TABLE 2.
The results of correlation matrix and descriptive statistics.
Mean | Std. Deviation | BP | CSR | EDSI | EWB | Gender | Age | Education | Firm Age | Firm Asset | Number of employees | |
BP | 4.518 | 1.115 | 0.935 | |||||||||
CSR | 6.138 | 0.800 | 0.311** | 0.785 | ||||||||
EDSI | 6.049 | 0.830 | 0.229** | 0.585** | 0.718 | |||||||
EWB | 5.699 | 0.980 | 0.431** | 0.553** | 0.493** | 0.785 | ||||||
Gender | 0.295 | 0.457 | −0.057 | −0.135 | −0.121 | −0.135 | – | |||||
Age | 2.462 | 0.825 | 0.010 | −0.044 | −0.116 | −0.068 | 0.130 | – | ||||
Education | 2.688 | 0.652 | 0.019 | −0.019 | −0.086 | −0.053 | 0.076 | −0.098 | – | |||
Firm Age | 0.640 | 0.327 | 0.099 | 0.160* | −0.025 | 0.089 | 0.055 | 0.401** | −0.070 | – | ||
Firm Asset | 1.949 | 0.719 | 0.322** | 0.121 | 0.057 | 0.160* | −0.080 | −0.007 | 0.132 | 0.042 | – | |
Number of employees | 1.017 | 0.593 | 0.318** | 0.123 | 0.080 | 0.144 | −0.123 | 0.235** | 0.118 | 0.258** | 0.310** | – |
n = 173. The square roots of AVEs are along the diagonal. Significance levels are two tailed with **p < 0.01; *p < 0.05. Correlations with absolute values greater than 0.02 are statistically significant at p < 0.01. Correlations listed below 0.02 are either statistically significant at p < 0.05 or not statistically significant. BP = business performance; CSR = corporate social responsibility; EDSI = entrepreneurs’ Darwinian social identity; EWB = entrepreneurs’ well-being.