| VARIABLES | Mean | SD | Max | p50 | Min |
| SA | −3.729 | 0.220 | −3.096 | −3.717 | −4.488 |
| DIFI | 0.268 | 0.083 | 0.432 | 0.268 | 0.061 |
| DCB | 0.248 | 0.083 | 0.397 | 0.247 | 0.033 |
| DUD | 0.274 | 0.089 | 0.489 | 0.265 | 0.052 |
| DSS | 0.327 | 0.092 | 0.462 | 0.335 | 0.107 |
| Cash | 0.048 | 0.068 | 0.652 | 0.046 | −0.454 |
| Growth | 0.186 | 0.750 | 55.044 | 0.120 | −1.309 |
| Lev | 0.355 | 0.186 | 0.989 | 0.336 | 0.008 |
| ROA | 0.056 | 0.083 | 0.821 | 0.056 | −1.128 |
| Top1 | 0.318 | 0.138 | 0.852 | 0.299 | 0.029 |
| bm | 0.556 | 0.221 | 1.246 | 0.548 | 0.064 |
| opinion | 0.975 | 0.158 | 1.000 | 1.000 | 0.000 |
| board | 2.091 | 0.183 | 2.708 | 2.197 | 1.609 |
| balance3 | 1.121 | 0.845 | 4.450 | 0.898 | 0.031 |
| SLoan | 0.024 | 0.050 | 0.678 | 0.000 | 0.000 |
| LLoan | 0.087 | 0.097 | 0.752 | 0.058 | 0.000 |
| DC | 0.038 | 0.129 | 3.763 | 0.007 | −0.640 |