Table 6.

Correlation analysis for SSS in NEA variables

No. firmsTHRPCAPAHHICR4CUF
No. firms1.00
THRP0.3951.00
CAPA−0.1900.725**1.00
HHI−0.638**−0.6446*−0.526*1.00
CR4−0.785**−0.480*−0.2600.956**1.00
CUF0.583*−0.347−0.870**0.4770.6821.00

Notes:

**Correlation is significant at the 0.01 level (2-tailed).

*

Correlation is significant at the 0.05 level (2-tailed)

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