Sample selection and distribution
| Panel A: Sample selection | |
|---|---|
| Description | Total firms |
| Total firms available to be sampled | 285 |
| Less | |
| Financial companies | 12 |
| Firms with insufficient financial data | 60 |
| Final selected sample | 213 |
| Panel A: Sample selection | |
|---|---|
| Description | Total firms |
| Total firms available to be sampled | 285 |
| Less | |
| Financial companies | 12 |
| Firms with insufficient financial data | 60 |
| Final selected sample | 213 |
| Panel B: Industrial composition of the sample | ||
|---|---|---|
| Industry classification | No. of firms | Percentage of sample |
| Construction | 11 | 5.17% |
| Consumer products | 58 | 27.23% |
| Industrial products | 83 | 38.97% |
| Plantations | 12 | 5.63% |
| Properties | 34 | 15.96% |
| Technology | 15 | 7.04% |
| Total | 213 | 100% |
| Panel B: Industrial composition of the sample | ||
|---|---|---|
| Industry classification | No. of firms | Percentage of sample |
| Construction | 11 | 5.17% |
| Consumer products | 58 | 27.23% |
| Industrial products | 83 | 38.97% |
| Plantations | 12 | 5.63% |
| Properties | 34 | 15.96% |
| Technology | 15 | 7.04% |
| Total | 213 | 100% |
Source(s): Own elaboration
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