GI

EDT

CI

Lev

LnSize

ROA

Holding

LnAge

Dual

SOE

EBD

Top1

GI

1.000

EDT

0.170^***

1.000

CI

0.110^***

0.130^***

1.000

Lev

0.182^***

−0.006

−0.056^***

1.000

LnSize

0.341^***

0.084^***

0.156^***

0.504^***

1.000

ROA

0.001

−0.007

0.030^***

−0.428^***

−0.056^***

1.000

Holding

−0.053^***

0.073^***

0.048^***

−0.334^***

−0.355^***

0.194^***

1.000

LnAge

−0.036^***

−0.092^***

−0.070^***

0.178^***

0.155^***

−0.086^***

−0.292^***

1.000

Dual

−0.001

0.067^***

−0.009

−0.148^***

−0.160^***

0.095^***

0.247^***

−0.138^***

1.000

SOE

0.058^***

−0.120^***

−0.064^***

0.327^***

0.306^***

−0.178^***

−0.470^***

0.287^***

−0.291^***

1.000

EBD

−0.093^***

0.025^***

−0.027^***

−0.231^***

−0.298^***

0.200^***

−0.028^***

−0.001

0.043^***

−0.063^***

1.000

Top1

−0.006

−0.079^***

−0.030^***

0.004

0.103^***

0.121^***

−0.062^***

−0.057^***

−0.006

0.120^***

−0.056^***

1.000