Table 2.

Falsification of hypotheses

HypothesesSubhypothesesFalsification
H1. Human Capital influences the risk of effectiveness (DTRL and MTRL) and efficiency (ETRL)H1aHC → DTRLİ
H1bHCj → MTRLİ
H1cHCj → ETRLİ
H2. Social Capital (SChj and SCcj) influences the risk of effectiveness (DTRL and MTRL) and efficiency (ETRL)H2aSChj → DTRLİ
H2bSChj → MTRLİ
H2cSChj→ ETRLİ
H2dSCcj→DTRLI
H2eSCcj → MTRLi
H2fSCcj → ETRLi
Source(s): Authors’ own work

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