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Table 1 Descriptive Statistics

From: Performance and capital structure of IPOs in Pakistan from 2000 to 2015

Panel A: All IPOs
N = 72 Mean Median Maximum Minimum Std. Dev.
I_Proceed 5.649 5.379 9.001 2.603 1.357
Risk 0.109 0.059 0.557 0.004 0.133
Ret_own 0.788 0.796 0.989 0.167 0.151
Subs 3.204 1.909 18.694 0.060 3.643
M_volt 0.049 0.015 1.114 0.006 0.159
Block 0.297 0.192 0.980 0 0.333
HHI 0.180 0.125 0.646 0.004 0.165
Panel B: Privatized Firms
N = 11 Mean Median Maximum Minimum Std. Dev.
I_Proceeds 7.495 7.465 9.001 4.700 1.306
Risk 0.120 0.072 0.540 0.021 0.149
Ret_own 0.865 0.900 0.989 0.619 0.116
Subs 2.690 2.337 7.450 0.130 2.126
M_volt 0.019 0.019 0.033 0.010 0.008
Block 0.242 0.112 0.886 0.000 0.317
HHI 0.173 0.126 0.592 0.024 0.177
Panel C: Private Firms
N = 61 Mean Median Maximum Minimum Std. Dev.
I_Proceeds 5.317 5.165 7.830 2.603 1.076
Risk 0.108 0.059 0.557 0.004 0.132
Ret_own 0.774 0.750 0.986 0.167 0.153
Subs 3.296 1.870 18.694 0.060 3.859
M_volt 0.054 0.014 1.114 0.006 0.172
Block 0.307 0.210 0.980 0.000 0.337
HHI 0.182 0.124 0.646 0.004 0.164