Table 3

Descriptive statistics

VariablesMeanMedianSt. devMinMax
Fin0.0730.0310.1270.0000.513
CEO_Age55.3755.006.47343.0064.00
Indep0.4350.0000.2610.0001.000
Fem_dir0.1560.0000.3110.0001.000
Growth0.1520.1080.241−0.3971.427
Lev0.5720.5160.1570.0611.384
CF0.0840.0810.126−0.1720.278
Size14.71614.5221.64313.5815.42
ROA0.0610.0570.077−0.2070.246
Comp_Age2.8452.7280.4221.4353.829
CEO_TN7.6845.4268.3820.41718.00

Note(s): This table presents the descriptive statistics of the used variables

Source(s): Author’s own work

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