变量

TFP

MEPay

MMPay

Size

Roa

Lev

Mshare

Age

Board

TobinQ

ROP

TFP

1

MEPay

0.450^***

1

MMPay

0.371^***

0.702^***

1

Size

0.782^***

0.485^***

0.416^***

1

Roa

0.099^***

0.112^***

0.073^***

0.051^***

1

Lev

0.348^***

0.085^***

0.087^***

0.350^***

−0.301^***

1

Mshare

−0.163^***

−0.060^***

−0.075^***

−0.239^***

0.089^***

−0.151^***

1

Age

0.266^***

0.159^***

0.147^***

0.382^***

−0.108^***

0.205^***

−0.454^***

1

Board

0.121^***

0.039^***

0.086^***

0.184^***

0.011

0.096^***

−0.193^***

0.101^***

1

TobinQ

−0.240^***

−0.052^***

−0.032^***

−0.286^***

0.072^***

−0.094^***

−0.054^***

0.016

−0.046^***

1

ROP

0.023^**

0.014

0.023^**

0.026^**

0.047^***

−0.040^***

−0.024^**

0.023^**

0.012

0.079^***

1