| Over-inv | Distort 1 | Distort 2 | Distort 3 | Distort 4 | FCF | SOE |
Over-inv | 1 |
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Distort 1 | 0.0022 | 1 |
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Distort 2 | −0.0089 | 0.8347*** | 1 |
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Distort 3 | 0.0112 | 0.2025*** | 0.0831*** | 1 |
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Distort 4 | 0.0181 | 0.4316*** | 0.2123*** | 0.5619*** | 1 |
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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 |