| VarName | Obs | Mean | SD | Min | P25 | Median | P75 | Max |
| CapD | 31,327 | 0.285 | 0.451 | 0.000 | 0.000 | 0.000 | 1.000 | 1.000 |
| CapA | 31,327 | 0.154 | 0.361 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| Academic | 31,327 | 0.385 | 0.487 | 0.000 | 0.000 | 0.000 | 1.000 | 1.000 |
| AcadmcRT | 31,327 | 0.094 | 0.143 | 0.000 | 0.000 | 0.000 | 0.167 | 0.600 |
| SIZE | 31,327 | 22.066 | 1.288 | 19.803 | 21.134 | 21.862 | 22.777 | 26.168 |
| LEV | 31,327 | 0.399 | 0.201 | 0.049 | 0.236 | 0.387 | 0.544 | 0.893 |
| RDI | 31,327 | 0.047 | 0.049 | 0.000 | 0.017 | 0.036 | 0.056 | 0.281 |
| BIG4 | 31,327 | 0.056 | 0.231 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 |
| ROE | 31,327 | 0.064 | 0.131 | −0.698 | 0.033 | 0.074 | 0.117 | 0.362 |
| SOE | 31,327 | 0.307 | 0.461 | 0.000 | 0.000 | 0.000 | 1.000 | 1.000 |
| BOARD | 31,327 | 2.266 | 0.249 | 1.609 | 2.197 | 2.197 | 2.398 | 2.890 |
| AGE | 31,327 | 17.475 | 6.019 | 4.000 | 13.000 | 17.000 | 21.000 | 33.000 |
| GROWTH | 31,327 | 0.177 | 0.358 | −0.480 | −0.008 | 0.121 | 0.282 | 2.114 |
| CFO | 31,327 | 0.050 | 0.067 | −0.143 | 0.011 | 0.048 | 0.089 | 0.248 |