Table 1. Descriptive statistics Variables Mean S.D. 1 2 3 4 5 6 7 8 Net Profit 3.11 5.05 Margin Firm Size 23.65 54.38 .07 Portfolio 19.15 39.08 -.07 .53*** Size Industry 0.61 0.29 -.21*** .11† .17** Diversity National 5.32 6.19 -.10† .38*** .27*** .23*** Diversity Organ. 0.30 0.20 -.15* .01 .24*** .28*** .24** Diversity I Organ. 0.34 0.17 .07 .16** .18** .21*** .21** .25*** Diversity II Functional 0.60 0.26 .08 .15** .09 -.07 -.07 .24*** .25*** Diversity Gov. 0.36 0.26 -.12* .05 .14* .02 .18** .25*** .27*** .37*** Diversity N=276, *p<0.05, **p<0.01, ***p<0.001 †p<0.10, All variables pooled for descriptive purposes.
Table 1. Descriptive statistics Variables Mean S.D. 1 2 3 4 5 6 7 8 Net Profit Margin 3.11 5.05 Firm Size 23.65 54.38 .07 Portfolio Size 19.15 39.08 -.07 .53*** Industry Diversity 0.61 0.29 -.21*** .11† .17** National Diversity 5.32 6.19 -.10† .38*** .27*** .23*** Organ. Diversity I 0.30 0.20 -.15* .01 .24*** .28*** .24** Organ. Diversity II 0.34 0.17 .07 .16** .18** .21*** .21** .25*** Functional Diversity 0.60 0.26 .08 .15** .09 -.07 -.07 .24*** .25*** Gov. Diversity 0.36 0.26 -.12* .05 .14* .02 .18** .25*** .27*** .37*** N=276, †p<0.10, *p<0.05, **p<0.01, ***p<0.001 All variables pooled for descriptive purposes.
Jiang%20Tao%20and%20Santoro%20SMJ%20Forthcoming-1.docx