Table 1 Descriptive statistics and...

Table 1

Descriptive statistics and correlations of the study variables

Variables	μ	σ²	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17
1. ENVPERF	3.6786	1.3663	1.000
2. ROA	3.8611	0.9955	0.197***	1.000
3. SIZE	28.5657	127.8244	0.158***	0.115***	1.000
4. AGE	1990.3817	20.6166	−0.086***	−0.008	−0.038	1.000
5. TANRES	2004.4408	4.5763	−0.046	0.040	−0.013	0.175***	1.000
6. DEF	0.3422	0.4747	−0.092***	−0.029	−0.037	0.023	0.066**	1.000
7. PROS	0.0682	0.2522	0.084**	0.113***	0.011	−0.015	0.028	−0.195***	1.000
8. ANAL	0.3463	0.4760	0.156***	0.080**	0.018	−0.066**	0.037	−0.525***	−0.197***	1.000
9. QMCERT	0.1719	0.4014	0.166***	0.092***	0.074**	−0.111***	0.022	0.002	0.235***	0.053*	1.000
10. HIERARC	1.8163	0.9140	0.001	0.065**	0.164***	−0.049*	0.089***	−0.023	0.049*	0.100***	0.073**	1.000
11. HOTEL	0.3061	0.4612	0.125***	0.088**	0.167***	−0.142***	0.034	−0.057*	0.131***	0.053*	0.166***	0.171***	1.000
12. RESTA	0.4064	0.4914	−0.138***	−0.077**	−0.106***	0.040	0.026	0.097**	−0.094***	0.016	−0.090***	−0.074**	−0.550***	1.000
13. TOUR	0.0976	0.2969	0.096***	0.024	−0.034	0.079**	0.011	−0.009	0.018	−0.012	−0.075**	−0.034	−0.218***	−0.272***	1.000
14. TRANS	0.0441	0.2054	0.089***	0.033	0.038	−0.007	−0.044	−0.004	−0.058*	0.049*	0.062**	−0.027	−0.143***	−0.178***	−0.071**	1.000
15. DYNCAP	0.0000	0.9147	0.372***	0.209***	0.101***	0.026	0.039	−0.168***	0.236***	0.194***	0.184***	0.120***	0.128***	−0.170***	0.119***	0.012	1.000
16. INVOLTMT	0.0000	0.9865	−0.128***	−0.090***	−0.177***	0.150***	0.084**	−0.024	−0.006	−0.068**	−0.109***	−0.117***	−0.201***	0.117***	0.109***	−0.041	−0.057*	1.000
17. LTO	0.0000	0.7188	0.096***	0.006	0.034***	−0.075**	0.031	−0.011	−0.030	0.059*	0.033	0.008	0.048*	−0.071**	0.028	0.006	0.074**	−0.015	1.000

Variables	μ	σ²	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17
1. ENVPERF	3.6786	1.3663	1.000
2. ROA	3.8611	0.9955	0.197***	1.000
3. SIZE	28.5657	127.8244	0.158***	0.115***	1.000
4. AGE	1990.3817	20.6166	−0.086***	−0.008	−0.038	1.000
5. TANRES	2004.4408	4.5763	−0.046	0.040	−0.013	0.175***	1.000
6. DEF	0.3422	0.4747	−0.092***	−0.029	−0.037	0.023	0.066**	1.000
7. PROS	0.0682	0.2522	0.084**	0.113***	0.011	−0.015	0.028	−0.195***	1.000
8. ANAL	0.3463	0.4760	0.156***	0.080**	0.018	−0.066**	0.037	−0.525***	−0.197***	1.000
9. QMCERT	0.1719	0.4014	0.166***	0.092***	0.074**	−0.111***	0.022	0.002	0.235***	0.053*	1.000
10. HIERARC	1.8163	0.9140	0.001	0.065**	0.164***	−0.049*	0.089***	−0.023	0.049*	0.100***	0.073**	1.000
11. HOTEL	0.3061	0.4612	0.125***	0.088**	0.167***	−0.142***	0.034	−0.057*	0.131***	0.053*	0.166***	0.171***	1.000
12. RESTA	0.4064	0.4914	−0.138***	−0.077**	−0.106***	0.040	0.026	0.097**	−0.094***	0.016	−0.090***	−0.074**	−0.550***	1.000
13. TOUR	0.0976	0.2969	0.096***	0.024	−0.034	0.079**	0.011	−0.009	0.018	−0.012	−0.075**	−0.034	−0.218***	−0.272***	1.000
14. TRANS	0.0441	0.2054	0.089***	0.033	0.038	−0.007	−0.044	−0.004	−0.058*	0.049*	0.062**	−0.027	−0.143***	−0.178***	−0.071**	1.000
15. DYNCAP	0.0000	0.9147	0.372***	0.209***	0.101***	0.026	0.039	−0.168***	0.236***	0.194***	0.184***	0.120***	0.128***	−0.170***	0.119***	0.012	1.000
16. INVOLTMT	0.0000	0.9865	−0.128***	−0.090***	−0.177***	0.150***	0.084**	−0.024	−0.006	−0.068**	−0.109***	−0.117***	−0.201***	0.117***	0.109***	−0.041	−0.057*	1.000
17. LTO	0.0000	0.7188	0.096***	0.006	0.034***	−0.075**	0.031	−0.011	−0.030	0.059*	0.033	0.008	0.048*	−0.071**	0.028	0.006	0.074**	−0.015	1.000

Note(s): *** Correlation significant at the 0.01 level (bilateral)

** Correlation significant at the 0.05 level (bilateral)

* Correlation significant at the 0.1 level (bilateral)

Source(s): Authors' own elaboration

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