Table 2. Descriptive statistics...

Table 2.

Descriptive statistics

Variables	Large size	Small size	Positive ROA	Negative ROA	Total
TUL1	0.037686	0.047054	0.042642	0.041268	0.042378
TUL2	0.033856	0.042822	0.030156	0.072798	0.038347
TUL3	−0.003830	−0.004231	−0.012487	0.031530	−0.004031
KONS	54.74406	52.36516	52.96249	56.03374	53.55248
FOREIGN	33.24004	21.56753	28.29813	23.58794	27.39330
DAR	45.96664	47.03545	44.35066	55.54969	46.50200
ROA	6.587587	3.066499	–		4.823882
SIZE	–	–	14.83551	14.20702	14.71478
GROWTH	4.381517	2.485877	3.122180	4.734955	3.431995
AS	0.604317	0.268817	0.440000	0.476636	0.436266
Observation	278	279	450	107	557

Variables	Large size	Small size	Positive ROA	Negative ROA	Total
TUL1	0.037686	0.047054	0.042642	0.041268	0.042378
TUL2	0.033856	0.042822	0.030156	0.072798	0.038347
TUL3	−0.003830	−0.004231	−0.012487	0.031530	−0.004031
KONS	54.74406	52.36516	52.96249	56.03374	53.55248
FOREIGN	33.24004	21.56753	28.29813	23.58794	27.39330
DAR	45.96664	47.03545	44.35066	55.54969	46.50200
ROA	6.587587	3.066499	–		4.823882
SIZE	–	–	14.83551	14.20702	14.71478
GROWTH	4.381517	2.485877	3.122180	4.734955	3.431995
AS	0.604317	0.268817	0.440000	0.476636	0.436266
Observation	278	279	450	107	557

Notes:

TUL1: related party receivables/TA; TUL2: related party payables/TA; TUL3: related party payables-receivables/TA; KONS: ownership concentration; FOREIGN: percentage of foreign ownership; ROA: return on asset; SIZE: LnTA; GROWTH: market to book value

[ViewLarge]

Sharing Unavailable