Table 2 Correlation coefficients... | Emerald Publishing

Table 2

Correlation coefficients

Variable	ROA	Size	Grow	Asset	Age	Lev	Gender	Labour	DT	R&D
ROA	1.0000
Size	0.1175	1.0000
Grow	0.1571	0.0836	1.0000
Asset	−0.0233	0.1229	−0.1055	1.0000
Age	0.1261	0.1125	0.0285	0.0501	1.0000
Lev	−0.1473	0.0271	0.0456	−0.1609	0.0023	1.0000
Gender	−0.0776	−0.1860	0.0503	0.1720	0.0094	0.1071	1.0000
Labour	0.2574	0.7990	0.0172	0.1132	0.2280	0.0833	−0.2569	1.0000
DT	0.0471	−0.0863	−0.0582	−0.1004	−0.1230	0.1927	0.1430	−0.0785	1.0000
R&D	0.0206	0.0640	0.0270	−0.2093	−0.0193	−0.0911	−0.1270	0.0771	−0.3755	1.0000

Variable	ROA	Size	Grow	Asset	Age	Lev	Gender	Labour	DT	R&D
ROA	1.0000
Size	0.1175	1.0000
Grow	0.1571	0.0836	1.0000
Asset	−0.0233	0.1229	−0.1055	1.0000
Age	0.1261	0.1125	0.0285	0.0501	1.0000
Lev	−0.1473	0.0271	0.0456	−0.1609	0.0023	1.0000
Gender	−0.0776	−0.1860	0.0503	0.1720	0.0094	0.1071	1.0000
Labour	0.2574	0.7990	0.0172	0.1132	0.2280	0.0833	−0.2569	1.0000
DT	0.0471	−0.0863	−0.0582	−0.1004	−0.1230	0.1927	0.1430	−0.0785	1.0000
R&D	0.0206	0.0640	0.0270	−0.2093	−0.0193	−0.0911	−0.1270	0.0771	−0.3755	1.0000

Source(s): Authors’ own work