Table II. Descriptive statistics table...

Table II.

Descriptive statistics table

Group	Variables	N	MEAN	SD	P25	P50	P75	MIN	MAX
Non-founder-CEO firms	medianeg	393	13.0051	13.2723	6	11	17	0	206
	mediapos	393	28.6514	23.8875	15	23	35	0	287
	CEOpay	393	6.99E + 05	8.42E + 05	2.75E + 05	4.74E + 05	8.11E + 05	0	7.24E + 06
	CEOtenHigh	393	0.3003	0.459	0	0	1	0	1
	Duality	393	0.1858	0.3894	0	0	0	0	1
	profit_medIn	393	0.5089	0.5006	0	1	1	0	1
	SIZE	393	21.7369	1.3093	20.9095	21.6831	22.5211	17.7569	26.8963
	LEV	393	0.4628	0.2186	0.2794	0.4539	0.639	0.0401	0.9803
	EPS	393	0.3372	0.658	0.0367	0.1958	0.4653	–2.0308	6.4342
	Ind	393	0.3745	0.0519	0.3333	0.3333	0.4286	0.25	0.6
	CurAsRa	393	0.5853	0.2219	0.4237	0.594	0.7635	0	0.9951
	TAturnover	393	0.6327	0.8119	0.2792	0.4549	0.7091	0.001	8.7869
Founder-CEO firms	medianeg	805	14.9814	19.3646	8	14	18	0	399
	mediapos	805	32.9565	29.3609	20	28	39	4	502
	CEOpay	805	6.13E + 05	5.59E + 05	3.25E + 05	4.77E + 05	7.28E + 05	7500	7.13E + 06
	CEOtenHigh	805	0.7081	0.4549	0	1	1	0	1
	Duality	805	0.4534	0.4981	0	0	1	0	1
	profit_medIn	805	0.5031	0.5003	0	1	1	0	1
	SIZE	805	21.5419	0.9574	20.8769	21.3991	22.0629	19.6869	30.6568
	LEV	805	0.3387	0.1835	0.1918	0.3183	0.4601	0.0091	0.9526
	EPS	805	0.4181	0.433	0.1513	0.3261	0.577	−1.3595	2.7806
	Ind	805	0.3771	0.0557	0.3333	0.3333	0.4286	0.25	0.625
	CurAsRa	805	0.6083	0.168	0.4918	0.6171	0.735	0	0.9902
	TAturnover	805	0.5846	0.3757	0.3735	0.5018	0.7053	0.0315	3.9334
Total	medianeg	1198	14.3331	17.6187	7	13	17	0	399
	mediapos	1198	31.5442	27.7486	18	27	38	0	502
	CEOpay	1198	6.41E + 05	6.66E + 05	3.07E + 05	4.76E + 05	7.50E + 05	0	7.24E + 06
	CEOtenHigh	1198	0.5743	0.4947	0	1	1	0	1
	Duality	1198	0.3656	0.4818	0	0	1	0	1
	profit_medIn	1198	0.505	0.5002	0	1	1	0	1
	SIZE	1198	21.6059	1.0888	20.8836	21.472	22.1702	17.7569	30.6568
	LEV	1198	0.3794	0.2041	0.2161	0.3569	0.5188	0.0091	0.9803
	EPS	1198	0.3916	0.5188	0.1027	0.2907	0.5557	−2.0308	6.4342
	Ind	1198	0.3762	0.0545	0.3333	0.3333	0.4286	0.25	0.625
	CurAsRa	1198	0.6008	0.1876	0.4669	0.6117	0.7429	0	0.9951
	TAturnover	1198	0.6004	0.5578	0.3407	0.4906	0.7061	0.001	8.7869

Group	Variables	N	MEAN	SD	P25	P50	P75	MIN	MAX
Non-founder-CEO firms	medianeg	393	13.0051	13.2723	6	11	17	0	206
	mediapos	393	28.6514	23.8875	15	23	35	0	287
	CEOpay	393	6.99E + 05	8.42E + 05	2.75E + 05	4.74E + 05	8.11E + 05	0	7.24E + 06
	CEOtenHigh	393	0.3003	0.459	0	0	1	0	1
	Duality	393	0.1858	0.3894	0	0	0	0	1
	profit_medIn	393	0.5089	0.5006	0	1	1	0	1
	SIZE	393	21.7369	1.3093	20.9095	21.6831	22.5211	17.7569	26.8963
	LEV	393	0.4628	0.2186	0.2794	0.4539	0.639	0.0401	0.9803
	EPS	393	0.3372	0.658	0.0367	0.1958	0.4653	–2.0308	6.4342
	Ind	393	0.3745	0.0519	0.3333	0.3333	0.4286	0.25	0.6
	CurAsRa	393	0.5853	0.2219	0.4237	0.594	0.7635	0	0.9951
	TAturnover	393	0.6327	0.8119	0.2792	0.4549	0.7091	0.001	8.7869
Founder-CEO firms	medianeg	805	14.9814	19.3646	8	14	18	0	399
	mediapos	805	32.9565	29.3609	20	28	39	4	502
	CEOpay	805	6.13E + 05	5.59E + 05	3.25E + 05	4.77E + 05	7.28E + 05	7500	7.13E + 06
	CEOtenHigh	805	0.7081	0.4549	0	1	1	0	1
	Duality	805	0.4534	0.4981	0	0	1	0	1
	profit_medIn	805	0.5031	0.5003	0	1	1	0	1
	SIZE	805	21.5419	0.9574	20.8769	21.3991	22.0629	19.6869	30.6568
	LEV	805	0.3387	0.1835	0.1918	0.3183	0.4601	0.0091	0.9526
	EPS	805	0.4181	0.433	0.1513	0.3261	0.577	−1.3595	2.7806
	Ind	805	0.3771	0.0557	0.3333	0.3333	0.4286	0.25	0.625
	CurAsRa	805	0.6083	0.168	0.4918	0.6171	0.735	0	0.9902
	TAturnover	805	0.5846	0.3757	0.3735	0.5018	0.7053	0.0315	3.9334
Total	medianeg	1198	14.3331	17.6187	7	13	17	0	399
	mediapos	1198	31.5442	27.7486	18	27	38	0	502
	CEOpay	1198	6.41E + 05	6.66E + 05	3.07E + 05	4.76E + 05	7.50E + 05	0	7.24E + 06
	CEOtenHigh	1198	0.5743	0.4947	0	1	1	0	1
	Duality	1198	0.3656	0.4818	0	0	1	0	1
	profit_medIn	1198	0.505	0.5002	0	1	1	0	1
	SIZE	1198	21.6059	1.0888	20.8836	21.472	22.1702	17.7569	30.6568
	LEV	1198	0.3794	0.2041	0.2161	0.3569	0.5188	0.0091	0.9803
	EPS	1198	0.3916	0.5188	0.1027	0.2907	0.5557	−2.0308	6.4342
	Ind	1198	0.3762	0.0545	0.3333	0.3333	0.4286	0.25	0.625
	CurAsRa	1198	0.6008	0.1876	0.4669	0.6117	0.7429	0	0.9951
	TAturnover	1198	0.6004	0.5578	0.3407	0.4906	0.7061	0.001	8.7869

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