CLASSIC Principles - Sustainable Fintech Business
Description
The study collected data from 193 respondents through a structured questionnaire. Partial Least Square Structural Equation Modelling has been adopted to analyze the data through SmartPLSv3. For better understanding, emphasize that companies within the same industry may exhibit different CSFs due to anomalies in their environmental situation, or strategic situations, which might pose as a challenge for this study and the future exploration towards a general set of CSFs for sustainability fintech companies. The research concluded that presented seven CSFs by the following customer centricity, low profit margin, agility, scalability, security management, innovation, and compliance easy.
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Step 1: The study collected data from 193 respondents through a structured questionnaire. Step 2: Three parameters of validity and reliability were chosen to assess the reflective measurement model, i.e., indicator reliability, convergent validity, and discriminant validity (Coltman et al., 2008; Hair et al., 2012). Step 3: The structural model was assessed through collinearity examination, the significance of the structural model and coefficient of determination (R Square) (Cohen, 2013). Variance Inflation Factors (VIF) was used to determine the multicollinearity among the constructs (Hair et al., 2012; Henseler et al., 2015) Step 4: Partial Least Square Structural Equation Modelling has been adopted to analyze the data through SmartPLSv3. Step5: The research concluded that presented seven CSFs by the following customer centricity, low profit margin, agility, scalability, security management, innovation, and compliance easy.