Spearman correlation referring to CBEI and board of directors
| Indicators | CBEI | Size of board | Gender president | Independence | Chairman/CEO | Age | Meetings |
|---|---|---|---|---|---|---|---|
| CBEI | 1.0000 | ||||||
| Size of board | 0.4310*** | 1.0000 | |||||
| Gender president | 0.0101 | 0.0460 | 1.0000 | ||||
| Independence | 0.4088*** | 0.3927*** | 0.0248 | 1.0000 | |||
| Chairman/CEO | −0.4090*** | −0.3816*** | 0.0744 | −0.3529*** | 1.0000 | ||
| Age | −0.0897 | −0.0385 | 0.0814 | −0.042 | 0.0203 | 1.0000 | |
| Meetings | 0.3375*** | 0.3691*** | −0.0082 | 0.2769*** | −0.2522*** | −0.1227** | 1.0000 |
| Indicators | CBEI | Size of board | Gender president | Independence | Chairman/CEO | Age | Meetings |
|---|---|---|---|---|---|---|---|
| CBEI | 1.0000 | ||||||
| Size of board | 0.4310 | 1.0000 | |||||
| Gender president | 0.0101 | 0.0460 | 1.0000 | ||||
| Independence | 0.4088 | 0.3927 | 0.0248 | 1.0000 | |||
| Chairman/CEO | −0.4090 | −0.3816 | 0.0744 | −0.3529 | 1.0000 | ||
| Age | −0.0897 | −0.0385 | 0.0814 | −0.042 | 0.0203 | 1.0000 | |
| Meetings | 0.3375 | 0.3691 | −0.0082 | 0.2769 | −0.2522 | −0.1227 | 1.0000 |
Notes:
***Statistically significant at 1%; **statistically significant at 5%
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