Table 4 Pearson correlations Variables... | Emerald Publishing

Table 4

Pearson correlations

Variables	ESG_perf	ENV_perf	SOC_perf	GOV_perf	%B_GEq	nB_GEq	massB_GEq	B_size	B_ind	CSR_com	SIZE	ROE	LEV	Gov_mod	VIF
ESG_perf	1.000	0.678**	0.792**	0.625**	−0.055	−0.005	−0.004	0.216**	−0.020	0.022**	0.339**	−0.024	−0.137**	0.013**
ENV_perf		1.000	0.701**	0.702**	−0.100**	−0.062	−0.073	0.175**	0.035	0.099**	0.287**	−0.046	−0.140**	0.034***
SOC_perf			1.000	0.609**	−0.005	0.027	0.032	0.143**	0.042	0.072**	0.195**	−0.004	−0.166**	0.092***
GOV_perf				1.000	−0.018	0.019	0.021	0.167**	0.017	0.177**	0.385**	−0.088*	−0.088*	0.103***
%B_GEq					1.000	0.729**	0.704**	−0.115**	0.154**	0.256**	0.027	−0.030	0.006	0.144**	1.132
nB_GEq						1.000	0.711*	0.205**	0.142**	0.228**	0.061	−0.072	0.027	−0.099	1.076
massB_GEq							1.000	0.201**	0.151**	0.221**	0.069	−0.074	0.0029	−0.065	1.089
B_size								1.000	−0.029	0.050	0.287**	−0.103**	0.015	−0.127	1.074
B_ind									1.000	−0.030	−0.091*	0.110**	−0.055	0.326***	1.138
CSR_com										1.000	0.162**	−0.013	0.007	−0.174**	1.142
SIZE											1.000	−0.564**	0.507**	−0.089	2.001
ROE												1.000	−0.435**	0.1147	1.583
LEV													1.000	0.106**	1.498
Gov_mod														1.000	1.689

Variables	ESG_perf	ENV_perf	SOC_perf	GOV_perf	%B_GEq	nB_GEq	massB_GEq	B_size	B_ind	CSR_com	SIZE	ROE	LEV	Gov_mod	VIF
ESG_perf	1.000	0.678**	0.792**	0.625**	−0.055	−0.005	−0.004	0.216**	−0.020	0.022**	0.339**	−0.024	−0.137**	0.013**
ENV_perf		1.000	0.701**	0.702**	−0.100**	−0.062	−0.073	0.175**	0.035	0.099**	0.287**	−0.046	−0.140**	0.034***
SOC_perf			1.000	0.609**	−0.005	0.027	0.032	0.143**	0.042	0.072**	0.195**	−0.004	−0.166**	0.092***
GOV_perf				1.000	−0.018	0.019	0.021	0.167**	0.017	0.177**	0.385**	−0.088*	−0.088*	0.103***
%B_GEq					1.000	0.729**	0.704**	−0.115**	0.154**	0.256**	0.027	−0.030	0.006	0.144**	1.132
nB_GEq						1.000	0.711*	0.205**	0.142**	0.228**	0.061	−0.072	0.027	−0.099	1.076
massB_GEq							1.000	0.201**	0.151**	0.221**	0.069	−0.074	0.0029	−0.065	1.089
B_size								1.000	−0.029	0.050	0.287**	−0.103**	0.015	−0.127	1.074
B_ind									1.000	−0.030	−0.091*	0.110**	−0.055	0.326***	1.138
CSR_com										1.000	0.162**	−0.013	0.007	−0.174**	1.142
SIZE											1.000	−0.564**	0.507**	−0.089	2.001
ROE												1.000	−0.435**	0.1147	1.583
LEV													1.000	0.106**	1.498
Gov_mod														1.000	1.689

Notes:

*, ** and ***denote level of significance at the 0.10, 0.05 and 0.01 levels, respectively. For description of variables, refer to Table 2

Source: Table created by authors