Table 7.
Correlation analysis: audit managers.
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | (16) | (17) | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IDEN_AUDIT | 1 | ||||||||||||||||
| TRUST_AUDIT | 0.13* | 1 | |||||||||||||||
| PSR_AUDIT | −0.17* | −0.07* | 1 | ||||||||||||||
| GROWTH | −0.04 | 0.02 | 0.01 | 1 | |||||||||||||
| INVENTORY | −0.01 | 0.04 | −0.01 | −0.03 | 1 | ||||||||||||
| SIZE | 0.07* | 0.01 | −0.03 | 0.00 | 0.12* | 1 | |||||||||||
| LOSS | 0.00 | −0.07* | −0.04 | −0.13* | 0.01 | −0.02 | 1 | ||||||||||
| AUDITOR_RESIGN | −0.01 | 0.03 | −0.02 | 0.15* | −0.01 | 0.06* | 0.02 | 1 | |||||||||
| AUDITOR | 0.03 | 0.03 | −0.05 | −0.03 | −0.01 | 0.39* | −0.02 | 0.07* | 1 | ||||||||
| SOE | 0.02 | −0.03 | 0.02 | −0.11* | 0.11* | 0.39* | 0.13* | 0.09* | 0.15* | 1 | |||||||
| DUAL | −0.02 | −0.03 | −0.01 | 0.01 | −0.07* | −0.16* | −0.04 | −0.03 | −0.07* | −0.28* | 1 | ||||||
| FIRST | 0.01 | 0.05 | −0.06 | −0.03 | 0.05 | 0.22* | −0.03 | 0.07* | 0.14* | 0.19* | −0.04 | 1 | |||||
| MAO | −0.03 | 0.02 | 0.04 | −0.06* | −0.01 | −0.01 | 0.19* | 0.03 | −0.01 | 0.05* | −0.00 | −0.02 | 1 | ||||
| INDEPEN | 0.05 | 0.03 | −0.05 | −0.00 | 0.01 | −0.05 | 0.01 | 0.01 | 0.03 | −0.09* | 0.12* | 0.07* | 0.03 | 1 | |||
| MANSHARE | −0.02 | 0.00 | −0.05 | 0.08* | −0.11* | −0.36* | −0.12* | −0.03 | −0.12* | −0.48* | 0.23* | −0.10* | −0.06* | 0.10* | 1 | ||
| TRADE | 0.01 | 0.06 | 0.03 | 0.05 | −0.09* | −0.33* | −0.08* | 0.02 | −0.08* | −0.20* | 0.11* | −0.04 | −0.05 | 0.03 | 0.34* | 1 | |
| ROA | −0.00 | 0.09* | 0.05 | 0.26* | −0.10* | 0.02 | −0.52* | 0.04 | 0.04 | −0.16* | 0.05* | 0.03 | −0.30* | −0.03 | 0.17* | −0.14* | 1 |
Lower-triangular cells report Pearson's correlation coefficients, upper-triangular cells are Spearman's rank correlation.
*
p < 0.05.
IDEN, Organizational identification; PSR, Parasocial relationship; TRUST, Integrity perception.
The larger the PSR, the weaker the PSR between the department heads and the CEOs.