Descriptive statistics and correlations
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Connected CEO | 0.42 | 0.49 | 1.00 | |||||||||||||
| 2 Year | 2005 | 8.94 | 0.00 | 1.00 | ||||||||||||
| 3 Company health | 0.44 | 0.67 | −0.01 | 0.00 | 1.00 | |||||||||||
| 4 Country | 6.83 | 2.75 | 0.00 | 0.00 | −0.05 | 1.00 | ||||||||||
| 5 Company size | 2.47 | 1.15 | 0.01 | 0.00 | 0.10 | −0.17 | 1.00 | |||||||||
| 6 Industry | 5.06 | 2.65 | −0.02 | 0.00 | 0.03 | −0.08 | 0.09 | 1.00 | ||||||||
| 7 Industry conditions CARs | −0.34 | 0.66 | −0.04 | −0.03 | 0.04 | −0.16 | 0.19 | −0.00 | 1.00 | |||||||
| 8 Industry conditions ROS | 10.93 | 13.17 | 0.02 | −0.03 | 0.07 | −0.20 | 0.15 | 0.15 | 0.23 | 1.00 | ||||||
| 9 Industry conditions ROIC | 6.86 | 4.71 | −0.05 | −0.09 | −0.09 | −0.18 | 0.17 | −0.10 | 0.27 | 0.29 | 1.00 | |||||
| 10 Industry conditions ROA | 2.18 | 5.12 | −0.03 | −0.05 | −0.01 | −0.27 | 0.18 | −0.04 | 0.24 | 0.42 | 0.88 | 1.00 | ||||
| 11 CARs | 10.61 | 5446 | 0.00 | −0.00 | −0.00 | 0.00 | −0.00 | −0.00 | −0.00 | −0.00 | 0.00 | 0.00 | 1.00 | |||
| 12 ROS | −792.10 | 35495 | −0.01 | 0.02 | −0.01 | −0.00 | 0.01 | −0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 1.00 | ||
| 13 ROIC | 3.15 | 271.80 | −0.01 | −0.03 | 0.01 | −0.02 | 0.04 | −0.00 | 0.01 | 0.03 | 0.04 | 0.05 | 0.00 | 0.01 | 1.00 | |
| 14 ROA | −7.14 | 856.90 | 0.06 | −0.00 | 0.01 | −0.09 | 0.02 | −0.00 | 0.01 | 0.02 | 0.02 | 0.03 | 0.00 | 0.05 | 0.13 | 1.00 |
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Connected CEO | 0.42 | 0.49 | 1.00 | |||||||||||||
| 2 Year | 2005 | 8.94 | 0.00 | 1.00 | ||||||||||||
| 3 Company health | 0.44 | 0.67 | −0.01 | 0.00 | 1.00 | |||||||||||
| 4 Country | 6.83 | 2.75 | 0.00 | 0.00 | −0.05 | 1.00 | ||||||||||
| 5 Company size | 2.47 | 1.15 | 0.01 | 0.00 | 0.10 | −0.17 | 1.00 | |||||||||
| 6 Industry | 5.06 | 2.65 | −0.02 | 0.00 | 0.03 | −0.08 | 0.09 | 1.00 | ||||||||
| 7 Industry conditions CARs | −0.34 | 0.66 | −0.04 | −0.03 | 0.04 | −0.16 | 0.19 | −0.00 | 1.00 | |||||||
| 8 Industry conditions ROS | 10.93 | 13.17 | 0.02 | −0.03 | 0.07 | −0.20 | 0.15 | 0.15 | 0.23 | 1.00 | ||||||
| 9 Industry conditions ROIC | 6.86 | 4.71 | −0.05 | −0.09 | −0.09 | −0.18 | 0.17 | −0.10 | 0.27 | 0.29 | 1.00 | |||||
| 10 Industry conditions ROA | 2.18 | 5.12 | −0.03 | −0.05 | −0.01 | −0.27 | 0.18 | −0.04 | 0.24 | 0.42 | 0.88 | 1.00 | ||||
| 11 CARs | 10.61 | 5446 | 0.00 | −0.00 | −0.00 | 0.00 | −0.00 | −0.00 | −0.00 | −0.00 | 0.00 | 0.00 | 1.00 | |||
| 12 ROS | −792.10 | 35495 | −0.01 | 0.02 | −0.01 | −0.00 | 0.01 | −0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 1.00 | ||
| 13 ROIC | 3.15 | 271.80 | −0.01 | −0.03 | 0.01 | −0.02 | 0.04 | −0.00 | 0.01 | 0.03 | 0.04 | 0.05 | 0.00 | 0.01 | 1.00 | |
| 14 ROA | −7.14 | 856.90 | 0.06 | −0.00 | 0.01 | −0.09 | 0.02 | −0.00 | 0.01 | 0.02 | 0.02 | 0.03 | 0.00 | 0.05 | 0.13 | 1.00 |
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