Table 4 Descriptive analysis of... | Emerald Publishing

Table 4

Descriptive analysis of variables

Variables	Combined sample				Bangladesh				India				Pakistan
Variables	Mean	SD	Min	Max	Mean	SD	Min	Max	Mean	SD	Min	Max	Mean	SD	Min	Max
REM	0.03	0.44	−4.44	8.80	0.01	0.14	−2.02	2.76	0.04	0.58	−4.44	8.80	0.02	0.40	−1.01	3.04
OWNCON (%)	41.78	19.10	13.75	82.25	25.79	8.99	13.75	70.20	62.77	6.33	33.00	82.25	30.08	11.09	17.25	79.55
MANOWN(%)	15.25	7.36	0.00	55.00	18.99	8.44	0.00	55.00	15.56	7.88	0.00	49.00	12.39	4.05	0.60	25.90
INSOWN(%)	17.81	10.72	0.00	70.56	25.76	10.89	0.00	70.56	19.27	9.98	0.00	68.71	10.88	5.98	0.06	43.22
FOROWN (%)	4.90	2.16	0.00	14.03	4.21	1.20	0.00	6.15	4.39	1.56	0.00	8.00	5.90	2.77	0.00	14.03
BDIV	1.24	0.26	0.00	3.00	1.21	0.19	0.00	3.00	1.39	0.28	0.00	3.00	1.09	0.16	0.00	3.00
FSIZE	12.11	3.21	4.79	26.00	9.68	2.01	4.79	14.65	10.33	1.21	16.22	18.66	15.66	2.01	12.65	26.00
ROA (%)	9.07	11.58	−17.00	87.00	5.33	6.80	−16.21	25.40	9.80	13.59	−0.30	72.00	10.80	11.23	−17.00	87.00
LEV	0.34	0.23	0.01	0.89	0.45	0.24	0.02	0.89	0.17	0.03	0.01	0.87	0.44	0.25	0.02	0.84
FAGE	2.33	1.46	0.71	5.89	2.50	1.04	1.02	3.70	3.65	0.57	1.07	5.89	0.80	0.72	0.71	4.69
Total firm year observations	346				85				135				126

Variables	Combined sample				Bangladesh				India				Pakistan
Variables	Mean	SD	Min	Max	Mean	SD	Min	Max	Mean	SD	Min	Max	Mean	SD	Min	Max
REM	0.03	0.44	−4.44	8.80	0.01	0.14	−2.02	2.76	0.04	0.58	−4.44	8.80	0.02	0.40	−1.01	3.04
OWNCON (%)	41.78	19.10	13.75	82.25	25.79	8.99	13.75	70.20	62.77	6.33	33.00	82.25	30.08	11.09	17.25	79.55
MANOWN(%)	15.25	7.36	0.00	55.00	18.99	8.44	0.00	55.00	15.56	7.88	0.00	49.00	12.39	4.05	0.60	25.90
INSOWN(%)	17.81	10.72	0.00	70.56	25.76	10.89	0.00	70.56	19.27	9.98	0.00	68.71	10.88	5.98	0.06	43.22
FOROWN (%)	4.90	2.16	0.00	14.03	4.21	1.20	0.00	6.15	4.39	1.56	0.00	8.00	5.90	2.77	0.00	14.03
BDIV	1.24	0.26	0.00	3.00	1.21	0.19	0.00	3.00	1.39	0.28	0.00	3.00	1.09	0.16	0.00	3.00
FSIZE	12.11	3.21	4.79	26.00	9.68	2.01	4.79	14.65	10.33	1.21	16.22	18.66	15.66	2.01	12.65	26.00
ROA (%)	9.07	11.58	−17.00	87.00	5.33	6.80	−16.21	25.40	9.80	13.59	−0.30	72.00	10.80	11.23	−17.00	87.00
LEV	0.34	0.23	0.01	0.89	0.45	0.24	0.02	0.89	0.17	0.03	0.01	0.87	0.44	0.25	0.02	0.84
FAGE	2.33	1.46	0.71	5.89	2.50	1.04	1.02	3.70	3.65	0.57	1.07	5.89	0.80	0.72	0.71	4.69
Total firm year observations	346				85				135				126

Note(s): SD = Standard deviation; Min = Minimum value; Max = Maximum value; The definitions of all variables are presented in Table 2