Variable

Mean

Standard Deviation

Minimum

Maximum

lnSGA

0.140

0.347

3.695

4.229

lnRev

0.123

0.458

12.041

11.810

D

0.291

0.454

0

1

Anticorrupt

0.331

0.471

0

1

The state

0.471

0.499

0

1

Marketindex

7.878

1.842

0.62

9.78

lnasset

0.631

0.745

2.435

13.577

GDP

9.254

2.020

6.900

14.200

lnemployee

13.525

1.070

19.013

0.435