| Variables | MODY | MODX | IDXYRRET | LEVRATIO | SIZE | INDUSTRY |
| MODY | 1 |
|
|
|
|
|
| MODX | 0.2133*** | 1 |
|
|
|
|
| IDXYRRET | 0.7986*** | 0.0005 | 1 |
|
|
|
| LEVRATIO | 0.0450 | −0.0762 | 0.0528 | 1 |
|
|
| SIZE | 0.0547 | −0.0286 | 0.0934 | 0.3933*** | 1 |
|
| INDUSTRY | 0.0344 | 0.1273** | 0.0084 | 0.0340 | −0.0209 | 1 |