Table I. Summary statistics Variables... | Emerald Publishing

Table I.

Summary statistics

Variables	Mean	SD	Minimum	Maximum	Observations
ROA	2.39	5.02	−6.38	53.12	140
ROE	15.32	71.62	−36.61	631.91	140
Female board participation	15.75	10.57	0	40	140
HCE	2.91	1.72	0.01	9.5	140
SCE	−0.82	9.55	−99.4	0.9	140
Capital employed efficiency	0.43	0.57	0.01	5.53	140
Firm size	8.97	0.38	8.05	9.72	140
Director shareholdings	0.03	0.08	0	0.91	140
Board size	14.69	2.93	7	22	140
Firm age	15.57	12.19	1	47	140
Ownership concentration	82.57	12.32	56.4	98.9	140

Variables	Mean	SD	Minimum	Maximum	Observations
ROA	2.39	5.02	−6.38	53.12	140
ROE	15.32	71.62	−36.61	631.91	140
Female board participation	15.75	10.57	0	40	140
HCE	2.91	1.72	0.01	9.5	140
SCE	−0.82	9.55	−99.4	0.9	140
Capital employed efficiency	0.43	0.57	0.01	5.53	140
Firm size	8.97	0.38	8.05	9.72	140
Director shareholdings	0.03	0.08	0	0.91	140
Board size	14.69	2.93	7	22	140
Firm age	15.57	12.19	1	47	140
Ownership concentration	82.57	12.32	56.4	98.9	140

Source: Authors’ computation, 2019