Table 3 Descriptive statistics for... | Emerald Publishing

Table 3

Descriptive statistics for nonrestating firms (control firms)

Period	Symbol	N	Min	Max	Mean	Std. Deviation	Range
t−1	LEV	301	0.03	2.36	0.66	0.29	2.32
	LIT	98	0.00	0.30	0.02	0.04	0.30
	MTB	284	−56.54	25.65	1.60	4.37	82.19
	NI	301	−0.72	0.51	0.10	0.14	1.23
	RET	273	−79.52	833.95	23.24	73.51	913.47
	SIZE	301	10.38	13.96	11.80	0.66	3.58
T	LEV	301	0.01	3.29	0.68	0.39	3.28
	LIT	130	0.00	6.62	0.07	0.058	6.62
	MTB	286	−21.29	56.82	2.02	4.13	78.11
	NI	301	−0.61	0.63	0.09	0.16	1.24
	RET	276	−58.23	734.14	41.79	101.82	792.37
	SIZE	301	10.38	14.04	11.85	0.67	3.66

Period	Symbol	N	Min	Max	Mean	Std. Deviation	Range
t−1	LEV	301	0.03	2.36	0.66	0.29	2.32
	LIT	98	0.00	0.30	0.02	0.04	0.30
	MTB	284	−56.54	25.65	1.60	4.37	82.19
	NI	301	−0.72	0.51	0.10	0.14	1.23
	RET	273	−79.52	833.95	23.24	73.51	913.47
	SIZE	301	10.38	13.96	11.80	0.66	3.58
T	LEV	301	0.01	3.29	0.68	0.39	3.28
	LIT	130	0.00	6.62	0.07	0.058	6.62
	MTB	286	−21.29	56.82	2.02	4.13	78.11
	NI	301	−0.61	0.63	0.09	0.16	1.24
	RET	276	−58.23	734.14	41.79	101.82	792.37
	SIZE	301	10.38	14.04	11.85	0.67	3.66