| 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 |
|
|
|
|