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Table 4 Pairwise correlations results of full sample

From: Nexus of governance, macroeconomic conditions, and financial stability of banks: a comparison of developed and emerging countries

 

Variables

1

2

3

4

5

6

7

8

9

10

11

(1)

FSI

1.000

          

(2)

INFL

0.109***

1.000

         

(3)

IR

0.162***

 − 0.002

1.000

        

(4)

MS

0.003

 − 0.067**

0.000

1.000

       

(5)

GDPG

0.238***

0.086***

0.058*

0.035

1.000

      

(6)

V & A

 − 0.334***

 − 0.290***

 − 0.144***

 − 0.043

 − 0.231***

1.000

     

(7)

PS

 − 0.155***

 − 0.313***

 − 0.182***

0.038

 − 0.171***

0.456***

1.000

    

(8)

GE

 − 0.339***

 − 0.371***

 − 0.278***

0.189***

 − 0.180***

0.377***

0.523***

1.000

   

(9)

RQ

 − 0.341***

 − 0.372***

 − 0.218***

0.167***

 − 0.187***

0.490***

0.357***

0.434***

1.000

  

(10)

RL

 − 0.347***

 − 0.345***

 − 0.244***

0.129***

 − 0.194***

0.334***

0.465***

0.557***

0.921***

1.000

 

(11)

CC

 − 0.299***

 − 0.322***

 − 0.240***

0.137***

 − 0.177***

0.480***

0.547***

0.529***

0.573***

0.455***

1.000

  1. ***p < 0.01 (1%), **p < 0.05 (5%), *p < 0.1(10%)