Means, standard deviations and factor correlations
| Concept | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. CWHRMS: recruitment and selection | 5.17 | 1.16 | 1 | |||||||
| 2. CWHRMS: training and promotion | 5.44 | 0.95 | 0.47** | 1 | ||||||
| 3. CWHRMS: evaluation and compensation | 4.77 | 0.98 | 0.45** | 0.38** | 1 | |||||
| 4. Altruism | 5.62 | 1.02 | 0.39** | 0.48** | 0.29** | 1 | ||||
| 5. Innovativeness | 5.53 | 0.86 | 0.27** | 0.34** | 0.15* | 0.37** | 1 | |||
| 6. Annual turnover | 8,829,926.4 | 49,219,425.16 | 0.05 | 0.08 | 0.09 | 0.04 | 0.03 | 1 | ||
| 7. Number of employees | 58.8 | 157.39 | 0.08 | 0.11 | 0.07 | 0.07 | 0.01 | 0.96** | 1 | |
| 8. Firm age | 26.5 | 20.87 | 0.03 | 0.04 | 0.13* | 0.09 | −0.02 | 0.09 | 0.14* | 1 |
| Concept | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. CWHRMS: recruitment and selection | 5.17 | 1.16 | 1 | |||||||
| 2. CWHRMS: training and promotion | 5.44 | 0.95 | 0.47** | 1 | ||||||
| 3. CWHRMS: evaluation and compensation | 4.77 | 0.98 | 0.45** | 0.38** | 1 | |||||
| 4. Altruism | 5.62 | 1.02 | 0.39** | 0.48** | 0.29** | 1 | ||||
| 5. Innovativeness | 5.53 | 0.86 | 0.27** | 0.34** | 0.15* | 0.37** | 1 | |||
| 6. Annual turnover | 8,829,926.4 | 49,219,425.16 | 0.05 | 0.08 | 0.09 | 0.04 | 0.03 | 1 | ||
| 7. Number of employees | 58.8 | 157.39 | 0.08 | 0.11 | 0.07 | 0.07 | 0.01 | 0.96** | 1 | |
| 8. Firm age | 26.5 | 20.87 | 0.03 | 0.04 | 0.13* | 0.09 | −0.02 | 0.09 | 0.14* | 1 |
Note(s): CWHRMS: common welfare HRM system
n = 269
*p < 0.05
**p < 0.01
Source(s): Table by authors
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