Table 4.

Structural model results – parameter results; R2 and Q2

Stakeholder performanceCFP
HOrig. Est.Boot. meanBoot. SD|T|95% cif2p-valueHOrig. Est.Boot. meanBoot. SD|T|95% cif2p-value
Firm size (rev.)---−0.076−0.0810.0701.095−0.177, 0.0640.0080.274---−0.161−0.1640.0722.237−0.301, −0.0260.0420.025
SNMS (H1–H3)10.1820.1790.0862.1180.034, 0.3080.0430.0342−0.313−0.3150.0714.383−0.332, −0.0560.1490.000
MS (H4 and H5)40.4530.4650.0746.1610.231, 0.4440.2690.00050.4090.4240.1063.8510.335, 0.5620.2120.000
Stake. Perf. (H6)---60.3400.3320.0993.431 0.1420.001
R2 value0.2770.411
Q2 value0.1110.164

Notes:

SNMS = social nonmarket strategy; MS = market strategy; Stake Perf. = stakeholder performance; CFP = corporate financial performance

1; |t| is to be interpreted as an indication of magnitude only.

2. 95% CIs are percentile based, with bias correction, based on the accelerated bootstrap method.

3. H3 is not reported here in the interest of parsimony

Source:Author's own work

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