The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling

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building INTELEK Repository
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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2017-06-19 11:30:01
eventvenue University of Malaya Kuala Lumpur
format Restricted Document
id 6910
institution UniSZA
originalfilename 1643-01-FH03-FESP-17-09162.jpg
person norman
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resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6910
spelling 6910 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6910 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper image/jpeg inches 96 96 norman 1432 20 20 760 2017-06-19 11:30:01 1432x760 1643-01-FH03-FESP-17-09162.jpg UniSZA Private Access The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling Structural equation modeling (SEM) is the second generation statistical analysis technique developed for analyzing the inter-relationships among multiple variables in a model. Previous studies have shown that there seemed to be at least an implicit agreement about the factors that should drive the choice between covariance-based structural equation modeling (CB-SEM) and partial least square path modeling (PLS-PM). PLS-PM appears to be the preferred method by previous scholars because of its less stringent assumption and the need to avoid the perceived difficulties in CB-SEM. Along with this issue has been the increasing debate among researchers on the use of CB-SEM and PLS-PM in studies. The present study intends to assess the performance of CB-SEM and PLS-PM as a confirmatory study in which the findings will contribute to the body of knowledge of SEM. Maximum likelihood (ML) was chosen as the estimator for CB-SEM and was expected to be more powerful than PLS-PM. Based on the balanced experimental design, the multivariate normal data with specified population parameter and sample sizes were generated using Pro-Active Monte Carlo simulation, and the data were analyzed using AMOS for CB-SEM and SmartPLS for PLS-PM. Comparative Bias Index (CBI), construct relationship, average variance extracted (AVE), composite reliability (CR), and Fornell-Larcker criterion were used to study the consequence of each estimator. The findings conclude that CB-SEM performed notably better than PLS-PM in estimation for large sample size (100 and above), particularly in terms of estimations accuracy and consistency. 3rd ISM International Statistical Conference 2016: Bringing Professionalism and Prestige in Statistics, ISM 2016 University of Malaya Kuala Lumpur
spellingShingle The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
summary Structural equation modeling (SEM) is the second generation statistical analysis technique developed for analyzing the inter-relationships among multiple variables in a model. Previous studies have shown that there seemed to be at least an implicit agreement about the factors that should drive the choice between covariance-based structural equation modeling (CB-SEM) and partial least square path modeling (PLS-PM). PLS-PM appears to be the preferred method by previous scholars because of its less stringent assumption and the need to avoid the perceived difficulties in CB-SEM. Along with this issue has been the increasing debate among researchers on the use of CB-SEM and PLS-PM in studies. The present study intends to assess the performance of CB-SEM and PLS-PM as a confirmatory study in which the findings will contribute to the body of knowledge of SEM. Maximum likelihood (ML) was chosen as the estimator for CB-SEM and was expected to be more powerful than PLS-PM. Based on the balanced experimental design, the multivariate normal data with specified population parameter and sample sizes were generated using Pro-Active Monte Carlo simulation, and the data were analyzed using AMOS for CB-SEM and SmartPLS for PLS-PM. Comparative Bias Index (CBI), construct relationship, average variance extracted (AVE), composite reliability (CR), and Fornell-Larcker criterion were used to study the consequence of each estimator. The findings conclude that CB-SEM performed notably better than PLS-PM in estimation for large sample size (100 and above), particularly in terms of estimations accuracy and consistency.
title The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
title_full The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
title_fullStr The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
title_full_unstemmed The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
title_short The assessment of the performance of covariance-based structural equation modeling and partial least square path modeling
title_sort assessment of the performance of covariance-based structural equation modeling and partial least square path modeling