Table 5. Pearson correlation coefficient... | Emerald Publishing

Table 5.

Pearson correlation coefficient of the differences-in-differences model

	Patents	SO	Post	R&D	Dual	Cash	Roe	Grow	Size	Tech
Patents	1
SO	0.190***	1
Post	0.168***	0.057***	1
R&D	0.100***	0.136***	0.0643***	1
Dual	0.098***	0.077***	0.0176	0.147***	1
Cash	−0.051***	0.121***	−0.1418***	0.306***	0.135***	1
Roe	0.022	0.042**	−0.0298*	−0.015	−0.009	0.032*	1
Grow	−0.015	−0.008	−0.014	−0.211***	−0.161***	−0.286***	−0.017	1
Size	0.305***	0.103***	0.221***	−0.167***	−0.185***	−0.279***	0.042**	0.515***	1
Tech	0.205***	−0.047***	0.015	0.300***	0.069***	0.187***	0.009	−0.222***	−0.21***	1

	Patents	SO	Post	R&D	Dual	Cash	Roe	Grow	Size	Tech
Patents	1
SO	0.190***	1
Post	0.168***	0.057***	1
R&D	0.100***	0.136***	0.0643***	1
Dual	0.098***	0.077***	0.0176	0.147***	1
Cash	−0.051***	0.121***	−0.1418***	0.306***	0.135***	1
Roe	0.022	0.042**	−0.0298*	−0.015	−0.009	0.032*	1
Grow	−0.015	−0.008	−0.014	−0.211***	−0.161***	−0.286***	−0.017	1
Size	0.305***	0.103***	0.221***	−0.167***	−0.185***	−0.279***	0.042**	0.515***	1
Tech	0.205***	−0.047***	0.015	0.300***	0.069***	0.187***	0.009	−0.222***	−0.21***	1

Notes:

***p < 0.01; **p < 0.05; *p < 0.1