Table 1 Sample selection process Panel... | Emerald Publishing

Table 1

Sample selection process

Panel A: Sample selection procedure
Initial population of industrial firms with required data for estimating variables derived from the TSE database for the sample period 2009–2013		507
Less	Firms with noncalendar fiscal year end	6
Less	Firms with missing or insufficient variable data	12
Less	Firms with fiscal year change during 2009–2013	6
Less	Firms operating in banking industry as well as financial and investment institutions	10
Less	Nonrestating firms	301
Equal	Total firms in sample	172

Panel A: Sample selection procedure
Initial population of industrial firms with required data for estimating variables derived from the TSE database for the sample period 2009–2013		507
Less	Firms with noncalendar fiscal year end	6
Less	Firms with missing or insufficient variable data	12
Less	Firms with fiscal year change during 2009–2013	6
Less	Firms operating in banking industry as well as financial and investment institutions	10
Less	Nonrestating firms	301
Equal	Total firms in sample	172

Panel B: No. of firms by Industry
Industry	Frequency	Percentage
Telecommunications	13	7.55
Construction	13	7.55
Automotive	13	7.55
Electronics and Computer	10	5.81
Mining and Metal Products	13	7.55
Non-Metallic Minerals	12	6.97
Cement and Plaster	15	8.72
Metals	14	8.13
Agriculture and Animal Husbandry	11	6.39
Rubber and Plastic	11	6.39
Machine Tools	13	7.55
Oil, Gas and Petrochemicals	13	7.55
Food	13	7.55
Pharmaceuticals and Healthcare	13	7.55
Total	172	100

Panel B: No. of firms by Industry
Industry	Frequency	Percentage
Telecommunications	13	7.55
Construction	13	7.55
Automotive	13	7.55
Electronics and Computer	10	5.81
Mining and Metal Products	13	7.55
Non-Metallic Minerals	12	6.97
Cement and Plaster	15	8.72
Metals	14	8.13
Agriculture and Animal Husbandry	11	6.39
Rubber and Plastic	11	6.39
Machine Tools	13	7.55
Oil, Gas and Petrochemicals	13	7.55
Food	13	7.55
Pharmaceuticals and Healthcare	13	7.55
Total	172	100