Table 2 Correlations No. of employees... | Emerald Publishing

Table 2

Correlations

	No. of employees	Total asset (TA)	Market cap (Mkt Cap)	Total revenue (TR)	Revenue growth (Rev Gr)	Net profits	Net profits growth (net profits Gr)	Price earnings ratio (P/E)	Price-to-book-value ratio (P/BV)	12-months return
TA	0.92**	0.921**
Mkt Cap	0.89	0.78*
TR	0.95	0.99**	0.89
Rev Gr	−0.82	−0.68	−0.63	−0.71
Net profits	0.95	0.99**	0.81*	0.99**	−0.72
Net profits Gr	−0.50	0.26	−0.53	−0.52	0.07	−0.45
P/E	−0.44	−0.63	−0.27	−0.59	0.20	−0.58	0.45
P/BV	0.12	−0.27	0.13	−0.18	−0.31	−0.16	0.13	0.27
12-months return	−0.48	−0.56	−0.43	−0.54	0.60	−0.53	−0.01	0.84*	−0.03
6-months return	−0.54	−0.65	−0.45	−0.60	0.69	−0.63	−0.15	0.85*	0.30	0.33

	No. of employees	Total asset (TA)	Market cap (Mkt Cap)	Total revenue (TR)	Revenue growth (Rev Gr)	Net profits	Net profits growth (net profits Gr)	Price earnings ratio (P/E)	Price-to-book-value ratio (P/BV)	12-months return
TA	0.92**	0.921**
Mkt Cap	0.89	0.78*
TR	0.95	0.99**	0.89
Rev Gr	−0.82	−0.68	−0.63	−0.71
Net profits	0.95	0.99**	0.81*	0.99**	−0.72
Net profits Gr	−0.50	0.26	−0.53	−0.52	0.07	−0.45
P/E	−0.44	−0.63	−0.27	−0.59	0.20	−0.58	0.45
P/BV	0.12	−0.27	0.13	−0.18	−0.31	−0.16	0.13	0.27
12-months return	−0.48	−0.56	−0.43	−0.54	0.60	−0.53	−0.01	0.84*	−0.03
6-months return	−0.54	−0.65	−0.45	−0.60	0.69	−0.63	−0.15	0.85*	0.30	0.33

Source(s): Authors' own