Table 6.

Regression estimates – Pakistan

HypothesesStd Est.S.E.C.R.p-valueStatus
H1: Dlead → WIscl0.730.1725.565***Significant
H2: WIscl → Oper−0.170.379−0.8820.378Non-significant
H3: Dlead → Oper (Direct)0.400.5361.9180.055Non-significant
H3: Dlead → Oper (Indirect)−0.130.183(Indirect)0.481No mediation
Dimension wise effect
Dlead → fper0.140.071(Indirect)0.009**Effect
Dlead → sper0.170.071(Indirect)0.010**Effect
Dlead → tinvo0.230.052(Indirect)0.006**Effect
Dlead → IInvo0.370.051(Indirect)0.010**Effect
Dlead → iclim0.420.064(Indirect)0.006**Effect
Dlead → OInvo0.430.057(Indirect)0.007**Effect
WIscl → fper−0.090.139(Indirect)0.434No effect
WIscl → sper−0.110.143(Indirect)0.351No effect

Notes(s):

Sig level

***=0.001,

**=0.01,

*=0.05

Source(s): Table by authors

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