Correlation matrix
| Mean | SD | Business name | Ownership concentration | Age | Secondary sector | Tertiary sector | |
|---|---|---|---|---|---|---|---|
| Operating income | 8.064 | 1.093 | −0.019** | −0.032** | 0.267** | 0.013** | 0.015** |
| Number of employees | 3.309 | 0.748 | −0.065** | −0.015* | 0.174** | 0.043 | 0.027 |
| Investment | 7.778 | 1.230 | −0.025** | −0.050** | 0.314** | −0.065** | −0.081** |
| Business name | 0.325 | 0.468 | – | 0.039** | 0.052** | 0.015* | −0.019** |
| Ownership concentration | 1.657 | 4.618 | – | 0.251** | 0.022** | −0.031** | |
| Age | 2.876 | 0.578 | – | 0.079** | −0.077** | ||
| Secondary sector | 0.434 | 0.496 | – | −0.945** | |||
| Tertiary sector | 0.538 | 0.499 | – |
| Mean | SD | Business name | Ownership concentration | Age | Secondary sector | Tertiary sector | |
|---|---|---|---|---|---|---|---|
| Operating income | 8.064 | 1.093 | −0.019** | −0.032** | 0.267** | 0.013** | 0.015** |
| Number of employees | 3.309 | 0.748 | −0.065** | −0.015* | 0.174** | 0.043 | 0.027 |
| Investment | 7.778 | 1.230 | −0.025** | −0.050** | 0.314** | −0.065** | −0.081** |
| Business name | 0.325 | 0.468 | – | 0.039** | 0.052** | 0.015* | −0.019** |
| Ownership concentration | 1.657 | 4.618 | – | 0.251** | 0.022** | −0.031** | |
| Age | 2.876 | 0.578 | – | 0.079** | −0.077** | ||
| Secondary sector | 0.434 | 0.496 | – | −0.945** | |||
| Tertiary | 0.538 | 0.499 | – |
Note(s): * The correlation is significant at 0.05 (two-tailed), ** The correlation is significant at 0.01 (two-tailed)
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