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Table 5 Correlation Matrix

From: Testing the governance-performance relationship for the Tunisian banks: a GMM in system analysis

 NimBsDualIndStateExtInstCroCompLiqrCdrSize
Nim1.0000           
Bs0.07241.0000          
Dual0.2621−0.08381.0000         
Ind0.0384− 0.3961− 0.22511.0000        
State−0.03580.18780.3288− 0.28441.0000       
Ext−0.1031− 0.2265− 0.28900.0712− 0.62561.0000      
Inst−0.1378− 0.1353− 0.40820.1435− 0.70010.20191.0000     
Cro−0.2063− 0.2181− 0.21930.1933− 0.26750.30350.28311.0000    
Comp−0.2234− 0.2917− 0.23880.1573− 0.65630.47510.37870.29711.0000   
Liqr−0.1628− 0.07130.1329− 0.07770.1321− 0.0657− 0.10570.1505− 0.07891.0000  
Cdr−0.0879−0.1756− 0.14890.2733− 0.13830.12280.17890.3968−0.18960.12881.0000 
Size−0.33510.1045−0.28150.1699−0.0102−0.07190.03850.0425−0.1999−0.22420.25651.0000
  1. Source: Author’s calculations based on data from the banks’ annual reports