ESG

NCFO

NCFOPS

MAIN

ELSE

GROWTH

SIZE

ESG

1

NCFO

0.053***

1

NCFOPS

0.040***

0.792***

1

MAIN

0.048***

0.122***

0.096***

1

ELSE

−0.047***

−0.116***

−0.089***

−0.971***

1

GROWTH

−0.005

0.392***

0.382***

0.003

−0.008

1

SIZE

0.356***

0.060***

0.161***

0.096***

−0.093***

0.023***

1

ListedY

0.104***

−0.036***

0.028***

−0.090***

0.102***

−0.005

0.263***

ROA

0.109***

0.395***

0.183***

0.111***

−0.110***

0.064***

0.023***

ROM

0.050***

0.249***

0.076***

−0.073***

0.083***

0.034***

−0.101***

GRTA

−0.019**

−0.013

−0.020**

−0.01

0.009

0.135***

0.054***

DTA

−0.033***

0.111***

−0.084***

0.014

−0.016*

−0.014

−0.310***

SUBS

0.197***

0.040***

0.101***

0.021**

−0.031***

0.028***

0.507***

ListedY

ROA

ROM

GRTA

DTA

SUBS

ListedY

1

ROA

−0.107***

1

ROM

−0.053***

0.421***

1

GRTA

−0.094***

0.166***

0.086***

1

DTA

−0.147***

0.259***

0.339***

0.009

1

SUBS

−0.050***

0.071***

−0.142***

0.058***

−0.242***

1