Variable | Mean | Maximum | Minimum | Standard Deviation | ||||
Under “Direct Investment + Sponsor” mode | Under non-“Direct Investment + Sponsor” mode | Under “Direct Investment + Sponsor” mode | Under non-“Direct Investment + Sponsor” mode | Under “Direct Investment + Sponsor” mode | Under non-“Direct Investment + Sponsor” mode | Under “Direct Investment + Sponsor” mode | Under non-“Direct Investment+ Sponsor” mode | |
UNDERPRICE | 5.0860 | 6.0657 | 23.7600 | 39.0100 | −2.6500 | −6.9300 | 4.4064 | 4.1520 |
RETURN | 13.2009 | 16.9053 | 184.94 | 227.5500 | −12.8200 | −31.6900 | 25.2716 | 21.7618 |
UR_RP | 13.3153 | 12.6804 | 14.4430 | 14.4430 | 10.0392 | 9.5324 | 0.9865 | 1.1480 |
OCF | 0.7541 | 0.9520 | 7.5847 | 22.5427 | −3.0400 | −2.2500 | 1.1797 | 1.2816 |
PG | 0.2968 | 0.2374 | 2.4546 | 8.5856 | −0.3579 | −0.7366 | 0.4730 | 0.5465 |
LEV | 0.4126 | 0.4150 | 0.9313 | 0.9820 | 0.0623 | 0.0465 | 0.1790 | 0.1755 |
SIZE | 20.6024 | 20.5622 | 25.7737 | 27.8028 | 18.9967 | 18.7756 | 1.0446 | 1.1388 |
SOE | 0.0136 | 0.0397 | 1 | 1 | 0 | 0 | 0.1170 | 0.1953 |
VC_PE | 0.5616 | 0.6374 | 1 | 1 | 0 | 0 | 0.4996 | 0.4809 |
IND | 2.2328 | 2.2259 | 3 | 3 | 2 | 1 | 0.4255 | 0.4357 |
INDEX | 0.0015 | 0.0003 | 0.0552 | 0.0552 | −0.0161 | −0.0739 | 0.0109 | 0.0136 |
INDEX_YEAR | −0.0029 | 2.93e−06 | 0.0475 | 0.0552 | −0.0642 | −0.0762 | 0.0206 | 0.0171 |