Table 5 Results of correlation analysis.
Variables | GSCE | CSR | Incsr | Excsr | Ceonar | Area | Size | Roa | Soe | Industry | Age |
|---|---|---|---|---|---|---|---|---|---|---|---|
GSCE | 1 | ||||||||||
CSR | 0.153*** | 1 | |||||||||
Incsr | 0.125** | 0.492*** | 1 | ||||||||
Excsr | 0.032* | 0.387*** | 0.421*** | 1 | |||||||
Ceonar | 0.041 | 0.261 | 0.037*** | −0.172** | 1 | ||||||
Area | −0.113** | −0.154** | −0.071 | −0.043* | −0.135** | 1 | |||||
Size | 0.257*** | 0.054** | 0.061** | 0.132* | 0.241* | 0.113*** | 1 | ||||
Roa | 0.31** | 0.082** | 0.135*** | −0.037* | 0.032* | 0.216* | 0.193** | 1 | |||
Soe | −0.381* | 0.098* | 0.297* | −0.218** | 0.013** | −0.381** | −0.185* | −0.152* | 1 | ||
Industry | 0.201 | 0.169** | −0.219* | 0.204** | 0.105*** | −0.136** | 0.031*** | 0.194* | 0.021** | 1 | |
Age | 0.091 | 0.171** | −0.032* | 0.135** | −0.210** | 0.148** | 0.137* | 0.173** | −0.083* | 0.108** | 1 |