ROA

CSR

LEV

GROWTH

SIZE

STAKE

EDU

ROA

1

CSR

0.380***

1

LEV

−0.078**

−0.0280

1

GROWTH

−0.0300

0.0150

0.078**

1

SIZE

0.089**

0.070**

0.0340

0.063*

1

STAKE

−0.0230

0.00400

−0.119***

0.0250

0.187***

1

EDU

−0.00100

0.083**

0.084**

−0.0100

0.082**

0

1