The impact of digital transformation for sustainable business: the meditating role of corporate governance and financial performance

Figures & data

Figure 1. Conceptual framework.

Figure 2. Construct a path diagram.

Table 1. Table of algorithm.

Variable	AVE	Composite Reliability	Cronbach’s Alpha
X	1.00	1.00	1.00
Z1	0.789	0.810	0.746
Z2	1.00	1.00	1.00
Y	0.948	0.735	0.732

Source: data processed 2023.

Table 2. Outer weight dan VIF.

	Outer Weight	P value	VIF
X1	1	<0.001	0
Z1.1	0.401	<0.001	1.259
Z1.2	0.487	<0.001	1.541
Z1.3	0.409	<0.001	1.282
ROA	1	<0.001	0
Y1.2	0.585	<0.001	1.259
Y1.3.	0.586	<0.001	1.26

Source: Data processing.

Table 3. Calculation of Q-square predictive-relevance (Q2).

Variable	R-Square
Z1	0.595
Z2	0.644
Y	0.785

Source: data processed 2023.

Table 4. Direct effect hypotheses testing.

Direct Effect	Coefficient	P-value	Description
X→ Y	0.180	0.007	significant
X → Z1	0.446	0.001	significant
X → Z2	0.098	0.042	significant
Z1 → Y	0.044	0.275	no significant
Z2 → Y	0.143	0.025	significant

Source: data processed 2023.

Table 5. Indirect effect hypotheses testing.

Indirect effect	P-value	description
X→Z1→Y	0.325	No mediate
X→Z2→Y	0.034	mediate

Source: data processed 2023.