Pairwise correlations
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1-Financial Performance | 1 | |||||||||
| 2-Foreign Markets | 0.02* | 1 | ||||||||
| 3-Ethnic Minority Ownership | −0.04* | 0.04* | 1 | |||||||
| 4-Woman-Owned | −0.01 | 0.02* | 0.35* | 1 | ||||||
| 5-Family Management | 0.12* | 0.02 | 0.01 | −0.01 | 1 | |||||
| 6-Shareholders | 0.04* | −0.00 | −0.05* | −0.04* | 0.27* | 1 | ||||
| 7-Innovativeness | 0.06* | −0.00 | −0.02* | −0.02 | 0.07* | 0.10* | 1 | |||
| 8-Branch Locations | 0.19* | 0.01 | −0.04* | −0.02* | 0.02 | 0.01 | 0.04* | 1 | ||
| 9-Firm Size | 0.51* | −0.00 | −0.04* | −0.02* | 0.20* | 0.08* | 0.06* | 0.15* | 1 | |
| 10-Firm Age | 0.23* | 0.01 | −0.07* | −0.04* | 0.09* | 0.04* | 0.02 | 0.05* | 0.21* | 1 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1-Financial Performance | 1 | |||||||||
| 2-Foreign Markets | 0.02* | 1 | ||||||||
| 3-Ethnic Minority Ownership | −0.04* | 0.04* | 1 | |||||||
| 4-Woman-Owned | −0.01 | 0.02* | 0.35* | 1 | ||||||
| 5-Family Management | 0.12* | 0.02 | 0.01 | −0.01 | 1 | |||||
| 6-Shareholders | 0.04* | −0.00 | −0.05* | −0.04* | 0.27* | 1 | ||||
| 7-Innovativeness | 0.06* | −0.00 | −0.02* | −0.02 | 0.07* | 0.10* | 1 | |||
| 8-Branch Locations | 0.19* | 0.01 | −0.04* | −0.02* | 0.02 | 0.01 | 0.04* | 1 | ||
| 9-Firm Size | 0.51* | −0.00 | −0.04* | −0.02* | 0.20* | 0.08* | 0.06* | 0.15* | 1 | |
| 10-Firm Age | 0.23* | 0.01 | −0.07* | −0.04* | 0.09* | 0.04* | 0.02 | 0.05* | 0.21* | 1 |
Note(s): *p < 0.05
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