Research Article
The Impact of Business Strategic Orientation on Innovation-Driven Mergers and Acquisitions: An Empirical Study
Table 6
Descriptive statistics of variables.
| Variable | Observed value | Mean value | Standard deviation | Maximum | Minimum |
| Innovation | 223 | 0.3767 | 0.4856 | 1 | 0 | Strategy | 223 | 0.4574 | 0.4993 | 1 | 0 | Size | 223 | 21.7079 | 1.1592 | 24.66 | 18.63 | Leverage | 223 | 0.4401 | 0.2679 | 1.4 | 0.03 | Cashflow | 223 | 0.0418 | 0.0724 | 0.3514 | -0.1487 | CR | 223 | 4.0054 | 6.4359 | 36.5742 | 0 | IBR | 223 | 0.1655 | 0.3156 | 2.2921 | -0.9332 |
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