Table 2 Correlation matrix for the major...

Table 2

Correlation matrix for the major variables modified by the efficiency ratio (employee KPIs)

Variables	HQS pre-pandemic	Variables	HQS during the pandemic
Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$	Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$
1. Results in finance $(\frac{F}{E K P I s})$	0.63***	1. Results in finance $(\frac{F}{E K P I s})$	0.53***
2. Results in quality $(\frac{Q}{E K P I s})$	0.55***	2. Results in quality $(\frac{Q}{E K P I s})$	0.55***
3. Results in innovativeness $(\frac{I}{E K P I s})$	0.55***	3. Results in innovativeness $(\frac{I}{E K P I s})$	0.47***
4. Results in HRM $(\frac{H R M}{E K P I s})$	0.58***	4. Results in HRM $(\frac{H R M}{E K P I s})$	0.52***

Variables	HQS pre-pandemic	Variables	HQS during the pandemic
Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$	Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$
1. Results in finance $(\frac{F}{E K P I s})$	0.63***	1. Results in finance $(\frac{F}{E K P I s})$	0.53***
2. Results in quality $(\frac{Q}{E K P I s})$	0.55***	2. Results in quality $(\frac{Q}{E K P I s})$	0.55***
3. Results in innovativeness $(\frac{I}{E K P I s})$	0.55***	3. Results in innovativeness $(\frac{I}{E K P I s})$	0.47***
4. Results in HRM $(\frac{H R M}{E K P I s})$	0.58***	4. Results in HRM $(\frac{H R M}{E K P I s})$	0.52***

Variables	Foreign subsidiaries pre-pandemic	Variables	Foreign subsidiaries during the pandemic
Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$	Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$
1. Results in finance $(\frac{F}{E K P I s})$	0.39***	1. Results in finance $(\frac{F}{E K P I s})$	0.40***
2. Results in quality $(\frac{Q}{E K P I s})$	0.36***	2. Results in quality $(\frac{Q}{E K P I s})$	0.42***
3. Results in innovativeness $(\frac{I}{E K P I s})$	0.27***	3. Results in innovativeness $(\frac{I}{E K P I s})$	0.39***
4. Results in HRM $(\frac{H R M}{E K P I s})$	0.37***	4. Results in HRM $(\frac{H R M}{E K P I s})$	0.38***

Variables	Foreign subsidiaries pre-pandemic	Variables	Foreign subsidiaries during the pandemic
Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$	Variables	Advancement level of SEWE&JS $(\frac{A L_S E W E & J S}{E K P I s})$
1. Results in finance $(\frac{F}{E K P I s})$	0.39***	1. Results in finance $(\frac{F}{E K P I s})$	0.40***
2. Results in quality $(\frac{Q}{E K P I s})$	0.36***	2. Results in quality $(\frac{Q}{E K P I s})$	0.42***
3. Results in innovativeness $(\frac{I}{E K P I s})$	0.27***	3. Results in innovativeness $(\frac{I}{E K P I s})$	0.39***
4. Results in HRM $(\frac{H R M}{E K P I s})$	0.37***	4. Results in HRM $(\frac{H R M}{E K P I s})$	0.38***

Note(s): *Correlations significant at p < 0.05; **correlations significant at p < 0.01; ***correlations significant at p < 0.001

Source(s): Own empirical research

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