| Weak Financing Constraints Group (N = 1631) | Strong Financing Constraints Group (N = 799) | Mean T test | ||||
Mean | Median | Std. Dev. | Mean | Median | Std. Dev. | T value | |
RD | 0.0556 | 0.0417 | 0.0514 | 0.0336 | 0.0286 | 0.0253 | 11.435*** |
SIZE | 21.043 | 21.058 | 0.5274 | 22.898 | 22.621 | 1.0136 | −59.318*** |
LEV | 0.2816 | 0.2509 | 0.1782 | 0.4795 | 0.4887 | 0.1816 | −25.557*** |
TBQ | 0.0629 | 0.0592 | 0.0526 | 0.0621 | 0.0511 | 0.0599 | 0.4069 |
ROA | 2.9792 | 2.3744 | 0.0599 | 1.7137 | 1.3054 | 1.4944 | 14.067*** |
SHARE | 0.3279 | 0.3092 | 0.1287 | 0.3707 | 0.355 | 0.1569 | −7.143*** |
DUA | 0.4101 | 0 | 0.4921 | 0.2152 | 0 | 0.4112 | 9.6648*** |