Moderating Effect of the Type of Property in the Multinationality – Performance Relationship : The Case of Firms in Latin America

The main aim of this paper is test the moderating effect of the type of property in the multinationality-performance relationship. In order to reach the aim a sample of 165 firms that operates inside the Latin American region was selected. Likewise, for testing the hypothesis a lineal regression was applied. The results suggest that exist a significant moderating effect of the type of property in this relationship in the firms that operates in Latin America. In addition the results depict that the multinationality-peformance relationship is positive, however when the variable “type of property” act as moderator the multinationality increases the performance in a positive way for the private firms but negative for the state firms