| VARIABLES | VIF |
| Top 1 | 2.44 |
| balance3 | 2.34 |
| ROA | 1.34 |
| Lev | 1.22 |
| Cash | 1.20 |
| bm | 1.15 |
| DIFI | 1.12 |
| opinion | 1.07 |
| board | 1.04 |
| Growth | 1.03 |
| Mean VIF | 1.39 |