Table III Inter-item correlation matrix... | Emerald Publishing

Table III

Inter-item correlation matrix for China telecoms Industry

	ROA	ROSE	PM	CR	WCR	TAT	R/W	R/FA	WCT	DR	ER	DER	TI	EPS	R/C	CG	OC/S	ETxR
ROA	1.000	0.992	0.840	0.454	0.653	−0.135	0.670	−0.358	0.054	−0.338	0.244	−0.443	−0.658	−0.488	−0.228	0.836	0.835	0.138
ROSE	0.992	1.000	0.824	0.416	0.606	−0.085	0.632	−0.324	0.064	−0.322	0.261	−0.437	−0.650	−0.435	−0.199	0.798	0.812	0.209
PM	0.840	0.824	1.000	0.396	0.655	−0.493	0.770	−0.474	−0.158	−0.395	0.162	−0.432	−0.817	−0.565	−0.644	0.617	0.902	0.272
CR	0.454	0.416	0.396	1.000	0.927	−0.343	0.427	0.105	0.350	−0.738	−0.436	−0.339	−0.395	−0.397	−0.340	0.329	0.573	0.032
WCR	0.653	0.606	0.655	0.927	1.000	−0.462	0.640	−0.142	0.235	−0.726	−0.269	−0.437	−0.604	−0.591	−0.494	0.520	0.797	0.040
TAT	−0.135	−0.085	−0.493	−0.343	−0.462	1.000	−0.262	0.632	0.281	0.219	0.305	0.042	0.413	0.589	0.555	−0.229	−0.528	−0.068
R/W	0.670	0.632	0.770	0.427	0.640	−0.262	1.000	−0.324	−0.127	−0.217	−0.156	−0.089	−0.762	−0.654	−0.635	0.536	0.766	−0.013
R/FA	−0.358	−0.324	−0.474	0.105	−0.142	0.632	−0.324	1.000	0.509	−0.388	0.080	−0.275	0.373	0.752	0.083	−0.657	−0.470	0.150
WCT	0.054	0.064	−0.158	0.350	0.235	0.281	−0.127	0.509	1.000	−0.481	0.089	−0.420	0.287	0.226	0.121	−0.078	−0.057	0.025
DR	−0.338	−0.322	−0.395	−0.738	−0.726	0.219	−0.217	−0.388	−0.481	1.000	−0.115	0.826	0.299	−0.054	0.505	0.013	−0.444	−0.324
ER	0.244	0.261	0.162	−0.436	−0.269	0.305	−0.156	0.080	0.089	−0.115	1.000	−0.640	0.107	0.459	0.069	0.072	−0.033	0.234
DER	−0.443	−0.437	−0.432	−0.339	−0.437	0.042	−0.089	−0.275	−0.420	0.826	−0.640	1.000	0.191	−0.229	0.330	−0.103	−0.368	−0.351
TI	−0.658	−0.650	−0.817	−0.395	−0.604	0.413	−0.762	0.373	0.287	0.299	0.107	0.191	1.000	0.571	0.676	−0.417	−0.867	−0.151
EPS	−0.488	−0.435	−0.565	−0.397	−0.591	0.589	−0.654	0.752	0.226	−0.054	0.459	−0.229	0.571	1.000	0.279	−0.687	−0.691	0.290
R/C	−0.228	−0.199	−0.644	−0.340	−0.494	0.555	−0.635	0.083	0.121	0.505	0.069	0.330	0.676	0.279	1.000	0.077	−0.581	−0.293
CG	0.836	0.798	0.617	0.329	0.520	−0.229	0.536	−0.657	−0.078	0.013	0.072	−0.103	−0.417	−0.687	0.077	1.000	0.653	−0.164
OC/S	0.835	0.812	0.902	0.573	0.797	−0.528	0.766	−0.470	−0.057	−0.444	−0.033	−0.368	−0.867	−0.691	−0.581	0.653	1.000	0.120
ETxR	0.138	0.209	0.272	0.032	0.040	−0.068	−0.013	0.150	0.025	−0.324	0.234	−0.351	−0.151	0.290	−0.293	−0.164	0.120	1.000

	ROA	ROSE	PM	CR	WCR	TAT	R/W	R/FA	WCT	DR	ER	DER	TI	EPS	R/C	CG	OC/S	ETxR
ROA	1.000	0.992	0.840	0.454	0.653	−0.135	0.670	−0.358	0.054	−0.338	0.244	−0.443	−0.658	−0.488	−0.228	0.836	0.835	0.138
ROSE	0.992	1.000	0.824	0.416	0.606	−0.085	0.632	−0.324	0.064	−0.322	0.261	−0.437	−0.650	−0.435	−0.199	0.798	0.812	0.209
PM	0.840	0.824	1.000	0.396	0.655	−0.493	0.770	−0.474	−0.158	−0.395	0.162	−0.432	−0.817	−0.565	−0.644	0.617	0.902	0.272
CR	0.454	0.416	0.396	1.000	0.927	−0.343	0.427	0.105	0.350	−0.738	−0.436	−0.339	−0.395	−0.397	−0.340	0.329	0.573	0.032
WCR	0.653	0.606	0.655	0.927	1.000	−0.462	0.640	−0.142	0.235	−0.726	−0.269	−0.437	−0.604	−0.591	−0.494	0.520	0.797	0.040
TAT	−0.135	−0.085	−0.493	−0.343	−0.462	1.000	−0.262	0.632	0.281	0.219	0.305	0.042	0.413	0.589	0.555	−0.229	−0.528	−0.068
R/W	0.670	0.632	0.770	0.427	0.640	−0.262	1.000	−0.324	−0.127	−0.217	−0.156	−0.089	−0.762	−0.654	−0.635	0.536	0.766	−0.013
R/FA	−0.358	−0.324	−0.474	0.105	−0.142	0.632	−0.324	1.000	0.509	−0.388	0.080	−0.275	0.373	0.752	0.083	−0.657	−0.470	0.150
WCT	0.054	0.064	−0.158	0.350	0.235	0.281	−0.127	0.509	1.000	−0.481	0.089	−0.420	0.287	0.226	0.121	−0.078	−0.057	0.025
DR	−0.338	−0.322	−0.395	−0.738	−0.726	0.219	−0.217	−0.388	−0.481	1.000	−0.115	0.826	0.299	−0.054	0.505	0.013	−0.444	−0.324
ER	0.244	0.261	0.162	−0.436	−0.269	0.305	−0.156	0.080	0.089	−0.115	1.000	−0.640	0.107	0.459	0.069	0.072	−0.033	0.234
DER	−0.443	−0.437	−0.432	−0.339	−0.437	0.042	−0.089	−0.275	−0.420	0.826	−0.640	1.000	0.191	−0.229	0.330	−0.103	−0.368	−0.351
TI	−0.658	−0.650	−0.817	−0.395	−0.604	0.413	−0.762	0.373	0.287	0.299	0.107	0.191	1.000	0.571	0.676	−0.417	−0.867	−0.151
EPS	−0.488	−0.435	−0.565	−0.397	−0.591	0.589	−0.654	0.752	0.226	−0.054	0.459	−0.229	0.571	1.000	0.279	−0.687	−0.691	0.290
R/C	−0.228	−0.199	−0.644	−0.340	−0.494	0.555	−0.635	0.083	0.121	0.505	0.069	0.330	0.676	0.279	1.000	0.077	−0.581	−0.293
CG	0.836	0.798	0.617	0.329	0.520	−0.229	0.536	−0.657	−0.078	0.013	0.072	−0.103	−0.417	−0.687	0.077	1.000	0.653	−0.164
OC/S	0.835	0.812	0.902	0.573	0.797	−0.528	0.766	−0.470	−0.057	−0.444	−0.033	−0.368	−0.867	−0.691	−0.581	0.653	1.000	0.120
ETxR	0.138	0.209	0.272	0.032	0.040	−0.068	−0.013	0.150	0.025	−0.324	0.234	−0.351	−0.151	0.290	−0.293	−0.164	0.120	1.000