Table 6

Summary of results

Hypothesis #Synopsis of hypothesesFinding
H1FNVs associated with lower performance compared to MNVsNot Supported
 (a)(b)
H2Average work experience in the same industry of owners of MNVs vs FNVsSupportedSupported
H3Average education levels of owners of MNVs vs FNVsNot supportedNot supported
H4Average hours worked by owners of MNVs vs FNVsSupportedSupported
H5Legal form differences between FNVs and MNVsSupportedSupported*
H6Technology level differences between FNVs and MNVsSupportedSupported

Note(s): *Although statistically significant, the coefficient signs are ambivalent, refer Results section for details

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