CS

ACQUI

LnASSET

LEVER

ROA

CURREN

TERM

TURN

LnGDP

CS

1.000

ACQUI

−0.003

1.000

LnASSET

−0.062

−0.085

1.000

LEVER

0.395***

−0.128**

0.421***

1.000

ROA

−0.253***

0.176***

0.140**

−0.386***

1.000

CURREN

−0.154**

0.061

−0.419***

−0.307***

−0.280***

1.000

TERM

−0.278***

0.047

0.219***

−0.059

0.247***

0.072

1.000

TURN

−0.170***

−0.077

0.011

−0.012

−0.135**

0.072

−0.278***

1.000

LnGDP

−0.131**

−0.101

0.145**

0.107*

−0.307***

−0.280***

−0.263***

0.184***

1.000