Figure 1
The figure presents four H R M mediation models arranged in a two-by-two grid. The first model on the top left is labeled “A. The H Q S - the non-crisis time”, and in this model, a text box labeled “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)” appears in the lower left position, and from this an arrow labeled “beta equals 0.67 (p less than 0.001)” arises upward and points toward a text box labeled “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, and below this box, a label reads “R squared equals 0.44”. From “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, a downward arrow labeled “beta equals 0.80 (p less than 0.001)” points downward to a text box on the bottom right labeled “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, and below this box, a label reads “R squared equals 0.83”. From “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)”, a right-pointing arrow labeled “beta equals 0.16 (p less than 0.001)” points toward “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”. Above “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, a small square box is labeled “alpha beta equals 0.53”. The second model on the top right is labeled “B. The H Q S - in the crisis time”, and in this model, a text box labeled “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)” appears in the lower left position, and from this an arrow labeled “beta equals 0.70 (p less than 0.001)” arises upward and points toward a text box labeled “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”. Directly below this upper text box, a label reads “R squared equals 0.50”. From “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, a downward arrow labeled “beta equals 0.77 (p less than 0.001)” points toward a text box on the bottom right labeled “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, and below this finance box, a label reads “R squared equals 0.81”. From “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)”, a right-pointing arrow labeled “beta equals 0.17 (p less than 0.001)” extends toward “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”. Above this finance box, a small square box contains the label “alpha beta equals 0.54”. The third model on the bottom left is labeled “C. The F Ss - the non-crisis time”, and in this model, a text box labeled “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)” appears, and from this an arrow labeled “beta equals 0.61 (p less than 0.001)” arises upward and points toward a text box labeled “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, and below this upper H R M box, a label reads “R squared equals 0.37”. From “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, a downward arrow labeled “beta equals 0.86 (p less than 0.001)” points downward to a text box on the bottom right labeled “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, and below this finance box, a label reads “R squared equals 0.82”. From “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)”, a right-pointing arrow labeled “beta equals 0.08 (p greater than 0.05)” points toward “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”. Above “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, a small square box is labeled “alpha beta equals 0.52”. The fourth model on the bottom right is labeled “D. The F Ss- in the crisis time”, and in this model, a text box labeled “Advancement level of E B (E I underscore E B equals StartFraction A L underscore E B over E K P Is EndFraction)” appears, and from this an arrow labeled “beta equals 0.71 (p less than 0.001)” arises upward and points toward a text box labeled “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, and below this H R M box, a label reads “R squared equals 0.50”. From “Company performance results in H R M (E I H R M equals StartFraction H R M over E K P Is EndFraction)”, a downward arrow labeled “beta equals 0.73 (p less than 0.001)” points downward to a text box on the bottom right labeled “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, and below this finance box, a label reads “R squared equals 0.78”. From “Advancement level of E B (E I underscore E M equals StartFraction A L underscore E B over E K P Is EndFraction)”, a right-pointing arrow labeled “beta equals 0.20 (p less than 0.001)” points toward “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”. Above “Company performance results in finance (E I F equals StartFraction F over E K P Is EndFraction)”, a small square box is labeled “alpha beta equals 0.52”.The HRM mediation model of the relationships between EB and company performance results in finance