Table 7

Pearson correlation of firm size – stateowned

FSIZEFAGEBSIZEBIG4STATEOWN
FSIZE1.000    
FAGE0.416**1.000   
(0.000)    
BSIZE0.560**0.209**1.000  
(0.000)(0.001)   
BIG40.175**0.146*0.0721.000 
(0.005)(0.019)(0.249)  
STATEOWN0.373**0.177**0.093−0.0791.000
(0.000)(0.005)(0.137)(0.210) 

Note(s): t-statistics in parentheses; *, **, and *** denote significance at 10%, 5%, and 1% levels respectively

Source(s): The authors (2024)

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