Table 2 Descriptive statistics.
From: Behind the green veil: board characteristics, greenwashing, and the fraud triangle
Symbol | Observations | Mean | SD | Min. | Median | Max |
|---|---|---|---|---|---|---|
GW | 13,246 | −0.300 | 1.227 | −2.853 | −0.336 | 2.790 |
Female | 13,246 | 0.134 | 0.124 | 0.000 | 0.111 | 0.500 |
Indep | 13,246 | 0.376 | 0.056 | 0.333 | 0.364 | 0.571 |
Tenure | 12,802 | 48.920 | 18.593 | 16.000 | 46.333 | 105.733 |
Meeting | 13,241 | 10.321 | 4.734 | 1.000 | 9.000 | 58.000 |
Bsize | 13,246 | 8.989 | 1.877 | 3.000 | 9.000 | 18.000 |
Dual | 12,841 | 0.211 | 0.408 | 0.000 | 0.000 | 1.000 |
Mshare | 13,246 | 0.032 | 0.090 | 0.000 | 0.000 | 0.495 |
Top1 | 13,246 | 36.474 | 16.169 | 8.140 | 34.740 | 76.950 |
Size | 13,246 | 23.231 | 1.311 | 20.499 | 23.128 | 26.955 |
Age | 13,246 | 2.906 | 0.350 | 1.792 | 2.944 | 3.526 |
SOE | 13,246 | 0.527 | 0.499 | 0.000 | 1.000 | 1.000 |
Lev | 13,246 | 0.479 | 0.196 | 0.077 | 0.490 | 0.885 |
ROA | 13,246 | 0.045 | 0.059 | −0.176 | 0.039 | 0.220 |
Cashflow | 13,246 | 0.061 | 0.069 | −0.130 | 0.057 | 0.264 |
GDP | 13,246 | 10.464 | 0.785 | 7.790 | 10.539 | 11.818 |
