Table 3 Correlation analysis CSR DII FII... | Emerald Publishing

Table 3

Correlation analysis

	CSR	DII	FII	TII	PROM	ROA	Leverage	Logcash	Age	SIZE	INDCSR
CSR	1.000
DII	0.547*	1.000
FII	0.450*	0.313*	1.000
TII	0.641*	0.801*	0.840*	1.000
PROM	−0.114*	−0.296*	−0.424*	−0.432*	1.000
ROA	0.156*	0.043	0.028*	0.060	0.030*	1.000
LEVERAGE	−0.010	−0.009	0.018	−0.003	0.017	−0.061*	1.000
LOGCASH	0.107*	0.086*	0.093*	0.110*	−0.031	−0.022	0.001	1.000
AGE	0.157*	0.171*	−0.033*	0.079*	0.007	−0.049*	0.001	0.056*	1.000
SIZE	0.808*	0.560*	0.481*	0.670*	−0.140*	−0.056*	0.041*	0.169*	0.190*	1.000
INDCSR	0.284*	0.133*	0.113*	0.160*	−0.044	0.038*	−0.003	0.062*	0.026	0.298*	1.000

	CSR	DII	FII	TII	PROM	ROA	Leverage	Logcash	Age	SIZE	INDCSR
CSR	1.000
DII	0.547*	1.000
FII	0.450*	0.313*	1.000
TII	0.641*	0.801*	0.840*	1.000
PROM	−0.114*	−0.296*	−0.424*	−0.432*	1.000
ROA	0.156*	0.043	0.028*	0.060	0.030*	1.000
LEVERAGE	−0.010	−0.009	0.018	−0.003	0.017	−0.061*	1.000
LOGCASH	0.107*	0.086*	0.093*	0.110*	−0.031	−0.022	0.001	1.000
AGE	0.157*	0.171*	−0.033*	0.079*	0.007	−0.049*	0.001	0.056*	1.000
SIZE	0.808*	0.560*	0.481*	0.670*	−0.140*	−0.056*	0.041*	0.169*	0.190*	1.000
INDCSR	0.284*	0.133*	0.113*	0.160*	−0.044	0.038*	−0.003	0.062*	0.026	0.298*	1.000

Note(s): * indicates 5% level of significance

Source(s): Authors’ calculations