Results of moderated hierarchical regression
| Dependent variable: Internationalization | Model 1 | Model 2 |
|---|---|---|
| Constant | 0.483 (1.149) | −0.019 (1.089) |
| Variables | ||
| Involvement of multiple generations | 0.453** (0.228) | 0.592*** (0.227) |
| Firm size | 0.001 (0.001) | 0.001 (0.001) |
| Firm age | −0.323 (0.211) | −0.168 (0.202) |
| ROA | −0.009 (0.008) | −0.012 (0.008) |
| Secondary sector | 0.182 (0.380) | 0.361 (0.354) |
| Tertiary sector | 0.498 (0.367) | 0.358 (0.353) |
| Family ownership | 0.001 (0.008) | 0 (0.007) |
| Family members in the TMT | −0.136 (0.335) | −0.242 (0.318) |
| SEW variables | ||
| Prominence | 0.100 (0.137) | −0.163 (0.392) |
| Continuity | 0.170 (0.155) | 0.534 (0.464) |
| Enrichment | −0.360*** (0.138) | 0.904** (0.401) |
| Moderated relationships | ||
| Prominence × involvement of multiple generations | 0.158 (0.265) | |
| Continuity × involvement of multiple generations | −0.403 (0.344) | |
| Enrichment × involvement of multiple generations | −0.884*** (0.265) | |
| N | 147 | 147 |
| Adjusted R2 | 0.042 | 0.152 |
| d.f | (11,131) | (14,128) |
| ΔR2 | 0.120 | |
| F. Change | 6.706*** | |
| d.f | (3,128) | |
| Dependent variable: Internationalization | Model 1 | Model 2 |
|---|---|---|
| 0.483 (1.149) | −0.019 (1.089) | |
| Involvement of multiple generations | 0.453** (0.228) | 0.592*** (0.227) |
| Firm size | 0.001 (0.001) | 0.001 (0.001) |
| Firm age | −0.323 (0.211) | −0.168 (0.202) |
| ROA | −0.009 (0.008) | −0.012 (0.008) |
| Secondary sector | 0.182 (0.380) | 0.361 (0.354) |
| Tertiary sector | 0.498 (0.367) | 0.358 (0.353) |
| Family ownership | 0.001 (0.008) | 0 (0.007) |
| Family members in the TMT | −0.136 (0.335) | −0.242 (0.318) |
| Prominence | 0.100 (0.137) | −0.163 (0.392) |
| Continuity | 0.170 (0.155) | 0.534 (0.464) |
| Enrichment | −0.360*** (0.138) | 0.904** (0.401) |
| Prominence × involvement of multiple generations | 0.158 (0.265) | |
| Continuity × involvement of multiple generations | −0.403 (0.344) | |
| Enrichment × involvement of multiple generations | −0.884*** (0.265) | |
| 147 | 147 | |
| Adjusted | 0.042 | 0.152 |
| d.f | (11,131) | (14,128) |
| Δ | 0.120 | |
| 6.706*** | ||
| d.f | (3,128) | |
Note(s): Non-standardized coefficients; standard errors in parentheses; *p < 0.1; **p < 0.05; ***p < 0.01