Variable name

Number of samples

Mean value

Standard deviation

Minimum value

Maximum value

Median value

Independence

20,865

0.3719

0.0529

0.3077

0.5714

0.3333

Top1

20,865

0.3486

0.1499

0.0898

0.75

0.3283

Z10

20,865

1.1461

0.7099

0.2403

4.1088

0.9376

Size

20,865

21.9765

1.2783

19.1197

25.6956

21.8231

Leverage

20,865

0.4475

0.2198

0.0563

1.0884

0.4417

Growth

20,865

0.2147

0.5631

−0.675

3.936

0.117

Roa

20,865

0.0359

0.0602

−0.3151

0.1913

0.0347

Supsize

20,865

1.5128

0.2112

1.0986

2.1972

1.3863

Duality

20,865

0.2395

0.4268

0

1

0

Excuratio

20,865

0.058

0.1277

0

0.5694

0.0001

TobinQ

20,865

2.5925

1.8864

0.8392

11.3523

1.982

Firmage

20,865

2.1388

0.7739

0

3.2189

2.3026

Fcf

20,865

−0.0042

0.1193

−0.5072

0.2927

0.0145

CEO_tenture

20,865

3.4147

0.996

0

5.0434

3.4965

Retstd

20,865

0.1374

0.0627

0.0442

0.3794

0.1239

State

20,865

0.3662

0.4818

0

1

0

ST

20,865

0.0358

0.1857

0

1

0