Research on Technological Innovation Investment, Financing Constraints, and Corporate Financial Risk: Evidence from China

Table 4

Pearson correlation coefficient test.

	Z-risk	RDR	SA	Size	Age	DFL	OC	POR
Z-risk	1
RDR	0.240	1
SA	0.083	0.039	1
Size	−0.332	−0.037	−0.163	1
Age	−0.031	−0.045	−0.969	0.094	1
DFL	−0.305	−0.141	−0.058	0.162	0.043	1
OC	0.066	−0.143	0.116	−0.053	−0.087	−0.128	1
POR	−0.372	−0.217	−0.153	0.870	0.086	0.162	−0.017	1

Note., , and are significant at 1%, 5% and 10%, respectively, the same in the following.