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 ?
Firm presence in a host country was measured by the number of years that a multinational firm has operated in China.
Changing patterns of multinational firm activity have drawn attention to the role of tax havens and their effects on neighboring countries.
For example, when (1) intermediate goods are a small portion of multinational firm operations; or (2) the elasticity of substitution between intermediate goods is high; or (3) public inputs do not substitute well for private fixed costs, a subsidy policy may be the best policy alternative for attracting multinational firms and raising national income.
Dividend Policy Inside the Multinational Firm," Financial Management (forthcoming).
Even though a multinational firm can survive a challenge from the U.
By exploiting the richness of the data that come from the fine geographical and product detail, they show how own-industry multinational firm presence helped to stimulate new trade, and to elevate the quality of those trades.
In the second indirect ownership strategy, a multinational firm uses retained earnings from foreign operations to capitalize its initial investments in new foreign affiliates.
Ten percent of foreign sales may simply be insufficient to differentiate a multinational firm from a domestic one in terms of risk and return.
GlaxoSmithKline is due to open a newly-built manufacturing facility in Sri Lanka this week that is said to be the first solid oral dose facility set up by a multinational firm in the country.
Fritz Foley, Harvard University and NBER, "FDI Flows and Multinational Firm Activity"
Now, shareholders will be told that the company, who were bought back from an American multinational firm four years ago, have turned a pounds 345,000 loss into a healthy profit

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