Table 2.

Summary statistics and correlation matrix.

Variables	Mean	SD	1	2	3	4	5	6	7
SCA	5.113	1.057
EE	59.318	0.971	0.394**
EY	4.956	0.982	0.364**	0.289**
PL	5.239	0.674	0.400**	0.421**	0.405**
Age	2.92	0.834	0.021	0.013	0.046	0.184**
Ownership	1.97	0.862	−0.017	0.061	−0.009	−0.001	−0.266*
Industry	0.45	0.499	0.071	0.106	0.05	−0.045	−0.091	−0.130*
Size	2.1	0.679	0.018	−0.061	0.001	0.047	0.395**	−0.105	−0.203**

^*p ≤ 0.05;

^**p ≤ 0.01.