Table 4 Pearson correlation NSKEW DUVOL... | Emerald Publishing

Table 4

Pearson correlation

	NSKEW	DUVOL	GWI	PCR	TCR	ROE	ROA	NPM
DUVOL	0.112^*	1.000
DUVOL	(0.078)
GWI	0.171^***	0.002	1.000
GWI	(0.007)	(0.979)
PCR	0.114^*	−0.417^***	0.143^**	1.000
PCR	(0.074)	(0.000)	(0.025)
TCR	0.193^***	−0.421^***	0.346^***	0.739^***	1.000
TCR	(0.002)	(0.000)	(0.000)	(0.000)
ROE	−0.037	0.026	−0.046	0.048	0.076	1.000
ROE	(0.566)	(0.684)	(0.475)	(0.456)	(0.237)
ROA	0.011	−0.077	−0.039	0.020	−0.014	0.145^**	1.000
ROA	(0.866)	(0.230)	(0.540)	(0.759)	(0.831)	(0.023)
NPM	−0.069	−0.162^**	−0.037	0.054	0.024	0.028	0.260^***	1.000
NPM	(0.283)	(0.011)	(0.558)	(0.402)	(0.705)	(0.663)	(0.000)
BV	−0.077	−0.041	0.051	0.011	0.001	−0.044	0.255^***	0.087
BV	(0.227)	(0.525)	(0.427)	(0.867)	(0.986)	(0.496)	(0.000)	(0.172)

	NSKEW	DUVOL	GWI	PCR	TCR	ROE	ROA	NPM
DUVOL	0.112^*	1.000
DUVOL	(0.078)
GWI	0.171^***	0.002	1.000
GWI	(0.007)	(0.979)
PCR	0.114^*	−0.417^***	0.143^**	1.000
PCR	(0.074)	(0.000)	(0.025)
TCR	0.193^***	−0.421^***	0.346^***	0.739^***	1.000
TCR	(0.002)	(0.000)	(0.000)	(0.000)
ROE	−0.037	0.026	−0.046	0.048	0.076	1.000
ROE	(0.566)	(0.684)	(0.475)	(0.456)	(0.237)
ROA	0.011	−0.077	−0.039	0.020	−0.014	0.145^**	1.000
ROA	(0.866)	(0.230)	(0.540)	(0.759)	(0.831)	(0.023)
NPM	−0.069	−0.162^**	−0.037	0.054	0.024	0.028	0.260^***	1.000
NPM	(0.283)	(0.011)	(0.558)	(0.402)	(0.705)	(0.663)	(0.000)
BV	−0.077	−0.041	0.051	0.011	0.001	−0.044	0.255^***	0.087
BV	(0.227)	(0.525)	(0.427)	(0.867)	(0.986)	(0.496)	(0.000)	(0.172)

Note(s): ^***, ^**, ^* denotes significant at 1%, 5% and 10% level respectively

Source(s): Created by authors