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Table 4 Correlations between variables

From: The effects of corporate governance on environmental sustainability reporting: empirical evidence from South Asian countries

Variable   (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
ESRPSCORE (1) 1 0.096 0.042 −0.084 −0.019 0.292 −0.036 0.013 0.145 0.168 0.1333 0.154 0.083 −0.137
(0.081) (0.440) (0.128) (0.727) (<.001) (0.513) (0.804) (0.008) (0.002) (0.016) (0.005) (0.130) (0.013)
FOROWN (2)   1 0.028 −0.186 −0.451 0.430 0.224 0.025 0.139 −0.010 0.427 0.141 0.077 −0.033
  (0.604) (<.001) (<.001) (<.001) (<.001) (0.659) (0.012) (0.860) (<.001) (0.011) (0.168) (0.548)
INSTOWN (3)    1 0.195 −0.257 0.164 0.258 −0.417 −0.082 − 0.139 0.216 0.023 −0.002 − 0.131
   (<.001) (<.001) (0.003) (<.001) (<.001) (0.139) (0.012) (<.001) (0.680) (0.975) (0.018)
DIROWN (4)     1 −0.026 −0.143 −0.216 0.050 0.015 0.051 −0.171 0.019 −0.029 −0.124
    (0.635) (0.010) (<.001) (0.364) (0.790) (0.358) (0.002) (0.736) (0.598) (0.025)
FAMOWN (5)      1 −0.085 −0.127 −0.103 −0.028 0.010 −0.111 − 0.037 0.033 0.021
     (0.125) (0.022) (0.063) (0.610) (0.856) (0.045) (0.508) (0.558) (0.712)
BDIND (6)       1 0.362 0.517 0.030 0.028 0.480 0.035 0.135 −0.103
      (<.001) (<.001) (0.585) (0.611) (<.001) (0.523) (0.015) (0.064)
BDFEM (7)        1 0.372 −0.049 −0.120 0.305 0.023 0.110 0.104
       (<.001) (0.381) (0.030) (<.001) (0.684) (0.048) (0.060)
BDSIDE (8)         1 0.196 −0.014 0.346 0.026 0.092 −0.140
        (<.001) (0.806) (<.001) (0.634) (0.099) (0.011)
SUSCOMM (9)          1 −0.280 0.215 0.036 0.086 −0.097
          (<.001) (<.001) (0.513) (0.120) (0.080)
GRI_LEVEL (10)           1 −0.127 −0.131 0.075 −0.078
          (0.022) (0.018) (0.179) (0.160)
FSIZE (11)            1 0.480 0.393 −0.197
           (<.001) (<.001) (<.001)
M/B (12)             1 0.437 −0.165
            (<.001) (0.003)
ROA (13)              1 −0.449
             (<.001)
LEV (14)               1
  1. Note: Numbers in parentheses are p-values
  2. Refer to Table 3 for definitions of variables