Research Article

Analysis of the Impact of Ecological Governance Capacity on the Enterprise Capital Configuration Efficiency: Mediating Effects Based on Social Responsibility

Table 3

Descriptive statistics.

Variable nameVariables’ abbreviationNumber of observationsAvgStdMinMax

Corporate capital allocation efficiencyINV5,950 (PCS)0.03970.05271.20e − 051.638
Ecological governance capacitySZ5,950 (PCS)0.6710.01550.6500.690
Corporate social responsibilityCSR5,950 (PCS)0.3140.202−0.1320.909
Tobin QQ5,950 (PCS)1.6701.6160.089331.42
Enterprise sizeSIZE5,950 (PCS)22.671.35419.3128.51
Cash flowCASH5,950 (PCS)2.338e + 08 (CNY)5.101e + 09 (CNY)−8.010e + 10 (CNY)1.000e + 11 (CNY)
Gearing ratioLEV5,950 (PCS)0.4800.1990.007080.956
Number of years on the marketAGE5,950 (PCS)13.30 (years)5.390 (years)2 (years)27 (years)

INV, SZ, CRS, Q, SIZE, and LEV have no unit of measure.