Variable

Obs

Mean

Std. Deviation

Min

Max

ROA

150

9%

10%

−4%

68%

ROE

150

20%

21%

−70%

94%

Financial Leverage

150

0.81

1.40

0.00

10.23

Firm Size

150

11.10

0.69

9.52

12.46

Board Size

150

10

3

6

23

Board Independence

150

27%

19%

0%

93%

Non-Executive Directors (NEDs)

150

53%

23%

0%

93%

Gender Diversity

150

3%

6%

0%

25%

Age of Company

150

44.97

19.65

7.00

77.00