Table 2.

Descriptive statistics

VariablesMeanMedianSDMinimumMaximum
CE_disclosure44.97324.86051.5290230.29
Education3.0202.5002.992015
Experience5.60053.954129
Sector membership3.49033.815033
Sector membership (dummy)0.59010.49401
Language0.83010.37801
Diversity0.3710.3740.1450.1010.727
Council size11.950116.608765
Size of municipality240,233.6109,684375,829.552,6622,794,356
Total_Revenue846.195281.7061,840.80667.53614,007

Notes:

N = 100.

For the definition of the variables, see Table 1 

Source: Created by authors

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