Table 3.

Descriptive statistics and correlations*

VariablesMeanSD123456789
MM3.730.461.0        
ITCAP3.390.590.53**1.0       
Creativity and excellence3.250.670.64**0.29**1.0      
Take risks3.400.750.52**0.130.60**1.0     
Proactiveness3.660.560.63**0.33**0.59**0.47**1.0    
Independence3.160.610.47**0.41**0.56**0.53**0.47**1.0   
Firm size4.620.78−0.29**−0.18*−0.21**−0.00−0.32**−0.26**1.0  
Firm age3.661.55−0.17*−0.06−0.20*−0.03−0.26**−0.16*0.83**1.0 
Bank sector1.450.490.10−0.000.070.020.080.04−0.46**−0.38**1

Notes:

**The correlation is significant at the 0.01 level (bilateral); * The correlation is significant at the 0.05 level (bilateral)

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