Id |
Subject |
Object |
Predicate |
Lexical cue |
T566 |
0-28 |
Sentence |
denotes |
Table 3 Correlation matrix. |
T567 |
29-37 |
Sentence |
denotes |
Panel A: |
T568 |
38-79 |
Sentence |
denotes |
Correlation Variables CAR [ −1, 1] to R&D |
T569 |
80-109 |
Sentence |
denotes |
1 2 3 4 5 6 7 8 |
T570 |
110-184 |
Sentence |
denotes |
1 CAR [−1, 1] 0.761 0.000 −0.010 0.022 −0.016 −0.017 −0.007 |
T571 |
185-259 |
Sentence |
denotes |
2 CAR [−2, 2] 0.792 0.001 −0.006 0.024 −0.019 −0.021 −0.008 |
T572 |
260-327 |
Sentence |
denotes |
3 CIPHT −0.008 −0.009 0.267 0.002 0.011 0.012 0.017 |
T573 |
328-397 |
Sentence |
denotes |
4 PRO_CASE 0.010 0.013 0.107 0.008 0.025 0.032 0.022 |
T574 |
398-465 |
Sentence |
denotes |
5 SIZE 0.004 0.005 0.006 −0.008 −0.323 −0.440 0.174 |
T575 |
466-530 |
Sentence |
denotes |
6 ROA −0.002 −0.003 −0.001 0.003 0.065 0.398 −0.117 |
T576 |
531-601 |
Sentence |
denotes |
7 CURR −0.011 −0.015 −0.001 −0.005 −0.271 0.025 −0.063 |
T577 |
602-666 |
Sentence |
denotes |
8 R&D 0.006 0.007 −0.007 −0.003 0.014 0.003 −0.006 |
T578 |
667-743 |
Sentence |
denotes |
9 LOSS −0.001 −0.002 −0.008 0.012 −0.065 −0.144 −0.009 −0.004 |
T579 |
744-816 |
Sentence |
denotes |
10 LEV 0.004 0.005 −0.004 −0.003 0.103 −0.275 −0.208 0.000 |
T580 |
817-894 |
Sentence |
denotes |
11 OPCF −0.012 −0.016 0.001 −0.031 −0.090 0.075 0.066 −0.006 |
T581 |
895-970 |
Sentence |
denotes |
12 TURN 0.000 0.000 0.001 −0.015 −0.182 −0.046 −0.014 −0.010 |
T582 |
971-1047 |
Sentence |
denotes |
13 CEO_AGE 0.002 0.003 −0.012 −0.019 0.107 0.025 −0.003 0.013 |
T583 |
1048-1121 |
Sentence |
denotes |
14 CEO_COM 0.001 0.001 0.007 0.007 0.024 0.000 −0.013 0.000 |
T584 |
1122-1201 |
Sentence |
denotes |
15 CEO_TEN 0.006 0.008 0.009 −0.004 0.062 −0.016 −0.015 −0.015 |
T585 |
1202-1282 |
Sentence |
denotes |
16 CEO_DUA −0.005 −0.006 0.005 −0.038 0.030 0.035 0.024 −0.007 |
T586 |
1283-1291 |
Sentence |
denotes |
Panel B: |
T587 |
1292-1329 |
Sentence |
denotes |
Correlation Variables LOSS to CEO_DUA |
T588 |
1330-1366 |
Sentence |
denotes |
9 10 12 11 13 14 15 16 |
T589 |
1367-1449 |
Sentence |
denotes |
1 CAR [−1, 1] −0.005 0.019 −0.017 −0.009 0.008 −0.002 0.007 −0.006 |
T590 |
1450-1531 |
Sentence |
denotes |
2 CAR [−2, 2] −0.006 0.024 −0.023 −0.011 0.009 0.001 0.009 −0.007 |
T591 |
1532-1604 |
Sentence |
denotes |
3 CIPHT −0.008 0.000 0.001 0.001 −0.009 0.016 0.009 0.006 |
T592 |
1605-1683 |
Sentence |
denotes |
4 PRO_CASE −0.006 −0.014 0.021 0.004 −0.009 0.013 0.009 0.023 |
T593 |
1684-1759 |
Sentence |
denotes |
5 SIZE −0.052 0.465 −0.159 −0.325 0.089 −0.274 0.042 0.002 |
T594 |
1760-1834 |
Sentence |
denotes |
6 ROA −0.460 −0.426 0.338 0.482 0.056 −0.125 0.021 0.081 |
T595 |
1835-1909 |
Sentence |
denotes |
7 CURR −0.065 −0.815 0.183 0.113 0.036 0.077 0.047 0.040 |
T596 |
1910-1982 |
Sentence |
denotes |
8 R&D 0.003 0.056 −0.109 −0.165 0.060 0.018 0.083 0.022 |
T597 |
1983-2054 |
Sentence |
denotes |
9 LOSS 0.071 −0.069 −0.038 −0.066 −0.460 −0.057 −0.047 |
T598 |
2055-2126 |
Sentence |
denotes |
10 LEV 0.080 −0.285 −0.126 −0.045 −0.059 −0.063 −0.045 |
T599 |
2127-2197 |
Sentence |
denotes |
11 OPCF −0.022 −0.132 0.206 0.026 −0.077 −0.014 0.042 |
T600 |
2198-2267 |
Sentence |
denotes |
12 TURN 0.024 0.116 0.142 −0.006 −0.175 −0.046 0.032 |
T601 |
2268-2340 |
Sentence |
denotes |
13 CEO_AGE −0.065 −0.066 −0.012 −0.046 0.004 0.269 0.066 |
T602 |
2341-2413 |
Sentence |
denotes |
14 CEO_COM −0.038 0.009 −0.010 −0.018 0.007 0.075 −0.002 |
T603 |
2414-2487 |
Sentence |
denotes |
15 CEO_TEN −0.049 −0.037 −0.048 −0.062 0.283 −0.003 0.116 |
T604 |
2488-2559 |
Sentence |
denotes |
16 CEO_DUA −0.043 −0.026 0.008 −0.015 0.067 0.012 0.101 |
T605 |
2560-2565 |
Sentence |
denotes |
Note: |
T606 |
2566-2622 |
Sentence |
denotes |
Correlations are based on 178,805 firm-day observations. |
T607 |
2623-2685 |
Sentence |
denotes |
Pearson (Spearman) correlations in the lower (upper) diagonal. |
T608 |
2686-2777 |
Sentence |
denotes |
Correlation coefficients in bold are statistically significant at the 0.10 level or better. |
T609 |
2778-2843 |
Sentence |
denotes |
See Appendix A for definitions and measurements of the variables. |