Table 2 Spearman correlations FLID BSIZE... | Emerald Publishing

Table 2

Spearman correlations

	FLID	BSIZE	BINDP	BGDIV	ADTAF	LEV	ROA	FSIZE	LAGE
FLID	1
BSIZE	0.088	1
BINDP	0.199*	−0.212*	1
BGDIV	−0.022	−0.163	0.201*	1
ADTAF	0.163	−0.138	0.053	−0.042	1
LEV	0.095	0.347*	−0.097	−0.034	0.012	1
ROA	0.205*	−0.212*	0.168*	0.212*	0.068	−0.586*	1
FSIZE	−0.017	0.362*	0.039	−0.047	0.063	0.498*	−0.359*	1
LAGE	−0.148	0.452*	−0.103	−0.204*	0.044	0.172*	−0.042	0.023	1

	FLID	BSIZE	BINDP	BGDIV	ADTAF	LEV	ROA	FSIZE	LAGE
FLID	1
BSIZE	0.088	1
BINDP	0.199*	−0.212*	1
BGDIV	−0.022	−0.163	0.201*	1
ADTAF	0.163	−0.138	0.053	−0.042	1
LEV	0.095	0.347*	−0.097	−0.034	0.012	1
ROA	0.205*	−0.212*	0.168*	0.212*	0.068	−0.586*	1
FSIZE	−0.017	0.362*	0.039	−0.047	0.063	0.498*	−0.359*	1
LAGE	−0.148	0.452*	−0.103	−0.204*	0.044	0.172*	−0.042	0.023	1

Note(s): The sample comprises of 138 firm-year observations. Spearman correlation is significant at the 5% level and denoted by *