Table 4

Check test of the mediating influence: the sobel method

Stakeholders' engagement → legitimacy
a0.308** (0.092)
b0.483** (0.085)
Sobel Test2.88**
Percentage of the total effect that is mediated32.6
Ratio of the indirect to the direct effect0.48
Goodman test2.92**

Note(s): *p < 0.05; **p < 0.01

a = unstandardized regression coefficient for the relationship between Stakeholders' engagement and Legitimacy

b = unstandardized regression coefficient for the relationship between Legitimacy and Performance in innovation

Standard error in parentheses

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