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Table 4 Results of the structural model analysis

From: Study on CEO characteristics for management of public art performance centers

Relationship

Estimate

Hypothesis acceptance

ML estimate

t-value

Entrepreneurship → Quality management

0.53

3.14

H1

Accepted

Social responsibility (perception) → Quality management

0.26

1.72

H2

Accepted

Social capital → Quality management

0.21

2.06

H3

Accepted

Quality management → Market performance

0.89

3.01

H4

Accepted

Quality management → Financial performance

0.47

1.88

H5

Accepted

Goodness of fit of the model

Chi-Square = 441.15 (p = 0.00, df = 238), GFI = 0.87, NFI = 0.91, CFI = 0.95, IFI = 0.95, RMR = 0.076, RMSEA = 0.077