Evaluation of the structural model
| Full sample | Large/SMEs | MGA | SMEs Belarus/SMEs Spain | MGA | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| b | t-value | b | t-value | [df] | p | b | t-value | [df] | p | |
| IMC → CP | 0.589*** | 21,529 | 0.576***/0.633*** | 13.842/19.583 | 0.057 | 0.285 | 0.558***/0.832*** | 12.079/30.994 | 0.274 | 0.000 |
| CP → MP | 0.743*** | 27,382 | 0.926***/0.576*** | 27.922/11.803 | 0.350 | 0.000 | 0.570***/0.861*** | 8.484/8.521 | 0.291 | 0.011 |
| CP → FP | 0.802*** | 39,137 | 0.796***/0.903*** | 24.707/32.679 | 0.107 | 0.006 | 0.879***/0.812*** | 26.601/12.554 | 0.067 | 0.350 |
| Direct effect: MC → MP | 0.051 ns | 1754 | −0.205***/0.236*** | 4.903/5.429 | 0.441 | 0.000 | 0.179***/−0.021 ns | 3.248/0.181 | 0.200 | 0.064 |
| Indirect effect: IMC → CP → MP | 0.438*** | 16,882 | 0.533***/0.364*** | 10.338/10.304 | 0.169 | 0.000 | 0.318***/0.676*** | 10.650/10.955 | 0.185 | 0.000 |
| Total effect: IMC → MP | 0.489*** | 15,271 | 0.328***/0.600*** | 5.571/18.850 | 0.272 | 0.000 | 0.497***/0.696*** | 11.761/12.579 | 0.199 | 0.002 |
| Direct effect: IMC → FP | 0.012 ns | 0.411 | −0.001 ns/−0.128*** | 0.011/3.452 | 0.127 | 0.032 | −0.125***/0.011 ns | 2.794/0.181 | 0.137 | 0.004 |
| Indirect effect: IMC → CP → FP | 0.473*** | 17,801 | 0.459***/0.572*** | 11.863/15.791 | 0.113 | 0.016 | 0.490***/0.717*** | 6.937/8.347 | 0.398 | 0.007 |
| Total effect: MC → FP | 0.485*** | 14,086 | 0.458***/0.444*** | 8.396/9.502 | 0.014 | 0.418 | 0.365***/0.787*** | 5.468/23.450 | 0.422 | 0.000 |
| Full sample | Large/SMEs | MGA | SMEs Belarus/SMEs Spain | MGA | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| [df] | [df] | |||||||||
| IMC → CP | 0.589*** | 21,529 | 0.576***/0.633*** | 13.842/19.583 | 0.057 | 0.285 | 0.558***/0.832*** | 12.079/30.994 | 0.274 | 0.000 |
| CP → MP | 0.743*** | 27,382 | 0.926***/0.576*** | 27.922/11.803 | 0.350 | 0.000 | 0.570***/0.861*** | 8.484/8.521 | 0.291 | 0.011 |
| CP → FP | 0.802*** | 39,137 | 0.796***/0.903*** | 24.707/32.679 | 0.107 | 0.006 | 0.879***/0.812*** | 26.601/12.554 | 0.067 | 0.350 |
| 0.051 ns | 1754 | −0.205***/0.236*** | 4.903/5.429 | 0.441 | 0.000 | 0.179***/−0.021 ns | 3.248/0.181 | 0.200 | 0.064 | |
| 0.438*** | 16,882 | 0.533***/0.364*** | 10.338/10.304 | 0.169 | 0.000 | 0.318***/0.676*** | 10.650/10.955 | 0.185 | 0.000 | |
| 0.489*** | 15,271 | 0.328***/0.600*** | 5.571/18.850 | 0.272 | 0.000 | 0.497***/0.696*** | 11.761/12.579 | 0.199 | 0.002 | |
| 0.012 ns | 0.411 | −0.001 ns/−0.128*** | 0.011/3.452 | 0.127 | 0.032 | −0.125***/0.011 ns | 2.794/0.181 | 0.137 | 0.004 | |
| 0.473*** | 17,801 | 0.459***/0.572*** | 11.863/15.791 | 0.113 | 0.016 | 0.490***/0.717*** | 6.937/8.347 | 0.398 | 0.007 | |
| 0.485*** | 14,086 | 0.458***/0.444*** | 8.396/9.502 | 0.014 | 0.418 | 0.365***/0.787*** | 5.468/23.450 | 0.422 | 0.000 | |
Note(s): IMC = integrated marketing communications, CP = customer performance, MP = market performance, FP = financial performance. b = path coefficients; df = path coefficient difference; ns = not significante; S = supported, R = rejected; SE = suppression effect, FM = full mediation, PM = partial mediation. P = p-Value; * = p < 0.01, ns = p > 0.1
Source(s): Own elaborations
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