Correlation between variables in the model
| fund_g~h | board_~e | fund_age | fees | open_f~d | foreign | eco_gr~h | fin_dev | |
|---|---|---|---|---|---|---|---|---|
| fund_growth | 1.0000 | |||||||
| board_size | −0.1951 | 1.0000 | ||||||
| fund_age | −0.2587 | 0.0100 | 1.0000 | |||||
| fees | 0.0722 | 0.0433 | −0.0296 | 1.0000 | ||||
| open_fund | 0.3130 | 0.1641 | 0.0192 | 0.3084 | 1.0000 | |||
| foreign | −0.3137 | 0.0595 | 0.4953 | 0.0658 | 0.0807 | 1.0000 | ||
| eco_growth | −0.4962 | 0.0374 | 0.1046 | −0.0092 | −0.0160 | −0.0193 | 1.0000 | |
| fin_dev | 0.4962 | −0.0374 | −0.1046 | 0.0092 | 0.0160 | 0.0193 | −1.0000 | 1.0000 |
| fund_g~h | board_~e | fund_age | fees | open_f~d | foreign | eco_gr~h | fin_dev | |
|---|---|---|---|---|---|---|---|---|
| fund_growth | 1.0000 | |||||||
| board_size | −0.1951 | 1.0000 | ||||||
| fund_age | −0.2587 | 0.0100 | 1.0000 | |||||
| fees | 0.0722 | 0.0433 | −0.0296 | 1.0000 | ||||
| open_fund | 0.3130 | 0.1641 | 0.0192 | 0.3084 | 1.0000 | |||
| foreign | −0.3137 | 0.0595 | 0.4953 | 0.0658 | 0.0807 | 1.0000 | ||
| eco_growth | −0.4962 | 0.0374 | 0.1046 | −0.0092 | −0.0160 | −0.0193 | 1.0000 | |
| fin_dev | 0.4962 | −0.0374 | −0.1046 | 0.0092 | 0.0160 | 0.0193 | −1.0000 | 1.0000 |
Source: Author’s calculation