Table 3 Descriptive statistics
From: IFRS adoption and the readability of corporate annual reports: evidence from an emerging market
Variable | Observations (company/year) | Minimum | Maximum | Mean | Std. deviation |
|---|---|---|---|---|---|
Pre-IFRS | Â | Â | Â | Â | Â |
READpages | 201 | 27 | 67 | 39 | 13 |
READmega | 201 | 434 | 1820 | 1030 | 532 |
READlix | 201 | 39.3 | 63.1 | 46.7 | 4.4 |
Post-IFRS | Â | Â | Â | Â | Â |
READpages | 201 | 42 | 109 | 66 | 17 |
READmega | 201 | 699 | 4040 | 2313 | 687 |
READlix | 201 | 46.8 | 71.2 | 57.6 | 6.3 |
Control variables | Â | Â | Â | Â | |
SIZE | 402 | 14.71 | 26.43 | 19.62 | 4.356 |
PROF | 402 |  − 0.29 | 0.43 | 0.24 | 0.127 |
LVR | 402 | 0.17 | 0.41 | 0.28 | 0.109 |