SGR

ESG

KZ

Size

Lev

Risk

Board

Indep

Growth

Top1

MH

SGR

1.000

ESG

0.061***

1.000

KZ

−0.324***

−0.119***

1.000

Size

−0.084***

0.199***

0.202***

1.000

Lev

−0.243***

−0.004

0.625***

0.561***

1.000

Risk

−0.255***

−0.117***

0.286***

0.103***

0.263***

1.000

Board

−0.054***

0.029***

0.073***

0.283***

0.166***

0.080***

1.000

Indep

0.014**

0.083***

−0.004

0.013*

−0.007

−0.003

−0.505***

1.000

Growth

0.162***

−0.047***

−0.025***

0.020***

0.058***

−0.093***

−0.039***

0.000

1.000

Top1

0.020***

0.069***

−0.104***

0.094***

0.006

−0.049***

−0.021***

0.058***

−0.021***

1.000

MH

0.093***

0.027***

−0.251***

−0.387***

−0.313***

−0.137***

−0.214***

0.073***

0.074***

0.055***

1.000