TABLE 1.
Variables | Observations | Mean | Std. | Min | Max |
Return on equity (ROE) | 1,668 | 0.2471 | 0.726 | –6.02 | 4.74 |
Market competition | 1,668 | 0.815 | 0.389 | 0 | 1 |
Capital structure | 1,668 | 0.0715 | 0.088 | 0 | 0.503 |
Size | 1,668 | 9.42 | 0.745 | 0.00 | 11.82 |
Asset tangibility | 1,668 | 0.278 | 0.165 | 0 | 0.835 |
Growth | 1,668 | 0.151 | 0.111 | 0.0005 | 0.740 |
ROE, Return on firm’s equity; Std, Standard deviation.