Table 3 Correlation matrix 1 2 3 4 5 6 7... | Emerald Publishing

Table 3

Correlation matrix

	1	2	3	4	5	6	7	8	9
1. Sales	1.000
2. Assets	0.240***	1.000
3. Employees	0.221***	0.173***	1.000
4. Solvency	0.014	0.015	0.001	1.000
5. Liquidity	−0.003	0.004	0.002	0.872***	1.000
6. CEO duality	−0.115***	−0.162***	−0.202***	−0.084	−0.042	1.000
7. Generation	0.104***	0.142***	0.221***	0.132***	0.106**	−0.411***	1.000
8. ROA	0.116	−0.004	0.036	−0.053	−0.039	−0.013	−0.014	1.000
9. Export	0.252***	0.083***	0.419***	−0.012	−0.006	−0.145***	0.142***	0.000	1.000
10. Export intensity	0.287***	0.101***	0.432***	0.010	0.012	−0.143***	0.134***	0.011	0.721***

	1	2	3	4	5	6	7	8	9
1. Sales	1.000
2. Assets	0.240***	1.000
3. Employees	0.221***	0.173***	1.000
4. Solvency	0.014	0.015	0.001	1.000
5. Liquidity	−0.003	0.004	0.002	0.872***	1.000
6. CEO duality	−0.115***	−0.162***	−0.202***	−0.084	−0.042	1.000
7. Generation	0.104***	0.142***	0.221***	0.132***	0.106**	−0.411***	1.000
8. ROA	0.116	−0.004	0.036	−0.053	−0.039	−0.013	−0.014	1.000
9. Export	0.252***	0.083***	0.419***	−0.012	−0.006	−0.145***	0.142***	0.000	1.000
10. Export intensity	0.287***	0.101***	0.432***	0.010	0.012	−0.143***	0.134***	0.011	0.721***

Note(s):*p < 0.05; **p < 0.01; ***p < 0.001