Multinational corporation


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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 new documentation procedures for multinational corporations will demand additional operations and technology requirements to ensure compliance.
At a fundamental level, a multinational corporation cannot expect to be a responsible corporate actor in the globalized labor market if it does not have the ability to understand the impact of its operations relative to labor impacts.
Selling the cheapest products has consequences, but powerful multinational corporations avoid them.
The organization's rather glowing report found that multinational corporations produce less pollution per unit of output than domestic firms and serve as catalysts for economy-wide environmental performance improvements.
Remember when we used to talk about multinational corporations, and people would roll their eyes?
In our view, the primary beneficiaries of the treaties will be -- not foreign multinational corporations -- but U.
According to figures from the International Trade Commission, imports of new pneumatic tires and tubes, particularly from Canada and Brazil, have been mostly related-party transactions by multinational corporations.
They describe the historical perspective on the relationship between multinational corporations and organization theory; established applications of organization theory in their study, such as a contingency approach to the role of headquarters, institutionalist theory, and ethnographic studies; new concepts and methodologies, including multinational corporations as multi-lingual corporations, headquarters-subsidiary relations, critical realism, convention theory, and a oplaying field of powero; and internal and external contestations of multinational corporations, including the role of gender, the role of social movements and political contests, ethics, and the adoption of corporate social responsibility.
Large multinational corporations and their broker firms expect financial stability of their employee benefits providers worldwide and can therefore rely upon Allianz as a trusted partner, says Theo Bouts, Head of Global Life & Health, Allianz SE, to whose business line the new unit belongs.
Archbishop Andrew Hutchison, primate of the Anglican Church of Canada, said Anglicans must attempt to "have a balance" when dealing with the issue of Israeli-Arab conflict in the Middle East, even as some denominations are reviewing their investment policies with regards to multinational corporations doing business in Israel.
They fault multinational corporations for offering low wages.
A recent survey conducted by Ernst & Young shows that multinational corporations anticipated increased audits as tax authorities intensify their scrutiny of transfer pricing.

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