Hypothesis

χ2

df

p value

GFI

CFI

RMSEA

H3

The causal model between intangibles

328.597

116

0.000

0.806

0.853

0.111

H4

The causal model of intangibles and corporate value (overall)

66.280

14

0.000

0.889

0.873

0.059

H5-1

The causal model of intangibles and corporate value (prospector companies)

47.808

9

0.000

0.899

0.878

0.092

H5-2

The causal model of intangibles and corporate value (defender companies)

44.959

9

0.000

0.903

0.894

0.101

H5-3

The causal model of intangibles and corporate value (ambidexterity companies)

38.129

14

0.000

0.806

0.812

0.168