European Proceedings Logo

Digital Adoption and Corruption on Stock Market Development

Table 1: Descriptive Statistic

  Mean Minimum Maximum Standard Deviation Skewness Kurtosis
All Income countries (55 countries) 
SMD 61.4090 4.7702 293.9935 51.9192 2.0833 8.3175
DAI 0.6532 0.3690 0.8706 0.1262 -0.1317 2.1363
CPI 53.6818 25.0000 91.0000 18.8266 0.3534 1.8411
High-Income countries (31 countries)
SMD 67.2736 9.7539 239.1070 49.0694 1.5773 5.8591
DAI 0.7333 0.5172 0.8706 0.0879 -0.3000 2.2406
CPI 66.3387 35.0000 91.0000 14.7770 -0.2468 1.9663
Upper Middle-Income countries (13 countries)
SMD 70.1255 10.3757 293.9935 67.2408 2.1517 7.1677
DAI 0.6041 0.4431 0.7441 0.0695 -0.3202 2.7670
CPI 40.1154 27.0000 54.0000 7.9061 0.1166 2.1272
Lower Middle-Income countries (11 countries)
SMD 34.5801 4.7702 88.0186 25.7905 0.8624 2.4857
DAI 0.4857 0.3690 0.5730 0.0558 -0.4015 2.2375
CPI 34.0455 25.0000 41.0000 5.1221 -0.4643 1.8122
< Back to article

We care about your privacy

We use cookies or similar technologies to access personal data, including page visits and your IP address. We use this information about you, your devices and your online interactions with us to provide, analyse and improve our services. This may include personalising content or advertising for you. You can find out more in our privacy policy and cookie policy and manage the choices available to you at any time by going to ‘Privacy settings’ at the bottom of any page.

Manage My Preferences

You have control over your personal data. For more detailed information about your personal data, please see our Privacy Policy and Cookie Policy.

These cookies are essential in order to enable you to move around the site and use its features, such as accessing secure areas of the site. Without these cookies, services you have asked for cannot be provided.

Third-party advertising and social media cookies are used to
(1) deliver advertisements more relevant to you and your interests;
(2) limit the number of times you see an advertisement;
(3) help measure the effectiveness of the advertising campaign; and
(4) understand people’s behavior after they view an advertisement.
They remember that you have visited a site and quite often they will be linked to site functionality provided by the other organization. This may impact the content and messages you see on other websites you visit.