“…National culture distance is not statistically significant in explaining the variation of the performance of foreign affiliates in Saudi Arabia (significance at p <0.05). This goes against the results of previous studies that found that, in most cases, there was a significant correlation with the performance of international companies in emerging countries (Kogut and Singh, 1988;Barkema and Vermeulen, 1997;Leung, 1997;Park and Ungson, 1997;Hennart et al, 1998;Delios and Beamish, 2001;Li et al, 2001;Antia et al, 2007;Meschi and Riccio, 2008;López-Duarte and Vidal-Suárez, 2013;Hancıoğlu et al, 2014). However, the sign of national culture distance is negative.…”