Table
4.
Matrix
of
correlations
Variables
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(1)
return_on_asset
1.00
(2)
tobin_q_ratio
0.51
1.00
(3)
fncl_lvrg
–0.25
0.06
1.00
(4)
size
0.04
0.26
0.26
1.00
(5)
energy_efficie~y
–0.27
–0.04
0.20
–0.08
1.00
(6)
total_adoptofs~s
0.08
–0.02
–0.06
0.10
–0.06
1.00
(7)
total_associat~s
–0.15
–0.04
0.08
0.47
–0.14
0.06
1.00
(8)
total_communic~s
0.09
–0.01
0.05
0.33
–0.17
0.22
0.34
1.00
(9)
total_donation~s
–0.04
–0.01
–0.05
0.26
–0.12
0.08
0.15
0.26
1.00
(10)
total_assetmo~s
0.06
–0.15
0.05
0.22
0.00
–0.01
0.26
0.41
0.31
1.00
(11)
total_incenti~s
0.06
0.08
–0.06
0.04
0.01
–0.04
–0.01
0.10
–0.04
0.16
1.00
(12)
total_modific~u
0.06
–0.08
–0.03
0.28
–0.24
0.27
0.29
0.55
0.30
0.39
–0.01
1.00
(13)
total_newprod~s
–0.03
–0.16
0.03
0.11
–0.13
0.30
0.14
0.25
0.03
–0.00
–0.02
0.28
1.00
(14)
total_orgstru~g
–0.04
–0.05
0.11
0.18
–0.09
–0.00
0.40
0.46
0.10
0.18
–0.05
0.21
0.44
1.00
(15)
total_rdinves~s
–0.01
–0.08
0.01
0.18
–0.12
0.11
0.37
0.43
0.17
0.48
0.12
0.47
0.48
0.37
1.00
(16)
total_training
0.16
0.07
0.12
0.24
–0.08
0.22
0.17
0.49
0.04
0.30
0.10
0.44
0.10
0.18
0.25
1.00
(17)
total_volunte~m
0.12
–0.10
–0.04
0.08
–0.08
0.14
0.16
0.15
0.11
0.20
0.45
0.24
0.16
0.04
0.31
0.08
1.00
(18)
total_assess_~t
0.01
–0.12
–0.07
0.12
–0.05
–0.05
0.22
0.47
0.25
0.44
–0.01
0.46
0.07
0.36
0.36
0.23
0.05
1.00
*
(Return
on
Asset,
Tobin’s
Q
Ratio,
Financial
Leverage,
Size,
Energy
Efficiency,
Total
Adoption
of
Standards,
Total
Associations,
Total
Communications,
Total
Donations
and
Funding,Total
Asset
Modifications,
Total
Incentives,
Total
Modification
of
Procedures,
Total
New
Product
Introductions,
Total
Organizational
Restructuring,
Total
Research
and
Development
Investments,
Total
Training,
Total
Volunteerism,
Total
Assessment
and
Measurement
XXXI International Mineral Processing Congress 2024 Proceedings/Washington, DC/Sep 29–Oct 3 281