Table 4

Variables of interest – descriptive statistics

VariableMeanMedianMin.Max.SD
SIZE7,270,147.545985,937.0004,048.000450,000,000.00023,944,006.344
MV4,877,684.117804,140.0004,189.900190,000,000.00013,532,526.410
BOARD10.1249.0003.00030.0004.551
FLOAT0.5900.5900.0001.0000.248
ROA0.0210.040−4.4291.8290.203
JUD.IND5.5235.8003.1006.8000.918
STREN.REP5.5455.7003.7006.6000.608
MIN.PROT66.14566.00044.00080.0005.312

Note:

n = 5,175

Source: Authors’ own work

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