Does the regional nature of multinationals affect multinationality and performance relationship?

Faculty of Business, Brock University, 500 Glenridge Avenue, St. Catharines, Ontario L2S 3A1, Canada
International Business Review (Impact Factor: 1.51). 10/2010; 19(5):479-488. DOI: 10.1016/j.ibusrev.2009.02.012


The traditional independent variable in the multinationality and performance literature is the ratio of foreign (F) to total (T) sales, (F/T). This can now be supplemented by a new regional variable, the ratio of regional (R) to total (T) sales, i.e. (R/T). Data are presented on both (F/T) and (R/T) for both sales and assets for a 5-year period, 2001–2005. New tests are reported on (R/T) as it affects a financial measure of performance, the Tobin’s Q. Implications are drawn for future research on the S-curve relationship between multinationality and performance in the light of this regional phenomenon.

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Available from: Chang Hoon Oh, Dec 30, 2015
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