Modeling and assessing forged concepts in tourism and hospitality using confirmatory composite analysis

Liu, Yuqing; Schuberth, Florian; Liu, Yide; Henseler, Jörg

doi:10.1016/j.jbusres.2022.07.040

Cited by 13 publications

(5 citation statements)

References 75 publications

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“…artefacts, due to their application in concepts such as management instruments. Particularly emphasised in the most recent theoretical works (Liu et al, 2022;Yu et al, 2021), at least two theoretical concepts can be found in SEM: behavioural concepts and forged concepts. While formers are assumed to exist in nature (e.g.…”

Section: Methodsmentioning

confidence: 99%

Strategic-hybrid orientations and perceived business performance in medium/high-tech SMEs

Magalhães-Teixeira,

Roldán,

Leal Millán

2024

EBR

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Purpose This paper aims to investigate the direct and combined impacts of entrepreneurial orientation (EO) and conservative orientation (CO) on perceived business performance (PBP) of small- and medium-sized enterprises (SMEs) under strategic-hybrid orientation (SHO) theory. Design/methodology/approach The data collected from the SABI NEO international database has 90 companies in 13 medium-to-high and high-tech activity sectors. The authors used partial least squares structural equation modelling to test the research model. Findings Business strategies match a SHO that includes both orientations, i.e. EO and CO. Moreover, as expected, the authors found evidence that each orientation produces performance-related sign-opposite significant impacts. Finally, the hypothesis regarding the positive synergistic effect of both orientations (EO and CO) on PBP was also supported. Research limitations/implications One stems from the study’s cross-sectional nature, requiring a longitudinal approach. Another one resides in the absence of further examinations concerning multigroup analysis. Another restraint is the limitedness of data, focused on firms with med/high-tech intensity. For last, while the use of results in the initial stages of theory development can be beneficial, it is important to note that such results cannot be simply extrapolated or generalized to other industrial sectors without careful consideration of the contextual factors at play. Social implications This study humbly endeavours to contribute to the finality of SMEs’ more steady and prosperous existence concerning the consciousness of the need to improve labour stability and wage fairness, conditions such as requiring a continuous commitment. Originality/value In this study, the authors aimed to investigate the impact of SHO on SMEs’ PBP. To this end, the authors simultaneously used two different strategic orientations (SOs): EO, which is widely studied in the literature, and CO, which has been less researched. The authors also examined their synergistic effects on PBP. The authors’ approach is based on Venkatraman’s strategic orientation of business enterprises model and the comparative paradigm of SOs.

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Section: Methodsmentioning

confidence: 99%

Strategic-hybrid orientations and perceived business performance in medium/high-tech SMEs

Magalhães-Teixeira,

Roldán,

Leal Millán

2024

EBR

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“…CCA was proposed as a tool to empirically assess composite models (Henseler et al, 2014; Schuberth et al, 2018) and introduced to various research fields including business (Henseler & Schuberth, 2020), information systems (Hubona et al, 2021), tourism and hospitality (Liu et al, 2022), and human development (Schamberger et al, 2023). The first application of CCA in the L2 domain was done by Alamer and Alsagoafi (2023) who empirically tested the validity of the Revised Metacognitive Awareness of Reading Strategies Inventory (MARSI-R; Mokhtari et al, 2018).…”

Section: Confirmatory Composite Analysis (Cca)mentioning

confidence: 99%

When and how to use confirmatory composite analysis (CCA) in second language research

Alamer,

Schuberth,

Henseler

2024

Stud Second Lang Acquis

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Researchers in second language (L2) and education domain use different statistical methods to assess their constructs of interest. Many L2 constructs emerge from elements/parts, i.e., the elements define and form the construct and not the other way around. These constructs are referred to as emergent variables (also called components, formative constructs, and composite constructs). Because emergent variables are composed of elements/parts, they should be assessed through confirmatory composite analysis (CCA). Elements of emergent variables represent unique facets of the construct. Thus, such constructs cannot be properly assessed by confirmatory factor analysis (CFA) because CFA and its underlying common factor model regard these elements to be similar and interchangeable. Conversely, the elements of an emergent variable uniquely define and form the construct, i.e., they are not similar or interchangeable. Thus, CCA is the preferred approach to empirically validate emergent variables such as language skills L2 students’ behavioral engagement and language learning strategies. CCA is based on the composite model, which captures the characteristics of emergent variables more accurately. Aside from the difference in the underlying model, CCA consists of the same steps as CFA, i.e., model specification, model identification, model estimation, and model assessment. In this paper, we explain these steps. and present an illustrative example using publicly available data. In doing so, we show how CCA can be conducted using graphical software packages such as Amos, and we provide the code necessary to conduct CCA in the R package lavaan.

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“…However, in recent years, increasing number of scholars see merits in the composite model, in which a composite of components represents the theoretical concept (e.g., [21,45,49,52]). Nowadays, composites are applied to model theoretical concepts in various fields such as ecology [18,19], information systems research [4,26], business research [23], organizational research [15], tourism research [35,42], human development research [47], and marketing research [17].…”

Section: Introductionmentioning

confidence: 99%

Specifying composites in structural equation modeling: A refinement of the Henseler–Ogasawara specification

Schuberth

Henseler

2023

Statistical Analysis

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Structural equation modeling (SEM) plays an important role in business and social science and so do composites, that is, linear combinations of variables. However, existing approaches to integrate composites into structural equation models still have limitations. A major leap forward has been the Henseler–Ogasawara (H–O) specification, which for the first time allows for seamlessly integrating composites into structural equation models. In doing so, it relies on emergent variables, that is, the composite of interest, and one or more orthogonal excrescent variables, that is, composites that have no surplus meaning but just span the remaining space of the emergent variable's components. Although the H–O specification enables researchers to flexibly model composites in SEM, it comes along with several practical problems: (i) The H–O specification is difficult to visualize graphically; (ii) its complexity could create difficulties for analysts, and (iii) at times SEM software packages seem to encounter convergence issues with it. In this paper, we present a refinement of the original H–O specification that addresses these three problems. In this new specification, only two components load on each excrescent variable, whereas the excrescent variables are allowed to covary among themselves. This results in a simpler graphical visualization. Additionally, researchers facing convergence issues of the original H–O specification are provided with an alternative specification. Finally, we illustrate the new specification's application by means of an empirical example and provide guidance on how (standardized) weights including their standard errors can be calculated in the R package lavaan. The corresponding Mplus model syntax is provided in the Supplementary Material.

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Modeling and assessing forged concepts in tourism and hospitality using confirmatory composite analysis

Cited by 13 publications

References 75 publications

Strategic-hybrid orientations and perceived business performance in medium/high-tech SMEs

Strategic-hybrid orientations and perceived business performance in medium/high-tech SMEs

When and how to use confirmatory composite analysis (CCA) in second language research

Specifying composites in structural equation modeling: A refinement of the Henseler–Ogasawara specification

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