The Relationship Between Multi-Nationality and Performance in US Large Capitalization Multinational Companies

It is generally assumed that the performance of a company improves with greater multi-nationality and that there is a direct relationship between the two variables; however, there is a third critical strategic variable between multi-nationality and a firm’s performance: the strategic management performance. This paper reports a study of 12 multi-national companies (MNCs), examining how their multi-nationality dimension requires an adequate strategic management performance, and how that is reflected in their performance, expressed in stock price and return on investment (ROE)