multinational

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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.

multinational

Of, relating to, or being a company with subsidiaries or other operations in a number of countries. The diversity of operations of such companies subjects them to unique risks (for example, exchange rate changes or government nationalization) but at the same time offers them unique profit opportunities closed to domestic companies.
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References in periodicals archive ?
Mr Morrison said: Our multinational tax laws are having an impact and we now have one of the toughest, if not the toughest, anti-avoidance tax regimes in the world.
Australia : Multinational tax crackdown reaping results
So multinational is an organisation which works in more than one country or which has exposure and entry to international markets.
Multinationals transforming Pak economy
Majority of Multinationals are extremely happy as they make maximum profits and are freely able to repatriate their profits without any hindrances.
Pakistan, best place for multinationals: Speakers
Most cases, especially frivolous cases, against multinational corporations (whether in the United States or abroad) have been dismissed.
Courting international business: what are the human rights obligations of global capitalism? (Capitalism)
Council for International Business in New York City, says the ease of communicating globally has given multinationals an efficient and cost-effective means to disseminate company policy.
Spreading the ethical word: multinational companies are learning that profits and corporate ethics go hand in hand
For instance, she says, China is now the world's leading manufacturer of energy-efficient compact fluorescent lightbulbs, largely through ventures with multinational companies.
GLOBAL BUSINESS: Operating in the Green
Labor should be taking on the multinationals on a worldwide scale," says Kim Moody of Labor Notes in that same issue.
The Case Against the WTO
For a multinational corporation with excess FTCs from other international activities (e.
Tax and accounting aspects of global expansion
Unlike small and medium-sized companies that manufacture here, multinationals have operations around the world and export goods from those overseas facilities back to the United States--which is why, when China's favorable trade status is up for annual review, the Chinese can count on American multinationals to be their strongest supporters for low tariffs.
Most favored lobby: China gets what it wants the old-fashioned way
taxes paid by foreign-based multinationals - will do nothing to reduce pre-existing controversies and U.
Can an efficient transfer pricing strategy be developed under Canadian Law?
Economically, NAFTA is designed to enhance and protect the power of American multinationals and their exploitation of old and new markets on the continent.
The human costs of NAFTA
multinationals operating in the EC will be affected not only by the EC tax system but also by U.
An overview of corporate tax issues involving the European Community

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