Table 1.

Summary statistics of the collected variables.

Variable	N	Mean	St. Dev.	Min	Pctl(25)	Med.	Pctl(75)	Max
Price	1,584,752	58.53	2,747.95	0.01	0.71	4.59	18.56	437,260.00
Level of Variation: Firm
Intangible intensity	15,062	1.17	2.52	0.01	0.28	0.59	1.19	123.45
HRM ineffectiveness	10,630	10.69	105.83	0.001	1.01	2.96	7.79	7,840.98
Leverage	14,868	48.57	664.07	0.00	6.04	25.25	52.06	66,172.71
Market capitalization	15,234	4.256	25.748	0.001	0.057	0.245	1.477	1,287.658
Price-to-book	15,151	1.98	74.28	−7,372.07	0.68	1.25	2.44	4,020.33
Employees	10,631	10,214.55	39,418.09	10	380	1,471	6,000	2,200,000
Total assets	15,066	11.661	86.822	0.001	0.103	0.455	2.597	2,807.099
EBITDA	14,862	546.132	2,638.739	−2,700.367	4.633	32.954	200.601	76,477.000
Non-critical	13,435	0.61	0.49	0.00	0.00	1.00	1.00	1.00
Telework propensity	15,146	0.39	0.25	0.02	0.18	0.28	0.54	0.95
Level of Variation: Country
GDP per capita	46	29,346.39	22,382.01	2,104.15	9,216.27	26,379.36	46,242.84	81,993.73
Unemployment rate	46	6.47	5.08	0.75	3.40	4.58	7.85	28.18
Inflation	46	128.41	36.57	18.70	112.46	117.65	133.92	267.51
Country openness	46	0.91	0.67	0.25	0.51	0.74	1.10	3.53
Population	46	81.671	204.340	4.207	9.232	32.230	68.984	1,366.417

Note: Number of non-missing observations for the variable is represented by N. Mean, St. Dev. and Med represent the sample mean, standard deviation and median of the variable respectively. Price has weekly frequency and range from 2019-05-24 to 2021-05-14. Firm variables referring to the last values observed in 2019. Country variables corresponding to 2019 values. Market capitalization and Total assets (US$ billion); EBITDA (US$ million); HRM ineffectiveness (employees per US$ million); Population (million).