Table 1

Descriptive statistics of the variables 2014–2018 (N = 270)

MinimumMaximumMeanStd. Deviation
Excess value0.04013.061.9832.023
HERF0.0000.7510.3910.219
Entropy0.0001.6550.6490.388
GOR0.40427.7182.0292.444
Control variables
EBITsales−0.7340.4200.0940.117
CAPEXsales−1.4940.9380.0350.153
LDTA0.0010.7410.1410.131
Size11.34220.43114.4271.771

Source(s): Authors' calculations

or Create an Account

Close Modal
Close Modal