Research Article
An Empirical Study on Listed Company’s Value of Cash Holdings: An Information Asymmetry Perspective
Table 3
Statistics of the population distribution of ASY values.
| Samples | Mean | Median | Min. | Max. | Std. |
| 2007 | −0.6395 | −0.8345 | −3.0800 | 4.8144 | 1.0288 | 2008 | 0.8006 | 0.7493 | −3.3797 | 4.7013 | 1.1144 | 2009 | −0.6905 | −0.6934 | −4.5196 | 3.1067 | 0.8605 | 2010 | −0.0206 | 0.0145 | −3.5360 | 5.0002 | 0.8119 | 2011 | 0.5500 | 0.5820 | −3.0445 | 4.3691 | 0.7837 |
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