Table 1. Descriptive Statistics Variable Min Max Mean (Proportion) Dependent Variables 0 1 0.301 CSR Index 0 1 (0.637) Social Policies 0 1 (0.333) CSR Report 0 1 (0.168) GRI Report 0 1 (0.173) UNGC Member 0 1 (0.054) UNGC Contr Independent Variables 0 3 1.73 Press Freedom 0 0.618 0.200 HC Isomorphism CSR Index 0 0.939 0.424 HC Isomorphism Social Policies 0 0.917 0.246 HC Isomorphism CSR Report 0 0.697 0.110 HC Isomorphism GRI Report 0 0.455 0.113 HC Isomorphism UNGC Member 0 0.091 0.020 HC Isomorphism UNGC Contr Control Variables -2.450 15.810 9.830 Size 0 202 40.100 Age 0 1 (0.229) SOEs -0.420 1.391 0.167 ROE 0 10.038 0.128 Risk 0 58 6.38 International 0 27 0.992 Social Irresp 0 1 (0.25) Banking 0 1 (0.017) Heavy Industry 0 1 (0.033) PharmaChem 0 1 (0.20) Extractive 0 1 (0.17) Steel All other industries (Aerospace, Electricity and other 0 1 (0.33) Utilities, Food and Beverages, Pulp and Paper, Real Estate, TLC) 0 53.59 1.407 Patents
Table 1. Descriptive Statistics Variable Min Max Mean (Proportion) Dependent Variables CSR Index 0 1 0.301 Social Policies 0 1 (0.637) CSR Report 0 1 (0.333) GRI Report 0 1 (0.168) UNGC Member 0 1 (0.173) UNGC Contr 0 1 (0.054) Independent Variables Press Freedom 0 3 1.73 HC Isomorphism CSR Index 0 0.618 0.200 HC Isomorphism Social Policies 0 0.939 0.424 HC Isomorphism CSR Report 0 0.917 0.246 HC Isomorphism GRI Report 0 0.697 0.110 HC Isomorphism UNGC Member 0 0.455 0.113 HC Isomorphism UNGC Contr 0 0.091 0.020 Control Variables Size -2.450 15.810 9.830 Age 0 202 40.100 SOEs 0 1 (0.229) ROE -0.420 1.391 0.167 Risk 0 10.038 0.128 International 0 58 6.38 Social Irresp 0 27 0.992 Banking 0 1 (0.25) Heavy Industry 0 1 (0.017) PharmaChem 0 1 (0.033) Extractive 0 1 (0.20) Steel 0 1 (0.17) All other industries (Aerospace, Electricity and other Utilities, Food and Beverages, Pulp and Paper, Real Estate, TLC) 0 1 (0.33) Patents 0 53.59 1.407
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