Research of Microcosmic Affection Factors on Capital Misallocation: A Case of Chinese Listed Companies

Table 5

Distribution of companies at various values in different time.

Time	Description	Region 1	Region 2	Region 3	Region 4	Region 5	Region 6
	Number	1245	2899	1863	1197	962	14
	Proportion (%)	15.22	35.44	22.78	14.63	11.76	0.17
	Number	1107	2632	1976	1237	1203	25
	Proportion (%)	13.53	32.18	24.16	15.12	14.71	0.31
	Number	936	2249	2138	1344	1441	72
	Proportion (%)	11.44	27.49	26.14	16.43	17.62	0.88