Table 3 Correlations (1) (2) (3) (4) (5)... | Emerald Publishing

Table 3

Correlations

		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
(1)	$I I$	1.000
(2)	$I I D O M$	0.647***	1.000
(3)	$I I L T$	0.461***	0.016**	1.000
(4)	$I I B L O$	0.484***	0.281***	0.167***	1.000
(5)	$P C F$	0.261***	0.147***	0.035***	0.129***	1.000
(6)	$M V$	0.216***	0.202***	0.021***	0.082***	0.245***	1.000
(7)	$R O A$	−0.022**	−0.010**	−0.031***	−0.018*	0.003	0.335***	1.000
(8)	$P T S$	0.015	0.017	0.027***	−0.026***	−0.002	0.158***	−0.063***	1.000
(9)	$B T M$	−0.087***	−0.068***	−0.005**	−0.037***	0.205***	0.351***	0.079***	0.049***	1.000
(10)	$R & D$	−0.004	−0.009	−0.000	−0.002	−0.014	0.087***	0.146***	0.005	0.030***	1.000
(11)	$L E V$	0.085***	0.103***	0.055***	0.089***	0.061***	−0.004	−0.186***	−0.175***	−0.190***	−0.028***	1.000
(12)	$A D V E R$	0.048***	0.072***	0.039***	0.031***	0.062***	0.012	−0.113***	0.216***	0.013	−0.025***	−0.048***	1.000

		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
(1)	$I I$	1.000
(2)	$I I D O M$	0.647***	1.000
(3)	$I I L T$	0.461***	0.016**	1.000
(4)	$I I B L O$	0.484***	0.281***	0.167***	1.000
(5)	$P C F$	0.261***	0.147***	0.035***	0.129***	1.000
(6)	$M V$	0.216***	0.202***	0.021***	0.082***	0.245***	1.000
(7)	$R O A$	−0.022**	−0.010**	−0.031***	−0.018*	0.003	0.335***	1.000
(8)	$P T S$	0.015	0.017	0.027***	−0.026***	−0.002	0.158***	−0.063***	1.000
(9)	$B T M$	−0.087***	−0.068***	−0.005**	−0.037***	0.205***	0.351***	0.079***	0.049***	1.000
(10)	$R & D$	−0.004	−0.009	−0.000	−0.002	−0.014	0.087***	0.146***	0.005	0.030***	1.000
(11)	$L E V$	0.085***	0.103***	0.055***	0.089***	0.061***	−0.004	−0.186***	−0.175***	−0.190***	−0.028***	1.000
(12)	$A D V E R$	0.048***	0.072***	0.039***	0.031***	0.062***	0.012	−0.113***	0.216***	0.013	−0.025***	−0.048***	1.000

Note(s): The superscripts *, ** and *** denote significance at the confidence levels of 90%, 95% and 99%, respectively