Correlation/Year | (−3, 0) | (−2, 0) | (−1, 0) | (0, 1) | (0, 2) | (0, 3) |
IndROA | 0.0303 (0.5277) | 0.0581 (0.2306) | 0.0669 (0.1635) | 0.8176 (<0.0001)*** | 0.9640 (<0.0001)*** | 0.1909 (0.0296)** |
IndLEV | 0.0427 (0.3832) | 0.0628 (0.1911) | −0.0570 (0.2319) | 0.8096 (<0.0001)*** | 0.96382 (<0.0001)*** | 0.7090 (<0.0001)*** |
IndAT | 0.0658 (0.1785) | 0.0381 (0.4273) | 0.0393 (0.4095) | 0.2107 (<0.0001)*** | 0.2165 (0.0014)*** | 0.3365 (<0.0001)*** |