Preference

Confidence

Low Cost of Debt

Borrowing Eligibility

Financing

Opportunities

Financing

Opportunities

Correlation Coefficient

0.462**

0.601**

0.837**

0.612**

1.000

Sig. (2-tailed)

0.000

0.000

0.000

0.000

.

Mandatory

Audits

Correlation Coefficient

0.185**

0.352**

0.265**

0.484**

0.432**

Sig. (2-tailed)

0.002

0.000

0.000

0.000

0.000