Skip to main content

Advertisement

Table 6 KHB analysis of mediating effect N = 218

From: From individual social capital to collective social capital: empirical evidence from inter-firm financing trust network

Independent variable Dependent variables: network type, mediating variable, trust radius of firm
Model 15 Model 16 Model 17
No endogeneity control Grouping endogeneity Category endogeneity
Social relation
 Total effect − 3.271*** (.921) − 4.883*** (1.072) − 3.550*** (.982)
 Direct effect − 1.514 (.959) − 3.684*** (1.107) − 2.404** (1.016)
 Indirect effect − 1.758** (.633) − 1.200** (.521) − 1.145** (.504)
Social prestige
 Total effect 1.910*** (.534) 1.171** (.602) 1.111** (.569)
 Direct effect .350 (.547) .310 (.632) .183 (.599)
 Indirect effect 1.560** (.639) .861** (.445) .928** (.461)
Adjusted R2 .320 .460 .420
  1. The regression model is ologit, other variables include company history, company size, business diversification, public listing, kinship proximity, geographic proximity, industrial proximity, and classification homogeneity. Group controlling variables are added to Model 16 and classification control variables are added to Model 17