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 ?
As most of us know by now, the centerpiece of the OECD's BEPS guidance is country-by-country (CbC) reporting, which requires multinational enterprises to report annually for each tax jurisdiction in which they do business.
Their topics include the impact of multinational enterprises on sustainable development and poverty reduction, the contribution of the pharmaceutical business to the health status of the developing world, business-led new market creation in emerging countries: the case of Bt cotton, business and building capabilities in Ghana, and sustainable energy and development: the "Light for All" program in Brazil.
The subject of this contract is Purchase of 71 the number of licenses for electronic version of the Bulgarian translation of the OECD guidelines on transfer pricing for multinational enterprises and tax administrations, edition of OECD in 2010 and 71 the number of licenses for electronic version of Bulgarian translation of the Model Tax Convention on income and capital (short version), published by the OECD in 2010, for the NRA.
of Lethbridge, Canada) present country case studies that review the evidence for the main thesis of the book, which is that small nations increasingly need to rely on both home-grown and foreign multinational enterprises in order to achieve success in industries characterized by international competition, as these firms augment the "domestic diamond" of factor conditions; demand conditions; related and supporting industries; and strategy, structure, and rivalry.
However, the HQs set up by multinational enterprises will be taxed flatly at 15% without other preferential rates.
AaAa OECD's declaration on International Investment and Multinational Enterprises aims at improving the investment climate, encouraging the positive contribution of multinational enterprises can make to economic and social progress and resolving difficulties which may arise from their operations.
Sentencing Guidelines, the FCPA, and the OECD Guidelines for Multinational Enterprises are but a few of the many laws and standards that have been internationally promulgated over the years.
This Annual Report provides an account of the actions taken by the 42 adhering governments over the 12 months to June 2010 to enhance the contribution of the OECD Guidelines for Multinational Enterprises to the improved functioning of the global economy.
Based on the December 2012 multinational enterprises and sustainable development international conference held in New Delhi, the collection explore the capabilities of multinational enterprises to bring sustainable business models and corporate social responsibilities to the locations that are beneficial for them, and identifies innovative strategic choices that multinational enterprises use for sustainable development.
However, OECD states that UPM has not fully complied with the OECD Guidelines for Multinational Enterprises in its sales efforts to find alternative use for the Docelles mill.
Summary: Morocco signed, here on Monday, the declaration of the Organization for Economic cooperation and development (OECD) on International Investment and Multinational Enterprises.

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