Table 3

Correlation and VIF coefficients

Variables(1)(1a)(1b)(1c)(2)(2a)(3)(3a)(3b)(4)(5)(6)(7)VIF = 1.09
(1) SUSTAIN1.000             
(1a) ECOSUSTAIN0.902*1.000            
(0.000)             
(1b) ENVIROSUSTAIN0.862*0.636*1.000           
(0.000)(0.000)            
(1c) SOCIALSUSTAIN0.845*0.587*0.724*1.000          
(0.000)(0.000)(0.000)           
(2) STP0.041*0.040*0.029*0.035*1.000        1.05
(0.000)(0.000)(0.000)(0.000)          
(2a) STPMAT0.045*0.042*0.033*0.040*0.953*1.000        
(0.000)(0.000)(0.000)(0.000)(0.000)         
(3) SPILL0.578*0.533*0.468*0.495*0.123*0.125*1.000      1.21
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)        
(3a) MARKSPILL0.581*0.582*0.443*0.448*0.073*0.076*0.841*1.000      
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)       
(3b) SCIENSPILL0.444*0.373*0.382*0.419*0.136*0.135*0.901*0.523*1.000     
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)      
(4) ACAP0.386*0.377*0.293*0.316*0.136*0.139*0.409*0.374*0.344*1.000   1.22
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)     
(5) SIZE0.027*0.022*0.013*0.034*−0.018*−0.017*0.035*0.045*0.019*0.057*1.000  1.02
(0.000)(0.000)(0.004)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)    
(6) EXPORTS0.0070.0050.0080.006−0.001−0.0010.0080.0040.010*−0.0030.0001.000 1
(0.133)(0.275)(0.096)(0.175)(0.821)(0.829)(0.070)(0.413)(0.028)(0.409)(0.899)   
(7) INDUSTRY0.158*0.111*0.158*0.163*−0.107*−0.100*0.016*0.063*−0.025*0.150*−0.112*−0.0041.0001.05
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)(0.001)(0.000)(0.000)(0.000)(0.000)(0.307)  

Note(s): *Shows significance at p < 0.05

Source(s): Authors’ own elaboration

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