Table 3 Descriptive statistics N Mean Sd... | Emerald Publishing

Table 3

Descriptive statistics

	N	Mean	Sd	Min	Max
IssueSpread	5,451	2.162	1.312	0.522	5.839
Post	5,451	0.375	0.484	0	1
Bondsize	5,451	20.667	0.681	18.951	22.227
Bondterm	5,451	1.401	0.371	0.693	2.303
Bondrate	5,451	4.544	0.672	1	5
Bondput	5,451	0.281	0.450	0	1
Bondcall	5,451	0.203	0.402	0	1
Bondsecu	5,451	0.103	0.304	0	1
Firmsize	5,451	25.316	1.401	22.480	28.191
Lev	5,451	0.629	0.13	0.246	0.858
Growth	5,451	0.185	0.333	−0.411	2.032
ROA	5,451	0.02	0.018	−0.001	0.089
Cover	5,451	−7.387	105.996	−804.788	386.645
Tangibility	5,451	0.236	0.182	−0.170	0.731
Current	5,451	1.898	1.636	0.227	13.500
Big4	5,451	0.127	0.333	0	1
SOE	5,451	0.874	0.332	0	1
Top1	5,451	82.399	25.462	16.910	100
Issuenum	5,451	2.128	1.599	1.000	10
GDPg	5,451	0.061	0.009	0.033	0.083

	N	Mean	Sd	Min	Max
IssueSpread	5,451	2.162	1.312	0.522	5.839
Post	5,451	0.375	0.484	0	1
Bondsize	5,451	20.667	0.681	18.951	22.227
Bondterm	5,451	1.401	0.371	0.693	2.303
Bondrate	5,451	4.544	0.672	1	5
Bondput	5,451	0.281	0.450	0	1
Bondcall	5,451	0.203	0.402	0	1
Bondsecu	5,451	0.103	0.304	0	1
Firmsize	5,451	25.316	1.401	22.480	28.191
Lev	5,451	0.629	0.13	0.246	0.858
Growth	5,451	0.185	0.333	−0.411	2.032
ROA	5,451	0.02	0.018	−0.001	0.089
Cover	5,451	−7.387	105.996	−804.788	386.645
Tangibility	5,451	0.236	0.182	−0.170	0.731
Current	5,451	1.898	1.636	0.227	13.500
Big4	5,451	0.127	0.333	0	1
SOE	5,451	0.874	0.332	0	1
Top1	5,451	82.399	25.462	16.910	100
Issuenum	5,451	2.128	1.599	1.000	10
GDPg	5,451	0.061	0.009	0.033	0.083

Note(s): This table reports descriptive statistics of main variables. Variable definitions are reported in Table 2