rd

did

size

lev

cashflow

roe

growth

tobinq

rd

1.000

did

0.197***

1.000

size

−0.008

0.071***

1.000

lev

−0.193***

−0.002

0.543***

1.000

cashflow

0.065***

0.036***

0.047***

−0.166***

1.000

roe

0.040***

−0.051***

0.090***

−0.192***

0.309***

1.000

growth

0.044***

−0.043***

0.028***

0.010

0.044***

0.306***

1.000

tobinq

0.066***

−0.018**

−0.443***

−0.358***

0.129***

0.155***

0.140***

1.000