| Mean | Median | Minimum | Q1 | Q3 | Maximum | |
| Dependent variables | ||||||
| TBTD | 0.032 | 0.034 | −0.513 | 0.008 | 0.066 | 0.271 |
| Perm BTD | 0.037 | 0.039 | −0.381 | 0.010 | 0.072 | 0.325 |
| Interest variables | ||||||
| Female CEO | 0.089 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Gov CEO | 0.241 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Acc CEO | 0.069 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Female CEO* Gov CEO | 0.027 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Female CEO*Acc CEO | 0.011 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Gov CEO* Acc CEO | 0.020 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Control variables |
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| SOE | 0.504 | 1.000 | 0.000 | 0.000 | 1.000 | 1.000 |
| FAM | 0.427 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| DA | 0.086 | 0.057 | 0.311 | 0.003 | 0.116 | 0.278 |
| LOSS | 0.085 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| INV | 0.170 | 0.130 | 0.000 | 0.064 | 0.218 | 0.762 |
| LI | 0.071 | 0.022 | 0.000 | 0.002 | 0.083 | 0.319 |
| FA | 0.291 | 0.251 | 0.002 | 0.129 | 0.423 | 0.820 |
| IA | 0.051 | 0.032 | 0.000 | 0.013 | 0.061 | 0.343 |
| AVL | 0.002 | 0.000 | −0.002 | 0.000 | 0.001 | 0.034 |
| TAIMP | 0.013 | 0.002 | −0.015 | 0.001 | 0.006 | 0.133 |
| EQUITY | 0.002 | 0.000 | −0.004 | 0.000 | 0.001 | 0.056 |
| EXP | 0.012 | 0.010 | 0.000 | 0.002 | 0.018 | 0.074 |
| GROA | 1.59% | 0.92% | −25.46% | −0.87% | 3.17% | 56.75% |
| LEV | 0.467 | 0.474 | 0.000 | 0.294 | 0.637 | 0.940 |
| SIZE | 14.722 | 14.575 | 11.800 | 13.900 | 15.400 | 18.600 |