When your errors are your only hope: Testing “hidden hypotheses” in mediation studies in strategic management

Jed DeVaro*, Brian K Boyd

*Corresponding author for this work

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

Abstract

Mediation models involve two regression equations, one each for the dependent and mediating variables, Y and M. Tests of theoretical hypotheses in strategic management focus on “betas,” that is, the estimated regression coefficients in the Y and M equations. A neglected point is that strategic management theory sometimes suggests a “hidden hypothesis” concerning the sign of the error correlation between the Y and M regressions. Systems-based estimation methods can be used to test “hidden hypotheses.” We show that sometimes “hidden hypotheses” offer the only hope of empirically distinguishing between competing theories.
Original languageEnglish
Pages (from-to)73-89
JournalStrategic Organization
Volume14
Issue number1
Online published8 Sept 2015
DOIs
Publication statusPublished - Feb 2016

Research Keywords

  • mediating effects
  • mediation
  • systems-based estimation methods
  • three-stage least squares (3SLS)

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