Table 5.

Hypothesis testing

HypothesesPathPath coefficientt-statisticsDecision
H1BS → BLo0.0891.76Rejected
H2BS → EBA0.63214.50*Supported
H3BS → BL0.2735.37*Supported
H4EBA → BL0.62916.08*Supported
H5EBA → BLo−0.0100.18Rejected
H6BL → BLo0.77314.41*Supported

Note:

*

p < 0.001

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