Structural model results – parameter results; R2 and Q2
| Stakeholder performance | CFP | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| H | Orig. Est. | Boot. mean | Boot. SD | |T| | 95% ci | f2 | p-value | H | Orig. Est. | Boot. mean | Boot. SD | |T| | 95% ci | f2 | p-value | |
| Firm size (rev.) | --- | −0.076 | −0.081 | 0.070 | 1.095 | −0.177, 0.064 | 0.008 | 0.274 | --- | −0.161 | −0.164 | 0.072 | 2.237 | −0.301, −0.026 | 0.042 | 0.025 |
| SNMS (H1–H3) | 1 | 0.182 | 0.179 | 0.086 | 2.118 | 0.034, 0.308 | 0.043 | 0.034 | 2 | −0.313 | −0.315 | 0.071 | 4.383 | −0.332, −0.056 | 0.149 | 0.000 |
| MS (H4 and H5) | 4 | 0.453 | 0.465 | 0.074 | 6.161 | 0.231, 0.444 | 0.269 | 0.000 | 5 | 0.409 | 0.424 | 0.106 | 3.851 | 0.335, 0.562 | 0.212 | 0.000 |
| Stake. Perf. (H6) | --- | 6 | 0.340 | 0.332 | 0.099 | 3.431 | 0.142 | 0.001 | ||||||||
| R2 value | 0.277 | 0.411 | ||||||||||||||
| Q2 value | 0.111 | 0.164 | ||||||||||||||
| Stakeholder performance | CFP | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| H | Orig. Est. | Boot. mean | Boot. SD | | | 95% ci | H | Orig. Est. | Boot. mean | Boot. SD | | | 95% ci | |||||
| Firm size (rev.) | --- | −0.076 | −0.081 | 0.070 | 1.095 | −0.177, 0.064 | 0.008 | 0.274 | --- | −0.161 | −0.164 | 0.072 | 2.237 | −0.301, −0.026 | 0.042 | 0.025 |
| SNMS ( | 0.182 | 0.179 | 0.086 | 2.118 | 0.034, 0.308 | 0.043 | 0.034 | −0.313 | −0.315 | 0.071 | 4.383 | −0.332, −0.056 | 0.149 | 0.000 | ||
| MS ( | 0.453 | 0.465 | 0.074 | 6.161 | 0.231, 0.444 | 0.269 | 0.000 | 0.409 | 0.424 | 0.106 | 3.851 | 0.335, 0.562 | 0.212 | 0.000 | ||
| Stake. Perf. ( | --- | 0.340 | 0.332 | 0.099 | 3.431 | 0.142 | 0.001 | |||||||||
| 0.277 | 0.411 | |||||||||||||||
| 0.111 | 0.164 | |||||||||||||||
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
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