Table 1

Variable descriptive statistics

VariablesNMeanSDMinMax
1Acquisition13270.5610.49601
2R&D Above Industry11870.0440.580019.709
3R&D Below Industry1187−0.0370.048−0.2910
4Acquisition Experience12675.6057.108052.408
5Performance Above Aspirations8210.0560.40208.447
6Performance Below Aspirations821−0.1260.304−5.6640
7Network Centrality10768.3075.845026.959
8Sales and Admin. Above Industry10700.1070.55908.328
9Sales and Admin. Below Industry1070−0.1080.133−0.6850
10Liquidity11822.8812.7630.17444.007
11Leverage12091.0623.450−87.10371.761
12Asia13270.1500.35701
13Firm Size12468.5041.7012.44712.269
14Firm Age12521923.19668.57016682005

Note(s): SD - standard deviation

Source(s): Author's own creation/work

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