Research Article
The Relations between QFII Holdings and Company Performance: Evidence from China’s A-Share Listed Companies
Table 4
Pearson correlation coefficients.
| | ROA | ROE | Tobin_Q | MaxQFII | Tat | Sal | Lev | Share | Size |
| ROA | 1.0000 | | | | | | | | | ROE | 0.3153 | 1.0000 | | | | | | | | Tobin_Q | 0.0149 | −0.0039 | 1.0000 | | | | | | | MaxQFII | 0.0018 | 0.0034 | 0.0017 | 1.0000 | | | | | | Tat | 0.0102 | 0.0030 | −0.0341 | −0.0182 | 1.0000 | | | | | Sal | 0.0005 | 0.0001 | −0.0033 | 0.0034 | −0.0042 | 1.0000 | | | | Lev | −0.0076 | −0.0027 | 0.0088 | −0.0013 | 0.0056 | 0.0004 | 1.0000 | | | Share | −0.0038 | −0.0009 | −0.0131 | −0.0100 | 0.0303 | −0.0013 | 0.0076 | 1.0000 | | Size | −0.0096 | 0.0011 | −0.0001 | −0.0021 | 0.0025 | 0.0000 | −0.0056 | 0.0075 | 1.0000 |
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Source: GTA database.
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