Table 2

Cronbach’s alpha results

rnCronbach’s alpha
CGI0.198200.832
BCS0.190120.738
AAS0.36840.700
RMS0.38040.710

Notes:

Table reports average correlation among elements (r); number of corporate governance variables (n); and Cronbach’s alpha (α) across the elements in the corporate governance index (CGI), board characteristics subindex (BCS), accounting and auditing subindex (AAS) and the risk management subindex (RMS)

Source: Authors’ own creation

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