Modelling Investment Choice Preference of Government Venture Capital Guiding Funds

Table 5

Correlation results of the main variables that affect the investment amount model.

	Y2	AGE	STOCK	TURN	OC	ROE	CS	INSIZE	TTM	LOA	PORIR
Y2	1
AGE	0.005	1
STOCK	0.180	−0.090	1
TURN	0.159	0.117	−0.229	1
OC	−0.161	−0.158	0.354	−0.359	1
ROE	0.016	0.011	−0.123	0.124	0.032	1
CS	0.031	0.081	0.069	−0.033	0.107	−0.0284	1
INSIZE	0.274	0.263	−0.428	0.330	−0.511	0.194	0.276	1
TTM	0.052	0.098	−0.195	0.151	−0.115	0.828	−0.152	0.322	1
LOA	−0.049	−0.139	0.078	0.056	0.032	0.091	−0.135	−0.251	0.013	1
PORIR	−0.083	−0.089	−0.023	−0.069	−0.008	0.055	0.014	0.060	0.091	0.015	1

Note: variable definitions are in Table 3. , , and indicate significance at 10%, 5%, and 1%, respectively.