Table 7.
Discriminant validity using the fornell-larcker criterion.
| Leverage Decision | Corporate Governance | Determinants | |
|---|---|---|---|
| Leverage Decision | 0.881 | ||
| Corporate Governance | 0.971 | 0.886 | |
| Determinants | 0.949 | 0.986 | 0.908 |
Source: The results were estimated by the researcher using questionnaires.