Table 2. Correlation analysis Variables... | Emerald Publishing

Table 2.

Correlation analysis

Variables	1	2	3	4	5	6	7	8	9	10	11	12	13	14
DT	1
PAA	−0.055***	1
PBA	−0.232***	0.226***	1
NP	0.344***	−0.021***	−0.360***	1
MP	0.564***	−0.058***	−0.348***	0.603***	1
SIZE	0.180***	−0.159***	−0.136***	0.263***	0.167***	1
AGE	0.206***	0.000	−0.222***	0.451***	0.422***	0.173***	1
LEV	−0.065***	0.102***	0.217***	−0.023***	−0.116***	0.351***	0.122***	1
BOARD	−0.060***	−0.025***	0.044***	−0.079***	−0.119***	0.215***	−0.041***	0.115***	1
DUAL	0.085***	−0.006	−0.025***	0.008	0.056***	−0.106***	−0.068***	−0.100***	−0.145***	1
CASH	0.070***	−0.027***	−0.102***	−0.072***	0.013*	−0.216***	−0.174***	−0.389***	−0.034***	0.068***	1
AUDIT	−0.044***	0.178***	−0.001	0.009	0.003	−0.151***	0.045***	0.158***	−0.031***	0.010	−0.041***	1
OWN	−0.119***	0.023***	0.106***	−0.054***	−0.135***	0.240***	0.088***	0.227***	0.229***	−0.271***	−0.067***	−0.029***	1
SC	−0.089***	−0.063***	−0.014*	−0.089***	−0.160***	0.226***	−0.190***	0.029***	0.035***	−0.079***	0.047***	−0.091***	0.217***	1

Note(s):

N = 24,550; *p < 0.10, **p < 0.05, ***p < 0.01

Source(s): Authors’ own work