2010 Vol. 4 Num. 1 - GCG: Revista de Globalización, Competitividad ...
2010 Vol. 4 Num. 1 - GCG: Revista de Globalización, Competitividad ...
2010 Vol. 4 Num. 1 - GCG: Revista de Globalización, Competitividad ...
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Degree of Internationalization and performance: Evi<strong>de</strong>nce from emerging Brazilian multinational firms<br />
46<br />
Table 3: Mo<strong>de</strong>l Summary<br />
Mo<strong>de</strong>l R R Square<br />
Adjusted R<br />
Square<br />
Std. Error of<br />
the Estimate<br />
1 ,492 a ,242 ,226 ,04056<br />
a. Predictors: (Constant), FSTS<br />
Table 4. ANOVA b<br />
Mo<strong>de</strong>l<br />
1 Regression<br />
Residual<br />
Total<br />
Sum of<br />
Squares<br />
,024<br />
,076<br />
,100<br />
Df Mean Square F Sig.<br />
1<br />
,024 14,719 ,000 a<br />
46<br />
,002<br />
47<br />
a. Predictors: (Constant), FSTS<br />
Table 4. ANOVA b<br />
Mo<strong>de</strong>l<br />
1 Regression<br />
Residual<br />
Total<br />
Sum of<br />
Squares<br />
,024<br />
,076<br />
,100<br />
Df Mean Square F Sig.<br />
1<br />
,024 14,719 ,000 a<br />
46<br />
,002<br />
47<br />
b. Depen<strong>de</strong>nt Variable: ROA<br />
The regression is statistically significant at 0,01 level. Adjusted R² is 0,226, what shows that<br />
the variables are positively correlated. Higher levels of foreign sales over total sales (FSTS)<br />
are associated to a better accounting performance, as measured by ROA, although the relationship<br />
is weak.<br />
<strong>GCG</strong> GEORGETOWN UNIVERSITY - UNIVERSIA <strong>2010</strong> VOL. 4 NUM. 1 ISSN: 1988-7116