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 ?
He was one of the first exponents of the transaction costs theory of the MNE with A Theory of Multinational Enterprise 9982).
Even as useful and provocative a study as Multinational Enterprise has shortcomings, Inexplicably, none of the essays touch on Asia, either on American and European multinationals operating in China and Japan or on the involvement of Japanese multinationals in other parts of the world.
Buckley provides the first chapter, "A Critical View of Theories of the Multinational Enterprise.' He notes a recent trend toward a general theory of the firm that encompasses the multinational enterprise as a special case.
Much of the research on multinational enterprise has been based on an American model, which views the company (usually an industrial one) as expanding abroad out of domestic growth and particularly out of experiences in its own domestic market.
He pushes his reader to judge multinational enterprises in relation to choices and opportunity costs.
It also contains a list of all the constituent entities of a multinational enterprise group operating in a particular jurisdiction and the nature of the main business activity of each such constituent entity.
The Action Plan on Base Erosion and Profit-Shifting (BEPS) set by the Organisation for Economic Co-operation and Development (OECD) is creating a high-stakes audit environment for multinational enterprises. With jurisdictions around the world enacting legislation to boost transparency and end corporate tax avoidance, a lack of data accessibility across jurisdictions could create a scenario ripe for audit--and it's time for finance departments to take action.
Olayan Group is a private, multinational enterprise with diverse commercial and industrial operations in the Middle East and an actively managed portfolio of international investments.
The addition of China to the Jasper footprint will enable multinational enterprise customers to manage devices in China on the same global platform as their other country markets with local support and local, in-country tariffs.
Conceptual foundation topics include key hypotheses that make internationalization theory the general theory of international strategic management; the new eclectic paradigm and international business strategy; and the multinational enterprise as a global factory.
The acquisition of IBM's personal computer division by China's Lenovo and the aborted bids for Maytag and Unocal have heralded the arrival of a new player on the global business scene--the Chinese multinational enterprise. To be sure, these highly publicized moves are not entirely new.
External versus Internal Markets of the Multinational Enterprise; Intrafirm Trade in French Multinational Agribusiness: The Foundations of Intrafirm Trade, the Determinants of Intrafirm Trade in the French, Agrofood Industry: Model and Results.

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