Table 6

 Descriptive statistics

 MeanSDMinMax
ln_sales8.7934.5180.00023.154
ln_profit2.7048.004−18.28320.668
ln_intangible assets8.8183.6080.00022.663
ln_fixed assets9.0143.7060.00021.810
ln_number of employees0.5390.9800.00011.472
ln_liabilities6.8233.9490.00018.504
Mix syndication0.0000.0090.0001.000
PVC0.0000.0120.0001.000
ln_age1.6250.9640.0003.584
ln_assets10.2432.5270.00022.875
North0.4550.4980.0001.000
Finance and insurance0.0310.1720.0001.000
ICT0.0440.2040.0001.000
Liberal professions0.1290.3350.0001.000
Manufacturing0.0610.2400.0001.000
Other services0.1060.3080.0001.000
Wholesale0.1710.3770.0001.000

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