Table 4. Correlation matrix and VIF... | Emerald Publishing

Table 4.

Correlation matrix and VIF coefficients

Variables	ESI	CUST_P	EMP_P	SUP_P	SHR_P	FAGE	FSIZE	FLEV	ROA	BSIZE	BIND	CEOD
Panel A: Pearson correlation
ESI_log	1
CUST_P	0.183*	1
EMP_P	0.377*	−0.060*	1
SUP_P	0.053*	−0.083*	−0.035*	1
SHR_P	0.145*	−0.067*	0.209*	0.073*	1
FAGE	0.124*	−0.042*	0.256*	0.038*	−0.198*	1
FSIZE	0.512*	−0.182*	0.774*	0.025	0.240*	0.361*	1
FLEV	0.282*	−0.217*	0.391*	0.017	−0.014	0.325*	0.507*	1
ROA	0.013	0.063*	0.018	0.018	0.164*	−0.162*	−0.002	−0.395*	1
BSIZE	0.152*	−0.055*	0.237*	0.004	0.060*	0.118*	0.261*	0.193*	−0.016	1
BIND	−0.020	0.002	0.024	0.012	0.054*	−0.006	0.044*	−0.003	−0.013	−0.479*	1
CEOD	−0.044*	0.048*	−0.147*	−0.015	−0.024	−0.195*	−0.158*	−0.127*	0.040*	−0.166*	0.092*	1
Panel B: VIF value
		CUST_P	EMP_P	SUP_P	SHR_P	FAGE	FSIZE	FLEV	ROA	BSIZE	BIND	CEOD
		1.09	2.58	1.02	1.22	1.34	3.33	1.78	1.29	1.47	1.36	1.07

Variables	ESI	CUST_P	EMP_P	SUP_P	SHR_P	FAGE	FSIZE	FLEV	ROA	BSIZE	BIND	CEOD
Panel A: Pearson correlation
ESI_log	1
CUST_P	0.183*	1
EMP_P	0.377*	−0.060*	1
SUP_P	0.053*	−0.083*	−0.035*	1
SHR_P	0.145*	−0.067*	0.209*	0.073*	1
FAGE	0.124*	−0.042*	0.256*	0.038*	−0.198*	1
FSIZE	0.512*	−0.182*	0.774*	0.025	0.240*	0.361*	1
FLEV	0.282*	−0.217*	0.391*	0.017	−0.014	0.325*	0.507*	1
ROA	0.013	0.063*	0.018	0.018	0.164*	−0.162*	−0.002	−0.395*	1
BSIZE	0.152*	−0.055*	0.237*	0.004	0.060*	0.118*	0.261*	0.193*	−0.016	1
BIND	−0.020	0.002	0.024	0.012	0.054*	−0.006	0.044*	−0.003	−0.013	−0.479*	1
CEOD	−0.044*	0.048*	−0.147*	−0.015	−0.024	−0.195*	−0.158*	−0.127*	0.040*	−0.166*	0.092*	1
Panel B: VIF value
		CUST_P	EMP_P	SUP_P	SHR_P	FAGE	FSIZE	FLEV	ROA	BSIZE	BIND	CEOD
		1.09	2.58	1.02	1.22	1.34	3.33	1.78	1.29	1.47	1.36	1.07

Notes:

***p < 0.01; **p < 0.05; *p < 0.1

Source: Authors’ own work