Corporate Pension Payment System under the Constraints of Cost of Capital: An Empirical Study

Table 2

Descriptive statistic of the whole samples.

Variable	Re	CP	Lev	Size	Beta	B/M	AT
Number of samples	2198	2198	2198	2198	2198	2198	2198
Mean	0.0955	15.4957	0.5025	23.4498	1.1075	1.1040	0.6096
Median	0.0924	15.7979	0.5065	23.3282	1.1116	0.9021	0.5154
Max	0.1801	20.4900	0.8732	27.2498	2.0514	5.0568	2.5683
Min	0.0512	7.9860	0.1031	20.0346	0.3528	0.1482	0.0921
25th quantile	0.0793	14.4070	0.3658	22.4150	0.9148	0.5858	0.3215
75th quantile	0.1079	16.9857	0.6544	24.3195	1.2900	1.1825	0.7445
Standard deviation	0.0234	2.3887	0.1889	1.3983	0.2979	0.8874	0.4391