L M

2010

2011

2012

2013

Four-Year Integration

E R

C R

E R

C R

E R

C R

E R

C R

E R

C R

SICS

0.45^***

0.34^***

0.46^***

0.33^***

0.45^***

0.29^***

0.45^***

0.25^***

0.47^***

0.30^***

Accumulated Earnings Ratio

0.60^***

0.61^***

0.67^***

0.67^***

0.65^***

Environmental Rating

0.22^***

0.20^**

0.22^***

0.23^***

0.23^***

RMSEA GFI AGFI CFI

0.000 0.995 0.975 1.000

0.000 0.998 0.992 1.000

0.000 0.993 0.966 1.000

0.000 0.994 0.970 1.000

0.000 0.995 0.976 1.000