| Variables | MODY | MODX | IDXYRRET | LEVRATIO | SIZE | INDUSTRY |
| MODY | 1 |
|
|
|
|
|
| MODX | 0.0783 | 1 |
|
|
|
|
| IDXYRRET | 0.8267*** | −0.2497* | 1 |
|
|
|
| LEVRATIO | −0.0083 | 0.0613 | −0.0023 | 1 |
|
|
| SIZE | 0.0392 | 0.2311* | −0.0238 | 0.5664*** | 1 |
|
| INDUSTRY | −0.0295 | 0.0764 | −0.0782 | −0.1725 | −0.0975 | 1 |