Software-Skilled Directors and Stock Growth

Mann-Whitney U Test

U statistic: 26009126.0

p-value: 0.0847

Growth distribution by board type

Regression: Number of Software Directors

y = -1382.0504 * x + 2969.8945

R2: 0.0

p-value: 0.7416

Regression number of software directors

Regression: Proportion of Software Directors

y = -11132.4809 * x + 2964.9351

R2: 0.0

p-value: 0.7443

Regression proportion of software directors

Sector Results

Sector U statistic U p-value Slope Num R² Num p Num Slope Prop R² Prop p Prop
Basic Materials 36816.0 0.5765 -11.1689 0.0018 0.2312 -93.5475 0.0019 0.2166
Communication Services 8458.0 0.2978 -3.0495 0.0004 0.7087 -29.3747 0.0004 0.7165
Consumer Cyclical 259647.0 0.4814 -6.2121 0.0003 0.4520 -51.9931 0.0003 0.4225
Consumer Defensive 30921.0 0.2421 -3.4765 0.0 0.8218 -27.5976 0.0 0.8493
Energy 8281.0 0.5095 -5.4267 0.0003 0.7129 -34.3012 0.0002 0.7711
Financial Services 1960337.0 0.0013 1.3056 0.0 0.9521 -10.0812 0.0 0.9595
Healthcare 236640.5 0.1629 -706.9697 0.0002 0.5606 -5532.9277 0.0002 0.5635
Industrials 302995.0 0.7888 7.3075 0.0007 0.1648 78.1695 0.001 0.0867
Real Estate 50735.0 0.8371 -4.8507 0.0009 0.3743 -31.3779 0.0006 0.4772
Technology 1475340.5 0.1926 -6382.6724 0.0 0.6740 -48219.1594 0.0 0.6738
Utilities 4276.0 0.7215 2.5421 0.0003 0.7545 20.7978 0.0002 0.7981