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 ?
After Seattle, the WTO is the subject of a lot more living-room conversations in the United States, as is the question of how citizens can and should act to control the excesses of multinational corporations and economic globalization.
Every year, when the chief financial officer of almost any multinational corporation sits down with the company's tax director to review the year, the first question centers on the company's worldwide effective tax rate, followed by a question on how to reduce that rate.
Yet the left has largely ignored this issue, focusing instead on the rise of another new international actor, the multinational corporation.
In our view, the primary beneficiaries of the treaties will be -- not foreign multinational corporations -- but U.
According to figures from the International Trade Commission, imports of new pneumatic tires and tubes, particularly from Canada and Brazil, have been mostly related-party transactions by multinational corporations.
They describe the historical perspective on the relationship between multinational corporations and organization theory; established applications of organization theory in their study, such as a contingency approach to the role of headquarters, institutionalist theory, and ethnographic studies; new concepts and methodologies, including multinational corporations as multi-lingual corporations, headquarters-subsidiary relations, critical realism, convention theory, and a oplaying field of powero; and internal and external contestations of multinational corporations, including the role of gender, the role of social movements and political contests, ethics, and the adoption of corporate social responsibility.
Large multinational corporations and their broker firms expect financial stability of their employee benefits providers worldwide and can therefore rely upon Allianz as a trusted partner, says Theo Bouts, Head of Global Life & Health, Allianz SE, to whose business line the new unit belongs.
If you serve as general counsel for any multinational corporation, or if you are U.
The CJC has expressed concern over reports that Anglicans may follow the lead of the Presbyterian Church (USA), which voted last year to withdraw from holdings in multinational corporations doing business in Israel as a way of pressuring the Israeli government to withdraw its armed forces from occupied areas of the West Bank and Gaza.
A recent survey conducted by Ernst & Young shows that multinational corporations anticipated increased audits as tax authorities intensify their scrutiny of transfer pricing.
Multinational corporations with significant exposure to foreign currency exchange risk generally develop a risk management policy.

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