| Corrupt | ZF | Soe | Roe | Growth | Leverage | T1 | T10 | ||
| Corrupt | 1.000 | ||||||||
| ZF | −0.100*** | 1.000 | |||||||
| Soe | −0.181*** | 0.149*** | 1.000 | ||||||
| ROE | 0.067*** | −0.147*** | −0.080*** | 1.000 | |||||
| Growth | 0.205*** | 0.038 | −0.125*** | 0.119*** | 1.000 | ||||
| Leverage | −0.082*** | 0.192*** | 0.227*** | −0.125*** | −0.073*** | 1.000 | |||
| T1 | −0.091*** | 0.093*** | 0.176*** | 0.096*** | −0.094*** | 0.125*** | 1.000 | ||
| T10 | 0.013 | 0.152*** | 0.042* | 0.174*** | 0.068*** | −0.02 | 0.613*** | 1.000 | |