Table 3 Descriptive statistics.
Variable | Mean | SE | Median | Min | Max |
|---|---|---|---|---|---|
Digital | 1.659 | 1.328 | 1.609 | 0.000 | 6.275 |
NonSOEs_Dir | 3.796 | 9.118 | 0.000 | 0.000 | 85.714 |
NonSOEs_Equ | 0.139 | 0.149 | 0.082 | 0.000 | 0.951 |
Size | 8.847 | 1.412 | 8.680 | 6.203 | 12.912 |
Age | 18.130 | 6.047 | 18.000 | 0.000 | 54.000 |
Leverage | 0.506 | 0.202 | 0.514 | 0.078 | 0.937 |
Growth | 0.087 | 0.241 | 0.037 | -0.489 | 1.083 |
ROA | 0.052 | 0.058 | 0.047 | -0.156 | 0.237 |
Indep | 0.370 | 0.058 | 0.333 | 0.000 | 0.800 |
Board | 2.207 | 0.198 | 2.197 | 0.693 | 2.890 |
Dual | 0.093 | 0.290 | 0.000 | 0.000 | 1.000 |
