Table 2 Descriptive statistics of...

Table 2

Descriptive statistics of HCM-related variables

Variable	Count	Mean	Std. dev.	Min	25th pct	Median	75th pct	Max
HCM_Disclosure	39,825	−0.000	1.000	−2.496	−0.718	−0.106	0.605	5.050
HCM_Turnover Retention	39,825	0.017	0.024	0.000	0.000	0.000	0.028	0.098
HCM_Safety and Health	39,825	0.120	0.097	0.000	0.050	0.099	0.169	0.457
HCM_Succession Planning	39,825	0.044	0.043	0.000	0.000	0.032	0.070	0.175
HCM_Recruiting	39,825	0.037	0.033	0.000	0.000	0.030	0.057	0.139
HCM_Pay Equity	39,825	0.005	0.012	0.000	0.000	0.000	0.000	0.052
HCM_Employment Engagement	39,825	0.054	0.044	0.000	0.025	0.048	0.080	0.196
HCM_Employee Development	39,825	0.464	0.159	0.028	0.356	0.458	0.566	0.889
HCM_Diversity	39,825	0.083	0.034	0.000	0.061	0.082	0.104	0.171
HCM_Culture	39,825	0.335	0.131	0.000	0.240	0.327	0.422	0.681
HCM_Compensation	39,825	0.983	0.190	0.150	0.853	0.979	1.110	1.451
MD&A phrase count (in 000s)	39,825	34.152	9.686	4.248	27.322	33.237	39.733	108.432

Variable	Count	Mean	Std. dev.	Min	25th pct	Median	75th pct	Max
HCM_Disclosure	39,825	−0.000	1.000	−2.496	−0.718	−0.106	0.605	5.050
HCM_Turnover Retention	39,825	0.017	0.024	0.000	0.000	0.000	0.028	0.098
HCM_Safety and Health	39,825	0.120	0.097	0.000	0.050	0.099	0.169	0.457
HCM_Succession Planning	39,825	0.044	0.043	0.000	0.000	0.032	0.070	0.175
HCM_Recruiting	39,825	0.037	0.033	0.000	0.000	0.030	0.057	0.139
HCM_Pay Equity	39,825	0.005	0.012	0.000	0.000	0.000	0.000	0.052
HCM_Employment Engagement	39,825	0.054	0.044	0.000	0.025	0.048	0.080	0.196
HCM_Employee Development	39,825	0.464	0.159	0.028	0.356	0.458	0.566	0.889
HCM_Diversity	39,825	0.083	0.034	0.000	0.061	0.082	0.104	0.171
HCM_Culture	39,825	0.335	0.131	0.000	0.240	0.327	0.422	0.681
HCM_Compensation	39,825	0.983	0.190	0.150	0.853	0.979	1.110	1.451
MD&A phrase count (in 000s)	39,825	34.152	9.686	4.248	27.322	33.237	39.733	108.432

Note(s): This table presents the descriptive statistics of HCM-related variables for the sample firms over the 2009–2022 period. All variables are defined in Appendix A2

Source(s): The authors

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