Variables | PB | AR | UR | ROE | Level | Size | Share | IDP | State |
PB | 1.000 |
|
|
|
|
|
|
|
|
AR | −0.315*** | 1.000 |
|
|
|
|
|
|
|
UR | 0.054** | 0.032 | 1.000 |
|
|
|
|
|
|
ROE | −0.119*** | 0.198*** | 0.013 | 1.000 |
|
|
|
|
|
Level | −0.266*** | 0.122*** | −0.047** | 0.133*** | 1.000 |
|
|
|
|
Size | −0.097*** | −0.041* | 0.003 | 0.203*** | 0.512*** | 1.000 |
|
|
|
Share | 0.024 | 0.063*** | 0.041* | 0.184*** | 0.074*** | 0.249*** | 1.000 |
|
|
IndDirPct | 0.018 | −0.002 | 0.051** | 0.046** | −0.038* | −0.053** | 0.111*** | 1.000 |
|
State | −0.157*** | −0.032 | −0.096*** | −0.013 | 0.203*** | 0.349*** | 0.087*** | −0.083*** | 1.000 |