VARIABLES

DS

Confu_150

Independent

FIR

LEV

Growth

Fage

DS

1

Confu_150

−0.0575

1

Independent

0.0116

0.00510

1

FIR

−0.0905

0.0127

0.0922

1

LEV

−0.0726

−0.0257

0.00790

0.0620

1

Growth

0.0139

−0.0289

0.00840

−0.00660

0.00620

1

Fage

−0.0308

−0.0242

−0.0376

−0.0449

0.157

0.00380

1

Bsize

−0.0593

−0.0374

−0.564

−0.0305

0.146

−0.00690

0.114

Size

−0.204

−0.0360

0.0237

0.175

0.448

−0.00290

0.117

Capital

−0.0254

0.0109

−0.0300

0.0951

0.108

−0.00510

0.0252

VARIABLES

Bsize

Size

Capital

Bsize

1

Size

0.239

1

Capital

0.128

0.0311

1