Abstract
This paper discusses a recent development in partial least squares (PLS) path modeling, namely goodness-of-fit indices. In order to illustrate the behavior of the goodness-of-fit index (GoF) and the relative goodness-of-fit index (GoFrel), we estimate PLS path models with simulated data, and contrast their values with fit indices commonly used in covariance-based structural equation modeling. The simulation shows that the GoF and the GoFrel are not suitable for model validation. However, the GoF can be useful to assess how well a PLS path model can explain different sets of data.
Dokumententyp: | Zeitschriftenartikel |
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Fakultät: | Betriebswirtschaft > Institut für Marktorientierte Unternehmensführung |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
ISSN: | 0943-4062 |
Sprache: | Englisch |
Dokumenten ID: | 95442 |
Datum der Veröffentlichung auf Open Access LMU: | 28. Mrz. 2023, 11:29 |
Letzte Änderungen: | 11. Aug. 2023, 17:38 |