Variables | Family Firms | Non-Family Firms | ||
| Mean | Std. Dev. | Mean | Std. Dev. |
Sale | 22.8847 | 1.5976 | 23.7577 | 1.9264 |
MV | 22.2939 | 1.6332 | 23.1701 | 1.8798 |
PROF | 0.3892 | 0.8419 | 0.4972 | 1.2097 |
BIND | 0.1914 | 0.1070 | 0.1988 | 0.1039 |
BEXE | 0.5439 | 0.1393 | 0.5712 | 0.1486 |
CFO | 0.1414 | 0.4941 | 0.2466 | 1.4833 |
ROA | 0.1859 | 0.5450 | 0.2090 | 0.6778 |
AEAR | −0.0018 | 1.2484 | −0.0265 | 0.2311 |
MATU | 0.07504 | 0.2883 | 0.07400 | 0.1501 |
TP | 1.9684 | 6.8056 | 0.8461 | 3.711 |
CSUF | 0.7777 | 0.4163 | 0.7207 | 0.4506 |
LEVE | 0.4844 | 0.3196 | 0.3710 | 0.3278 |
VOLT | 1.1402 | 1.0635 | 1.0625 | 0.9664 |
FINV | −0.0847 | 0.2101 | −0.0555 | 0.2424 |