Table 7 Correlation analysis Variables... | Emerald Publishing

Table 7

Correlation analysis

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
(1) CoD	1
(2) CICD	−0.151^*	1
(3) CICM	−0.150^*	0.985^**	1
(4) SIZE	0.011	0.138^*	0.150^*	1
(5) LEV	0.136^*	0.028	0.010	−0.203^**	1
(6) ROE	−0.075	−0.073	−0.076	−0.208^**	0.070	1
(7) B_SIZE	−0.110	0.067	0.071	0.451^**	−0.098	−0.190^**	1
(8) B_IND	−0.046	0.100	0.108	0.045	−0.022	0.080	−0.373^**	1
(9) CEO_D	−0.113	0.090	0.067	0.023	−0.015	0.041	−0.007	−0.099	1
(10) ESG_S	−0.012	0.297^**	0.302^**	0.326^**	0.042	−0.106	0.213^**	0.214^**	−0.013	1
(11)ENV_S	0.004	0.170^**	0.154^*	−0.242^**	0.072	−0.016	0.079	−0.105	0.028	0.076	1

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)
(1) CoD	1
(2) CICD	−0.151^*	1
(3) CICM	−0.150^*	0.985^**	1
(4) SIZE	0.011	0.138^*	0.150^*	1
(5) LEV	0.136^*	0.028	0.010	−0.203^**	1
(6) ROE	−0.075	−0.073	−0.076	−0.208^**	0.070	1
(7) B_SIZE	−0.110	0.067	0.071	0.451^**	−0.098	−0.190^**	1
(8) B_IND	−0.046	0.100	0.108	0.045	−0.022	0.080	−0.373^**	1
(9) CEO_D	−0.113	0.090	0.067	0.023	−0.015	0.041	−0.007	−0.099	1
(10) ESG_S	−0.012	0.297^**	0.302^**	0.326^**	0.042	−0.106	0.213^**	0.214^**	−0.013	1
(11)ENV_S	0.004	0.170^**	0.154^*	−0.242^**	0.072	−0.016	0.079	−0.105	0.028	0.076	1

Note(s): ***p < 0.01, **p < 0.05, *p < 0.1