Table AIV

Loading factors for each variable after eliminating KI, EKO and PROD as proxies

VariableProxyLoading factorp-valueConclusion
FPROA(0.897)<0.001Meet the convergent validity
 EPS(0.653)<0.001Meet the convergent validity
 TOBS(0.773)<0.001Meet the convergent validity
GCGKIND(0.668)<0.001Meet the convergent validity
 KA(0.668)<0.001Meet the convergent validity
CSRLING(0.784)<0.001Meet the convergent validity
 SOS(0.784)<0.001Meet the convergent validity
EMDA1.000<0.001Meet the convergent validity

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