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Table 4 Pearson coefficient correlation analysis

From: Does climate risk disclosure shape conservatism? The role of earnings quality in the Egyptian context

Variables	CONS	CRRD	EQ	Size	Lev	MTB	ROA	GRW	Loss
CONS	1
CRRD	0.017	1
EQ	− 0.043	− 0.027	1
Size	− 0.191*	0.138	− 0.066	1
Lev	0.349***	0.283**	0.013	− 0.094	1
MTB	0.183*	0.023	0.057	− 0.217**	0.305**	1
ROA	0.284**	− 0.133	− 0.084	− 0.236**	0.083	0.379***	1
GTW	0.146	− 0.169	0.262**	− 0.077	0.023	0.000	0.050	1
Loss	− 0.330***	− 0.204**	0.055	0.000	− 0.685***	− 0.389***	− 0.228**	0.021	1

No serious multicollinearity among the independent variables
*Significant at level 10%, **Significant at level 5%, ***Significant at level 1%

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