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 ?
Certain people control multinational corporations. You couldn't get elected in the US without lots of money.
These documentation requirements will greatly impede internal financing structures and limit the ability of multinational corporations to pool cash.
(111) This includes a requirement that the multinational corporation ensure that its policies and practices are in conformity with the development policies and standards enacted by the host state.
He stated that this rectriction would create a monopoly of companies and make farmers dependent on multinational corporations.
Malaysia's InvestKL is more than half way to completing its mission: attracting 100 multinational corporations (MNC), including top oil and gas firms, to base their regional headquarters in Greater Kuala Lumpur (KL) by 2020.
China's significant growth and development has been greatly influenced by Multinational Corporations (MNCs) searching for "the next best thing." In an ever-shifting economy, strategists have begun focusing on these MNC expansions and how they affect the local Chinese talent pool, as well as whom these companies are specifically looking to hire.
ECESR report on Multinational Corporations 'Above the State'
The NGO alledged that information provided by two multinational corporations - Shell and BP - to the transparency register was not accurate as it seriously underestimated spending on lobbying.
Operating out of three buildings, Moneypenny handles about 30,000 calls a day for around 6,000 businesses from sole traders to multinational corporations, either on an overflow basis or by providing a fully outsourced telephone answering service.
Multinational corporations have been instrumental in the growth of income inequality around the world, redistributing wealth and resources for the benefit of a thin slice of the population.
Industrial innovation and firm performance; the impact of scientific knowledge on multinational corporations.
Collectively, the authors dispel the myth of the hegemonic power of US multinational corporations. The authors explain that even the United Fruit Company (UFCO), the "most powerful and infamous" expression of foreign investment, was unable to dictate policy to Latin American nations (p.

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