Table 3 Correlation matrix RISK1 RISK2... | Emerald Publishing

Table 3

Correlation matrix

	RISK1	RISK2	NON_EX	FSIZE	PB	STDEBT	CAPEX	CASH
NON_EX	−0.057	−0.033
FSIZE	−0.379	−0.449	0.122
PB	0.041	0.028	0.010	0.054
STDEBT	−0.006	0.053	−0.012	−0.326	0.032
CAPEX	0.121	0.045	−0.028	0.036	0.117	−0.163
CASH	−0.092	−0.078	0.066	−0.012	0.159	0.167	−0.012
DIV	−0.199	−0.202	0.058	−0.084	0.282	0.176	−0.003	0.362

	RISK1	RISK2	NON_EX	FSIZE	PB	STDEBT	CAPEX	CASH
NON_EX	−0.057	−0.033
FSIZE	−0.379	−0.449	0.122
PB	0.041	0.028	0.010	0.054
STDEBT	−0.006	0.053	−0.012	−0.326	0.032
CAPEX	0.121	0.045	−0.028	0.036	0.117	−0.163
CASH	−0.092	−0.078	0.066	−0.012	0.159	0.167	−0.012
DIV	−0.199	−0.202	0.058	−0.084	0.282	0.176	−0.003	0.362

Note(s): Variables are defined the same as in Table 2