Table 1.
Summary of descriptive statistics.
| Variables | N | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| RETURNS | 2,736 | 0.0005 | 0.103 | −0.705 | 0.838 |
| COVID-19 | 2,736 | 0.341 | 0.603 | 0.000 | 2.538 |
| CSR_Total | 2,736 | 46.082 | 5.605 | 35.342 | 59.879 |
| CSR_C | 2,736 | 44.391 | 4.588 | 36.111 | 56.111 |
| CSR_Em | 2,736 | 46.992 | 6.229 | 38.528 | 64.028 |
| CSR_En | 2,736 | 46.864 | 9.584 | 29.000 | 69.194 |
| SIZE | 2,736 | 7.441 | 1.501 | 4.181 | 10.532 |
| LEV | 2,736 | 3.393 | 15.803 | −8.098 | 117.963 |
| ROA | 2,736 | 0.053 | 0.075 | −0.117 | 0.340 |
| MTB | 2,736 | 6.693 | 30.242 | −27.184 | 223.817 |
| FR | 2,736 | 0.230 | 0.343 | 0.000 | 0.989 |
| INT | 2,736 | 0.186 | 0.290 | 0.000 | 1.000 |
| TIME | 2,736 | 24.500 | 13.856 | 1.000 | 48.000 |
| SINDEX | 2,736 | 54.534 | 26.736 | 0.000 | 75.460 |
| FISCAL_1 | 2,736 | 0.022 | 0.145 | 0.000 | 1.000 |
| FISCAL_2 | 2,736 | 0.020 | 0.140 | 0.000 | 1.000 |
| CB_1 | 2,736 | 0.021 | 0.143 | 0.000 | 1.000 |
| CB_2 | 2,736 | 0.021 | 0.143 | 0.000 | 1.000 |