Table 3 Correlations, means, standard deviations, and average variance extracted.

From: Organizational slack, entrepreneurial orientation, and corporate political activity: From the behavioral theory of the firm

Variables

Mean

SD

1

2

3

4

5

6

7

8

9

10

1. CPA

4.252

1.209

0.747

         

2. Financial slack

5.024

1.088

0.339***

0.952

        

3. Operational slack

4.787

1.072

0.285***

0.550

0.899

       

4. Entrepreneurial behavior

4.935

1.118

0.130**

0.315***

0.286***

0.928

      

5. Managerial attitude towards risk

4.498

1.156

0.210***

0.376***

0.356***

0.451***

0.915

     

6. Industry development stage

2.590

0.520

0.012

−0.031

−0.125***

−0.070

−0.041

–

    

7. Industry competiveness

3.590

0.815

−0.058

0.016

−0.065

0.097**

0.092*

0.115**

–

   

8. Market share

0.271

0.195

0.073

0.098**

0.086*

−0.041

0.044

0.156***

−0.226***

–

  

9. Composite index of Marketization

7.249

2.108

0.056

0.326***

0.183***

0.109**

0.202***

−0.029

0.047

–

–

 

10. High tech industry

0.42

0.495

−0.014

0.190***

0.005

0.229***

0.078*

−0.130**

0.020

0.015

0.257***

–

11. Manufacture industry

0.139

0.346

−0.027

−0.063

0.037

0.052

−0.005

0.041

0.074

−0.025

-0.018

0.024*

  1. N = 303. Diagonal elements (in bold) are square roots of the average variance extracted (AVE) values and off-diagonal numbers are correlations between variables in this study.
  2. ***P < 0.001; **P < 0.01; *P < 0.05.
Back to article page