An Empirical Study on the Influence of Consolidated Financial Statement’s Amplification Effect on Audit Fees

Table 4

Descriptive statistics.

Variable	Obs	Mean	Min.	Median	Max.	Std. dev.
LNFEE	25688	13.543	12.301	13.459	15.850	0.651
MAGNIFICATION1	25688	0.067	−0.044	0.028	0.490	0.097
SIZE	25688	21.346	17.188	21.241	25.349	1.464
LEV	25688	0.441	0.050	0.437	0.999	0.211
TOBINQ	25688	2.080	0.854	1.628	10.130	1.413
DUAL	25688	0.244	0.000	0.000	1.000	0.430
INDRATIO	25688	0.372	0.308	0.333	0.571	0.053
AGE	25688	15.908	3.000	16.000	31.000	5.651
SOE	25688	0.414	0.000	0.000	1.000	0.493
TOP1	25688	35.087	8.497	33.078	74.870	15.049
BIG4	25688	0.052	0.000	0.000	1.000	0.223
DELAY	25688	4.501	3.401	4.564	4.779	0.256
REC	25688	0.112	0.000	0.087	0.462	0.102