Table IV Correlation matrix EQDD DIV ROA... | Emerald Publishing

Table IV

Correlation matrix

	EQDD	DIV	ROA	SALESG	BEME	SIZE	AGE
DIV	−0.056***
ROA	−0.028	0.431***
SALESG	0.101***	0.055***	0.153***
BEME	−0.034*	−0.286***	−0.334***	−0.054***
LNME	−0.041**	0.162***	0.283***	0.105***	−0.449***
AGE	−0.065***	−0.010	−0.057***	−0.067***	0.020	0.119***
LTDA	−0.045**	−0.081***	−0.176***	0.031	0.035*	0.357***	−0.055***

	EQDD	DIV	ROA	SALESG	BEME	SIZE	AGE
DIV	−0.056***
ROA	−0.028	0.431***
SALESG	0.101***	0.055***	0.153***
BEME	−0.034*	−0.286***	−0.334***	−0.054***
LNME	−0.041**	0.162***	0.283***	0.105***	−0.449***
AGE	−0.065***	−0.010	−0.057***	−0.067***	0.020	0.119***
LTDA	−0.045**	−0.081***	−0.176***	0.031	0.035*	0.357***	−0.055***

Notes: *,**,***Statistical significant at the 10, 5 and 1 percent levels, respectively