| variable | mean | S.d | PR | OC1 | PC | PCL | Size | Age_C |
| PR | 0.063571 | 0.159179 | 1 |
|
|
|
|
|
| OC1 | 0.252983 | 0.435241 | 0.038 | 1 |
|
|
|
|
| PC | 0.455847 | 0.498642 | −0.057 | 0.03 | 1 |
|
|
|
| PCL | 1.513126 | 1.853922 | −0.041 | −0.06 | 0.893*** | 1 |
|
|
| Size | 21.855864 | 1.027296 | −0.100** | −0.017 | 0.019 | 0.029 | 1 |
|
| Age_C | 1.756776 | 0.816632 | −0.166*** | 0.192*** | −0.085* | −0.140*** | 0.350*** | 1 |
| Cash_F | 3.903552 | 10.776593 | −0.105** | −0.104** | 0.026 | 0.037 | 0.616*** | 0.238*** |
| ROA | 0.083158 | 0.050135 | −0.025 | −0.021 | 0.168*** | 0.161*** | 0.051 | 0.052 |
| Ind_ratio | 0.332561 | 0.07121 | 0.085* | −0.043 | 0.048 | 0.133*** | 0.012 | 0.064 |
| Share_F | 0.371028 | 0.151973 | −0.108** | −0.168*** | −0.147*** | −0.059 | 0.217*** | −0.041 |
| History | 0.818616 | 0.385797 | 0.063 | 0.032 | 0.083* | 0.104** | 0.237*** | 0.186*** |
| Method | 0.835322 | 0.371333 | 0.177*** | 0.007 | 0.109** | 0.199*** | 0.055 | −0.225*** |
| Advisor | 0.171838 | 0.37769 | −0.169*** | −0.003 | −0.061 | −0.136*** | −0.001 | 0.202*** |
| Age_T | 47.140811 | 5.323212 | −0.009 | −0.048 | 0.088* | 0.104** | −0.022 | 0.028 |
| variable | Cash_F | ROA | Ind_ratio | Share_F | History | Method | Advisor | Age_T |
| Cash_F | 1 |
|
|
|
|
|
|
|
| ROA | 0.114** | 1 |
|
|
|
|
|
|
| Ind_ratio | −0.113** | 0.176*** | 1 |
|
|
|
|
|
| Share_F | 0.160*** | −0.034 | 0.096* | 1 |
|
|
|
|
| History | 0.136*** | 0.05 | −0.048 | 0.032 | 1 |
|
|
|
| Method | 0.039 | 0.034 | −0.006 | 0.05 | 0.108** | 1 |
|
|
| Advisor | −0.07 | −0.073 | −0.022 | −0.106** | −0.015 | −0.736*** | 1 |
|
| Age_T | 0.035 | 0.078 | 0.06 | −0.165*** | −0.027 | −0.069 | 0.091* | 1 |