Table 3 Correlation matrix TobinsQ PIA... | Emerald Publishing

Table 3

Correlation matrix

	TobinsQ	PIA	PGW	SIZE	CR	SGR	Z-score	LEV	ROA	GFC	CoC
TobinsQ	1.00
PIA	0.15	1.00
PGW	0.06	0.80	1.00
SIZE	−0.12	0.11	0.07	1.00
CR	0.23	−0.13	−0.10	−0.18	1.00
SGR	0.08	0.01	−0.03	0.06	0.07	1.00
Z-score	0.44	0.01	0.02	−0.18	0.59	0.11	1.00
LEV	−0.10	−0.02	0.00	0.07	−0.10	−0.11	−0.14	1.00
ROA	0.41	0.08	0.08	0.09	0.21	0.24	0.57	−0.12	1.00
GFC	−0.02	−0.01	−0.01	−0.04	−0.03	−0.05	0.00	0.02	0.00	1.00
CoC	0.01	0.06	0.01	0.05	−0.01	−0.05	−0.20	0.03	−0.24	−0.13	1.00

	TobinsQ	PIA	PGW	SIZE	CR	SGR	Z-score	LEV	ROA	GFC	CoC
TobinsQ	1.00
PIA	0.15	1.00
PGW	0.06	0.80	1.00
SIZE	−0.12	0.11	0.07	1.00
CR	0.23	−0.13	−0.10	−0.18	1.00
SGR	0.08	0.01	−0.03	0.06	0.07	1.00
Z-score	0.44	0.01	0.02	−0.18	0.59	0.11	1.00
LEV	−0.10	−0.02	0.00	0.07	−0.10	−0.11	−0.14	1.00
ROA	0.41	0.08	0.08	0.09	0.21	0.24	0.57	−0.12	1.00
GFC	−0.02	−0.01	−0.01	−0.04	−0.03	−0.05	0.00	0.02	0.00	1.00
CoC	0.01	0.06	0.01	0.05	−0.01	−0.05	−0.20	0.03	−0.24	−0.13	1.00

Source(s): Own elaboration