From: Raising capital amid economic policy uncertainty: an empirical investigation
 | EPU | Long-term investor | Institutional investor | Concentration | Insider optimism | Market optimism | Board size | Firm size | Analyst coverage | Analyst variance |
---|---|---|---|---|---|---|---|---|---|---|
EPU | 1 | Â | Â | Â | Â | Â | Â | Â | Â | Â |
Long-term investor | 0.0704 | 1 | Â | Â | Â | Â | Â | Â | Â | Â |
Institutional investor | − 0.0388 | − 0.102 | 1 |  |  |  |  |  |  |  |
Concentration | − 0.0416 | − 0.154 | 0.7958 | 1 |  |  |  |  |  |  |
Insider optimism | 0.0259 | − 0.0468 | − 0.0034 | − 0.0037 | 1 |  |  |  |  |  |
Market optimism | − 0.0118 | − 0.0178 | 0.017 | 0.0038 | 0.0496 | 1 |  |  |  |  |
Board size | 0.0221 | 0.1846 | − 0.0048 | − 0.0369 | − 0.0454 | − 0.0189 | 1 |  |  |  |
Firm size | − 0.0217 | 0.279 | − 0.0193 | − 0.0705 | − 0.1061 | − 0.0419 | 0.478 | 1 |  |  |
Analyst coverage | − 0.0147 | 0.1962 | 0.0014 | − 0.0481 | − 0.0185 | 0.0965 | 0.226 | 0.6355 | 1 |  |
Analyst variance | − 0.0431 | 0.0738 | 0.0498 | 0.0142 | 0.0091 | 0.0325 | 0.0607 | 0.1868 | 0.2463 | 1 |