Descriptive statistics
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| Property, plant and equipment | 57,616 | 27834.33 | 384531.60 | 0.00 | 3.59e+07 |
| Asset | 57,616 | 115503.30 | 818344.50 | 4401.00 | 5.30e+07 |
| Cash | 57,616 | 7383.77 | 34286.58 | 0.00 | 2356780.00 |
| Equity | 57,616 | 47852.60 | 493794.40 | −1490758.00 | 3.99e+07 |
| Revenues | 57,616 | 93640.99 | 472200.10 | 8800.00 | 4.20e+07 |
| Amortization intangible assets | 57,616 | 1107.93 | 11611.45 | 0.00 | 948956.00 |
| Depreciation | 57,616 | 246.18 | 8422.59 | 0.00 | 1334132.00 |
| Receivables write-down | 57,616 | 319.25 | 4985.62 | 0.00 | 419721.00 |
| Other depreciations | 57,616 | 1176.02 | 90458.53 | 0.00 | 1.89e+07 |
| Net income | 57,616 | 3131.42 | 40420.63 | −2440222.00 | 2638403.00 |
| Cash flow | 57,616 | 876.96 | 20552.20 | −1012868.00 | 2340455.00 |
| Indicator R1 | 57,616 | 60.77 | 1997.33 | 0.00 | 279421.00 |
| Indicator R2 | 57,616 | 123.53 | 2069.45 | 0.00 | 220193.00 |
| Change in revenues | 57,616 | 4713.45 | 167576.00 | −1.18e+07 | 2.90e+07 |
| Change in receivables | 57,616 | 604.48 | 23023.54 | −1341534.00 | 2637588.00 |
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| Property, plant and equipment | 57,616 | 27834.33 | 384531.60 | 0.00 | 3.59e+07 |
| Asset | 57,616 | 115503.30 | 818344.50 | 4401.00 | 5.30e+07 |
| Cash | 57,616 | 7383.77 | 34286.58 | 0.00 | 2356780.00 |
| Equity | 57,616 | 47852.60 | 493794.40 | −1490758.00 | 3.99e+07 |
| Revenues | 57,616 | 93640.99 | 472200.10 | 8800.00 | 4.20e+07 |
| Amortization intangible assets | 57,616 | 1107.93 | 11611.45 | 0.00 | 948956.00 |
| Depreciation | 57,616 | 246.18 | 8422.59 | 0.00 | 1334132.00 |
| Receivables write-down | 57,616 | 319.25 | 4985.62 | 0.00 | 419721.00 |
| Other depreciations | 57,616 | 1176.02 | 90458.53 | 0.00 | 1.89e+07 |
| Net income | 57,616 | 3131.42 | 40420.63 | −2440222.00 | 2638403.00 |
| Cash flow | 57,616 | 876.96 | 20552.20 | −1012868.00 | 2340455.00 |
| Indicator | 57,616 | 60.77 | 1997.33 | 0.00 | 279421.00 |
| Indicator | 57,616 | 123.53 | 2069.45 | 0.00 | 220193.00 |
| Change in revenues | 57,616 | 4713.45 | 167576.00 | −1.18e+07 | 2.90e+07 |
| Change in receivables | 57,616 | 604.48 | 23023.54 | −1341534.00 | 2637588.00 |
Note(s): This table summarizes the descriptive statistics of the main variables that were downloaded from the AIDA database. These variables were used for the main analysis and the sensitivity analysis to test our hypothesis
Source(s): Table by authors