Table 3

Descriptive statistics of the variables used in OLS regression analyses

VariableDescriptionObsMeanS.D.MinMax
REL_GAAPBartlett score of Component 127201−3.482.03
UNREL_GWBartlett score of Component 227201−3.432.14
INC_EMBartlett score of Component 327201.01−3.212.61
OPP_MGMTBartlett score of Component 427201.01−2.242.13
AUDITOR1 for auditors and 0 otherwise2900.40.4901
BIG41 for Big 4 auditors and 0 otherwise2910.150.3601
FEMALE1 for female respondents and 0 otherwise2920.480.501
FEMALE×AUDITOR1 for female auditors and 0 otherwise2900.170.3801
FEMALE×BIG41 for female Big 4 auditors and 0 otherwise2910.080.2601
AGEAge (years)25136.7912.352077
EXPEExperience in accounting (years)2469.199.98048
INDUExposure to various industries (0–10)2921.841.55010
FINWORK1 if working or consulting in the financial administration of a listed company and 0 otherwise2800.420.4901
HIGHER1 for the respondents holding a master's degree, MBA or PhD and 0 otherwise2920.230.4201
NON_BUS1 for the respondents holding a degree other than a business degree and 0 otherwise2920.070.2601
NON_US1 for the respondents who do not reside in the United States and 0 otherwise2910.030.1701

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