Table 6

Structural model assessment (mediation paths): simple indirect effects

Indirect  relationshipEffect  typeIndirect β  (without  controls)t  valuevalueIndirect β  (with controls)valuevalueDecision
GS → DKM → ERMSimple mediation0,3485,6030,0000,348 5,603 0,000Supported
GS → GP → ERMSimple mediation0,1421,9600,0500,142 1,960 0,050Supported
GS → ERM → PSimple mediation0,0511,2140,2250,050 1,199 0,231Rejected
Note(s):

Inclusion of control variables (firm size, firm maturity) did not alter the pattern of indirect effects, confirming the robustness of the mediation results

Source(s): Own elaboration

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