Table 4 Pearson correlation matrix 1 2 3... | Emerald Publishing

Table 4

Pearson correlation matrix

		1	2	3	4	5	6	7
1	ln(PBT)	1.000
2	Ownership subsidiaries	0.037	1.000
3	Minorities protection index	0.060	0.033	1.000
4	C tax foreign subsidiaries	−0.041	0.411	0.053	1.000
5	ln(TangibleAssets)	0.519	0.030	−0.001	0.040	1.000
6	ln(CompExp)	0.655	0.032	0.029	−0.027	0.548	1.000
7	ln(GDP)	0.195	0.024	0.501	−0.017	0.025	0.240	1.000

		1	2	3	4	5	6	7
1	ln(PBT)	1.000
2	Ownership subsidiaries	0.037	1.000
3	Minorities protection index	0.060	0.033	1.000
4	C tax foreign subsidiaries	−0.041	0.411	0.053	1.000
5	ln(TangibleAssets)	0.519	0.030	−0.001	0.040	1.000
6	ln(CompExp)	0.655	0.032	0.029	−0.027	0.548	1.000
7	ln(GDP)	0.195	0.024	0.501	−0.017	0.025	0.240	1.000

Note(s): Correlation is measured by Pearson coefficients. Refer to Appendix for variable definitions