| Variables | N | Mean | Median | SD | Min | Max |
| EPI | 1430 | 0.62 | 0. 23 | 0. 95 | 0.01 | 3.99 |
| Manage | 1430 | 0.0556 | 0 | 0.129 | 0 | 0.652 |
| ROA | 1430 | 0.063 | 0.0542 | 0.082 | −0.154 | 0.278 |
| Growth | 1430 | 0.149 | 0.0825 | 0.367 | −0.472 | 2.486 |
| Age | 1430 | 17.75 | 18 | 4.976 | 6 | 30 |
| Levi | 1430 | 0.468 | 0.475 | 0.216 | 0.0447 | 0.955 |
| Cashflow | 1430 | 0.0639 | 0.061 | 0.0703 | −0.134 | 0.243 |
| Reg | 1430 | 0.0012 | 0.0009 | 0.0009 | 0.0001 | 0.0099 |
| SOE | 1430 | 0.519 | 1 | 0.5 | 0 | 1 |
| First | 1430 | 37.35 | 36 | 15.11 | 9.086 | 77.07 |
| Director | 1430 | 8.916 | 9 | 1.699 | 4 | 17 |
| Indep | 1430 | 0.371 | 0.333 | 0.0557 | 0.182 | 0.667 |
| Bage | 1430 | 50.13 | 50.12 | 2.709 | 40.91 | 58.4 |