Table 3 Correlation matrix RoA CSR (lag)... | Emerald Publishing

Table 3

Correlation matrix

	RoA	CSR (lag)	Age	lnSize	Tobin’s Q	Ownership	Promoter	Liquidity	Tangibility	lnCFO	Leverage
RoA	1
CSR (lag)	−0.212	1
Age	−0.027	0.016	1
lnSize	−0.001	−0.024	0.221	1
Tobin’s Q	0.174	−0.027	−0.007	0.065	1
Ownership	−0.033	0.003	0.102	0.352	−0.031	1
Promoter	−0.020	0.008	0.006	−0.098	0.082	0.028	1
Liquidity	0.273	−0.018	−0.004	−0.130	0.003	−0.022	0.018	1
Tangibility	−0.106	0.031	0.111	0.256	−0.003	0.067	−0.037	−0.201	1
lnCFO	0.157	−0.045	0.188	0.883	0.089	0.302	−0.089	−0.133	0.262	1
Leverage	−0.272	0.022	−0.031	0.187	−0.037	0.069	−0.029	−0.198	0.393	0.164	1

	RoA	CSR (lag)	Age	lnSize	Tobin’s Q	Ownership	Promoter	Liquidity	Tangibility	lnCFO	Leverage
RoA	1
CSR (lag)	−0.212	1
Age	−0.027	0.016	1
lnSize	−0.001	−0.024	0.221	1
Tobin’s Q	0.174	−0.027	−0.007	0.065	1
Ownership	−0.033	0.003	0.102	0.352	−0.031	1
Promoter	−0.020	0.008	0.006	−0.098	0.082	0.028	1
Liquidity	0.273	−0.018	−0.004	−0.130	0.003	−0.022	0.018	1
Tangibility	−0.106	0.031	0.111	0.256	−0.003	0.067	−0.037	−0.201	1
lnCFO	0.157	−0.045	0.188	0.883	0.089	0.302	−0.089	−0.133	0.262	1
Leverage	−0.272	0.022	−0.031	0.187	−0.037	0.069	−0.029	−0.198	0.393	0.164	1

Source(s): Authors’ analysis