Table 1 Summary statistics
From: Bank loan information and information asymmetry in the stock market: evidence from China
Variables | Mean | SD | Min | Median | Max | Obs. |
|---|---|---|---|---|---|---|
Dependent variable | ||||||
PIN | 0.16 | 0.09 | 0.00 | 0.14 | 0.54 | 43,525 |
Positive loan information | ||||||
Loan | 0.65 | 0.48 | 0.00 | 1.00 | 1.00 | 43,525 |
Loan size (million) | 492.33 | 1532.00 | 0.00 | 93.00 | 27,212.16 | 43,525 |
Tbank | 0.46 | 0.50 | 0.00 | 0.00 | 1.00 | 43,525 |
Loan default | ||||||
OL | 0.03 | 0.18 | 0.00 | 0.00 | 1.00 | 26,893 |
OL rate | 0.02 | 0.12 | 0.00 | 0.00 | 1.00 | 26,893 |
OL Tbank | 0.01 | 0.10 | 0.00 | 0.00 | 1.00 | 26,893 |
OL Nbank | 0.03 | 0.18 | 0.00 | 0.00 | 1.00 | 26,893 |
Others | ||||||
Asset (billion) | 53.65 | 135.05 | 0.13 | 20.83 | 4322.42 | 43,525 |
ROA | 4.29 | 4.71 | \(-\)Â 6.10 | 3.15 | 22.55 | 43,525 |
BTM | 0.31 | 0.20 | 0.01 | 0.27 | 1.02 | 43,525 |
Index 300 | 7.94 | 0.18 | 7.51 | 7.91 | 8.57 | 43,525 |
TM | 0.50 | 0.50 | 0.00 | 0.00 | 1.00 | 43,525 |
ISR | 0.31 | 0.22 | 0.00 | 0.28 | 0.83 | 43,525 |
Analyst | 12.69 | 17.19 | 0.00 | 6.00 | 81 | 43,525 |
Volume (million) | 1511.94 | 1703.61 | 148.65 | 955.56 | 10,679.32 | 43,525 |
Volatility | 0.03 | 0.01 | 0.01 | 0.03 | 0.06 | 43,525 |
LAHL | 0.03 | 0.17 | 0.00 | 0.00 | 1.00 | 43,525 |