| GI | CSR | LnAge | Law | LnNstaff | Debts | Tobinq | Sale | Liquidity | SOE |
GI | 1 |
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CSR | 0.173*** | 1 |
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LnAge | −0.014 | 0.043* | 1 |
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Law | 0.060*** | 0.156*** | 0.027 | 1 |
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LnNstaff | 0.110*** | 0.329*** | −0.031 | −0.012 | 1 |
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Debts | 0.088*** | 0.155*** | 0.136*** | −0.059*** | 0.344*** | 1 |
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Tobinq | −0.061*** | −0.132*** | −0.142*** | 0.044** | −0.371*** | −0.564*** | 1 |
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Sale | 0.025 | −0.045** | 0.008 | −0.001 | −0.133*** | −0.038* | 0.090*** | 1 |
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Liquidity | 0.037* | −0.203*** | −0.139*** | 0.052** | −0.241*** | −0.177*** | 0.248*** | 0.127*** | 1 |
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SOE | 0.054** | 0.133*** | 0.155*** | −0.128*** | 0.295*** | 0.298*** | −0.261*** | −0.024 | −0.117*** | 1 |