Table 5 Compiled correlation matrix for the independent variables
From: Financial constraints and investment decisions of listed Indian manufacturing firms
Independent variables | Change in sales | Cash flow | Leverage | Tangibility | Cash flow* Tangibility |
|---|---|---|---|---|---|
Change in sales | 1 | ||||
Cash Flow | −0.0249 | 1 | |||
Leverage | −0.6832 | −0.0735 | 1 | ||
Tangibility | 0.0205 | 0.2934 | − 0.0037 | 1 | |
Cash flow* Tangibility | −0.0346 | − 0.4716 | 0.0087 | − 0.6314 | 1 |