Table 1 Descriptive statistics of main variables.
From: The impact of industrial robot adoption on firm’s trade credit
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
|---|---|---|---|---|---|---|---|---|
VARIABLES | N | mean | sd | min | max | p25 | p50 | p75 |
Credit | 11,162 | 0.157 | 0.106 | 0.011 | 0.509 | 0.078 | 0.133 | 0.214 |
lnexposure | 11,162 | 2.269 | 1.886 | −7.924 | 6.399 | 1.434 | 2.468 | 3.430 |
Size | 11,162 | 22.052 | 1.148 | 19.831 | 25.390 | 21.239 | 21.910 | 22.707 |
Age | 11,162 | 2.329 | 0.638 | 0.693 | 3.296 | 1.946 | 2.398 | 2.890 |
ROA | 11,162 | 0.033 | 0.061 | −0.250 | 0.191 | 0.011 | 0.033 | 0.063 |
LEV | 11,162 | 0.050 | 0.071 | 0.000 | 0.316 | 0.000 | 0.014 | 0.078 |
Growth | 11,162 | 0.219 | 0.553 | −0.692 | 3.408 | −0.049 | 0.102 | 0.317 |
CashFlow | 11,162 | 0.042 | 0.066 | −0.154 | 0.229 | 0.005 | 0.040 | 0.081 |
SOE | 11,162 | 0.327 | 0.469 | 0.000 | 1.000 | 0.000 | 0.000 | 1.000 |
Top1 | 11,162 | 34.673 | 14.973 | 0.000 | 73.030 | 23.920 | 33.300 | 44.580 |
Inst | 11,162 | 42.669 | 23.783 | 0.361 | 88.827 | 23.517 | 44.713 | 61.458 |
Dual | 11,162 | 0.270 | 0.444 | 0.000 | 1.000 | 0.000 | 0.000 | 1.000 |
Indep | 11,162 | 37.262 | 5.267 | 33.330 | 57.140 | 33.330 | 33.330 | 42.860 |
Board | 11,162 | 2.245 | 0.167 | 1.792 | 2.708 | 2.079 | 2.303 | 2.303 |
PPE | 11,162 | 0.239 | 0.141 | 0.019 | 0.646 | 0.132 | 0.212 | 0.322 |
StaffIntensity | 11,162 | 1.494 | 1.021 | 0.139 | 5.689 | 0.773 | 1.266 | 1.935 |
MarketShare | 11,162 | 0.016 | 0.036 | 0.000 | 0.231 | 0.002 | 0.004 | 0.013 |
