| CSR | IC | AC1 | AC2 | SIZE | LEV | ROA | INDEP | GROW | TOP3 | STATE | LNSAL |
CSR | 1 |
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IC | 0.207*** | 1 |
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AC1 | −0.162*** | −0.139*** | 1 |
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AC2 | −0.077*** | −0.139*** | 0.071*** | 1 |
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Size | 0.287*** | 0.159*** | −0.397*** | −0.018* | 1 |
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Lev | 0.015 | −0.023** | −0.349*** | 0.210*** | 0.525*** | 1 |
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Roa | 0.346*** | 0.266*** | −0.099*** | −0.164*** | −0.003 | −0.335*** | 1 |
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Indep | −0.013 | 0.011 | 0.060*** | 0.0140 | 0.017* | −0.01 | −0.024** | 1 |
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Growth | 0.003 | 0.030*** | −0.028*** | 0.005 | 0.029*** | 0.027*** | 0.037*** | 0.00700 | 1 |
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Top3 | 0.152*** | 0.106*** | −0.158*** | −0.106*** | 0.259*** | 0.032*** | 0.126*** | 0.048*** | 0.018* | 1 |
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State | 0.136*** | 0.053*** | −0.192*** | 0.038*** | 0.354*** | 0.291*** | −0.108*** | −0.047*** | −0.042*** | 0.136*** | 1 |
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Lnsal | 0.265*** | 0.150*** | −0.098*** | −0.041*** | 0.442*** | 0.137*** | 0.204*** | −0.012 | 0.008 | 0.092*** | 0.073*** | 1 |