Data Asset Disclosure and Nonprofessional Investor Judgment: Evidence from Questionnaire Experiments

Table 4

Bootstrap test of the mediating effect of product R&D ability on the investment decision of nonprofessional investors.

		Effect value	Boot st.	95% L. Confidence interval	95% U. Confidence interval
Indirect effects	Market expansion ability	0.6869	0.0751	0.5515	0.8398
	Product development ability	0.5923	0.0750	0.4522	0.7405
	User stickiness	0.5908	0.0757	0.4520	0.7527