Figure 2
The eight latent variables are each represented by circular nodes labeled “T. Disclosure”, “T. Seriousness”, “Baseline Reports”, “Extra Reports”, “Tangibility”, “Liquidity”, “Board”, “Bank Indebtedness”. The node “Bank Indebtedness” is positioned at the center right and is connected to the rectangle labeled “Successful”. The connecting line from “Bank Indebtedness” to “Successful” is labeled 1.000. At the top left, the node “T. Disclosure” is connected to six rectangles arranged horizontally and labeled “T D 10”, “T D 1”, “T D 4”, “T D 5”, “T D 6”, and “T D 8”. The connecting upward arrows from “T. Disclosure” to these rectangles are labeled 0.750, 0.904, 0.678, 0.672, 0.644, and 0.579, respectively. Below it, the node “T. Seriousness” is connected to four vertically stacked rectangles labeled “T S 1”, “T S 12”, “T S 2”, and “T S 7”. The connecting leftward arrows from “T. Seriousness” to these rectangles are labeled 0.867, 0.652, 0.899, and 0.796, respectively. The node “Baseline Reports” is positioned below “T. Seriousness”. To the left of “Baseline Reports”, five rectangles are stacked vertically and labeled “B R 10”, “B R 2”, “B R 3”, “B R 4”, and “B R 9”. The connecting leftward arrows from “Baseline Reports” to these rectangles are labeled 0.790, 0.753, 0.821, 0.894, and 0.829, respectively. The node “Extra Reports” connects downward to two rectangles aligned horizontally labeled “E R 6” and “E R 7”. The downward connecting arrows from “Extra Reports” to these rectangles are labeled 0.962 and 0.804, respectively. To the right of “Extra Reports”, the node “Board” is connected to three rectangles labeled “B 1”, “B 2”, and “B 4”. The downward connecting arrows from “Board” to these rectangles are labeled 0.608, 0.638, and 0.984, respectively. Above the “Board” node, the latent variables “Tangibility” and “Liquidity” are positioned. From “Tangibility” an upward arrow labeled 1.000 arises and leads to the rectangle labeled “T”. From “Liquidity” an upward arrow labeled 1.000 arises and leads to the rectangle labeled “L”. From “Tangibility”, an arrow labeled 0.065 points to “Bank Indebtedness”. From “Liquidity”, an arrow labeled 0,096 points to “Bank Indebtedness”. To the left of “Bank Indebtedness”, multiple directional relationships are represented: From “T. Disclosure” to “Bank Indebtedness”, the arrow is labeled negative 0.136. From “T. Seriousness” to “Bank Indebtedness”, the arrow is labeled 0.337. From “Baseline Reports” to “Bank Indebtedness”, the arrow is labeled 0.265. From “Extra Reports” to “Bank Indebtedness”, the arrow is labeled negative 0.226. From “Board” to “Bank Indebtedness”, the arrow is labeled negative 0.046.Model for the successful granting of loan variable. Source: Elaborated by the authors