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Introduction to the Partial Least Squares Path Modeling: Basic Concepts and Recent Methodological Enhancements

In: Partial Least Squares Path Modeling

Author

Listed:
  • Hengky Latan

    (FTD Institute
    HLC Consulting)

  • Joseph F. Hair Jr.

    (Mitchell College of Business, University of South Alabama)

  • Richard Noonan

    (Stockholm University, Institute of International Education)

  • Misty Sabol

    (Mitchell College of Business, University of South Alabama)

Abstract

This chapter aims to provide a brief overview of the three primary structural equation modeling approaches, which include partial least squares-path modeling (PLS-PM), covariance-based structural equation modeling (CB-SEM), and generalized structure component analysis (GSCA)Generalized Structured Component Analysis (GSCA). We also provide guidelines regarding the appropriate situation to apply each of the three SEM methods. In addition, we describe recent methodological developments in SEM, particularly the method of PLS-PM, as well as applications of selected essential features of PLS-PM. We identify these topics as essential emerging tools for PLS-PM scholars since increasingly their understanding and application will be required in research utilizing PLS-PM. In the end, we summarize our observations and conclusions regarding the evolving state of PLS-PM.

Suggested Citation

  • Hengky Latan & Joseph F. Hair Jr. & Richard Noonan & Misty Sabol, 2023. "Introduction to the Partial Least Squares Path Modeling: Basic Concepts and Recent Methodological Enhancements," Springer Books, in: Hengky Latan & Joseph F. Hair, Jr. & Richard Noonan (ed.), Partial Least Squares Path Modeling, edition 2, chapter 0, pages 3-21, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-37772-3_1
    DOI: 10.1007/978-3-031-37772-3_1
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