Sample selection
| Description | Indonesia (firm-years) | South Korea (firm-years) |
|---|---|---|
| Total data | 3,259 | 3,697 |
| (−) Financial service | (480) | (301) |
| (−) Incomplete information | (181) | (140) |
| Total observations | 2,598 | 3,256 |
| Description | Indonesia (firm-years) | South Korea (firm-years) |
|---|---|---|
| Total data | 3,259 | 3,697 |
| (−) Financial service | (480) | (301) |
| (−) Incomplete information | (181) | (140) |
Source(s): Table created by authors
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