Table 3.

Correlational analysis results

Item1234567891011121314
DET
LEG0.508**
SNV0.396**0.387**
CONT0.507**0.537**0.447**
RC0.789**0.760**0.734**0.807**
Status0.1380.0040.0580.0440.083
Age0.127−0.0300.0760.0420.0760.324**
Size0.120−0.0290.0010.0010.0340.345**0.333**
NB−0.062−0.078−0.263**−0.063−0.154−0.1310.091−0.157
EFP0.1630.306**0.0870.264**0.257**0.243*0.1140.075−0.169
EE0.315**0.306**0.1700.250**0.334**0.185−0.0340.039−0.0280.242*
WM0.327**0.1720.1140.229*0.275**0.194*0.0750.156−0.0780.289**0.415**
WC0.1620.1290.0000.0500.108−0.016−0.0570.176−0.1450.240*0.288**0.462**
ESP0.334**0.322**0.1240.278**0.338**0.213*0.0390.163−0.1590.664**0.647**0.761**0.727**

Notes:

DET: Deterrence, LEG: Legitimacy, SNV: Social norms and Values, CONT: Controls, RC: Regulatory compliance, Status: Legal Status, Age: Firm Age, Size: Firm Size, NB: Nature of business, EFP: Eco-friendly packaging, EE: Energy efficiency, WM: Waste management, WC: Water conservation and ESP: Environmental sustainability practices

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