Multinational corporation

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Multinational corporation (MNC)

A firm that operates in more than one country.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
These included US and European government sovereign funds, leading international insurance companies, endowments from universities and major global corporations, all of which turned to Israel's tech ecosystem as a source of innovation.
Stressing that, in this new world, data is the new wealth, Ambani said, "India's data must be controlled and owned by Indian people and not by corporates, specially global corporations."
To start with offshore finance, global corporations use different jurisdictions to avoid being taxed or regulated in their home country.
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The companies said that the objective of the arrangement is to provide a jointly developed global trade digitization platform that's built on open standards and designed for use by the entire global shipping ecosystem, adding that "it will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones." Another key benefit cited is that the venture will enable IBM and Maersk to commercialize and scale their solutions to a broader group of global corporations, including General Motors and Procter and Gamble, among others.
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Benefit the many not the few THIS week (19th - 26th Jan ) the super-rich, politicians and huge global corporations will meet in the Davos ski-resort to pontificate about world affairs including the issue of inequality.
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Meanwhile, Discover the World India will continue to operate as the car rental company's GSA servicing the travel trade and global corporations in Bengaluru, Delhi and Mumbai.
Global corporations may be fearing the worst for their employees following President Donald Trump's executive orders restricting immigration from seven Muslim-majority nations after a weekend of ( detainments and ( protests at airports across the United States.
Both the FCTC and the UNFCCC allow for governments to rein in global corporations' unchecked power, which is a root cause of many other problems, from economic inequality to social injustice and broken democratic systems.
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