| Variables | TUN | LNICQ | ASSU | GROWTH | LEV | CASHPS | SHAREC |
| TUN | 1.000 |
|
|
|
|
|
|
| LNICQ | −0.065** | 1.000 |
|
|
|
|
|
| ASSU | −0.155** | −0.014 | 1.000 |
|
|
|
|
| GROWTH | 0.071** | 0.037* | −0.015 | 1.000 |
|
|
|
| LEV | 0.145** | −0.009 | 0.267** | 0.072** | 1.000 |
|
|
| CASHPS | −0.010 | 0.096** | −0.405** | −0.006 | −0.318** | 1.000 |
|
| SHAREC | 0.053** | −0.058** | 0.014 | 0.033* | 0.052** | −0.016 | 1.000 |