Table 4 Pearson correlation matrix and... | Emerald Publishing

Table 4

Pearson correlation matrix and VIF

	etr	cfetr	btd	ceo_fam	bind	bsize	bgd	bdil	roa	lev	fsize	fage	VIF
etr	1
cfetr	0.9251**	1
btd	−0.8753**	−0.9156**	1
ceo_fam	0.0606**	0.0534**	−0.058**	1									1.26
bind	0.0131	0.0327	−0.058	0.0298	1								1.25
bsize	0.0222	0.0074	−0.006	−0.08	0.1909**	1							1.36
bgd	0.1071*	0.0799	−0.0632	0.1205*	0.0052	−0.1815**	1						1.32
bdil	0.2832**	0.2326**	−0.2172**	0.1429**	0.0202	−0.0176	0.066	1					1.18
roa	−0.0006	−0.0015	0.2012**	0.0114	0.0859	0.0257	0.0055	0.1305**	1				1.73
lev	−0.4191**	−0.4449**	0.0971*	0.0048	−0.1749**	−0.0354	−0.0917	−0.0821	−0.3793**	1			1.48
fsize	−0.1652**	−0.2063**	0.2686**	0.0708	0.1413**	0.3391**	−0.0346	0.0746	0.0192	−0.1062*	1		1.33
fage	0.0066	−0.0055	0.0257	−0.1279**	−0.1269**	−0.0589	0.0422	−0.052	0.0960*	−0.0645	−0.1152*	1	1.21
Mean VIF													1.35

	etr	cfetr	btd	ceo_fam	bind	bsize	bgd	bdil	roa	lev	fsize	fage	VIF
etr	1
cfetr	0.9251**	1
btd	−0.8753**	−0.9156**	1
ceo_fam	0.0606**	0.0534**	−0.058**	1									1.26
bind	0.0131	0.0327	−0.058	0.0298	1								1.25
bsize	0.0222	0.0074	−0.006	−0.08	0.1909**	1							1.36
bgd	0.1071*	0.0799	−0.0632	0.1205*	0.0052	−0.1815**	1						1.32
bdil	0.2832**	0.2326**	−0.2172**	0.1429**	0.0202	−0.0176	0.066	1					1.18
roa	−0.0006	−0.0015	0.2012**	0.0114	0.0859	0.0257	0.0055	0.1305**	1				1.73
lev	−0.4191**	−0.4449**	0.0971*	0.0048	−0.1749**	−0.0354	−0.0917	−0.0821	−0.3793**	1			1.48
fsize	−0.1652**	−0.2063**	0.2686**	0.0708	0.1413**	0.3391**	−0.0346	0.0746	0.0192	−0.1062*	1		1.33
fage	0.0066	−0.0055	0.0257	−0.1279**	−0.1269**	−0.0589	0.0422	−0.052	0.0960*	−0.0645	−0.1152*	1	1.21
Mean VIF													1.35

Note(s): *p < 0.05; **p < 0.01

Source(s): Authors’ own creation