Abstract
Discriminant validity assessment has become a generally accepted prerequisite for analyzing relationships between latent variables. For variance-based structural equation modeling, such as partial least squares, the Fornell-Larcker criterion and the examination of cross-loadings are the dominant approaches for evaluating discriminant validity. By means of a simulation study, we show that these approaches do not reliably detect the lack of discriminant validity in common research situations. We therefore propose an alternative approach, based on the multitrait-multimethod matrix, to assess discriminant validity: the heterotrait-monotrait ratio of correlations. We demonstrate its superior performance by means of a Monte Carlo simulation study, in which we compare the new approach to the Fornell-Larcker criterion and the assessment of (partial) cross-loadings. Finally, we provide guidelines on how to handle discriminant validity issues in variance-based structural equation modeling.
Dokumententyp: | Zeitschriftenartikel |
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Keywords: | Discriminant validity assessment, variance-based structural equation modeling, partial least squares, multitrait-multimethod matrix, heterotrait-monotrait ratio of correlations, Monte Carlo simulation study, Fornell-Larcker criterion |
Fakultät: | Betriebswirtschaft > Institut für Marketing |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
ISSN: | 0092-0703 |
Sprache: | Englisch |
Dokumenten ID: | 96145 |
Datum der Veröffentlichung auf Open Access LMU: | 09. Mai 2023, 05:57 |
Letzte Änderungen: | 09. Mai 2023, 05:57 |