Over-inv

Distort 1

Distort 2

Distort 3

Distort 4

FCF

SOE

Over-inv

1

Distort 1

0.0022

1

Distort 2

−0.0089

0.8347***

1

Distort 3

0.0112

0.2025***

0.0831***

1

Distort 4

0.0181

0.4316***

0.2123***

0.5619***

1

FCF

0.2135***

0.0363*

0.0251

0.0507**

0.0798***

1

SOE

−0.073***

-0.100***

−0.159***

0.1226***

0.2106***

0.0111

1