Table 2 Descriptive statistics.
From: CSR decoupling and stock price crash risk: Evidence from China
Variable | N | Mean | Std. dev. | Min | p25 | Median | p75 | Max |
|---|---|---|---|---|---|---|---|---|
NCSKEWt+1 | 5297 | −0.358 | 0.714 | −2.595 | −0.737 | −0.296 | 0.0745 | 1.535 |
DUVOLt+1 | 5297 | −0.239 | 0.478 | −1.441 | −0.545 | −0.233 | 0.0752 | 0.980 |
CSR_GAPt | 5297 | −0.881 | 1.507 | −4.806 | −1.877 | −0.818 | 0.147 | 2.814 |
Sigmat | 5297 | 0.0564 | 0.0226 | 0.0140 | 0.0416 | 0.0517 | 0.0652 | 0.203 |
Rett | 5297 | 0.0018 | 0.0083 | −0.032 | −0.0039 | 0.0011 | 0.0068 | 0.0486 |
Levt | 5297 | 0.495 | 0.192 | 0.0445 | 0.356 | 0.507 | 0.643 | 0.925 |
Sizet | 5297 | 23.20 | 1.331 | 19.76 | 22.20 | 23.09 | 24.08 | 26.40 |
BMt | 5297 | 1.535 | 1.474 | 0.0514 | 0.556 | 1.026 | 1.980 | 8.232 |
ROAt | 5297 | 0.0456 | 0.0546 | −0.398 | 0.0164 | 0.0372 | 0.0687 | 0.228 |
Opaquet | 5297 | 0.0720 | 0.0717 | 0.00290 | 0.0343 | 0.0559 | 0.0872 | 1.107 |
Dturnt | 5297 | −0.0417 | 0.274 | −1.906 | −0.161 | −0.0220 | 0.0766 | 1.291 |
Overseast | 5297 | 0.2254 | 0.4179 | 0 | 0 | 0 | 0 | 1 |
Academict | 5297 | 0.3470 | 0.4761 | 0 | 0 | 0 | 1 | 1 |
Mediat | 5297 | 28.4811 | 30.4897 | 1 | 6 | 18 | 41 | 253 |
INSTt | 5297 | 0.5179 | 0.2162 | 0.0002 | 0.3768 | 0.5434 | 0.6838 | 0.8867 |
Markett | 5297 | 7.2793 | 1.5504 | −0.23 | 6.39 | 7.4 | 8.18 | 10 |
Lawt | 5297 | 0.3697 | 0.6506 | −1.151 | 0.05 | 0.291 | 0.5 | 5.079 |
