Interrelation of Internationalization and Firm Financial Performance in the Manufacturing Sector

Abstract

This study examines the interrelation of internationalization and firm performance among manufacturing sectors in Indonesia for the years 2021-2021. This is basic research with a quantitative approach using data panels on E-Views 10. The research used 20 companies that fulfill the terms of the period year, sector and have the component of variables. The results of this study show that internationalization has a significant effect on firm performance (ROA and ROS proxy), firm performance has a significant effect on internationalization (FATA proxy), but firm performance has an insignificant effect on internationalization (FSG proxy).