Relationship between Financial Asset Allocation, Leverage Ratio, and Risk-Taking of Small- and Medium-Sized Enterprises in China: Taking Environment-Related Industries as an Example

Table 3

The Pearson correlation coefficient matrix of the variable.

	Risk	Lev	Fin^2	Fin	Size	Age	Growth	Roa	Gdp	Social
Risk	1.000
Lev	0.033	1.000
Fin^2	0.236	−0.023	1.000
Fin	0.227	−0.016	0.956	1.000
Size	−0.036	0.195	0.031	0.297	1.000
Age	−0.008	0.264	0.226	0.037	0.315	1.000
Growth	−0.013	−0.075	−0.069	0.028	−0.019	0.320	1.000
Roa	0.026	−0.162	−0.153	−0.306	−0.362	−0.019	−0.096	1.000
Gdp	0.029	−0.019	−0.014	0.135	−0.226	−0.356	0.068	0.165	1.000
Social	0.021	−0.003	−0.002	0.086	−0.126	−0.235	−0.010	−0.095	0.365	1.000

Notes. , , mean significant at the level of 10%, 5% and 1% respectively.