Table 2 Descriptive statistics.

From: Big data and firm greenwashing: evidence from China’s national big data comprehensive pilot zone

Variables

Observations

Mean

Standard deviation

Minimum

Median

Maximum

GW

10,509

−0.0177

1.2000

−3.6927

−0.0499

3.4330

Post×Treat

10,509

0.3058

0.4608

0.0000

0.0000

1.0000

Size

10,509

23.2464

1.3254

19.5411

23.1326

27.0484

Leverage

10,509

0.4743

0.1980

0.0156

0.4867

0.8825

Growth

10,509

0.3362

0.8654

−2.0377

0.1218

5.7912

ROE

10,509

0.0772

0.1230

−0.6169

0.0821

0.3630

Cashflow

10,509

0.0613

0.0708

−0.4208

0.0580

0.2640

Liquidity

10,509

1.9455

1.8291

0.1305

1.4289

12.5305

PPE

10,509

0.2283

0.1774

0.0019

0.1846

0.7251

AGE

10,509

2.8981

0.3487

0.6931

2.9444

3.9890

Director

10,509

0.3792

0.0746

0.2000

0.3636

0.6000

Holdings

10,509

0.0471

0.1139

0.0000

0.0000

0.5509

First

10,509

0.3709

0.1613

0.0408

0.3566

0.7732