Managerial Ownership and Stock Price Volatility: The Moderating Role of Corporate Transparency in China

Table 1

Stock price volatility over the sample period from 2016 to 2020.

Time trend of stock volatility
Year	Obs	Mean	Median	Min	Max
2016	556	0.1277146	0.1274245	0	0.5604639
2017	557	0.0789653	0.0738041	0	0.3726585
2018	558	0.0877233	0.0826692	0	0.3576196
2019	558	0.0877233	0.0826692	0	0.3576196
2020	558	0.0970161	0.0830745	0	0.7017554
Total	2787