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.

SamplesMeanMedianMin.Max.Std.

2007−0.6395−0.8345−3.08004.81441.0288
20080.80060.7493−3.37974.70131.1144
2009−0.6905−0.6934−4.51963.10670.8605
2010−0.02060.0145−3.53605.00020.8119
20110.55000.5820−3.04454.36910.7837