Ownership Structure, Financial Decisions, and Institutional Setting: An International Analysis through Simultaneous Equations

Table 2

Descriptive statistics.

Variable	Mean	Std. dev.	Min.	Max.
MBE	2.667	2.251	0.103	30.111
LEV	2.163	1.690	0.055	12.059
C1	19.722	21.262	0	99.980
INS	12.119	9.893	0	79.960
HERF	0.418	0.168	0.2	0.990
SIZE	3.652	0.635	1.274	5.747
ROA	0.089	0.060	−0.213	0.430
RISK	0.447	1.057	0	10.611
OPORT	0.238	0.913	0	0.925