Research Article
[Retracted] Enterprise Digital Transformation and Stock Price Crash Risk: Evidences from China
Table 1
Variable characteristics.
| Variable | Obs | Mean | Standard deviation | Min | Max |
| NCSKEW | 10986 | −0.282 | 0.748 | −5.170 | 4.166 | FDUVOL | 10986 | −0.194 | 0.501 | −3.178 | 2.287 | DCG | 10986 | 0.342 | 0.579 | 0 | 7.160 | RET | 10986 | 0.004 | 0.011 | −0.050 | 0.264 | SIGMA | 10986 | 0.064 | 0.028 | 0.014 | 0.326 | DTURN | 10986 | −0.052 | 0.411 | −3.541 | 3.972 | Tobin_Q | 10986 | 0.210 | 0.169 | 0.070 | 8.650 | BM | 10986 | 0.611 | 0.255 | 0.012 | 1.430 | SIZE | 10986 | 4.065 | 1.321 | 0.435 | 10.10 | ROA | 10986 | 0.046 | 0.061 | −0.645 | 0.675 | LEV | 10986 | 0.431 | 0.199 | 0.008 | 1.352 | AbsACC | 10986 | 0.058 | 0.083 | 0 | 2.172 |
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