Research Article
The Relations between QFII Holdings and Company Performance: Evidence from China’s A-Share Listed Companies
Table 3
Statistical descriptions.
| | 2010 | 2011 | 2012 | | QFII invested companies | A-share listed companies | QFII invested companies | A-share listed companies | QFII invested companies | A-share listed companies |
| ROA | 4.86 | 2.26 | 5.08 | 2.16 | 3.30 | 1.87 | ROE | 18.10 | 16.28 | 16.01 | 15.25 | 17.13 | 13.32 | Tobin_Q | 2.15 | 2.09 | 1.61 | 1.62 | 1.45 | 1.47 | Tat | 0.68 | 0.23 | 0.70 | 0.24 | 0.67 | 0.22 | Sal | 50.97 | 33.86 | 41.40 | 20.81 | 148.74 | 7.67 | Lev | 48.82 | 85.59 | 50.04 | 85.64 | 50.33 | 85.80 | Share | 21.86 | 55.79 | 26.42 | 47.63 | 28.51 | 44.82 | Size | 11.73 | 3.54 | 13.79 | 4.19 | 15.50 | 4.83 |
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Source: GTA database.
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