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 ?
Kluwer said the journal was launched in response to the growing influence of non-state actors, including intergovernmental organizations, non-governmental organizations, individuals and transnational corporations, on international law.
Perhaps nowhere have transnational corporations, working with a corrupt local power structure, done more damage than in Indonesia.
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).
Transnational corporations undergo financial audits; now they can expect increasing pressure to behave in a socially responsible manner in countries where they have operations.
The Netherlands Via EcoNet -- The International Chamber of Commerce (ICC) represents the largest transnational corporations on Earth, including General Motors, Novartis, Bayer and Nestle.
It contains the public contact points for transnational corporations involved in third world debt.
local subsidiaries of transnational corporations, like Rockwell International and Cummins Engine of America and Motorenwerk of Mannheim Eisenmann of Germany; as well as consortia like Remon created for the venture.
Along with his unfocussed harangue against any form of free trade, Clarke is thoroughly hostile to the free market, free enterprise, capitalism, transnational corporations, the banks, low inflation policies and the export economy.
GATT will give representatives from transnational corporations unbridled power to define the global rules and to be the global judges about everything from food safety laws to the rights of Amazon indigenous peoples to use the curative plants and ecosystems they and their foremothers and forefathers have tended for millennia.
On one side, there is the ruling class (politely) known as insiders): the President, ex-Presidents, ex-Secretaries of State, transnational corporations and banks, Nobel Prize--winners in economics, editorial boards.
These foundations and the transnational corporations that fund the enviro-Leninists and other extremists invariably share an important common denominator: their boards of directors are peppered with members of the Council on Foreign Relations.

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