Table 2.

Variable correlation across the Ghana and India samples

Constructs123456789101112
1. Size1−0.045−0.359**−0.087−0.139−0.0310.261**−0.1010.1030.074−0.261**0.238**
2. Age0.327**10.1400.030−0.0220.079−0.1620.202**0.0620.0640.1290.048
3. Service type0.0520.05910.0070.303**0.239**0.1390.162*−0.0100.1370.0890.037
4. Involvement capability0.256**0.0860.151*10.1430.1060.312**0.312**0.280**0.0090.196**0.273**
5. Customer demand0.289**0.0050.0840.278**10.346**0.292**0.325**0.198**0.1220.0360.140
6. Competitor intensity0.0960.135−0.0920.1290.251**10.332**0.293**0.1470.288**0.179*0.331**
7. Competitiveness0.310**−0.0900.273**0.305**0.328**0.04110.735**0.774**0.581**0.426**0.445**
8. Competitive advantage0.301**0.0610.307**0.322**0.273**0.0430.894**10.523**0.0750.171*0.193**
9. Adaptation0.256**0.0310.273**0.298**0.409**0.0310.917**0.797**10.1220.187*0.238**
10. Financial Performance0.254**0.1130.250**0.280**0.346**−0.0220.860**0.714**0.722**10.536**0.517**
11. Non-Financial Performance0.215**−0.0080.245**0.275**0.317**−0.0810.828**0.732**0.769**0.819**10.515**
12. Market Performance0.217**0.0570.277**0.368**0.249**0.0810.606**0.641**0.516**0.593**0.599**1
Notes:

Correlations for the Ghana sample appear in the lower-left half of the matrix. Correlation is significant at the 0.01** and 0.05* level (two-tailed)

Source: Author’s own work

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