Table 3 Correlation matrix 1 2 3 4 5 6 7... | Emerald Publishing

Table 3

Correlation matrix

	1	2	3	4	5	6	7	8
1. CEOAGE	1
2. CEOTEN	0.092	1
3. CEOEDU	0.200**	0.040	1
4. CEOEXP	0.581**	0.213**	0.152**	1
5. CEOPAY	0.199**	0.512**	0.057	0.028	1
6. ROA	0.077	0.031	0.252**	0.175**	0.064	1
7. TOBINQ	−0.109	0.018	−0.223**	−0.070	0.019	−0.174**	1

	1	2	3	4	5	6	7	8
1. CEOAGE	1
2. CEOTEN	0.092	1
3. CEOEDU	0.200**	0.040	1
4. CEOEXP	0.581**	0.213**	0.152**	1
5. CEOPAY	0.199**	0.512**	0.057	0.028	1
6. ROA	0.077	0.031	0.252**	0.175**	0.064	1
7. TOBINQ	−0.109	0.018	−0.223**	−0.070	0.019	−0.174**	1

Note(s): **Significant at the 1% level

Source(s): Authors’ own creation