Hypothesis testing results
| Structural paths | Coefficient | SE | z-value |
|---|---|---|---|
| Direct effects | |||
| Company size → Sustainability performance | −0.009 | 0.016 | −0.59 |
| Company exports → Sustainability performance | 0.050 | 0.082 | 0.61 |
| Company size → Business performance | −0.012 | 0.022 | −0.51 |
| Company exports → Business performance | −0.054 | 0.097 | −0.56 |
| Supply-side governance → Sustainability performance | 0.059 | 0.060 | 0.99 |
| Demand-side governance → Sustainability performance | −0.019 | 0.040 | −0.46 |
| Supply-side governance → Business performance | 0.175 | 0.083 | 2.12* |
| Demand-side governance → Business performance | 0.194 | 0.055 | 3.55*** |
| PMM → Supply-side governance | 0.461 | 0.094 | 4.86*** |
| PMM - > Demand-side governance | 0.958 | 0.121 | 7.91*** |
| PMM → Sustainability performance | 0.147 | 0.080 | 1.83 |
| PMM → Business performance | −0.020 | 0.099 | −0.20 |
| Business performance → Sustainability performance | 0.142 | 0.057 | 2.50* |
| Indirect effects | |||
| Supply-side governance → Sustainability performance | 0.025 | 0.015 | 1.65 |
| Demand-side governance → Sustainability performance | 0.027 | 0.014 | 2.03* |
| PMM → Sustainability performance | 0.045 | 0.049 | 0.91 |
| PMM → Business performance | 0.266 | 0.076 | 3.50*** |
| Structural paths | Coefficient | SE | z-value |
|---|---|---|---|
| Company size → Sustainability performance | −0.009 | 0.016 | −0.59 |
| Company exports → Sustainability performance | 0.050 | 0.082 | 0.61 |
| Company size → Business performance | −0.012 | 0.022 | −0.51 |
| Company exports → Business performance | −0.054 | 0.097 | −0.56 |
| Supply-side governance → Sustainability performance | 0.059 | 0.060 | 0.99 |
| Demand-side governance → Sustainability performance | −0.019 | 0.040 | −0.46 |
| Supply-side governance → Business performance | 0.175 | 0.083 | 2.12* |
| Demand-side governance → Business performance | 0.194 | 0.055 | 3.55*** |
| PMM → Supply-side governance | 0.461 | 0.094 | 4.86*** |
| PMM - > Demand-side governance | 0.958 | 0.121 | 7.91*** |
| PMM → Sustainability performance | 0.147 | 0.080 | 1.83 |
| PMM → Business performance | −0.020 | 0.099 | −0.20 |
| Business performance → Sustainability performance | 0.142 | 0.057 | 2.50* |
| Supply-side governance → Sustainability performance | 0.025 | 0.015 | 1.65 |
| Demand-side governance → Sustainability performance | 0.027 | 0.014 | 2.03* |
| PMM → Sustainability performance | 0.045 | 0.049 | 0.91 |
| PMM → Business performance | 0.266 | 0.076 | 3.50*** |
Note(s): Sign. ***p ≤ 0.001, ** 0.001 < p ≤ 0.01, * 0.01 < p ≤ 0.05
Source(s): Authors’ own creation
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