Table A2: Characteristics of the Questionnaire Sample
|
SIC |
Description |
Freq |
Out of |
Response |
Data set |
Whole |
|
65121 |
Banks |
37 |
160 |
23.1 |
12.6 |
11.0 |
|
65122 |
Building societies (Thrifts) |
0 |
5 |
0.3 | ||
|
6521 |
Financial leasing__________________________ |
_____0 |
_____2 |
__________0.1 | ||
|
65221 |
Credit granting |
23 |
106 |
217 |
7.8 |
__________7.3 |
|
65222 |
Factoring________________________________ |
________1 |
_____2 |
50.0 |
___________0.3 |
__________0.1 |
|
65223 |
Mortgage finance |
0 |
1 |
__________0.1 | ||
|
65229 |
Other credit granting NEC |
1 |
2 |
50.0 |
0.3 |
0.1 |
|
65231 |
Investment trusts |
10 |
55 |
18.2 |
___________3.4 |
3.8 |
|
65232 |
Unit & property unit trusts |
6 |
13 |
46.2 |
2.0 |
0.9 |
|
65233 |
Security dealing |
11 |
62 |
17.7 |
___________3.7 |
__________4.2 |
|
65235 |
Venture & development capital |
1 |
4 |
25.0 |
0.3 |
0.3 |
|
6601 |
Life insurance |
39 |
149 |
26.2 |
13.3 |
10.2 |
|
6602 |
Pension funding |
3 |
6 |
50.0 |
1.0 |
0.4 |
|
6603 |
Non-life insurance |
1 |
6 |
16.7 |
0.3 |
_________0.4 |
|
6711 |
Administration of financial markets |
4 |
20 |
20.0 |
1.4 |
1.4 |
|
67121 |
Fund management |
1 |
3 |
33.3 |
___________0.3 |
__________0.2 |
|
67122 |
Security broking & related |
0 |
4 |
0.3 | ||
|
6713 |
Activities auxiliary to financial |
5 |
22 |
22^7 |
17 |
1.5 |
|
6720 |
Activities auxiliary to insurance & pension |
28 |
143 |
196 |
9.5 |
9.8 |
|
7011 |
Development & selling of real estate |
4 |
21 |
19.0 |
1.4 |
1.4 |
|
70201 |
Letting of conference and exhibition centers |
_____4 |
____30 |
13.3 |
____________1.4 |
__________2.1 |
|
70209 |
Other letting of own property |
3 |
21 |
14.3 |
____________1.0 |
___________1.4 |
|
74119 |
Legal services_____________________________ |
___59 |
355 |
16.6 |
_________20.1 |
________24.3 |
|
74121 |
Accounting/auditing |
11 |
71 |
15.5 |
___________3.7 |
__________4.9 |
|
74123 |
Tax consultancy________________________ |
______9 |
___59 |
15.3 |
____________3.1 |
__________4.0 |
|
7413 |
Market research |
7 |
29 |
24.1 |
___________2.4 |
2.0 |
|
7414 |
Business consultancy |
0 |
3 |
__________0.2 | ||
|
74142 |
Financial management |
2 |
4 |
50.0 |
0.7 |
0.3 |
|
74143 |
General management consultancy |
5 |
24 |
20.8 |
____________1.7 |
___________1.6 |
|
74149 |
Other management consultancy |
19 |
79 |
24.1 |
6.5 |
5.4 |
|
Total |
294 |
1461 |
20.12 |
_________100 |
100.0 |
The extent to which firms in different lines of activity rated the various factors in the
questionnaire differently was tested using a contingency table method. The method
compares the actual number of cases appearing in each cell with the expected count. The
χ2 statistic tests whether the differences between observed and expected counts in each cell
are significantly different to what one would expect. The precise formula is given by:
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