Variable | N | Mean | Std. Dev | Min | Max |
inv_eff | 13,942 | 0.000 | 0.070 | -0.314 | 0.449 |
over_inv | 5244 | 0.059 | 0.076 | 0.000 | 0.449 |
under_inv | 8698 | 0.036 | 0.033 | 0.000 | 0.314 |
distort 1 | 13,940 | 0.922 | 0.405 | 0.060 | 2.223 |
distort 2 | 13,940 | 1.093 | 0.521 | 0.057 | 2.888 |
distort 3 | 13,905 | 2.803 | 6.164 | 0.045 | 47.510 |
distort 4 | 13,931 | 0.532 | 0.229 | 0.043 | 0.979 |
SOE | 13,942 | 0.458 | 0.498 | 0.000 | 1.000 |
FCF | 5720 | 0.065 | 0.066 | 0.000 | 0.373 |
SCF | 8222 | 0.073 | 0.068 | 0.000 | 0.502 |
cash | 13,941 | 0.175 | 0.126 | 0.008 | 0.671 |
ROA | 13,942 | 0.060 | 0.067 | -0.184 | 0.297 |
growth | 13,942 | 0.131 | 0.336 | -0.620 | 1.778 |
Ret | 13,938 | 0.309 | 0.723 | -0.737 | 3.756 |
top1 | 13,942 | 0.356 | 0.153 | 0.088 | 0.753 |
top9_1 | 13,942 | 0.754 | 0.698 | 0.033 | 3.552 |
tpay | 13,942 | 14.018 | 0.899 | 0.000 | 15.921 |
ind | 13,942 | 4.875 | 3.318 | 1.000 | 17.000 |
region | 13,942 | 14.673 | 9.855 | 1.000 | 31.000 |