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Multinational
(redirected from multinationalism)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
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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Travlos, 1988, "The Effect of Corporate Multinationalism on Shareholders' Wealth: Evidence from International Acquisitions," Journal of Finance 43, 1161-1175.
Consequently, the significance of multinationalism in the workplace is becoming more evident due to the recruitment of local and foreign staff as part of organisational initiatives, when MNCs organise their strategic global operations at both the headquarters and foreign subsidiaries (Chandler, 1986; Adler & Ghadar, 1990; Kobrin, 1994; Choy, 2007).
If we don't stem the tide of multinationalism through trade law reform, then between 42 million and 56 million of the 140 million U.
 
 
 
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