Table 2 Summary statistics of the main variables
Variables | Observations | Mean | Median | SD | Min | Max |
|---|---|---|---|---|---|---|
ER | 8493 | 11.020 | 9.302 | 8.049 | 0.775 | 65.630 |
Green | 8493 | 0.020 | 0.000 | 0.138 | 0.000 | 1.000 |
Time | 8493 | 0.580 | 1.000 | 0.493 | 0.000 | 1.000 |
Green × Time | 8493 | 0.007 | 0.000 | 0.081 | 0.000 | 1.000 |
Size | 8493 | 23.210 | 23.103 | 1.368 | 19.450 | 28.640 |
Lev | 8493 | 0.484 | 0.495 | 0.199 | 0.009 | 1.165 |
ROA | 8493 | 0.045 | 0.037 | 0.069 | -0.775 | 0.675 |
ROE | 8493 | 0.074 | 0.082 | 0.200 | -7.213 | 1.611 |
Cashflow | 8493 | 0.109 | 0.095 | 0.273 | -7.860 | 8.808 |
Growth | 8493 | 0.205 | 0.091 | 1.786 | -0.953 | 84.990 |
Board | 8493 | 9.076 | 9.000 | 1.910 | 3.000 | 18.000 |