Descriptive statistics
| Variable | N | Mean | Min | Max | Std. Deviation |
|---|---|---|---|---|---|
| ZSCR | 3,505 | 1.385 | −1.320 | 3.845 | 1.289 |
| PC-SB | 3,505 | 0.131 | 0.000 | 1.000 | 0.228 |
| RGYM | 3,505 | 0.829 | 0.000 | 1.000 | 0.377 |
| BCZE | 3,505 | 7.923 | 0.000 | 30.000 | 3.413 |
| FAGE | 3,505 | 32.859 | 0.000 | 144.000 | 17.893 |
| FSIZ | 3,505 | 19.794 | 1.668 | 33.321 | 7.537 |
| LVRG | 3,505 | 1.521 | −73.434 | 2247.434 | 38.524 |
| SOE | 3,505 | 0.056 | 0.000 | 1.000 | 0.230 |
| Variable | Mean | Min | Max | Std. Deviation | |
|---|---|---|---|---|---|
| ZSCR | 3,505 | 1.385 | −1.320 | 3.845 | 1.289 |
| PC-SB | 3,505 | 0.131 | 0.000 | 1.000 | 0.228 |
| RGYM | 3,505 | 0.829 | 0.000 | 1.000 | 0.377 |
| BCZE | 3,505 | 7.923 | 0.000 | 30.000 | 3.413 |
| FAGE | 3,505 | 32.859 | 0.000 | 144.000 | 17.893 |
| FSIZ | 3,505 | 19.794 | 1.668 | 33.321 | 7.537 |
| LVRG | 3,505 | 1.521 | −73.434 | 2247.434 | 38.524 |
| SOE | 3,505 | 0.056 | 0.000 | 1.000 | 0.230 |
Note(s): This table presents a summary of descriptive of the main variables. The sample includes 3,505 firm-year observation from 2010–2022. Table 2 presents all variable definitions
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