Table 3 Pairwise correlations Variables... | Emerald Publishing

Table 3

Pairwise correlations

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
(1) DPR	1.000
(2) CAPEX	0.038	1.000
(3) WC	−0.032	−0.349*	1.000
(4) SGR	0.000	0.133*	−0.066	1.000
(5) SIZE	0.051	−0.019	−0.198*	0.018	1.000
(6) DER	0.022	0.070	−0.452*	0.202*	0.126*	1.000
(7) ROA	−0.036	−0.012	0.231*	0.073	−0.013	−0.250*	1.000
(8) CR	0.037	−0.113*	0.489*	−0.060	−0.112*	−0.381*	0.242*	1.000

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
(1) DPR	1.000
(2) CAPEX	0.038	1.000
(3) WC	−0.032	−0.349*	1.000
(4) SGR	0.000	0.133*	−0.066	1.000
(5) SIZE	0.051	−0.019	−0.198*	0.018	1.000
(6) DER	0.022	0.070	−0.452*	0.202*	0.126*	1.000
(7) ROA	−0.036	−0.012	0.231*	0.073	−0.013	−0.250*	1.000
(8) CR	0.037	−0.113*	0.489*	−0.060	−0.112*	−0.381*	0.242*	1.000

Note(s): ***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Authors' own work