Table 5.1: Descriptive Statistics

Table 5.1: Descriptive Statistics

N Minimum Maximum Mean

Std.

Deviation Skewness Kurtosis

Statistic Statistic Statistic Statistic Statistic Statistic

Table 5.2

Model Summary (b)

a Predictors: (Constant), Percentage of foreigners in TMT b Dependent Variable: Percentage of foreign sales

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model _{B Std. Error Beta} t Sig. _{Tolerance VIF}

(Constant) _{,456 ,026 17,540 ,000}

1

Percentage of

foreigners in TMT ,521 ,062 ,531 8,346 ,000 1,000 1,000

a Dependent Variable: Percentage of foreign sales

Table 5.3

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 ,299(a) ,090 ,079 ,2637486 2 _{,551(b) ,304 ,292 ,2312474}

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreigners in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) _{,184 ,106 1,738 ,084}

total size of the

complete board ,005 ,008 ,047 ,626 ,532

1

Total employee ,040 ,011 ,282 3,739 ,000

(Constant) ,247 ,093 2,645 ,009

total size of the

complete board ,003 ,007 ,025 ,384 ,701 Total employee ,021 ,010 ,145 2,112 ,036 2 Percentage of foreigners in TMT ,476 ,065 ,485 7,345 ,000

Table 5.4:

Model Summary (b)

a Predictors: (Constant), Percentage of foreigners in TMT b Dependent Variable: Percentage of foreign employee

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model _{B Std. Error Beta} t Sig. _{Tolerance VIF}

(Constant) _{,416 ,027 15,333 ,000}

1

Percentage of

foreigners in TMT ,545 ,065 ,532 8,369 ,000 1,000 1,000

a Dependent Variable: Percentage of foreign employee

Table 5.5

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 ,459(a) ,210 ,201 ,2564885 2 ,618(b) ,382 ,372 ,2275220

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreigners in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) -,108 ,103 -1,049 ,296

total size of the

complete board ,008 ,007 ,080 1,139 ,256

1

Total employee _{,064 ,010 ,428 6,103 ,000}

(Constant) -,049 ,092 -,539 ,590

total size of the

Table 5.6:

Model Summary (b)

a Predictors: (Constant), Percentage of foreigners in TMT b Dependent Variable: Number of countries active

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) 44,014 5,575 7,895 ,000

1

Percentage of

foreigners in TMT 41,783 13,388 ,228 3,121 ,002 1,000 1,000

a Dependent Variable: Number of countries active

Table 5.7:

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 _{,353(a) ,124 ,114 48,282} 2 ,376(b) ,141 ,126 47,956

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreigners in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) _{-38,254 19,374 -1,975 ,050}

total size of the

complete board ,666 1,381 ,036 ,483 ,630

1

Total employee 9,097 1,976 ,340 4,604 ,000

(Constant) -34,997 19,325 -1,811 ,072

total size of the

complete board ,553 1,373 ,030 ,403 ,688 Total employee 8,077 2,039 ,302 3,961 ,000 2 Percentage of foreigners in TMT 24,749 13,430 ,135 1,843 ,067

Table 5.8:

Model Summary (b)

a Predictors: (Constant), Percentage of foreigners in TMT b Dependent Variable: Number of foreign subsidiaries

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) 30,160 4,258 7,083 ,000

1

Percentage of

foreigners in TMT 75,602 10,226 ,486 7,393 ,000 1,000 1,000

a Dependent Variable: Number of foreign subsidiaries

Table 5.9

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 ,443(a) ,196 ,187 39,355 2 _{,577(b) ,333 ,322 35,939}

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreigners in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) -48,026 15,792 -3,041 ,003

total size of the

complete board 1,311 1,125 ,083 1,165 ,246

1

Total employee 9,348 1,610 ,411 5,805 ,000

(Constant) -40,074 14,482 -2,767 ,006

total size of the

complete board 1,035 1,029 ,065 1,006 ,316 Total employee 6,859 1,528 ,302 4,489 ,000 2 Percentage of foreigners in TMT 60,422 10,064 ,388 6,003 ,000

Table 5.10:

Model Summary (b)

a Predictors: (Constant), Percentage of foreign experiences in TMT b Dependent Variable: Percentage of foreign sales

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) ,192 ,030 6,372 ,000

1

Percentage of foreign

experiences in TMT ,632 ,040 ,762 15,655 ,000 1,000 1,000

a Dependent Variable: Percentage of foreign sales

Table 5.11

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 ,299(a) ,090 ,079 ,2637486 2 _{,763(b) ,583 ,575 ,1791187}

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreign experiences in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) ,184 ,106 1,738 ,084

total size of the

complete board ,005 ,008 ,047 ,626 ,532

1

Total employee _{,040 ,011 ,282 3,739 ,000}

(Constant) ,152 ,072 2,114 ,036

total size of the

complete board ,004 ,005 ,036 ,703 ,483 Total employee ,002 ,008 ,017 ,318 ,751 2 Percentage of foreign experiences in TMT ,624 ,043 ,752 14,374 ,000

Table 5.12:

Model Summary (b)

a Predictors: (Constant), Percentage of foreign experiences in TMT b Dependent Variable: Percentage of foreign employee

Coefficients

(a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) ,173 ,034 5,027 ,000

1

Percentage of foreign

experiences in TMT ,612 ,046 ,707 13,287 ,000 1,000 1,000

a Dependent Variable: Percentage of foreign employee

Table5.13 Model

Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 _{,459(a) ,210 ,201 ,2564885} 2 ,742(b) ,550 ,542 ,1942042

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreign experiences in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) _{-,108 ,103 -1,049 ,296}

total size of the

complete board ,008 ,007 ,080 1,139 ,256

1

Total employee ,064 ,010 ,428 6,103 ,000

(Constant) -,136 ,078 -1,739 ,084

total size of the

complete board ,007 ,006 ,071 1,330 ,185 Total employee ,031 ,008 ,209 3,698 ,000 2 Percentage of foreign experiences in TMT ,540 ,047 ,624 11,489 ,000

Table 5.14:

Model Summary (b)

a Predictors: (Constant), Percentage of foreign experiences in TMT b Dependent Variable: Number of countries active

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) 9,097 7,728 1,177 ,241

1

Percentage of foreign

experiences in TMT 71,276 10,336 ,460 6,896 ,000 1,000 1,000

a Dependent Variable: Number of countries active

Table 5.15

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 ,353(a) ,124 ,114 48,282 2 _{,503(b) ,253 ,240 44,733}

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreign experiences in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) -38,254 19,374 -1,975 ,050

total size of the

complete board ,666 1,381 ,036 ,483 ,630

1

Total employee 9,097 1,976 ,340 4,604 ,000

(Constant) -41,290 17,959 -2,299 ,023

total size of the

complete board ,560 1,279 ,030 ,438 ,662 Total employee 5,490 1,945 ,205 2,822 ,005 2 Percentage of foreign experiences in TMT 59,375 10,835 ,383 5,480 ,000

Table 5.16

Model Summary (b)

a Predictors: (Constant), Percentage of foreign experiences in TMT b Dependent Variable: Number of foreign subsidiaries

Coefficients (a)

Unstandardized Coefficients

Standardized

Coefficients Collinearity Statistics

Model B Std. Error Beta t Sig. Tolerance VIF

(Constant) ,263 5,912 ,044 ,965

1

Percentage of foreign

experiences in TMT 79,349 7,907 ,602 10,035 ,000 1,000 1,000

a Dependent Variable: Number of foreign subsidiaries

Table 5.17

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate 1 _{,443(a) ,196 ,187 39,355} 2 ,651(b) ,424 ,414 33,415

a Predictors: (Constant), Total employee, total size of the complete board

b Predictors: (Constant), Total employee, total size of the complete board, Percentage of foreign experiences in TMT

Coefficients (a)

Unstandardized Coefficients

Standardized Coefficients

Model B Std. Error Beta t Sig.

(Constant) -48,026 15,792 -3,041 ,003

total size of the

complete board 1,311 1,125 ,083 1,165 ,246

1

Total employee _{9,348 1,610 ,411 5,805 ,000}

(Constant) -51,466 13,415 -3,836 ,000

total size of the

complete board 1,191 ,956 ,075 1,246 ,214 Total employee 5,260 1,453 ,231 3,620 ,000 2 Percentage of foreign experiences in TMT 67,293 8,093 ,511 8,315 ,000