Table 1. Descriptive statistics: mean,... | Emerald Publishing

Table 1.

Descriptive statistics: mean, median and standard deviation of payment method

Descriptive statistics (−30/+7 event window)
Acquiring firm	Cash (n = 173)		Stock (n = 8)		Mixed (n = 19)		Total (n = 200)
Acquiring firm	Mean	Median	Mean	Median	Mean	Median	Mean	Median

Market capitalization ($’m)	4,119	576	6,388	2,613	581	166	3,874	576
Market-to-book value ratio	2.88	2.27	3.42	1.88	3.21	2.79	2.93	2.27
Relative size of deal (%)	7	4	35	26	29	18	11	4
Daily return (%)	0.18	0.10	0.01	−0.07	0.27	0.33	0.10	0.11
Abnormal return (%)	1.14	−1.15	−0.11	−0.18	0.18	0.24	0.97	−0.98

Payment method	Std dev (%)		Std dev (%)		Std dev (%)		Std dev (%)
Daily return	1.04		0.96		0.69		0.20
Abnormal return	0.26		0.91		0.68		0.24

Descriptive statistics (−30/+7 event window)
Acquiring firm	Cash (n = 173)		Stock (n = 8)		Mixed (n = 19)		Total (n = 200)
Acquiring firm	Mean	Median	Mean	Median	Mean	Median	Mean	Median

Market capitalization ($’m)	4,119	576	6,388	2,613	581	166	3,874	576
Market-to-book value ratio	2.88	2.27	3.42	1.88	3.21	2.79	2.93	2.27
Relative size of deal (%)	7	4	35	26	29	18	11	4
Daily return (%)	0.18	0.10	0.01	−0.07	0.27	0.33	0.10	0.11
Abnormal return (%)	1.14	−1.15	−0.11	−0.18	0.18	0.24	0.97	−0.98

Payment method	Std dev (%)		Std dev (%)		Std dev (%)		Std dev (%)
Daily return	1.04		0.96		0.69		0.20
Abnormal return	0.26		0.91		0.68		0.24

Source:

Authors’ compilation (2023)