Correlation matrix – all regression variables
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
|---|---|---|---|---|---|---|---|---|
| ROA_vol3_lag (1) | 1.000 | |||||||
| ROA_semidev_lag (2) | 0.798 | 1.000 | ||||||
| ROA_fwdvol3 (3) | 0.427 | 0.339 | 1.000 | |||||
| ESG_dev_lag1 (4) | −0.091 | −0.104 | −0.012 | 1.000 | ||||
| E_dev_lag1 (5) | −0.102 | −0.107 | −0.013 | 0.958 | 1.000 | |||
| S_dev_lag1 (6) | −0.061 | −0.078 | −0.011 | 0.9610 | 0.857 | 1.000 | ||
| G_dev_lag1 (7) | −0.100 | −0.120 | −0.010 | 0.951 | 0.862 | 0.902 | 1.000 | |
| Ln(Assets) (8) | −0.461 | −0.398 | −0.332 | −0.029 | −0.022 | −0.030 | −0.033 | 1.000 |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
|---|---|---|---|---|---|---|---|---|
| ROA_vol3_lag (1) | 1.000 | |||||||
| ROA_semidev_lag (2) | 0.798 | 1.000 | ||||||
| ROA_fwdvol3 (3) | 0.427 | 0.339 | 1.000 | |||||
| ESG_dev_lag1 (4) | −0.091 | −0.104 | −0.012 | 1.000 | ||||
| E_dev_lag1 (5) | −0.102 | −0.107 | −0.013 | 0.958 | 1.000 | |||
| S_dev_lag1 (6) | −0.061 | −0.078 | −0.011 | 0.9610 | 0.857 | 1.000 | ||
| G_dev_lag1 (7) | −0.100 | −0.120 | −0.010 | 0.951 | 0.862 | 0.902 | 1.000 | |
| Ln(Assets) (8) | −0.461 | −0.398 | −0.332 | −0.029 | −0.022 | −0.030 | −0.033 | 1.000 |
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.