Table 3 Correlation coefficient.

From: The impact of common institutional ownership on green innovation of China’s energy firms

 

Greenpat

Coz1

Coz2

Coz3

GreenCoz1

GreenCoz2

GreenCoz3

Size

Age

Lev

Cashflow

Growth

Dual

Indep

Board

Greenpat

1

              

Coz1

0.305

1

             

Coz2

0.319

0.956

1

            

Coz3

0.270

0.780

0.859

1

           

GreenCoz1

0.097

0.450

0.461

0.375

1

          

GreenCoz2

0.105

0.442

0.463

0.379

0.984

1

         

GreenCoz3

0.088

0.366

0.384

0.436

0.813

0.838

1

        

Size

0.478

0.403

0.415

0.376

0.083

0.083

0.110

1

       

Age

0.060

0.119

0.120

0.120

0.050

0.049

0.005

0.071

1

      

Lev

0.263

0.220

0.242

0.217

0.086

0.098

0.079

0.419

0.161

1

     

Cashflow

0.054

0.204

0.205

0.196

0.081

0.077

0.093

0.247

0.097

0.011

1

    

Growth

0.011

−0.034

−0.034

−0.057

−0.034

−0.035

−0.034

−0.008

−0.087

0.031

−0.016

1

   

Dual

0.012

−0.110

−0.107

−0.112

−0.089

−0.089

−0.069

−0.125

−0.114

−0.098

−0.101

0.089

1

  

Indep

0.020

0.010

0.004

0.002

0.074

0.075

0.124

−0.017

0.056

−0.051

0.015

−0.006

0.167

1

 

Board

0.116

0.176

0.214

0.216

0.024

0.045

0.014

0.263

0.037

0.215

0.126

−0.067

−0.280

−0.503

1