Table 7. Explained variance (R2)

Construct R2 Adjusted R2
IMC 0.423 0.421
Campaign effectiveness 0.390 0.389
Brand performance 0.506 0.503
Financial performance 0.285 0.279
Note. R2-value 0.75 = substantial, 0.50 = moderate and ≤ 0.25 = weak (Hair et al., 2017).