Table 3.

Discriminant validity analysis.

	1___	2___	3___	4___	5___	6___	7___	8___
1. Digital transformation	0.90
2. Inspirational role	(0.12)	0.78
	0.13
3. Innovation role	(0.01)	0.24**	0.83
	0.06	0.30
4. Absorbing uncertainty role	(0.14)*	0.26**	0.30**	0.85
	0.16	0.31	0.39
5. Visionary role	(0.15) *	0.72**	0.18**	0.23**	0.88
	0.18	0.87	0.24	0.31
6. Cloud-based accounting	0.47**	0.36**	0.26**	0.23**	0.31**	0.72
	0.52	0.42	0.31	0.27	0.39
7. Decision-making quality	0.41**	0.24**	0.18**	0.16*	0.25**	0.65**	0.73
	0.51	0.31	0.24	0.21	0.35	0.82
8. Firm performance	0.13*	0.10	0.05	0.03	0.12	0.25**	0.37**	0.83
	0.15	0.11	0.09	0.06	0.14	0.28	0.46

Notes: First value = correlation between variables (off-diagonal); second value (italic) = HTMT ratio; square root of average variance extracted (bold diagonal); *, **: correlations are significant at the 5% and 1% levels, respectively (two-tailed t-test).