Research Article
The Relationship between Extent of Internationalization and Firm Performance (Taiwan 1992–2017)
Table 10
Correlation matrix-low Tobin’s Q sample.
| | | Tobin’s Q | FS | SC | LA | DA | AG | BS | OB | BP | PL | RD | MT | ME |
| | Tobin’s Q | 1.00
— | | | | | | | | | | | | | | FS | −0.04
(−3.56) | 1.00
— | | | | | | | | | | | | | SC | −0.05
(−4.54) | 0.07
(6.42) | 1.00
— | | | | | | | | | | | | LA | 0.02
(2.09) | 0.01
(1.31) | −0.13
(−12.8) | 1.00
— | | | | | | | | | | | DA | −0.08
(−7.61) | −0.01
(−0.61) | 0.09
(9.06) | 0.04
(4.21) | 1.00
— | | | | | | | | | | AG | 0.02
(1.57) | −0.14
(−13.71) | 0.43
(45.56) | −0.19
(−18.75) | 0.00
(−0.26) | 1.00
— | | | | | | | | | BS | −0.04
(−3.6) | −0.02
(−2.23) | 0.42
(44.45) | −0.23
(−22.13) | −0.10
(−9.34) | 0.40
(41.25) | 1.00
— | | | | | | | | OB | −0.08
(−7.68) | 0.21
(20.49) | 0.13
(12.92) | −0.11
(−10.35) | −0.07
(−6.59) | −0.04
(−3.9) | 0.26
(25.81) | 1.00
— | | | | | | | BP | −0.03
(−2.51) | 0.07
(6.63) | 0.30
(30.18) | −0.03
(−2.93) | −0.01
(−1.07) | 0.04
(3.79) | 0.12
(11.62) | 0.10
(9.14) | 1.00
— | | | | | | PL | 0.00
(−0.45) | −0.09
(−8.83) | 0.30
(30.23) | −0.07
(−6.59) | 0.09
(8.62) | 0.22
(21.66) | 0.14
(13.78) | −0.05
(−4.64) | 0.08
(7.84) | 1.00
— | | | | | RD | 0.01
(1.39) | 0.10
(9.87) | −0.21
(−20.46) | 0.02
(2.2) | −0.13
(−12.48) | −0.22
(−21.29) | −0.09
(−8.27) | 0.07
(6.5) | 0.03
(2.85) | −0.08
(−7.85) | 1.00
— | | | | MT | 0.00
(0.12) | −0.09
(−8.22) | −0.16
(−15.55) | −0.02
(−1.47) | −0.03
(−3.1) | −0.02
(−1.93) | −0.02
(−1.74) | 0.02
(2.01) | −0.05
(−4.82) | −0.01
(−1.38) | 0.21
(20.71) | 1.00
— | | | ME | 0.00
(0.32) | 0.02
(1.95) | −0.24
(−23.55) | −0.03
(−2.88) | −0.04
(−3.37) | −0.04
(−4.14) | −0.04
(−3.79) | 0.04
(3.34) | −0.08
(−7.77) | −0.01
(−0.83) | 0.37
(37.27) | 0.30
(29.99) | 1.00
— |
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