Relationship between Financial Asset Allocation, Leverage Ratio, and Risk-Taking of Small- and Medium-Sized Enterprises in China: Taking Environment-Related Industries as an Example

Table 2

Descriptive statistics of main variables.

Variable	Observed value	Mean	Standard deviation	Minimum value	Maximum value
Risk	38522	1.8533	1.9062	0.0020	95.6825
Lev	33195	0.4526	0.1988	0.0493	0.9422
Fin	33195	0.0497	0.0875	0.0000	0.4873
Size	36512	25.6994	0.7062	21.6354	28.6231
Age	39536	13.5326	6.2282	2.0000	32.0000
Growth	31562	0.1953	0.4169	-0.3864	2.1478
ROA	36512	9.6846	8.9695	-14.9156	44.6982
Gdp	37892	8.6167	2.1326	6.6000	14.2000
Social	37892	15.6895	30.6523	-13.9654	98.8864