| Variables | Model 1 | Model 2 | Model 3 | Model 4 |
| Control variables |
|
|
|
|
| Firm size | 0.023 | 0.032 | 0.027 | 0.044 |
| Firm nature | 0.031 | 0.035 | 0.035 | 0.036 |
| Firm age | 0.088* | 0.101* | 0.089 | 0.077 |
| Independent variables |
|
|
|
|
| QM infrastructure practices (IP) |
| 0.240** | 0.245** | 0.224** |
| QM core practices (CP) |
| 0.127* | 0.107* | 0.092 |
| Moderator variables |
|
|
|
|
| Market turbulence (MT) |
|
| 0.179** | 0.135* |
| Two-way interactions |
|
|
|
|
| MT*IP |
|
|
| 0.224** |
| MT*CP |
|
|
| −0.072 |
| R2 | 0.085 | 0.230 | 0.468 | 0.547 |
| Adjusted R2 | 0.073 | 0.214 | 0.436 | 0.525 |
| ΔR2 |
| 0.145** | 0.383** | 0.462** |