Does Intellectual Capital Investment Improve Financial Competitiveness and Green Innovation Performance? Evidence from Renewable Energy Companies in China

Table 7

Correlation analysis.

Variable	1	2	3	4	5	6	7	8	9	10	11	12	13
1 FC	1
2 GP	0.010	1
3 GIP	0.013	0.784	1
4 GNIP	0.007	0.907	0.451	1
5 MVAIC	0.152	0.024	0.004	0.032	1
6 CEE	−0.087	0.160	0.138	0.137	−0.011	1
7 HCE	0.142	−0.002	−0.019	0.009	0.994	−0.092	1
8 SCE	0.222	0.039	0.016	0.045	0.536	−0.071	0.506	1
9 RCE	0.018	0.121	0.113	0.098	−0.051	0.162	−0.109	−0.328	1
10 INCE	0.064	0.144	0.139	0.114	−0.076	−0.031	−0.115	−0.291	0.514	1
11 SIZE	−0.027	0.104	0.058	0.111	0.086	0.154	0.091	0.086	−0.266	−0.220	1
12 LEV	−0.302	0.067	−0.008	0.101	0.059	0.426	0.043	−0.005	−0.158	−0.226	0.572	1
13 GDP	0.022	−0.106	−0.084	−0.095	−0.020	0.066	−0.027	0.049	−0.015	−0.053	−0.128	−0.032	1

, , and .