Table 2.
Correlation matrix.
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | VIF | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.OM | 1 | |||||||||||
| 2.SENT | 0.068*** | 1 | 1.09 | |||||||||
| 3.SIZE | −0.026 | 0.108*** | 1 | 2.12 | ||||||||
| 4.TFP | 0.021 | 0.039 | 0.552*** | 1 | 1.78 | |||||||
| 5.LEV | −0.017 | −0.020 | 0.582*** | 0.412*** | 1 | 1.64 | ||||||
| 6.CI | 0.057*** | −0.139*** | 0.292*** | 0.100*** | 0.253*** | 1 | 1.19 | |||||
| 7.ME | 0.010 | 0.134*** | −0.396*** | −0.533*** | −0.424*** | −0.250*** | 1 | 1.61 | ||||
| 8.SOE | −0.010 | −0.057*** | 0.396*** | 0.267*** | 0.272*** | 0.179*** | −0.199*** | 1 | 1.22 | |||
| 9.MS | 0.124*** | 0.057*** | −0.053** | −0.082*** | −0.094*** | −0.001 | 0.119*** | −0.087*** | 1 | 3.68 | ||
| 10.MG | −0.116*** | −0.013 | 0.054*** | 0.045 | 0.050** | −0.022 | −0.051** | 0.044 | −0.578*** | 1 | 1.51 | |
| 11.IF | 0.151*** | 0.047* | −0.045* | −0.079*** | −0.096*** | 0.011 | 0.128*** | −0.096*** | 0.818*** | −0.442*** | 1 | 3.06 |
***p < 0.01; **p < 0.05; *p < 0.1.