Table 4 Characteristics of... | Emerald Publishing

Table 4

Characteristics of industry-specific factors

Industry	No of firms	IND_DR			IND_Beta			% of firms with DC = 1
Industry	No of firms	Mean	Min	Max	Mean	Min	Max	% of firms with DC = 1
Food and beverage	924	0.617	0.501	0.710	0.349	0.086	0.554	32.1
Automotive	1,185	0.573	0.452	0.743	0.564	0.231	0.970	30.22
Consumer electronics	613	0.518	0.352	0.645	1.013	0.093	2.866	29.04
Energy	221	0.557	0.355	0.668	0.588	0.126	1.906	28.41
Mining and metals	1,976	0.499	0.431	0.636	0.424	0.252	0.633	28.04
Chemicals	1,432	0.505	0.411	0.609	0.392	0.153	0.493	28.87
Pharma and healthcare	460	0.455	0.328	0.568	0.304	0.061	0.380	24.67
Technology, media and telecoms	1,271	0.520	0.385	0.606	0.483	0.034	0.749	25.75
Tourism and leisure	593	0.487	0.392	0.569	0.361	0.003	0.839	26.60
Consumer goods and retail	2,724	0.518	0.437	0.653	0.513	0.352	0.810	31.81
Real estate and construction	2,811	0.514	0.434	0.620	0.675	0.351	1.292	25.05
Transportation	1,482	0.564	0.416	0.739	0.409	0.084	0.610	27.63

Industry	No of firms	IND_DR			IND_Beta			% of firms with DC = 1
Industry	No of firms	Mean	Min	Max	Mean	Min	Max	% of firms with DC = 1
Food and beverage	924	0.617	0.501	0.710	0.349	0.086	0.554	32.1
Automotive	1,185	0.573	0.452	0.743	0.564	0.231	0.970	30.22
Consumer electronics	613	0.518	0.352	0.645	1.013	0.093	2.866	29.04
Energy	221	0.557	0.355	0.668	0.588	0.126	1.906	28.41
Mining and metals	1,976	0.499	0.431	0.636	0.424	0.252	0.633	28.04
Chemicals	1,432	0.505	0.411	0.609	0.392	0.153	0.493	28.87
Pharma and healthcare	460	0.455	0.328	0.568	0.304	0.061	0.380	24.67
Technology, media and telecoms	1,271	0.520	0.385	0.606	0.483	0.034	0.749	25.75
Tourism and leisure	593	0.487	0.392	0.569	0.361	0.003	0.839	26.60
Consumer goods and retail	2,724	0.518	0.437	0.653	0.513	0.352	0.810	31.81
Real estate and construction	2,811	0.514	0.434	0.620	0.675	0.351	1.292	25.05
Transportation	1,482	0.564	0.416	0.739	0.409	0.084	0.610	27.63

Source(s): Own elaboration