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Table 5 Variables descriptive statistics

From: Carbon emission trading system and stock price crash risk of heavily polluting listed companies in China: based on analyst coverage mechanism

Variable name

Mean

SD

Min

Max

NCSKEW

− 0.244

0.628

− 2.150

1.366

DUVOL

− 0.168

0.458

− 1.278

0.982

TREAT

0.297

0.457

0.000

1.000

SIGMA

0.046

0.017

0.016

0.105

RET

− 0.001

0.001

− 0.006

0.000

SIZE

22.119

1.374

19.027

26.990

LEV

0.458

0.227

0.050

1.100

ROE

0.051

0.180

− 1.052

0.376

ABSDA

0.056

0.066

0.000

0.352

TURN

0.656

0.428

0.026

2.544

GENDER

0.944

0.230

0.000

1.000

DEGREE

0.851

0.356

0.000

1.000

DUAL

0.244

0.430

0.000

1.000

SALARY

42.240

11.757

21.224

79.177

INDEP

0.368

0.053

0.111

0.750

FINRISK

0.884

0.320

0.000

1.000

ABCFO

0.000

0.101

− 2.598

2.512

PPE

0.302

0.182

0.000

0.995