%0 Journal Article %T Inconsistencies of the PLS-PM approach to structural equation models with formative-reflective schemes %A Giorgio Vittadini %A Marco Fattore %A Matteo M Pelagatti %J - %D 2012 %R DOI Code: 10.1285/i20705948v5n3p333 %X The principal aim of the paper is to show the inconsistencies of PLS-PM as a statistical tool to estimate structural equation models with formative-reflective schemes. We show that PLS-PM is not suitable to this kind of models, since it may even fail in identifying existing causal links between the variables of concern. We bring evidences of these facts discussing a real-data example and comparing the results by PLS-PM with those obtained by a simpler least squares approach %K Formative-Reflective models %K PLS-PM %K Causal models %U http://siba-ese.unisalento.it/index.php/ejasa/article/view/12151