Table III. Descriptive statistics and... | Emerald Publishing

Table III.

Descriptive statistics and correlations matrix

Variables	Mean	SD	1	2	3	4	5	6
1. Firm industry^a	0.34	0.474	1.00
2. Firm size^b	0.74	0.440	0.201**	1.00
3. Firm age^c	2.13	0.725	0.116*	0.356**	1.00
4. Strategic planning (SP)	3.56	0.312	−0.221**	0.016	−0.107	1.00
5. Market dynamism (MD)	4.06	0.825	−0.184**	−0.012	−0.050	0.551**	1.00
6. Firm performance (FP)	4.08	1.514	−0.139*	−0.019	−0.179*	0.695**	0.412**	1.00

Variables	Mean	SD	1	2	3	4	5	6
1. Firm industry^a	0.34	0.474	1.00
2. Firm size^b	0.74	0.440	0.201**	1.00
3. Firm age^c	2.13	0.725	0.116*	0.356**	1.00
4. Strategic planning (SP)	3.56	0.312	−0.221**	0.016	−0.107	1.00
5. Market dynamism (MD)	4.06	0.825	−0.184**	−0.012	−0.050	0.551**	1.00
6. Firm performance (FP)	4.08	1.514	−0.139*	−0.019	−0.179*	0.695**	0.412**	1.00

Notes:

*

Significant at the 0.05 level (two-tailed);

**

significant at the 0.01 level (two-tailed)

Source: Field study (2017)