Specifications

# obs.

Mean

Median

Maximum

Minimum

Std. dev.

Panel A: Client firm characteristics

Sales ($ millions)

216

15,617.00

7522.36

168,920.00

0.13

22,542.43

MVE ($ millions)

216

19,999.97

5622.63

229,918.03

2.75

34,878.21

Contract size per year/CGS

88

0.04

0.01

1.10

0.01

0.11

Contract size per year/MVE

75

0.03

0.02

0.89

0.01

0.09

Panel B: Vendor characteristics

Sales ($ millions)

216

15,962.15

3062.13

88,346.00

0.02

26,212.35

MVE ($ millions)

216

24,211.56

4573.13

208,433.55

2.84

47,266.43

Contract size per year/sales

88

46.07

0.02

2425.56

0.01

320.98

Contract size per year/MVE

75

0.12

0.02

2.24

0.01

0.44

Panel C: Deal characteristics

Contract years

216

6.09

5.00

11.00

1.00

2.65

Contract value ($ millions)

216

889.67

165.00

30,000.00

1.15

2561.58

Contract value per year ($ millions)

216

121.52

29.13

6000.00

0.50

515.72