Table 3

Correlation matrix

VariableCRSOFOOCSIZEEAGDPINF
CR1.000       
SO−0.0351.000      
FO−0.296−0.0211.000     
OC0.0270.950−0.0631.000    
SIZE−0.2410.5750.4060.4811.000   
EA0.145−0.378−0.044−0.314−0.5841.000  
GDP−0.0100.002−0.0500.004−0.050−0.0291.000 
INF0.2150.001−0.1560.006−0.2680.2130.0431.000

Source(s): Compilation and analysis by the authors using Stata software

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