Table 3 Descriptive statistics Variable...

Table 3

Descriptive statistics

Variable	Mean		Std. dev	Min	Max
INVEFF	overall	−4.948	9.143	−632.018	0.000
	between		3.427	−56.928	−0.437
	within		8.476	−586.338	49.845
FRQ	overall	−0.084	0.147	−5.927	0.000
	between		0.056	−0.965	−0.009
	within		0.135	−5.484	0.873
FSIZE	overall	19.383	1.923	11.400	26.700
	between		1.857	13.408	26.562
	within		0.501	13.614	24.429
LEV	overall	0.242	0.200	0.000	1.987
	between		0.167	0.000	1.283
	within		0.110	−0.583	1.549
FAGE	overall	34.196	17.789	1.079	158.000
	between		17.791	1.079	158.000
	within		0.000	34.196	34.196
TANG	overall	0.305	0.212	0.000	0.996
	between		0.193	0.000	0.969
	within		0.088	−0.379	1.074
FSLACK	overall	0.145	0.144	−0.139	1.000
	between		0.114	0.001	0.848
	within		0.088	−0.574	0.948
PROF	overall	0.032	0.140	−7.209	12.686
	between		0.068	−1.151	1.122
	within		0.122	−6.633	11.595

Variable	Mean		Std. dev	Min	Max
INVEFF	overall	−4.948	9.143	−632.018	0.000
	between		3.427	−56.928	−0.437
	within		8.476	−586.338	49.845
FRQ	overall	−0.084	0.147	−5.927	0.000
	between		0.056	−0.965	−0.009
	within		0.135	−5.484	0.873
FSIZE	overall	19.383	1.923	11.400	26.700
	between		1.857	13.408	26.562
	within		0.501	13.614	24.429
LEV	overall	0.242	0.200	0.000	1.987
	between		0.167	0.000	1.283
	within		0.110	−0.583	1.549
FAGE	overall	34.196	17.789	1.079	158.000
	between		17.791	1.079	158.000
	within		0.000	34.196	34.196
TANG	overall	0.305	0.212	0.000	0.996
	between		0.193	0.000	0.969
	within		0.088	−0.379	1.074
FSLACK	overall	0.145	0.144	−0.139	1.000
	between		0.114	0.001	0.848
	within		0.088	−0.574	0.948
PROF	overall	0.032	0.140	−7.209	12.686
	between		0.068	−1.151	1.122
	within		0.122	−6.633	11.595

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