Table 3.

Descriptive Statistics.

Variable	Lower Quartile	Mean	Median	Upper Quartile	Std Dev
Leverage	0.08	0.32	0.27	0.51	0.27
International	0.00	0.45	0.00	1.00	0.50
After_FC	0.00	0.55	1.00	1.00	0.49
Political_Risk	0.63	0.65	0.69	0.74	0.15
Size	11.78	13.04	13.13	14.40	1.97
Age	3.04	3.58	3.78	4.22	0.91
FCF	0.05	0.11	0.11	0.18	0.18
Collateral	0.14	0.35	0.35	0.54	0.25
NDTS	0.02	0.03	0.03	0.04	0.03
ROA	0.00	0.02	0.03	0.07	0.18
Growth	0.39	68.10	0.98	2.41	427.50
Exchange_Risk	2.20	3.88	3.40	5.11	2.22