Table 3

Correlation matrix and the discriminant validity

 IMCCPMPFP
IMC0.840   
CP0.5890.887  
MP0.4890.7730.876 
FP0.4850.7090.7310.892

Note(s): IMC = integrated marketing communications, CP = customer performance, MP = market performance, FP = financial performance. Mean, the average score for all items included in this measure, SD= standard deviation. Diagonal elements are the square root of the average variance extracted (AVE) between the constructs and their measures. Off-diagonal elements are correlations between constructs. For discriminant validity, diagonal elements should be larger than off-diagonal

Source(s): Own elaboration

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