Variable correlation across the Ghana and India samples
| Constructs | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Size | 1 | −0.045 | −0.359** | −0.087 | −0.139 | −0.031 | 0.261** | −0.101 | 0.103 | 0.074 | −0.261** | 0.238** |
| 2. Age | 0.327** | 1 | 0.140 | 0.030 | −0.022 | 0.079 | −0.162 | 0.202** | 0.062 | 0.064 | 0.129 | 0.048 |
| 3. Service type | 0.052 | 0.059 | 1 | 0.007 | 0.303** | 0.239** | 0.139 | 0.162* | −0.010 | 0.137 | 0.089 | 0.037 |
| 4. Involvement capability | 0.256** | 0.086 | 0.151* | 1 | 0.143 | 0.106 | 0.312** | 0.312** | 0.280** | 0.009 | 0.196** | 0.273** |
| 5. Customer demand | 0.289** | 0.005 | 0.084 | 0.278** | 1 | 0.346** | 0.292** | 0.325** | 0.198** | 0.122 | 0.036 | 0.140 |
| 6. Competitor intensity | 0.096 | 0.135 | −0.092 | 0.129 | 0.251** | 1 | 0.332** | 0.293** | 0.147 | 0.288** | 0.179* | 0.331** |
| 7. Competitiveness | 0.310** | −0.090 | 0.273** | 0.305** | 0.328** | 0.041 | 1 | 0.735** | 0.774** | 0.581** | 0.426** | 0.445** |
| 8. Competitive advantage | 0.301** | 0.061 | 0.307** | 0.322** | 0.273** | 0.043 | 0.894** | 1 | 0.523** | 0.075 | 0.171* | 0.193** |
| 9. Adaptation | 0.256** | 0.031 | 0.273** | 0.298** | 0.409** | 0.031 | 0.917** | 0.797** | 1 | 0.122 | 0.187* | 0.238** |
| 10. Financial Performance | 0.254** | 0.113 | 0.250** | 0.280** | 0.346** | −0.022 | 0.860** | 0.714** | 0.722** | 1 | 0.536** | 0.517** |
| 11. Non-Financial Performance | 0.215** | −0.008 | 0.245** | 0.275** | 0.317** | −0.081 | 0.828** | 0.732** | 0.769** | 0.819** | 1 | 0.515** |
| 12. Market Performance | 0.217** | 0.057 | 0.277** | 0.368** | 0.249** | 0.081 | 0.606** | 0.641** | 0.516** | 0.593** | 0.599** | 1 |
| Constructs | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Size | 1 | −0.045 | −0.359 | −0.087 | −0.139 | −0.031 | 0.261 | −0.101 | 0.103 | 0.074 | −0.261 | 0.238 |
| 2. Age | 0.327 | 1 | 0.140 | 0.030 | −0.022 | 0.079 | −0.162 | 0.202 | 0.062 | 0.064 | 0.129 | 0.048 |
| 3. Service type | 0.052 | 0.059 | 1 | 0.007 | 0.303 | 0.239 | 0.139 | 0.162 | −0.010 | 0.137 | 0.089 | 0.037 |
| 4. Involvement capability | 0.256 | 0.086 | 0.151 | 1 | 0.143 | 0.106 | 0.312 | 0.312 | 0.280 | 0.009 | 0.196 | 0.273 |
| 5. Customer demand | 0.289 | 0.005 | 0.084 | 0.278 | 1 | 0.346 | 0.292 | 0.325 | 0.198 | 0.122 | 0.036 | 0.140 |
| 6. Competitor intensity | 0.096 | 0.135 | −0.092 | 0.129 | 0.251 | 1 | 0.332 | 0.293 | 0.147 | 0.288 | 0.179 | 0.331 |
| 7. Competitiveness | 0.310 | −0.090 | 0.273 | 0.305 | 0.328 | 0.041 | 1 | 0.735 | 0.774 | 0.581 | 0.426 | 0.445 |
| 8. Competitive advantage | 0.301 | 0.061 | 0.307 | 0.322 | 0.273 | 0.043 | 0.894 | 1 | 0.523 | 0.075 | 0.171 | 0.193 |
| 9. Adaptation | 0.256 | 0.031 | 0.273 | 0.298 | 0.409 | 0.031 | 0.917 | 0.797 | 1 | 0.122 | 0.187 | 0.238 |
| 10. Financial Performance | 0.254 | 0.113 | 0.250 | 0.280 | 0.346 | −0.022 | 0.860 | 0.714 | 0.722 | 1 | 0.536 | 0.517 |
| 11. Non-Financial Performance | 0.215 | −0.008 | 0.245 | 0.275 | 0.317 | −0.081 | 0.828 | 0.732 | 0.769 | 0.819 | 1 | 0.515 |
| 12. Market Performance | 0.217 | 0.057 | 0.277 | 0.368 | 0.249 | 0.081 | 0.606 | 0.641 | 0.516 | 0.593 | 0.599 | 1 |
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)
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