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