Coefficient

T-statistics

Hypothesis

Indirect effect

Social-CSR -> PFR

0.56

18.090 (0.000)***

Supported

Environmental-CSR -> PFR

0.81

11.365 (0.000)***

Supported

Intercept

11.32

39.52 (0.000)***

Direct effect

CSR -> PFR

0.17

2.103 (0.036)**

Supported

Intercept

9.25

25.69 (0.051)**

CSR -> FP-CorpRep-EmpCom

0.23

32.65(0.001)***

Supported

Model fitness:

Indirect

Direct

Combined

R2

0.72

0.66

0.75

Adjusted R2

0.81

0.69

0.85

F-statistics

256.321***

236.549***

235.325***

P-value

0.001

0.000

0.000