Table 5 Descriptive statistics of study variables
Variable | Min | Max | Mean | Std dev |
|---|---|---|---|---|
Overall Financial Sustainability Index | 0.263 | 0.792 | 0.525 | 0.079 |
Return on asset (\({ROA}_{it}\)) | − 0.211 | 0.334 | 0.098 | 0.213 |
Economic values added on total asset (\({EVA}_{it}\)) | 0.013 | 0.297 | 0.081 | 0.131 |
Bank capital strength (EQ/TA) | 0.189 | 0.300 | 0.241 | 0.032 |
DummCap | 0.000 | 1.000 | 0.896 | 0.305 |
Dummtime | 0.000 | 1.000 | 0.613 | 0.425 |
Dividend payout | 0.021 | 0.315 | 0.216 | 0.045 |
Three-firm concentration \(({CR}_{3})\) | 0.198 | 0.341 | 0.262 | 0.113 |
Herfindahl–Hirschman index (HHI) | 0.053 | 0.109 | 0.089 | 0.019 |
Market share | 0.017 | 0.221 | 0.190 | 0.087 |
Credit risk (\(LP/TL\)) | 0.013 | 0.336 | 0.162 | 0.144 |
Income diversification (NI/TA) | 0.005 | 0.017 | 0.009 | 0.102 |
Loan intensity (TL/TA) | 0.012 | 0.948 | 0.427 | 0.162 |
Bank size (SIZE) | 2.171 | 12.136 | 7.215 | 1.812 |
Economic development (GDP) | 3.157 | 13.217 | 9.321 | 2.113 |
Financial sector development (SM/GDP) | 0.213 | 0.713 | 0.413 | 0.172 |
Macroeconomic risk (INFL) | 0.070 | 0.231 | 0.172 | 0.115 |