Sample selection criteria
| Total number of companies in the BT 500 index | 500 |
|---|---|
| Less: companies of various sectors except steel companies | (456) |
Less: companies not complying with the following selection criteria, i.e.
| (4) |
| Final sample size | 40 |
| Total number of companies in the BT 500 index | 500 |
|---|---|
| Less: companies of various sectors except steel companies | (456) |
| Less: companies not complying with the following selection criteria, i.e. Market capitalization of the company should be more than 1 bn, The company should be listed and Data should be available from 2004–2005 to 2017–2018 | (4) |
| Final sample size | 40 |
Note(s): The sampling technique: purposive sampling (non-probability technique)
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