Table 3 Results of composite reliability...

Table 3

Results of composite reliability and convergent validity

Latent variable	Loading	p-value
Governance structure (composite reliability = 0.839); (AVE = 0.511)
GS1	0.661	<0.001
GS2	0.857	<0.001
GS3	0.870	<0.001
GS4	0.915	<0.001
GS5	0.622	<0.001
GS6	0.910	<0.001
Management succession planning (composite reliability = 0.883); (AVE = 0.606)
MSP11	0.874	<0.001
MSP12	0.863	<0.001
MSP13	0.646	<0.001
MSP14	0.642	<0.001
MSP15	0.834	<0.001
Perceived success of succession process((composite reliability = 0.939); (AVE = 0.767)
PSS16	0.826	<0.001
PSS17	0.866	<0.001
PSS18	0.823	<0.001
PSS19	0.906	<0.001
PSS20	0.917	<0.001
PSS21	0.910	<0.001

Latent variable	Loading	p-value
Governance structure (composite reliability = 0.839); (AVE = 0.511)
GS1	0.661	<0.001
GS2	0.857	<0.001
GS3	0.870	<0.001
GS4	0.915	<0.001
GS5	0.622	<0.001
GS6	0.910	<0.001
Management succession planning (composite reliability = 0.883); (AVE = 0.606)
MSP11	0.874	<0.001
MSP12	0.863	<0.001
MSP13	0.646	<0.001
MSP14	0.642	<0.001
MSP15	0.834	<0.001
Perceived success of succession process((composite reliability = 0.939); (AVE = 0.767)
PSS16	0.826	<0.001
PSS17	0.866	<0.001
PSS18	0.823	<0.001
PSS19	0.906	<0.001
PSS20	0.917	<0.001
PSS21	0.910	<0.001

Note(s): CR of 0.70 or more: sufficient reliability. (2) AVE of 0.50 or more: convergent validity

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