Research Article

Executive Stock Ownership and Enterprise Digital Transformation: Interest Convergence or Trench Defense

Table 1

Results of descriptive statistical analysis.

VariablesNMeanp50SDMinMax

DITL235941.1240.6931.2700.0006.148
MS235940.0880.0040.1500.0000.587
SIZE2359421.90421.7441.17517.64127.547
LEV235940.3900.3790.1990.0071.957
ROA235940.0470.0450.076-1.1250.969
CASH235940.0490.0470.074-1.9380.726
BOARD235942.1182.1970.1940.6932.890
INDEP235940.3750.3330.0550.0000.800
DUAL235940.3190.0000.4660.0001.000
LISTAGE235941.8802.0790.9420.0003.466
SOE235940.2720.0000.4450.0001.000
TOP1235940.3390.3180.1430.0240.900
BIG4235940.0440.0000.2050.0001.000