Figure 1
The line graph shows a horizontal axis labeled “Depth of Internationalization” and shows the following markings from left to right: 0,263, 0,300, 0,350, 0,400, 0,450, 0,500, 0,550, 0,600, 0,650, 0,700, 0,750, 0,800, 0,850, 0,900, 0,950, and 1,000. The left vertical axis is labeled “A M V” and ranges from “2,900” to “3,600” in increments of “1,00” units. The right vertical axis is labeled “R O A” and ranges from “0,000” to “0.900” in increments of “0,100” units. Two lines are shown. The first line labeled “A M V” starts at (0,263, 3,285), declines through (0,350, 3,220), (0,450, 3,165), reaches its lowest point at (0,550, 3,135), then rises through (0,650, 3,150), (0,750, 3,210), (0,850, 3,300), (0,900, 3,360), and terminates at (1,000, 3,510). The second line labeled “R O A” starts at (0,263, 0,285), increases steadily passing through (0,350, 0,340), (0,450, 0,410), (0,550, 0,480), (0,650, 0,550), (0,750, 0,620), (0,850, 0,690), (0,900, 0,730), and terminates at (1,000, 0,790). Note: All numerical data values are approximated.The relationship between internationalization and financial performance. Source: Authors' own work