Table 2 Descriptive characteristics of independent variables (N=1,494)
From: How Corporate Sociopolitical Activism (CSA) impacts portfolio allocations: an experiment
Variable (Reference Group) | n | % | Mean | St. Dev. | Min | Max |
|---|---|---|---|---|---|---|
Political | ||||||
 Democrat | 593 | 39.70 |  |  |  |  |
 Independent/Other | 374 | 25.03 |  |  |  |  |
 Republican | 527 | 35.27 |  |  |  |  |
Financial Control Variables | ||||||
 Risk tolerance |  |  | 5.98 | 2.43 | 1 | 10 |
 Financial satisfaction |  |  | 6.22 | 2.40 | 1 | 10 |
 Prepared for retirement |  |  | 0.59 | 0.49 | 0 | 1 |
Socioeconomic Control Variables | ||||||
 Household Income | ||||||
  Less than $25,000 | 233 | 15.60 |  |  |  |  |
  $25,001 – $50,000 | 400 | 26.77 |  |  |  |  |
  $50,001 – $75,000 | 367 | 24.56 |  |  |  |  |
  $75,001 - $100,000 | 272 | 18.21 |  |  |  |  |
  Over $100,001 | 222 | 14.86 |  |  |  |  |
 Education | ||||||
  Less than Bachelor’s Degree | 374 | 25.03 |  |  |  |  |
  Bachelor’s Degree | 852 | 57.03 |  |  |  |  |
  Graduate Degree | 268 | 17.94 |  |  |  |  |
  Male (Female) |  |  | 0.60 | 0.49 | 0 | 1 |
  Married (Other) |  |  | 0.61 | 0.49 | 0 | 1 |
  White (Other) |  |  | 0.67 | 0.47 | 0 | 1 |