Table 2.
Descriptive statistics and Pearson correlation matrix
| M | SD | Min | Max | 1 | 2 | 3 | 4 | 5 | 6 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Relational conflict | 2.174 | 1.069 | 1.000 | 5.000 | 1.000 | |||||
| 2. Family social capital | 4.145 | 0.655 | 2.000 | 5.000 | –0.553** | 1.000 | ||||
| 3. Firm performance | 3.798 | 0.713 | 1.670 | 5.000 | –0.171* | 0.375** | 1.000 | |||
| 4. Family ownership | 89.926 | 18.321 | 25.00 | 100.00 | –0.306** | 0.049 | –0.174* | 1.000 | ||
| 5. Firm age | 23.060 | 19.468 | 2.00 | 121.00 | 0.069 | –0.127 | 0.025 | –0.187* | 1.000 | |
| 6. Firm size | 35.058 | 60.660 | 5.00 | 499.00 | 0.048 | − 0.086 | 0.061 | –0.251** | 0.338** | 1.000 |
| 7. Generational involvement | 2.080 | 0.791 | 1.00 | 4.00 | 0.094 | –0.054 | 0.165* | –0.156* | 0.302** | 0.141 |
Note: M = mean, SD = standard deviation
* p < .05, ** p < .01