Table 2.
Descriptive statistics.
| Variable | Observation | Mean | Standard Deviation | Minimum | Maximum |
|---|---|---|---|---|---|
| SWG | 324 | 0.1636 | 0.3705 | 0 | 1 |
| Lev | 298 | 0.5761 | 0.2713 | 0.0087 | 1.3860 |
| Demand | 291 | -0.1056 | 0.4303 | -1.0000 | 1.4984 |
| Size | 299 | 20.4403 | 1.8608 | 16.6786 | 25.8560 |
Notes: Table 2 depicts the descriptive statistics for each of the variables used in the study: SWG = Short-term Working Allowance, Lev = Firm Leverage, Demand = The Change in Demand, Size = Firm Size. Except SWG variable, all the variables measured in TL (Turkish Lira). For the measurement details of the variables, see Table 1.