Correlation matrix and multicollinearity diagnostic test
| Variables | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| ROE | 1.000 | |||||
| ROA | 0.264*** | 1.000 | ||||
| Leverage | −0.356*** | −0.019* | 1.000 | |||
| NI/EBIT | −0.022* | −0.053*** | −0.007 | 1.000 | ||
| Double negative | −0.271*** | −0.613*** | 0.040*** | 0.285*** | 1.000 | |
| Size (log total assets) | 0.012 | 0.179*** | 0.106*** | −0.036*** | −0.155*** | 1.000 |
| VIF | 1.663 | 1.015 | 1.117 | 1.793 | 1.050 |
| Variables | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| ROE | 1.000 | |||||
| ROA | 0.264*** | 1.000 | ||||
| Leverage | −0.356*** | −0.019* | 1.000 | |||
| NI/EBIT | −0.022* | −0.053*** | −0.007 | 1.000 | ||
| Double negative | −0.271*** | −0.613*** | 0.040*** | 0.285*** | 1.000 | |
| Size (log total assets) | 0.012 | 0.179*** | 0.106*** | −0.036*** | −0.155*** | 1.000 |
| VIF | 1.663 | 1.015 | 1.117 | 1.793 | 1.050 |
Note(s): *p < 0.1, **p < 0.05, ***p < 0.01
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.