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

Source: GTA database.