Matrix of correlations
| Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| (1) | 1.000 | ||||||||||
| (2) CEOdu | −0.047 | 1.000 | |||||||||
| (3) CEOedu | 0.191 | 0.034 | 1.000 | ||||||||
| (4) CEOcom | 0.352 | −0.077 | 0.179 | 1.000 | |||||||
| (5) CEOage | 0.218 | 0.141 | −0.097 | −0.018 | 1.000 | ||||||
| (6) Firmsize | 0.204 | −0.169 | −0.006 | 0.253 | 0.152 | 1.000 | |||||
| (7) Firmage | 0.114 | 0.063 | 0.084 | 0.200 | 0.061 | 0.273 | 1.000 | ||||
| (8) ROI | 0.158 | −0.026 | −0.033 | 0.309 | 0.127 | 0.274 | 0.086 | 1.000 | |||
| (9) Assetgrowth | 0.098 | −0.064 | −0.010 | 0.236 | 0.007 | 0.211 | 0.034 | 0.443 | 1.000 | ||
| (10) COVID19 | 0.008 | −0.042 | 0.012 | −0.013 | −0.028 | −0.016 | 0.076 | −0.117 | −0.098 | 1.000 | |
| (11) MarketBookValue | −0.002 | 0.008 | 0.069 | −0.031 | −0.022 | 0.025 | −0.003 | −0.034 | 0.023 | 0.071 | 1.000 |
| Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| (1) | 1.000 | ||||||||||
| (2) CEOdu | −0.047 | 1.000 | |||||||||
| (3) CEOedu | 0.191 | 0.034 | 1.000 | ||||||||
| (4) CEOcom | 0.352 | −0.077 | 0.179 | 1.000 | |||||||
| (5) CEOage | 0.218 | 0.141 | −0.097 | −0.018 | 1.000 | ||||||
| (6) Firmsize | 0.204 | −0.169 | −0.006 | 0.253 | 0.152 | 1.000 | |||||
| (7) Firmage | 0.114 | 0.063 | 0.084 | 0.200 | 0.061 | 0.273 | 1.000 | ||||
| (8) ROI | 0.158 | −0.026 | −0.033 | 0.309 | 0.127 | 0.274 | 0.086 | 1.000 | |||
| (9) Assetgrowth | 0.098 | −0.064 | −0.010 | 0.236 | 0.007 | 0.211 | 0.034 | 0.443 | 1.000 | ||
| (10) COVID19 | 0.008 | −0.042 | 0.012 | −0.013 | −0.028 | −0.016 | 0.076 | −0.117 | −0.098 | 1.000 | |
| (11) MarketBookValue | −0.002 | 0.008 | 0.069 | −0.031 | −0.022 | 0.025 | −0.003 | −0.034 | 0.023 | 0.071 | 1.000 |