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CHAPTER 1: INTRODUCTION 1.0 Chapter Overview - DSpace@UM

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As depicted in Table 4.17, 4 out of 6 control variables were found to be significantlycorrelated. Firm age (r = 0.26, p < 0.01), firm size (r = 0.19, p < 0.05) and firm type (r =0.29, p < 0.01) were found positively and significantly correlated with organizationaloutcomes. However, staff turnover (r = -0.41, p < 0.01) negatively and significantlycorrelated with organizational outcomes. Thus, hypothesis H4 was partially supported.4.8.4 Summary Of Pearson-Moment CorrelationTable 4.18 showed a summary of hypothesis testing by using Pearson-Momentcorrelation between independent, control, and dependent variables.Table 4.18: Summary Of Hypothesis Testing Using Pearson Product-Moment CorrelationBetween Independent, Control, And Dependent VariablesHypothesis Association Between Variables Significance ConclusionH2 TotOC vs TotCR Yes H2 SupportedTotCR vs Firm AgeNoTotCR vs Firm SizeYesH3TotCR vs IndustryTotCR vs Firm TypeNoNoH3 Partially SupportedTotCR vs Firm ListingNoTotCR vs Staff TurnoverYesTotOC vs Firm AgeYesTotOC vs Firm SizeYesH4TotOC vs IndustryTotOC vs Firm TypeNoYesH4 Partially SupportedTotOC vs Firm ListingNoTotOC vs Staff TurnoverNote: TotOC = Organizational Outcomes, andTotCR = Succession Planning CharacteristicsYes81

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