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Table 1 Comparing the financial performance and Country of Origin of 370 companies with declared values to 130 without declared values

From: Do corporate values have value? The impact of corporate values on financial performance

 

Values (n = 370)

No values (n-130)

p value of t-test

Average Rank

229

312

0.000

Avg. Number of Employees

147,862

114,656

0.052

Avg. Rank change

4

14

0.051

Avg. Previous Rank

234

326

0.000

Avg. Revenues (millions)

72,645

44,283

0.000

Avg. Profits (millions)

5,049

2,175

0.000

Avg. Profitability %

0.07

0.04

0.000

Avg. ROA %

0.04

0.03

0.034

Avg. Assets ($millions)

294,185

194,189

0.026

Country of Origin

   

USA

30%

12%

 

Europe

30%

13%

 

China

17%

49%

 

Other

23%

26%

 

Total

100%

100%

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