Table 2

Pairwise correlations

Firm ageFirm sizeFamily shareR&DLeverageDepth
Firm age1.000     
Firm size0.2081.000    
Family share−0.026−0.1661.000   
R&D−0.0310.015−0.0301.000  
Leverage0.0700.145−0.0270.1531.000 
Depth−0.208−0.3660.070−0.084−0.0541.000
Source(s): Authors’ own work

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