Multinational corporation

(redirected from Multinational Enterprises)
Also found in: Encyclopedia.

Multinational corporation (MNC)

A firm that operates in more than one country.

Multinational Corporation

A corporation that maintains assets and/or operations in more than one country. A multinational corporation often has a long supply chain that may, for example, require the acquisition of raw materials in one country, a product's manufacture in a second country, and its retail sale in a third country. A multinational often globally manages its operations from a main office in its home country. Multinational corporations are controversial among groups such as environmentalists and worker advocates, who claim that multinationals exploit resources and employees. On the other hand, proponents argue that multinationals create wealth in every country where they operate, which ultimately benefits workers as well as shareholders.
References in periodicals archive ?
The subject of this contract is Purchase of 71 the number of licenses for electronic version of the Bulgarian translation of the OECD guidelines on transfer pricing for multinational enterprises and tax administrations, edition of OECD in 2010 and 71 the number of licenses for electronic version of Bulgarian translation of the Model Tax Convention on income and capital (short version), published by the OECD in 2010, for the NRA.
of Lethbridge, Canada) present country case studies that review the evidence for the main thesis of the book, which is that small nations increasingly need to rely on both home-grown and foreign multinational enterprises in order to achieve success in industries characterized by international competition, as these firms augment the "domestic diamond" of factor conditions; demand conditions; related and supporting industries; and strategy, structure, and rivalry.
However, the HQs set up by multinational enterprises will be taxed flatly at 15% without other preferential rates.
AaAa OECD's declaration on International Investment and Multinational Enterprises aims at improving the investment climate, encouraging the positive contribution of multinational enterprises can make to economic and social progress and resolving difficulties which may arise from their operations.
EU consolidated accounts will likely be a subset of consolidated accounts for many multinational enterprises.
Sentencing Guidelines, the FCPA, and the OECD Guidelines for Multinational Enterprises are but a few of the many laws and standards that have been internationally promulgated over the years.
This Annual Report provides an account of the actions taken by the 42 adhering governments over the 12 months to June 2010 to enhance the contribution of the OECD Guidelines for Multinational Enterprises to the improved functioning of the global economy.
The guidelines are recommendations addressed by governments to multinational enterprises operating in or from adhering countries.
The Guidelines note, however, that a direct-charge method is generally difficult to apply in practice and that multinational enterprises may use cost allocation and apportionment methods (referred to as "indirect-charge methods").
Critics want more specific guidance on how to differentiate between foreign and domestic operations, particularly in light of the increasing number of multinational enterprises and diversity in the structure of international activities.
com/research/2f04d2/annual_report_on_t) has announced the addition of the "Annual Report on the OECD Guidelines for Multinational Enterprises 2008: Employment and Industrial Relations" report to their offering.

Full browser ?