Research Article

The Relationship between Extent of Internationalization and Firm Performance (Taiwan 1992–2017)

Table 13

High Tobin’s Q panel data analysis.

Pooled regression
UnweightedWeighted

R20.10520.3928
SSE1206410934
Hausman test480.3419
14.0000
0.0000
Fixed effect
FS0.0062 (0.0030)
FS2−0.000178 (0.0001)
FS30.00000129 (0.0000)
SC0.0069 (0.0104)
LA0.0023 (0.0002)
DA−0.0121 (0.0008)
AG−0.0117 (0.0012)
BS−0.0049 (0.0053)
OB0.0010 (0.0010)
BP0.0263 (0.0446)
PL−0.0040 (0.0009)
RD0.0159 (0.0014)
MT−0.0004 (0.0016)
ME0.0052 (0.0016)
C2.3197 (0.1569)