Table 2. Pearson correlations Variable... | Emerald Publishing

Table 2.

Pearson correlations

Variable	FS/TS	LnTFCF	TFCF/TA	LnNFCF	NFCF/TA	SHA	LnTA	MTBV	ICR
LnTFCF	0.513	1.000
TFCF/TA	0.403	0.470	1.000
LnNFCF	0.547	0.942	0.466	1.000
NFCF/TA	0.312	0.354	0.888	0.390	1.000
SHA	0.076	0.048	0.076	0.072	0.076	1.000
LnTA	0.232	0.341	0.023	0.329	−0.041	−0.008	1.000
MTBV	−0.069	0.077	−0.028	0.045	−0.054	−0.105	0.084	1.000
ICR	0.028	0.046	0.015	0.058	0.027	0.038	0.088	0.218	1.000
SR	0.014	0.059	0.015	0.061	−0.001	0.037	0.087	−0.060	−0.006

Variable	FS/TS	LnTFCF	TFCF/TA	LnNFCF	NFCF/TA	SHA	LnTA	MTBV	ICR
LnTFCF	0.513	1.000
TFCF/TA	0.403	0.470	1.000
LnNFCF	0.547	0.942	0.466	1.000
NFCF/TA	0.312	0.354	0.888	0.390	1.000
SHA	0.076	0.048	0.076	0.072	0.076	1.000
LnTA	0.232	0.341	0.023	0.329	−0.041	−0.008	1.000
MTBV	−0.069	0.077	−0.028	0.045	−0.054	−0.105	0.084	1.000
ICR	0.028	0.046	0.015	0.058	0.027	0.038	0.088	0.218	1.000
SR	0.014	0.059	0.015	0.061	−0.001	0.037	0.087	−0.060	−0.006

Note:

For definitions of variables, refer to Table 1