Table 3 Summary of correlations Paper...

Table 3

Summary of correlations

Paper	Unattenuated correlation	Number of firms	Reliability SCA	Reliability P/CA	Type of correlation	Correlations reported
Abdallah et al. (2021)	0.54	284	0.85	0.86	Unattenuated	0.54
Abdelilah et al. (2021)	0.56	112	0.91	0.88	Attenuated	0.50
Alam et al. (2019)	0.28	250	0.83	0.80	Unattenuated	0.28
Aljumah (2022)	0.75	283	0.89	0.83	Attenuated	0.65
Al-Shboul (2017)	0.36	113	0.84	0.83	Unattenuated	0.36
Altay et al. (2018)	−0.01	335	0.93	0.92	Attenuated	−0.01
Alzoubi and Yanamandra (2020)	0.65	132	0.86	0.86	Attenuated	0.56
Ariadi et al. (2021)	0.56	139	0.99	0.98	Attenuated	0.55
Attia (2015)	0.60	153	0.97	0.85	Unattenuated	0.60
Avelar-Sosa et al. (2018)	0.64	225	0.87	0.71	Attenuated	0.51
Ayoub and Abdallah (2019)	0.27	290	0.85	0.74	Unattenuated	0.27
Baah et al. (2022)	0.72	175	0.82	0.83	Attenuated	0.60
Blome et al. (2013)	0.55	121	0.79	0.79	Attenuated	0.43
Cadden et al. (2022)	0.33	201	0.92	0.97	Unattenuated	0.33
Chan et al. (2017)	0.62	141	0.87	0.74	Unattenuated	0.62
Chen (2019)	0.51	204	0.93	0.87	Unattenuated	0.51
Eckstein et al. (2015)	0.46	143		0.78	Unattenuated	0.46
Fernandez-Giordano et al. (2021)	0.35	190	0.91	0.85	Unattenuated	0.35
Fosso Wamba and Akter (2019)	0.58	281	0.95	0.95	Attenuated	0.55
Garcia-Alcaraz et al. (2017)	0.79	306	0.81	0.82	Attenuated	0.65
Geyi et al. (2020)	0.64	311	0.88	0.91	Unattenuated	0.64
Girdwichai and Somjai (2019)	0.80	310	0.93	0.83	Attenuated	0.71
Gligor (2016)	0.45	242	0.80		Attenuated	0.37
Gligor and Holcomb (2012b)	0.22	151	0.93	0.84	Attenuated	0.19
Gligor et al. (2020)	0.55	182	0.91	0.94	Attenuated	0.51
Gligor et al. (2022)	0.34	237	0.81	0.82	Unattenuated	0.34
Gligor et al. (2015)	0.35	283	0.94		Unattenuated	0.35
Hu et al. (2022)	0.26	308	0.97	0.96	Unattenuated	0.26
Hwang and Kim (2019)	0.40	279	0.91	0.91	Unattenuated	0.40
Irfan et al. (2019)	0.60	148	0.83	0.88	Attenuated	0.51
Jafari et al. (2021)	0.90	369	0.94	0.95	Attenuated	0.85
Jamjumrus and Sritragool (2019)	0.56	272	0.91	0.90	Unattenuated	0.56
Jermsittiparsert et al. (2019a)	0.60	298	0.92	0.93	Attenuated	0.55
Jermsittiparsert et al. (2019b)	0.83	499	0.94	0.93	Attenuated	0.78
Kabra and Ramesh (2016)	0.75	193	0.93	0.81	Attenuated	0.65
Khan et al. (2023)	0.60	146	0.79	0.80	Attenuated	0.48
Khan et al. (2022)	0.49	163	0.92	0.88	Attenuated	0.44
Liu et al. (2013)	0.54	286	0.86	0.84	Unattenuated	0.54
Machuca et al. (2021)-Developed sub-sample	0.28	169		0.67	Attenuated	0.21
Machuca et al. (2021)-Developing sub-sample	0.61	135		0.67	Attenuated	0.46
Mandal (2016)	0.32	177	0.92	0.84	Unattenuated	0.32
Mandal (2018)	0.47	212	0.90	0.88	Unattenuated	0.47
Mandal and Dubey (2020)	0.32	302	0.88	0.90	Unattenuated	0.32
Manzoor et al. (2022)	0.99	180	0.86	0.89	Attenuated	0.87
Martinez-Sanchez and Lahoz-Leo (2018)	0.52	231	0.94	0.94	Unattenuated	0.52
Mirghafoori et al. (2017)	0.14	74	0.81	0.70	Attenuated	0.11
Muneer (2019)	0.73	231	0.98	0.90	Attenuated	0.69
Najar (2022)	0.68	125	0.88	0.75	Attenuated	0.55
Nath and Agrawal (2020)	0.54	311	0.96	0.90	Unattenuated	0.54
Nazempour et al. (2018)	0.64	500	0.78	0.82	Unattenuated	0.64
Panigrahi et al. (2022)	0.45	398	0.78	0.77	Attenuated	0.35
Prawira et al. (2019)	0.52	560	0.93	0.83	Unattenuated	0.52
Ramos et al. (2023)	0.54	98	0.80	0.86	Unattenuated	0.54
Riquelme-Medina et al. (2022)	0.45	214	0.91	0.88	Unattenuated	0.45
Samdantsoodol et al. (2017)	0.67	205	0.91	0.92	Unattenuated	0.67
Sangari and Razmi (2015)	0.66	184	0.82	0.84	Unattenuated	0.66
Tarafdar and Qrunfleh (2016)	0.35	205	0.92	0.84	Unattenuated	0.35
Tse et al. (2016)	0.28	266	0.74	0.87	Unattenuated	0.28
Um (2017)	0.30	156	0.88	0.73	Unattenuated	0.30
Umam and Sommanawat (2019)	0.75	94	0.89	0.92	Attenuated	0.68
Whitten et al. (2012)	0.48	132	0.81	0.91	Attenuated	0.41
Yang (2014)	0.44	137	0.86	0.79	Unattenuated	0.44
Zakir et al. (2022)	0.46	200	0.79	0.88	Unattenuated	0.46
Zhu and Gao (2021)	0.72	208	0.92	0.91	Unattenuated	0.72

Paper	Unattenuated correlation	Number of firms	Reliability SCA	Reliability P/CA	Type of correlation	Correlations reported
Abdallah et al. (2021)	0.54	284	0.85	0.86	Unattenuated	0.54
Abdelilah et al. (2021)	0.56	112	0.91	0.88	Attenuated	0.50
Alam et al. (2019)	0.28	250	0.83	0.80	Unattenuated	0.28
Aljumah (2022)	0.75	283	0.89	0.83	Attenuated	0.65
Al-Shboul (2017)	0.36	113	0.84	0.83	Unattenuated	0.36
Altay et al. (2018)	−0.01	335	0.93	0.92	Attenuated	−0.01
Alzoubi and Yanamandra (2020)	0.65	132	0.86	0.86	Attenuated	0.56
Ariadi et al. (2021)	0.56	139	0.99	0.98	Attenuated	0.55
Attia (2015)	0.60	153	0.97	0.85	Unattenuated	0.60
Avelar-Sosa et al. (2018)	0.64	225	0.87	0.71	Attenuated	0.51
Ayoub and Abdallah (2019)	0.27	290	0.85	0.74	Unattenuated	0.27
Baah et al. (2022)	0.72	175	0.82	0.83	Attenuated	0.60
Blome et al. (2013)	0.55	121	0.79	0.79	Attenuated	0.43
Cadden et al. (2022)	0.33	201	0.92	0.97	Unattenuated	0.33
Chan et al. (2017)	0.62	141	0.87	0.74	Unattenuated	0.62
Chen (2019)	0.51	204	0.93	0.87	Unattenuated	0.51
Eckstein et al. (2015)	0.46	143		0.78	Unattenuated	0.46
Fernandez-Giordano et al. (2021)	0.35	190	0.91	0.85	Unattenuated	0.35
Fosso Wamba and Akter (2019)	0.58	281	0.95	0.95	Attenuated	0.55
Garcia-Alcaraz et al. (2017)	0.79	306	0.81	0.82	Attenuated	0.65
Geyi et al. (2020)	0.64	311	0.88	0.91	Unattenuated	0.64
Girdwichai and Somjai (2019)	0.80	310	0.93	0.83	Attenuated	0.71
Gligor (2016)	0.45	242	0.80		Attenuated	0.37
Gligor and Holcomb (2012b)	0.22	151	0.93	0.84	Attenuated	0.19
Gligor et al. (2020)	0.55	182	0.91	0.94	Attenuated	0.51
Gligor et al. (2022)	0.34	237	0.81	0.82	Unattenuated	0.34
Gligor et al. (2015)	0.35	283	0.94		Unattenuated	0.35
Hu et al. (2022)	0.26	308	0.97	0.96	Unattenuated	0.26
Hwang and Kim (2019)	0.40	279	0.91	0.91	Unattenuated	0.40
Irfan et al. (2019)	0.60	148	0.83	0.88	Attenuated	0.51
Jafari et al. (2021)	0.90	369	0.94	0.95	Attenuated	0.85
Jamjumrus and Sritragool (2019)	0.56	272	0.91	0.90	Unattenuated	0.56
Jermsittiparsert et al. (2019a)	0.60	298	0.92	0.93	Attenuated	0.55
Jermsittiparsert et al. (2019b)	0.83	499	0.94	0.93	Attenuated	0.78
Kabra and Ramesh (2016)	0.75	193	0.93	0.81	Attenuated	0.65
Khan et al. (2023)	0.60	146	0.79	0.80	Attenuated	0.48
Khan et al. (2022)	0.49	163	0.92	0.88	Attenuated	0.44
Liu et al. (2013)	0.54	286	0.86	0.84	Unattenuated	0.54
Machuca et al. (2021)-Developed sub-sample	0.28	169		0.67	Attenuated	0.21
Machuca et al. (2021)-Developing sub-sample	0.61	135		0.67	Attenuated	0.46
Mandal (2016)	0.32	177	0.92	0.84	Unattenuated	0.32
Mandal (2018)	0.47	212	0.90	0.88	Unattenuated	0.47
Mandal and Dubey (2020)	0.32	302	0.88	0.90	Unattenuated	0.32
Manzoor et al. (2022)	0.99	180	0.86	0.89	Attenuated	0.87
Martinez-Sanchez and Lahoz-Leo (2018)	0.52	231	0.94	0.94	Unattenuated	0.52
Mirghafoori et al. (2017)	0.14	74	0.81	0.70	Attenuated	0.11
Muneer (2019)	0.73	231	0.98	0.90	Attenuated	0.69
Najar (2022)	0.68	125	0.88	0.75	Attenuated	0.55
Nath and Agrawal (2020)	0.54	311	0.96	0.90	Unattenuated	0.54
Nazempour et al. (2018)	0.64	500	0.78	0.82	Unattenuated	0.64
Panigrahi et al. (2022)	0.45	398	0.78	0.77	Attenuated	0.35
Prawira et al. (2019)	0.52	560	0.93	0.83	Unattenuated	0.52
Ramos et al. (2023)	0.54	98	0.80	0.86	Unattenuated	0.54
Riquelme-Medina et al. (2022)	0.45	214	0.91	0.88	Unattenuated	0.45
Samdantsoodol et al. (2017)	0.67	205	0.91	0.92	Unattenuated	0.67
Sangari and Razmi (2015)	0.66	184	0.82	0.84	Unattenuated	0.66
Tarafdar and Qrunfleh (2016)	0.35	205	0.92	0.84	Unattenuated	0.35
Tse et al. (2016)	0.28	266	0.74	0.87	Unattenuated	0.28
Um (2017)	0.30	156	0.88	0.73	Unattenuated	0.30
Umam and Sommanawat (2019)	0.75	94	0.89	0.92	Attenuated	0.68
Whitten et al. (2012)	0.48	132	0.81	0.91	Attenuated	0.41
Yang (2014)	0.44	137	0.86	0.79	Unattenuated	0.44
Zakir et al. (2022)	0.46	200	0.79	0.88	Unattenuated	0.46
Zhu and Gao (2021)	0.72	208	0.92	0.91	Unattenuated	0.72

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