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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