Table 3 Results of univariate analysis of necessary conditions.

Antecedent conditions	2020				2019				2018
	High-organizational resilience		Low-organizational resilience		High-organizational resilience		Low-organizational resilience		High-organizational resilience		Low-organizational resilience
	Consistency	Coverage	Consistency	Coverage	Consistency	Coverage	Consistency	Coverage	Consistency	Coverage	Consistency	Coverage
Unabsorbed redundancy	0.653	0.726	0.626	0.651	0.575	0.702	0.532	0.591	0.657	0.766	0.549	0.569
~Unabsorbed redundancy	0.686	0.662	0.736	0.665	0.665	0.610	0.732	0.611	0.630	0.612	0.774	0.667
Absorbed redundancy	0.639	0.672	0.637	0.627	0.676	0.780	0.481	0.506	0.614	0.729	0.519	0.548
~Absorbed redundancy	0.645	0.655	0.667	0.634	0.572	0.548	0.790	0.689	0.619	0.592	0.744	0.631
Potential redundancy	0.664	0.615	0.786	0.682	0.578	0.574	0.715	0.646	0.530	0.553	0.719	0.667
~Potential redundancy	0.657	0.766	0.557	0.608	0.644	0.713	0.529	0.533	0.681	0.732	0.518	0.495
Percentage of independent directors	0.844	0.706	0.829	0.650	0.815	0.696	0.783	0.609	0.789	0.684	0.803	0.619
~Proportion of independent directors	0.581	0.784	0.624	0.789	0.542	0.733	0.609	0.749	0.561	0.763	0.591	0.713
Top three executive compensation	0.613	0.732	0.544	0.608	0.645	0.733	0.595	0.615	0.511	0.635	0.631	0.696
~Top 3 executive compensation	0.671	0.611	0.760	0.648	0.661	0.642	0.742	0.656	0.756	0.698	0.669	0.549
Corporate social responsibility	0.752	0.738	0.642	0.590	0.729	0.732	0.607	0.554	0.682	0.696	0.673	0.610
~Corporate social responsibility	0.583	0.635	0.715	0.729	0.555	0.608	0.706	0.703	0.618	0.680	0.664	0.650
Epidemic pressure	0.558	0.677	0.570	0.648
~Epidemic pressure	0.710	0.638	0.716	0.603

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