TABLE 1

Descriptive Statistics

Variable	Obs	M	Mdn	SD	Min	Max	VIF
Market Share	2,541	22.5230	15.6661	23.3824	0.0803	100
Total CSR	2,541	−0.0499	0.0000	0.2962	−1.2738	0.9524	1.12
Advertising Intensity	2,541	0.0134	0.0000	0.0264	0.0000	0.1697	1.08
Leverage	2,541	0.1998	0.1920	0.1348	0.0000	1.3947	1.07
R&D Intensity	2,541	0.0480	0.0064	0.1072	0.0000	1.9957	1.08
Economic Growth	2,541	12,850.21	13,381.6	1,576.22	10,472.3	14,685.30	1.00

Note: Obs = observations; M = mean; Mdn = median; Min = minimum; Max = maximum; VIF = variance inflation factor; CSR = corporate social responsibility; R&D = research and development.