Correlation matrix
| SAT | REP | CSR | LEV | SIZE | |
|---|---|---|---|---|---|
| Wakalah subsample | |||||
| SAT | 1 | ||||
| REP | 0.1186 | 1 | |||
| CSR | −0.0035 | 0.0661 | 1 | ||
| LEV | −0.0015 | 0.0665 | 0.1347 | 1 | |
| SIZE | −0.0026 | 0.0099 | 0.0396 | −0.0094 | 1 |
| Hybrid subsample | |||||
| SAT | 1 | ||||
| REP | 0.2286 | 1 | |||
| CSR | −0.0055 | 0.0641 | 1 | ||
| LEV | −0.0075 | 0.0635 | 0.1447 | 1 | |
| SIZE | −0.0066 | 0.0049 | 0.0386 | −0.0083 | 1 |
| SAT | REP | CSR | LEV | SIZE | |
|---|---|---|---|---|---|
| SAT | 1 | ||||
| REP | 0.1186 | 1 | |||
| CSR | −0.0035 | 0.0661 | 1 | ||
| LEV | −0.0015 | 0.0665 | 0.1347 | 1 | |
| SIZE | −0.0026 | 0.0099 | 0.0396 | −0.0094 | 1 |
| SAT | 1 | ||||
| REP | 0.2286 | 1 | |||
| CSR | −0.0055 | 0.0641 | 1 | ||
| LEV | −0.0075 | 0.0635 | 0.1447 | 1 | |
| SIZE | −0.0066 | 0.0049 | 0.0386 | −0.0083 | 1 |
Source(s): Authors' own creation
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