Correlations among studied variables and descriptive statistics
| Variables | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| 1. Firm's age | 1 | ||||||
| 2. Firm's size (Log10 of TA) | 0.227** | 1 | |||||
| 3. Internal CSR practices | 0.115 | 0.237** | 1 | ||||
| 4. External CSR practices | 0.214** | 0.303** | 0.623** | 1 | |||
| 5. Aggregated CSR practices | 0.189* | 0.303** | 0.874** | 0.925** | 1 | ||
| 6. Firm's Reputation | 0.250** | 0.388** | 0.650** | 0.676** | 0.737** | 1 | |
| 7. Profitability | 0.179* | 0.204** | 0.542** | 0.510** | 0.581** | 0.688** | 1 |
| Mean | 14.86 | 10.05 | 3.67 | 3.00 | 3.34 | 3.21 | 3.16 |
| Standard Deviation | 5.93 | 0.26 | 0.40 | 0.51 | 0.41 | 0.56 | 0.77 |
| Variables | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| 1. Firm's age | 1 | ||||||
| 2. Firm's size (Log10 of TA) | 0.227 | 1 | |||||
| 3. Internal CSR practices | 0.115 | 0.237 | 1 | ||||
| 4. External CSR practices | 0.214 | 0.303 | 0.623 | 1 | |||
| 5. Aggregated CSR practices | 0.189 | 0.303 | 0.874 | 0.925 | 1 | ||
| 6. Firm's Reputation | 0.250 | 0.388 | 0.650 | 0.676 | 0.737 | 1 | |
| 7. Profitability | 0.179 | 0.204 | 0.542 | 0.510 | 0.581 | 0.688 | 1 |
| Mean | 14.86 | 10.05 | 3.67 | 3.00 | 3.34 | 3.21 | 3.16 |
| Standard Deviation | 5.93 | 0.26 | 0.40 | 0.51 | 0.41 | 0.56 | 0.77 |
Notes:
N = 168;
*p < 0.05;
**p < 0.01