| VarName | Obs | Mean | SD | Min | Median | Max |
| rd | 12714 | 15.484 | 6.308 | 0.000 | 17.629 | 24.104 |
| did | 12714 | 0.518 | 0.500 | 0.000 | 1.000 | 1.000 |
| treat | 12714 | 0.951 | 0.216 | 0.000 | 1.000 | 1.000 |
| post | 12714 | 0.518 | 0.500 | 0.000 | 1.000 | 1.000 |
| size | 12714 | 22.139 | 1.324 | 19.826 | 21.933 | 26.376 |
| lev | 12714 | 0.413 | 0.209 | 0.049 | 0.402 | 0.894 |
| cashflow | 12714 | 0.045 | 0.070 | −0.161 | 0.044 | 0.243 |
| roe | 12714 | 0.069 | 0.135 | −0.659 | 0.079 | 0.380 |
| growth | 12714 | 0.147 | 0.309 | −0.547 | 0.111 | 1.498 |
| tobinq | 12714 | 2.641 | 1.909 | 0.848 | 2.034 | 11.479 |