| K | Mean | Median | S.D | Max | Min | Kurtosis | Skewness | t test | Shapiro–Wilk normality test (z) |
---|---|---|---|---|---|---|---|---|---|---|
All studies (Hypothesis H1) | 1472 | − 0.123 | − 0.115 | 0.094 | 0.392 | − 0.826 | 10.193 | − 0.543 | − 50.160*** | 10.717†††|
Target region (Hypothesis H2) | ||||||||||
 Urban region | 919 | − 0.114 | − 0.108 | 0.084 | 0.392 | − 0.589 | 9.292 | 0.348 | − 40.962*** | 9.116†††|
 Rural region | 135 | − 0.184 | − 0.169 | 0.124 | − 0.014 | − 0.826 | 8.887 | − 1.798 | − 17.247*** | 5.918†††|
 Region unspecified | 418 | − 0.124 | − 0.115 | 0.097 | 0.271 | − 0.739 | 8.325 | − 0.452 | − 26.209*** | 6.800†††|
Target corporate sector (Hypothesis H3) | ||||||||||
 Public sector | 24 | − 0.095 | − 0.086 | 0.053 | 0.047 | − 0.195 | 3.512 | 0.303 | − 8.771*** | 0.770 |
 Private sector | 34 | − 0.125 | − 0.117 | 0.086 | 0.088 | − 0.408 | 5.661 | − 0.418 | − 8.415*** | 1.967††|
 Corporate sector unspecified | 1414 | − 0.123 | − 0.116 | 0.095 | 0.392 | − 0.826 | 10.199 | − 0.536 | − 48.978*** | 10.634†††|
Target period (Hypothesis H4) | ||||||||||
 1990s or before | 315 | − 0.110 | − 0.097 | 0.083 | 0.088 | − 0.671 | 10.421 | − 1.844 | − 23.484*** | 7.849†††|
 2000s | 689 | − 0.112 | − 0.107 | 0.086 | 0.392 | − 0.826 | 20.610 | − 1.006 | − 34.162*** | 10.868†††|
 2010s | 468 | − 0.148 | − 0.153 | 0.107 | 0.271 | − 0.561 | 4.507 | 0.457 | − 29.941*** | 5.420†††|