Table 1 Descriptive statistics Variables...

Table 1

Descriptive statistics

Variables	Mean	Standard deviation	Minimum	Maximum
ROA	0.0078676	0.01046	−0.0767	0.0213
ROE	0.1107624	0.05036	−0.1894	0.2357
Tobins' Q	0.9943333	0.62381	−0.9600	4.24
Stock return	−0.1630952	0.23184	−0.8100	0.39
B_SIZE	13.75238	3.84702	5	22
B_IDP	2.133333	1.19861	0	8
FEM_DIRECT	1.142857	1.30826	0	5
FAM_DUAL	0.195238	0.39733	0	1
BOARD_DILIGENCE	19.60476	7.18258	9	44
AC_SIZE	4.176190	0.88171	3	5
AC_COMP	1.147619	0.91876	0	3
AC_DILIGENCE	9.704762	6.94534	3	41
AC_HEAD	0.761904	0.42693	0	1
Log_Asset	25.86248	0.63305	23.22	27.47
Age	17.03333	9.03072	3	34

Variables	Mean	Standard deviation	Minimum	Maximum
ROA	0.0078676	0.01046	−0.0767	0.0213
ROE	0.1107624	0.05036	−0.1894	0.2357
Tobins' Q	0.9943333	0.62381	−0.9600	4.24
Stock return	−0.1630952	0.23184	−0.8100	0.39
B_SIZE	13.75238	3.84702	5	22
B_IDP	2.133333	1.19861	0	8
FEM_DIRECT	1.142857	1.30826	0	5
FAM_DUAL	0.195238	0.39733	0	1
BOARD_DILIGENCE	19.60476	7.18258	9	44
AC_SIZE	4.176190	0.88171	3	5
AC_COMP	1.147619	0.91876	0	3
AC_DILIGENCE	9.704762	6.94534	3	41
AC_HEAD	0.761904	0.42693	0	1
Log_Asset	25.86248	0.63305	23.22	27.47
Age	17.03333	9.03072	3	34