Mvbv

Growth

Tangibility

Size

L_tdr

L_roa

Roa

Ntds

Market_inno

Age

Tdr

MVBV

1.00

GROWTH

0.10

1.00

TANGIBILITY

−0.09

−0.11

1.00

SIZE

0.14

0.19

0.00

1.00

L_TDR

−0.04

−0.02

0.36

0.19

1.00

L_ROA

0.04

0.10

−0.07

0.15

−0.09

1.00

ROA

0.13

0.29

−0.09

0.22

−0.05

0.19

1.00

NTDS

−0.01

−0.17

0.53

0.02

0.20

−0.01

−0.07

1.00

MARKET_INNO

−0.02

0.06

0.16

0.42

0.32

−0.01

−0.03

0.06

1.00

AGE

0.13

−0.01

−0.05

0.34

−0.02

0.04

0.09

−0.10

0.24

1.00

TDR

−0.05

0.05

0.35

0.21

0.87

−0.09

−0.23

0.17

0.35

−0.02

1.00