Research Article
The Level of Regional Economic Development, Green Image, and Enterprise Environmental Protection Investment: Empirical Evidence from China
Table 3
Research variable correlation analysis.
| Variables | EI | GIM | EDL | EPS | LEV | FLOW | CASH | OPP | SIZE | BALANCE | COST |
| EI | 1 | | | | | | | | | | | GIM | 0.0619 | 1 | | | | | | | | | | EDL | 0.0658 | 0.2259 | 1 | | | | | | | | | EPS | 0.0818 | 0.0918 | 0.0037 | 1 | | | | | | | | LEV | −0.0663 | −0.0907 | −0.1782 | −0.2641 | 1 | | | | | | | FLOW | −0.0083 | 0.0201 | −0.0991 | 0.2659 | −0.0954 | 1 | | | | | | CASH | 0.0895 | 0.0442 | 0.0667 | 0.3471 | −0.4444 | 0.0609 | 1 | | | | | OPP | 0.1026 | −0.0785 | −0.0324 | 0.2103 | −0.4437 | 0.1143 | 0.2784 | 1 | | | | SIZE | −0.0536 | 0.1469 | 0.0532 | 0.1388 | 0.4210 | 0.0520 | −0.1741 | −0.4599 | 1 | | | BALANCE | −0.0252 | −0.0977 | −0.2461 | 0.1132 | 0.0471 | 0.0253 | 0.0751 | −0.0329 | 0.0439 | 1 | | COST | 0.0776 | −0.0351 | 0.1819 | −0.1267 | −0.2090 | −0.1001 | 0.087 | 0.2435 | −0.3278 | −0.1730 | 1 |
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Notes., , and represent the significance level of 1%, 5%, and 10%, respectively. |