Mean

Median

Pre

Post

t-value

Pre

Post

z-value

N

76

76

76

76

CEC_PEG

0.1788

0.1338

3.82

***

0.1559

0.1249

3.56

***

CEC_GM

0.1984

0.1498

3.97

***

0.1746

0.1384

3.23

***

CEC_MPEG

0.1994

0.1455

4.29

***

0.1750

0.1360

3.56

***

BETA

0.9143

0.9239

?0.14

1.0200

0.7883

1.94

*

SIZE

27.7404

27.9960

?1.05

27.2373

27.6104

?1.29

MTB

1.3017

2.3775

?3.47

***

1.0337

1.4982

?2.26

**

RDEBT

0.4262

0.4400

?0.46

0.4220

0.4071

0.32

ROA

0.0638

0.0539

0.96

0.0606

0.0463

1.62

PLIST

2.4895

2.7781

?1.84

*

2.8618

3.0201

?0.87