Table 1 Descriptive statistics and... | Emerald Publishing

Table 1

Descriptive statistics and correlations

Variable	Mean	S.D.	1	2	3	4	5	6	7	8
ROA	4.883	6.225
ELI	0.009	0.857	−0.048
IT	12.859	11.567	−0.093	0.11^*
Size	9.411	1.455	0.264^**	0.181^**	0.301^**
Store growth	99.973	9.796	0.251^**	−0.116^*	−0.02	0.056
Sales growth	97.466	6.778	0.474^**	−0.023	0.004	0.146^**	0.305^**
PPE	−1.823	1.199	0.003	−0.004	−0.271^**	−0.086	−0.087	−0.043
ADVT	2.092	2.111	0.149^**	−0.412^**	0.05	0.09	0.039	0.028	0.178^**
Number of stores	84.802	172.766	0.065	−0.357^**	−0.022	0.357^**	0.047	0.005	−0.129^**	0.227^**

Variable	Mean	S.D.	1	2	3	4	5	6	7	8
ROA	4.883	6.225
ELI	0.009	0.857	−0.048
IT	12.859	11.567	−0.093	0.11^*
Size	9.411	1.455	0.264^**	0.181^**	0.301^**
Store growth	99.973	9.796	0.251^**	−0.116^*	−0.02	0.056
Sales growth	97.466	6.778	0.474^**	−0.023	0.004	0.146^**	0.305^**
PPE	−1.823	1.199	0.003	−0.004	−0.271^**	−0.086	−0.087	−0.043
ADVT	2.092	2.111	0.149^**	−0.412^**	0.05	0.09	0.039	0.028	0.178^**
Number of stores	84.802	172.766	0.065	−0.357^**	−0.022	0.357^**	0.047	0.005	−0.129^**	0.227^**

Note(s): ^**p < 0.01; ^*p < 0.05

Source(s): Authors' own creation