| Table 2.1. | The Industry Classification Systems | 19 |
| Table 2.2. | Summary of Missing Values in the Original Datasets | 20 |
| Table 2.3. | Summary of Missing Values After Cleaning the Datasets | 25 |
| Table 3.1. | Shares of Missing Values for Each Performance Variable by Geographical Area | 31 |
| Table 3.2. | Number of Firms and Their Lifespan Across Different Treatments and Regions | 32 |
| Table 3.3. | Skewness and Kurtosis of ROA Distribution across Treatments and Regions | 36 |
| Table 3.4. | Outliers and Extreme Outliers of ROA across Treatments and Regions | 40 |
| Table 4.1. | Comparing Original European and North American Data with the Complete Dataset | 50 |
| Table 4.2. | The Persistence of Outliers (Based on ROA) in the European and North American Complete Case Datasets | 55 |
| Table 4.3. | ROA Outliers in the North American and European Datasets Across Different Company Sizes | 59 |
| Table 4.4. | Needed Decrease in Share of Observations and Companies Per Industry to Make the ROA Distribution Normal | 61 |
| Table 5.1. | Comparing Performance and Risk-Return Studies in Management and Finance | 77 |
| Table 6.1a. | Descriptive Statistics on Key Performance Variables for Manufacturing Firms 1995– | 201987 |
| Table 6.1b. | Statistics on Leadership and Accounting Variables for Manufacturing Firms 1995– | 201990 |
| Table 6.2a. | Statistics for Firms Performing Above and Below Median ROA 1995– | 201991 |
| Table 6.2b. | Accounting and Leadership Statistics for Firms Above and Below Median ROA 1995– | 201991 |
| Table 6.3a. | Risk-Return Correlations (ROA) of Manufacturing Firms 1995– | 201993 |
| Table 6.3b. | Risk-Return Correlations (NI) of Manufacturing Firms 1995– | 201993 |
| Table 6.4a. | Performance Outcomes of Manufacturing Firms by Subperiods | 95 |
| Table 6.4b. | Risk-Return Correlations of Manufacturing Firms by Subperiods | 95 |
| Table 7.1. | The Performance and Risk-Return Outcomes in Different Subsamples 1995– | 2019114 |
| Table 8.1. | Financial Returns (ROA) of Firms in Manufacturing Industries 1995– | 2019123 |
| Table 8.2. | Return Outcomes and Risk Correlations of Manufacturing Firms by Subperiods | 124 |
| Table 8.3. | Description of Negative and Positive Outliers from Sampled Manufacturing Firms 1995–2019 | 126 |
| Table 2.1. | The Industry Classification Systems | 19 |
| Table 2.2. | Summary of Missing Values in the Original Datasets | 20 |
| Table 2.3. | Summary of Missing Values After Cleaning the Datasets | 25 |
| Table 3.1. | Shares of Missing Values for Each Performance Variable by Geographical Area | 31 |
| Table 3.2. | Number of Firms and Their Lifespan Across Different Treatments and Regions | 32 |
| Table 3.3. | Skewness and Kurtosis of ROA Distribution across Treatments and Regions | 36 |
| Table 3.4. | Outliers and Extreme Outliers of ROA across Treatments and Regions | 40 |
| Table 4.1. | Comparing Original European and North American Data with the Complete Dataset | 50 |
| Table 4.2. | The Persistence of Outliers (Based on ROA) in the European and North American Complete Case Datasets | 55 |
| Table 4.3. | ROA Outliers in the North American and European Datasets Across Different Company Sizes | 59 |
| Table 4.4. | Needed Decrease in Share of Observations and Companies Per Industry to Make the ROA Distribution Normal | 61 |
| Table 5.1. | Comparing Performance and Risk-Return Studies in Management and Finance | 77 |
| Table 6.1a. | Descriptive Statistics on Key Performance Variables for Manufacturing Firms 1995– | 201987 |
| Table 6.1b. | Statistics on Leadership and Accounting Variables for Manufacturing Firms 1995– | 201990 |
| Table 6.2a. | Statistics for Firms Performing Above and Below Median ROA 1995– | 201991 |
| Table 6.2b. | Accounting and Leadership Statistics for Firms Above and Below Median ROA 1995– | 201991 |
| Table 6.3a. | Risk-Return Correlations (ROA) of Manufacturing Firms 1995– | 201993 |
| Table 6.3b. | Risk-Return Correlations (NI) of Manufacturing Firms 1995– | 201993 |
| Table 6.4a. | Performance Outcomes of Manufacturing Firms by Subperiods | 95 |
| Table 6.4b. | Risk-Return Correlations of Manufacturing Firms by Subperiods | 95 |
| Table 7.1. | The Performance and Risk-Return Outcomes in Different Subsamples 1995– | 2019114 |
| Table 8.1. | Financial Returns (ROA) of Firms in Manufacturing Industries 1995– | 2019123 |
| Table 8.2. | Return Outcomes and Risk Correlations of Manufacturing Firms by Subperiods | 124 |
| Table 8.3. | Description of Negative and Positive Outliers from Sampled Manufacturing Firms 1995–2019 | 126 |
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