Table 1 Descriptive statistics Variable... | Emerald Publishing

Table 1

Descriptive statistics

Variable	N	Mean	Median	SD	Min	Max	Range
CAR	3,930	0.008	0.001	0.081	−0.392	0.618	1.010
EP	3,930	−0.001	0.001	0.052	−0.171	0.168	0.339
IC	3,930	6.482	6.499	0.108	6.071	6.689	0.618
SIZE	3,930	22.86	22.62	1.472	18.86	28.61	9.759
ROA	3,930	0.044	0.040	0.057	−0.124	0.236	0.360
LEV	3,930	0.446	0.448	0.196	0.013	0.979	0.966
GROWTH	3,930	0.130	0.094	0.311	−0.547	1.520	2.067
BETA	3,930	0.942	0.944	0.348	−0.070	2.398	2.467
BOARD	3,930	2.130	2.197	0.197	1.386	2.890	1.504
INDEP	3,930	0.378	0.364	0.056	0.143	0.800	0.657
FIRMAGE	3,930	3.108	3.135	0.275	1.792	4.174	2.383

Variable	N	Mean	Median	SD	Min	Max	Range
CAR	3,930	0.008	0.001	0.081	−0.392	0.618	1.010
EP	3,930	−0.001	0.001	0.052	−0.171	0.168	0.339
IC	3,930	6.482	6.499	0.108	6.071	6.689	0.618
SIZE	3,930	22.86	22.62	1.472	18.86	28.61	9.759
ROA	3,930	0.044	0.040	0.057	−0.124	0.236	0.360
LEV	3,930	0.446	0.448	0.196	0.013	0.979	0.966
GROWTH	3,930	0.130	0.094	0.311	−0.547	1.520	2.067
BETA	3,930	0.942	0.944	0.348	−0.070	2.398	2.467
BOARD	3,930	2.130	2.197	0.197	1.386	2.890	1.504
INDEP	3,930	0.378	0.364	0.056	0.143	0.800	0.657
FIRMAGE	3,930	3.108	3.135	0.275	1.792	4.174	2.383

Source(s): Authors' own work