Multinationality and Regional Performance, 2001–2005

The traditional dependent variable in the multinationality and performance literature is the ratio of foreign (F) to total (T) sales, (F/T). This can now be supplemented by a new regional variable, the ratio of regional (R) to total (T) sales, i.e. (R/T). Data are presented on both (F/T) and (R/T) for both sales and assets for a five-year period, 2001–2005. Implications are drawn for future research on multinationality and performance in the light of this regional phenomenon.