Definition of dichotomous variables
| Variable name | Definition |
|---|---|
| Big four | 1 of the firm contracts any of the big four auditing firms, 0 otherwise |
| Young | 1 if the firm was started no earlier than five years ago, 0 otherwise |
| Listed | 1 if the firm is listed on the Stockholm stock exchange, 0 otherwise |
| Public purpose | 1 if the firm owns more than three properties and more than half of their properties are healthcare and/or school properties |
| Variable name | Definition |
|---|---|
| Big four | 1 of the firm contracts any of the big four auditing firms, 0 otherwise |
| Young | 1 if the firm was started no earlier than five years ago, 0 otherwise |
| Listed | 1 if the firm is listed on the Stockholm stock exchange, 0 otherwise |
| Public purpose | 1 if the firm owns more than three properties and more than half of their properties are healthcare and/or school properties |
Source(s): Author's own definitions
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