Table 3 Correlation of variables used in... | Emerald Publishing

Table 3

Correlation of variables used in the study

		1	2	3	4	5	6	7	8	9	10	11	12	13	14
1	Social_response	1	0.145^**	0.077^**	0.068^**	−0.101^**	0.042^*	0.04	0.081^**	0.162^**	−0.126^**	−0.053^*	0.077^**	−0.161^**	0.045^*
2	FirmLogSize	0.145^**	1	0.073^**	0.098^**	−0.091^**	0.314^**	0.317^**	0.179^**	−0.054^*	0.034	0.004	−0.093^**	0.057^**	−0.074^**
3	Sales_Impact IOS	0.077^**	0.073^**	1	0.023	−0.01	0.051^*	0.059^**	−0.02	−0.092^**	0.058^**	−0.01	0.006	0.094^**	0.018
4	Covid_Family ABC	0.068^**	0.098^**	0.023	1	−0.105^**	0.060^**	0.052^*	0.042^*	0.008	0.001	−0.03	0.024	−0.02	−0.03
5	Family CEO FamCEO	−0.101^**	−0.091^**	−0.01	−0.105^**	1	−0.191^**	−0.123^**	−0.044^*	0.060^**	−0.075^**	0.162^**	−0.150^**	−0.056^**	−0.02
6	MainGeneration	0.042^*	0.314^**	0.051^*	0.060^**	−0.191^**	1	0.625^**	0.144^**	−0.259^**	0.230^**	0.011	−0.01	0.162^**	0.078^**
7	Firm_age	0.04	0.317^**	0.059^**	0.052^*	−0.123^**	0.625^**	1	0.150^**	−0.211^**	0.171^**	−0.01	9E−04	0.149^**	0.060^**
8	Fam_Shareholders	0.081^**	0.179^**	−0.02	0.042^*	−0.044^*	0.144^**	0.150^**	1	0.058^**	−0.01	−0.050^*	0.053^*	−0.02	−0.03
9	PDI	0.162^**	−0.054^*	−0.092^**	0.008	0.060^**	−0.259^**	−0.211^**	0.058^**	1	−0.768^**	−0.169^**	0.185^**	−0.565^**	−0.110^**
10	IDV	−0.126^**	0.034	0.058^**	0.001	−0.075^**	0.230^**	0.171^**	−0.01	−0.768^**	1	−0.050^*	−0.202^**	0.557^**	0.025
11	MAS	−0.053^*	0.004	−0.01	−0.03	0.162^**	0.011	−0.01	−0.050^*	−0.169^**	−0.050^*	1	−0.195^**	0.054^*	0.289^**
12	UAI	0.077^**	−0.093^**	0.006	0.024	−0.150^**	−0.01	9E−04	0.053^*	0.185^**	−0.202^**	−0.195^**	1	−0.145^**	0.023
13	LTO	−0.161^**	0.057^**	0.094^**	−0.02	−0.056^**	0.162^**	0.149^**	−0.02	−0.565^**	0.557^**	0.054^*	−0.145^**	1	−0.042^*
14	IND	0.045^*	−0.074^**	0.018	−0.03	−0.02	0.078^**	0.060^**	−0.03	−0.110^**	0.025	0.289^**	0.023	−0.042^*	1

		1	2	3	4	5	6	7	8	9	10	11	12	13	14
1	Social_response	1	0.145^**	0.077^**	0.068^**	−0.101^**	0.042^*	0.04	0.081^**	0.162^**	−0.126^**	−0.053^*	0.077^**	−0.161^**	0.045^*
2	FirmLogSize	0.145^**	1	0.073^**	0.098^**	−0.091^**	0.314^**	0.317^**	0.179^**	−0.054^*	0.034	0.004	−0.093^**	0.057^**	−0.074^**
3	Sales_Impact IOS	0.077^**	0.073^**	1	0.023	−0.01	0.051^*	0.059^**	−0.02	−0.092^**	0.058^**	−0.01	0.006	0.094^**	0.018
4	Covid_Family ABC	0.068^**	0.098^**	0.023	1	−0.105^**	0.060^**	0.052^*	0.042^*	0.008	0.001	−0.03	0.024	−0.02	−0.03
5	Family CEO FamCEO	−0.101^**	−0.091^**	−0.01	−0.105^**	1	−0.191^**	−0.123^**	−0.044^*	0.060^**	−0.075^**	0.162^**	−0.150^**	−0.056^**	−0.02
6	MainGeneration	0.042^*	0.314^**	0.051^*	0.060^**	−0.191^**	1	0.625^**	0.144^**	−0.259^**	0.230^**	0.011	−0.01	0.162^**	0.078^**
7	Firm_age	0.04	0.317^**	0.059^**	0.052^*	−0.123^**	0.625^**	1	0.150^**	−0.211^**	0.171^**	−0.01	9E−04	0.149^**	0.060^**
8	Fam_Shareholders	0.081^**	0.179^**	−0.02	0.042^*	−0.044^*	0.144^**	0.150^**	1	0.058^**	−0.01	−0.050^*	0.053^*	−0.02	−0.03
9	PDI	0.162^**	−0.054^*	−0.092^**	0.008	0.060^**	−0.259^**	−0.211^**	0.058^**	1	−0.768^**	−0.169^**	0.185^**	−0.565^**	−0.110^**
10	IDV	−0.126^**	0.034	0.058^**	0.001	−0.075^**	0.230^**	0.171^**	−0.01	−0.768^**	1	−0.050^*	−0.202^**	0.557^**	0.025
11	MAS	−0.053^*	0.004	−0.01	−0.03	0.162^**	0.011	−0.01	−0.050^*	−0.169^**	−0.050^*	1	−0.195^**	0.054^*	0.289^**
12	UAI	0.077^**	−0.093^**	0.006	0.024	−0.150^**	−0.01	9E−04	0.053^*	0.185^**	−0.202^**	−0.195^**	1	−0.145^**	0.023
13	LTO	−0.161^**	0.057^**	0.094^**	−0.02	−0.056^**	0.162^**	0.149^**	−0.02	−0.565^**	0.557^**	0.054^*	−0.145^**	1	−0.042^*
14	IND	0.045^*	−0.074^**	0.018	−0.03	−0.02	0.078^**	0.060^**	−0.03	−0.110^**	0.025	0.289^**	0.023	−0.042^*	1

Note(s): ^**. Correlation is significant at the 0.01 level (bilateral)

^*. Correlation is significant at the 0.05 level (bilateral)

Source(s): Authors’ own work