Table 4 Correlations matrix ROA ROE DCI... | Emerald Publishing

Table 4

Correlations matrix

	ROA	ROE	DCI	BOD-index	AC-index	SSB-index	SIZE	LEV	AGE
ROE	0.01	1
DCI	−0.19***	−0.12**	1
BOD-index	0.06	−0.01	0.21***	1
AC-index	0.06	−0.09*	0.40***	0.41***	1
SSB-index	0.01	−0.01	0.30***	0.43***	0.52***	1
SIZE	−0.12**	−0.2***	0.14*	0.39***	0.28***	0.32***	1
LEV	0.007	0.08	−0.20***	−0.22***	−0.12**	−0.09*	−0.21***	1
AGE	0.11**	−0.006	0.005	0.16**	0.04	0.26***	0.29***	−0.09*	1
VIF			1.31	1.45	1.66	1.64	1.34	1.15	1.17

	ROA	ROE	DCI	BOD-index	AC-index	SSB-index	SIZE	LEV	AGE
ROE	0.01	1
DCI	−0.19***	−0.12**	1
BOD-index	0.06	−0.01	0.21***	1
AC-index	0.06	−0.09*	0.40***	0.41***	1
SSB-index	0.01	−0.01	0.30***	0.43***	0.52***	1
SIZE	−0.12**	−0.2***	0.14*	0.39***	0.28***	0.32***	1
LEV	0.007	0.08	−0.20***	−0.22***	−0.12**	−0.09*	−0.21***	1
AGE	0.11**	−0.006	0.005	0.16**	0.04	0.26***	0.29***	−0.09*	1
VIF			1.31	1.45	1.66	1.64	1.34	1.15	1.17

Note(s): ***, ** and *, indicates significant at 1%, 5% and 10% levels, respectively