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Table 1 Descriptive statistics of variables

From: Organizational imprinting and the welfare practice of Chinese state-owned enterprises

Variables Observations Mean Standard deviation Minimum value Maximum value
Per-capita welfare investment (10,000 RMB) 1037 2.5 4.12 0 62.54
Dining hall 1026 0.83 0.3 0 1
Clinic 1030 0.24 0.43 0 1
Childcare 1027 0.06 0.24 0 1
Started as SOE 1037 0.23 0.42 0 1
Restructured 237 0.59 0.49 0 1
Started as private firm 1037 0.55 0.5 0 1
Started as joint venture 1037 0.22 0.42 0 1
Log of profit (in 10,000 RMB) 1037 11.41 0.44 0 14.78
Average wage (RMB) 1023 1281.52 642.22 400 8200
Log of number of employees 1037 5.39 1.3 0.69 11.37
Imprint duration (year) 137 21.23 16.24 0 50
Restructuring duration (year) 137 6.2 0.36 1 18
Customers’ demand for labor protection 1037 0.33 0.47 0 1
Annual frequency of government inspection 932 2.36 0.337 0 36
CEO’s political participation 1023 0.38 0.48 0 1
CEO’s education 1026 2.39 1.28 1 4
CEO’S SOE experience 1037 0.36 0.48 0 1