Payout

Paytend

OverseaRate

IC

Age

GenderRate

BoardSize

FirmSize

LEV

Payout

1

Paytend

0.333***

1

OverseaRate

0.079***

0.069***

1

IC

0.150***

0.132***

0.038***

1

Age

0.102***

0.103***

0.056***

0.021***

1

GenderRate

-0.00500

-0.00400

0.015**

0.059***

0.110***

1

BoardSize

0.033***

0.032***

-0.00800

0.00300

0.086***

0.066***

1

FirmSize

0.177***

0.142***

0.115***

0.158***

0.294***

0.125***

0.267***

1

LEV

-0.118***

-0.135***

-0.030***

0.067***

0.058***

0.086***

0.150***

0.530***

1