Experienced CEO and Factor Productivity Improvement: Re-Examination of Experience Trap

Table 1

Descriptive statistics of variables.

	Mean	SD	Min	Max	Skewness	Kurtosis
TFP	15.970	0.962	11.260	20.56	0.467	3.678
DCEO	0.0845	0.278	0	1	2.987	9.922
LA	0.413	0.199	0.007	1.758	0.314	2.745
CIR	12.580	0.903	4.835	17.69	−0.0327	4.209
Size	21.600	1.355	16.34	27.51	0.520	3.655
Age	17.560	5.563	2	64	1.190	8.843
Profit	0.065	0.501	−35.480	8.062	−57.300	4,021
SOE	0.355	0.479	0	1	0.605	1.366
Hitech	0.401	0.490	0	1	0.406	1.165