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Table 3 Descriptive statistics of main variables and correlation matrix

From: Family involvement, firm size, and performance of private-owned enterprises

 

Variables

Mean

SD

1

2

3

4

5

6

1

ROE

2.14

1.33

1

     

2

Family ownership

0.81

0.28

0.031

1

    

3

Family management

0.26

0.33

0.042

0.295*

1

   

4

Family intentions

0

1

0.002

0.190*

0.362*

1

  

5

Firm size

174.71

384.73

0.151*

−0.121*

−0.139*

−0.129*

1

 

6

Firm age

8.73

4.65

0.100*

0.052*

−0.005

−0.047*

0.158*

1

  1. *p < 0.05