Analysis of corporate sustainability performance and corporate financial performance causal linkage in the Indian context

Asian Journal of Sustainability and Social Responsibility

Table 5 Correlations

	ESG	E	S	G	ROA	ROE	TOBINSQ	FAGE	FSIZE	R_D	RISK
ESG	1
E	0.9577***	1
S	0.8411***	0.6769***	1
G	0.7734***	0.6972***	0.5603***	1
ROA	0.0379*	0.0500**	0.0013	0.0835***	1
ROE	0.0133	0.0281	−0.0296	0.0490**	0.7142***	1
TOBINSQ	−0.02	−0.0481**	0.0446**	0.0136	0.6139***	0.4198***	1
FAGE	0.0198	0.0188	0.0626***	−0.0896***	−0.0393*	0.014156	0.012291	1
FSIZE	0.474017	0.3801***	0.5300***	0.3722***	0.1949***	0.1597***	0.2655***	0.0546**	1
R_D	−0.0043	0.0075	−0.0183	−0.0088	0.0637***	0.0319	0.0494**	0.0291	0.0636***	1
RISK	−0.0477**	−0.0754***	0.0238	−0.0910***	− 0.4901***	−0.4186***	− 0.3942***	0.0063	− 0.1534***	−0.1321***	1