Correlation table
| Variables | medianeg | mediapos | CEOpay | CEOtenHigh | Duality | profit_medIn | SIZE | LEV | EPS | Ind | CurAsRa | TAturnover |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| medianeg | 1 | |||||||||||
| mediapos | 0.780*** | 1 | ||||||||||
| CEOpay | 0.212*** | 0.308*** | 1 | |||||||||
| CEOtenHigh | –0.006 | 0.03 | 0.009 | 1 | ||||||||
| Duality | –0.022 | –0.006 | –0.050* | 0.205*** | 1 | |||||||
| profit_medIn | 0.060** | 0.241*** | 0.288*** | –0.008 | –0.042 | 1 | ||||||
| SIZE | 0.334*** | 0.424*** | 0.456*** | 0.013 | –0.096*** | 0.498*** | 1 | |||||
| LEV | 0.110*** | 0.119*** | 0.142*** | –0.082*** | –0.079*** | 0.078*** | 0.466*** | 1 | ||||
| EPS | 0 | 0.153*** | 0.271*** | –0.093*** | –0.012 | 0.510*** | 0.234*** | –0.089*** | 1 | |||
| Ind | 0.034 | 0.033 | –0.045 | 0.041 | 0.124*** | 0.009 | –0.069** | –0.036 | –0.052* | 1 | ||
| CurAsRa | –0.154*** | –0.064** | 0.001 | –0.015 | 0.018 | 0.069** | –0.083*** | –0.035 | 0.189*** | 0.026 | 1 | |
| TAturnover | –0.02 | 0.002 | 0.036 | 0.001 | –0.002 | 0.113*** | 0.039 | 0.151*** | 0.135*** | –0.033 | 0.135*** | 1 |
| Variables | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ||||||||||||
| 0.780 | 1 | |||||||||||
| 0.212 | 0.308 | 1 | ||||||||||
| –0.006 | 0.03 | 0.009 | 1 | |||||||||
| –0.022 | –0.006 | –0.050 | 0.205 | 1 | ||||||||
| 0.060 | 0.241 | 0.288 | –0.008 | –0.042 | 1 | |||||||
| 0.334 | 0.424 | 0.456 | 0.013 | –0.096 | 0.498 | 1 | ||||||
| 0.110 | 0.119 | 0.142 | –0.082 | –0.079 | 0.078 | 0.466 | 1 | |||||
| 0 | 0.153 | 0.271 | –0.093 | –0.012 | 0.510 | 0.234 | –0.089 | 1 | ||||
| 0.034 | 0.033 | –0.045 | 0.041 | 0.124 | 0.009 | –0.069 | –0.036 | –0.052 | 1 | |||
| –0.154 | –0.064 | 0.001 | –0.015 | 0.018 | 0.069 | –0.083 | –0.035 | 0.189 | 0.026 | 1 | ||
| –0.02 | 0.002 | 0.036 | 0.001 | –0.002 | 0.113 | 0.039 | 0.151 | 0.135 | –0.033 | 0.135 | 1 |
Notes:
p < 0.10;
p < 0.05;
p < 0.01
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