Table 5 Correlation matrix and variance... | Emerald Publishing

Table 5

Correlation matrix and variance inflation factors

Variable	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)	(14)	(15)	(16)	(17)
(1) Gender	1.000
(2) Factime	−0.026***	1.000
(3) Tenure	−0.151***	0.374***	1.000
(4) Committees	0.060***	0.099***	0.025***	1.000
(5) CEO	−0.122***	0.046***	0.068***	−0.213***	1.000
(6) Chairperson	−0.109***	0.065***	0.190***	−0.138***	0.239***	1.000
(7) PhD	0.045***	0.026***	0.051***	0.038***	−0.059***	0.019*	1.000
(8) Relationships	0.092***	0.093***	−0.021**	0.142***	−0.082***	0.005	0.035***	1.000
(9) Board_Size	0.025***	0.083***	0.119***	0.008	−0.058***	−0.108***	0.088***	0.124***	1.000
(10) Board_Own	−0.043***	0.039***	0.076***	−0.028***	0.007	0.027***	−0.014	−0.089***	−0.207***	1.000
(11) NCC_Indep	0.055***	0.071***	−0.017*	0.004	0.032***	0.009	0.012	0.083***	−0.057***	−0.097***	1.000
(12) NCC_Women	0.175***	−0.039***	0.009	0.022**	−0.006	−0.021**	0.027***	0.089***	0.145***	−0.121***	0.044***	1.000
(13) GRP_Index	0.007	0.006	0.006	0.056***	0.008	−0.005	0.024**	0.042***	0.030***	−0.048***	−0.003	0.011	1.000
(14) CEO_duality	0.001	−0.013	0.028***	−0.004	0.092***	0.014	0.013	−0.039***	−0.037***	0.008	0.137***	−0.007	−0.040***	1.000
(15) Firm_Size	0.051***	0.024**	0.074***	0.052***	−0.012	−0.066***	0.079***	0.162***	0.551***	−0.224***	0.111***	0.167***	0.149***	0.095***	1.000
(16) Leverage	−0.004	−0.068***	−0.091***	0.003	0.029***	0.013	−0.023**	−0.023**	−0.062***	−0.073***	−0.027***	0.032***	0.022**	0.089***	0.031***	1.000
(17) Performance	0.012	0.080***	0.072***	0.002	−0.031***	−0.021**	0.031***	0.048***	0.109***	0.053***	0.006	−0.007	0.003	−0.047***	0.098***	−0.345***	1.000
VIF	1.09	1.21	1.27	1.10	1.13	1.13	1.02	1.08	1.58	1.11	1.08	1.08	1.04	1.06	1.62	1.17	1.16

Variable	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)	(14)	(15)	(16)	(17)
(1) Gender	1.000
(2) Factime	−0.026***	1.000
(3) Tenure	−0.151***	0.374***	1.000
(4) Committees	0.060***	0.099***	0.025***	1.000
(5) CEO	−0.122***	0.046***	0.068***	−0.213***	1.000
(6) Chairperson	−0.109***	0.065***	0.190***	−0.138***	0.239***	1.000
(7) PhD	0.045***	0.026***	0.051***	0.038***	−0.059***	0.019*	1.000
(8) Relationships	0.092***	0.093***	−0.021**	0.142***	−0.082***	0.005	0.035***	1.000
(9) Board_Size	0.025***	0.083***	0.119***	0.008	−0.058***	−0.108***	0.088***	0.124***	1.000
(10) Board_Own	−0.043***	0.039***	0.076***	−0.028***	0.007	0.027***	−0.014	−0.089***	−0.207***	1.000
(11) NCC_Indep	0.055***	0.071***	−0.017*	0.004	0.032***	0.009	0.012	0.083***	−0.057***	−0.097***	1.000
(12) NCC_Women	0.175***	−0.039***	0.009	0.022**	−0.006	−0.021**	0.027***	0.089***	0.145***	−0.121***	0.044***	1.000
(13) GRP_Index	0.007	0.006	0.006	0.056***	0.008	−0.005	0.024**	0.042***	0.030***	−0.048***	−0.003	0.011	1.000
(14) CEO_duality	0.001	−0.013	0.028***	−0.004	0.092***	0.014	0.013	−0.039***	−0.037***	0.008	0.137***	−0.007	−0.040***	1.000
(15) Firm_Size	0.051***	0.024**	0.074***	0.052***	−0.012	−0.066***	0.079***	0.162***	0.551***	−0.224***	0.111***	0.167***	0.149***	0.095***	1.000
(16) Leverage	−0.004	−0.068***	−0.091***	0.003	0.029***	0.013	−0.023**	−0.023**	−0.062***	−0.073***	−0.027***	0.032***	0.022**	0.089***	0.031***	1.000
(17) Performance	0.012	0.080***	0.072***	0.002	−0.031***	−0.021**	0.031***	0.048***	0.109***	0.053***	0.006	−0.007	0.003	−0.047***	0.098***	−0.345***	1.000
VIF	1.09	1.21	1.27	1.10	1.13	1.13	1.02	1.08	1.58	1.11	1.08	1.08	1.04	1.06	1.62	1.17	1.16

Note(s):

*Significant at 10%. **Significant at 5%. ***Significant at 1%

Source(s): Authors’ own work