Table 2: Descriptive statistics.

VariableMeanStd. dev.Min.Max.

MBE2.6672.2510.10330.111
LEV2.1631.6900.05512.059
C119.72221.262099.980
INS12.1199.893079.960
HERF0.4180.1680.20.990
SIZE3.6520.6351.2745.747
ROA0.0890.060−0.2130.430
RISK0.4471.057010.611
OPORT0.2380.91300.925