Table II.

Descriptive statistics

Model 1: H1 variables
VariableIndustry sector (N = 3,708)Service sector (N = 3,069)Both sectors (N = 6,777)
MeanMedianSDMeanMedianSDMeanMedianSD
ROA0.07750.07800.09690.05460.04500.06650.06650.06350.0845
SIZE3.57403.63800.69133.65543.74320.61993.61303.69320.6593
MCPA646.84381.7381.678739.92335.5623.412691.29352.7517.226
LA0.21660.02801.06130.22480.03651.05980.22050.02971.0605
Model 2: H2 variables
 Industry sector (N = 3,708)Service sector (N = 3,069)Both sectors (N = 6,777)
VariableMeanMedianSDMeanMedianSDMeanMedianSD
Tobin's_Q1.75301.23553.04131.07950.75451.10831.43141.03322.3520
SIZE3.57403.63800.69133.65543.74320.61993.61303.69320.6593
NE103.7353.1001.965680.54447.6201.917792.60650.4001.9461
OC0.01570.00160.24280.04920.000940.68470.03220.00130.5109

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