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 end of the Cold War, the consolidation of the global economy, the rise of information technology, and the strengthening of transnational advocacy networks have contributed to effectively turning our attention to the potentially perverse impact of transnational corporations, insurgencies, paramilitaries, and other nonstate actors on human rights.
Water is at risk locally because transnational corporations are banging on the doors of municipalities across the country hoping to privatize municipal water services.
Integrated transnational corporations traversing real-time electronic networks that span the global economy have produced what one writer terms a "borderless world" (Ohmae, 1991).
The limited focus on the transnational corporation simply does not suffice as explanation.
Transcorp Ughelli Power Limited (TUPL), a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), is planning to undertake the expansion of the power plant in Ughelli, Delta State, Nigeria.
Also, she is a former CEO of Quintiles Transnational Corporation.
This can mean that Vladimir Putin has begun to construct a transnational corporation with the Russian participation that he will be able to head after 2008.
She covers the paradox of uranium production in a neoliberal era; uranium's economic and environmental justice history in the US; left in the dust in Monticello, Utah; a transnational corporation comes home to build the Pinon Ridge Uranium Mill in Colorado; isolation, poverty, and social dislocation; neoliberalized narratives of regulatory compliance; and social sustainability and localized energy justice.
The power and transport infrastructures in Nigeria is developed by General Electric (GE) and Transnational Corporation of Nigeria (Transcorp), which has inked a framework agreement to do so.
Kyrgyzstan has not received the final decision from Russia concerning the government stake in the Transnational Corporation Dastan, Deputy Finance Minister Mirlanbek Baigonchokov told Tazabek on Thursday.
A key element of the success of our clinical trials concerns the speed and efficiency with which we can turn prodigious amounts of clinical trial data from individual patients into actionable industry-standard codes," said Selena Sibbald, Global EDC Operations Director at Quintiles Transnational Corporation, a leading Contract Pharmaceutical Organization.
The handover of the Transnational Corporation Dastan to Russia is under consideration, Viktor Kharchenko, First Secretary of the Russian Embassy in Kyrgyzstan, told reporters today.

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