Table 1 Summary statistics
Variable | No. of obs. | Mean | S.D. | P25 | Median | P75 |
|---|---|---|---|---|---|---|
Syn | 9,360 | −0.284 | 0.821 | −0.809 | −0.236 | 0.305 |
Ad | 9,360 | 0.016 | 0.037 | 0.001 | 0.003 | 0.012 |
Debt | 9,360 | 0.460 | 0.209 | 0.296 | 0.459 | 0.623 |
Size | 9,360 | 22.201 | 1.198 | 21.386 | 22.067 | 22.886 |
Mb | 9,360 | 1.731 | 2.124 | 0.777 | 1.273 | 2.074 |
Turnover | 9,360 | 1.710 | 1.252 | 0.794 | 1.354 | 2.276 |
Big4 | 9,360 | 0.051 | 0.220 | 0.000 | 0.000 | 0.000 |
Age | 9,360 | 2.425 | 0.608 | 1.946 | 2.639 | 2.944 |
Roa | 9,360 | 0.039 | 0.050 | 0.013 | 0.034 | 0.063 |
Institution | 9,360 | 0.408 | 0.225 | 0.234 | 0.417 | 0.577 |
Top1 | 9,360 | 0.346 | 0.150 | 0.228 | 0.323 | 0.449 |
Msh | 9,360 | 0.767 | 0.423 | 1.000 | 1.000 | 1.000 |
Independent | 9,360 | 0.372 | 0.054 | 0.333 | 0.333 | 0.400 |