| Under-inv | Distort 1 | Distort 2 | Distort 3 | Distort 4 | FCF | SOE |
Under_inv | 1 |
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Distort 1 | 0.0046 | 1 |
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Distort 2 | 0.0143 | 0.8531*** | 1 |
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Distort 3 | 0.0248 | 0.2056*** | 0.1061*** | 1 |
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Distort 4 | 0.001 | 0.4262*** | 0.2437*** | 0.5640*** | 1 |
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SOE | −0.1*** | −0.06*** | −0.125*** | 0.1177*** | 0.1981*** | 1 |
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SCF | 0.2405*** | −0.011 | 0.0014 | 0.0053 | −0.004 | −0.092*** | 1 |