The Regulatory Effect of Firm Size on Digital Transformation: An Empirical Study of Pharmaceutical Companies in China

Table 2

The validity of variables.

Variable	CR	AVE	Correlation of variables
			CN	MC	GP	TT	DS	OC	LS	DT
CN	0.837	0.563	(0.750)
MC	0.893	0.680	0.428^∗^∗	(0.824)
GP	0.839	0.634	0.541^∗^∗	0.547^∗^∗	(0.796)
TT	0.856	0.664	0.429^∗^∗	0.524^∗^∗	0.545^∗^∗	(0.815)
DS	0.889	0.728	0.220^∗^∗	0.199^∗^∗	0.233^∗^∗	0.169^∗^∗	(0.853)
OC	0.861	0.608	0.376^∗^∗	0.315^∗^∗	0.342^∗^∗	0.259^∗^∗	0.468^∗^∗	(0.780)
LS	0.877	0.705	0.274^∗^∗	0.225^∗^∗	0.280^∗^∗	0.180^∗^∗	0.407^∗^∗	0.481^∗^∗	(0.839)
DT	0.854	0.594	0.418^∗^∗	0.432^∗^∗	0.449^∗^∗	0.396^∗^∗	0.382^∗^∗	0.552^∗^∗	0.428^∗^∗	(0.771)

Notes: ^∗∗. The square root of AVE is presented in parentheses.