Table 3

Descriptive statistics of the variables. Panel data for the period 2015–2021

MinMaxMeanMedianStd. dev.
Dependent variables     
ESG_perf14.912462.723145.997548.254811.3937
ENV_perf2.685659.834236.596040.161915.1386
SOC_perf3.338776.404248.125650.347616.6264
GOV_perf28.64571.443852.856250.14678.0112
Independent variables     
%B_GEq00.53300.27420.30240.3277
nB_GEq0103.22303.35480.9246
massB_GEq010.31650.37960.3058
Control variables     
Board size (B_size)72314.750214.16434.7672
Board independence (B_ind)0.081.250.9251.0410.98
CSR/sustainability committee (CSR_com)010.59420.58890.4928
SIZE8.863211.43079.82649.80260.7544
ROE−6.87300.35650.00940.06790.5771
LEV0.01540.21670.07680.08530.0324
Governance model (Gov_mod)010.57220.54820.5673
Source: Table created by authors

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