Research on the Impact of Board Governance Model Based on Multi-Internet of Things Perception System on System Risk of Large Business Institutions in China

Table 15

Inspection of the mediating effect of system risk on board governance and business performance in small and medium-sized enterprises.

	Model 1; The total effect of board governance on business performance	Model 4; The direct effect of board governance on business performance	Coefficient difference; Indirect effect	Model 2; System risk coefficient of corporate governance ()	Model 4; The value of system risk to operating performance coefficient ()	value
BLOCK	0.175	0.184	-0.009	-0.00104	9.070
BH	0.218	0.218	0	-0.00005	9.070	0
INST	-0.066	-0.070	0.004	0.00036	9.070	1.02
INDEP	0.627	0.508	0.119	0.01317	9.070
COLL	-0.156	-0.151	-0.005	-0.00057	9.070	-1.10
SER	0.749	0.274	0.475	-0.05235	9.070