| Risk1 | Risk2 | Strategy | Size | Lev | Roa | Bm | Soe | ListAge | Inst |
Risk1 | 1 |
|
|
|
|
|
|
|
|
|
Risk2 | 0.994*** | 1 |
|
|
|
|
|
|
|
|
Strategy | 0.023* | 0.025** | 1 |
|
|
|
|
|
|
|
Size | −0.196*** | −0.199*** | 0 | 1 |
|
|
|
|
|
|
Lev | −0.146*** | −0.145*** | −0.095*** | 0.459*** | 1 |
|
|
|
|
|
Roa | 0.002 | 0.003 | 0.217*** | 0.002 | −0.385*** | 1 |
|
|
|
|
Bm | −0.177*** | −0.176*** | −0.133*** | 0.603*** | 0.559*** | −0.271*** | 1 |
|
|
|
Soe | −0.113*** | −0.112*** | −0.154*** | 0.091*** | 0.099*** | −0.130*** | 0.119*** | 1 |
|
|
ListAge | −0.022* | −0.023* | −0.146*** | 0.175*** | 0.023* | −0.124*** | 0.145*** | 0.132*** | 1 |
|
Inst | −0.105*** | −0.108*** | 0.012 | 0.332*** | 0.033*** | 0.221*** | 0.099*** | 0.180*** | 0.056*** | 1 |