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Table 1 Univariate statistics

From: The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence

Panel A: Summary statistics
   SIZE_IPO ROA_IPO LEV_IPO
No. of obs. Mean Median Mean Median Mean Median
Full sample 1218 20.100 19.993 0.207 0.176 0.046 0.000
With foreign residency 171 20.160 19.980 0.226 0.194 0.034 0.000
Without foreign residency 1047 20.090 19.995 0.204 0.172 0.048 0.000
Panel B: Distribution by year of IPO firms
Year Full sample With foreign residency Without foreign residency
2006 33 2 31
2007 69 7 62
2008 57 3 54
2009 88 13 75
2010 288 36 252
2011 257 33 224
2012 126 25 101
2013 1 0 1
2014 106 14 92
2015 193 38 155
Total 1218 171 1047
Panel C: Distribution of residential countries/regions
  Frequency
Hong Kong, China 50
Canada 39
United States 19
Taiwan, China 18
Australia 18
Singapore 14
New Zealand 6
Philippines 5
Macao, China 3
Gambia 3
Germany 2
Japan 2
Guinea Bissau 2
France 1
Argentina 1
Italy 1
United Kingdom 1
Unknown 4
Panel D: Top 10 provinces/municipalities ranked based on number of IPO firms
Province Full sample With foreign residency Without foreign residency
Guangdong 253 50 203
Zhejiang 189 29 160
Jiangsu 163 19 144
Beijing 117 10 107
Shandong 73 2 71
Shanghai 73 26 47
Fujian 48 15 33
Sichuan 38 3 35
Anhui 34 2 32
Hunan 33 3 30
Other provinces 197 12 185
Total 1218 171 1047
  1. This table provides summary statistics for our treated sample of entrepreneurs with foreign residency rights and their control sample of entrepreneurs without foreign residency rights. The sample includes 1218 non-state IPO firms for the period 2006 to 2015. Panel A provides summary statistics for the comparison variables. Panel B reports the yearly distribution of IPO firms. Panel C reports the distribution of target residential countries/regions. Panel D reports the top 10 provinces/ municipalities ranked based on number of IPO firms