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 ?
Forsgren (Uppsala U.) introduces six theoretical approaches to the multinational firm, analyzing the dominating multinational, the knowing multinational, and the coordinating multinational from an economic perspective, and framing the multinational firm as an organization, a business network, and a political actor.
Firm presence in a host country was measured by the number of years that a multinational firm has operated in China.
For example, when (1) intermediate goods are a small portion of multinational firm operations; or (2) the elasticity of substitution between intermediate goods is high; or (3) public inputs do not substitute well for private fixed costs, a subsidy policy may be the best policy alternative for attracting multinational firms and raising national income.
An alternative approach is to analyze the financing choices of local affiliates of multinational firms. This approach affords the prospect of comparing the financing decisions of affiliates of the same multinational firm operating in different institutional settings.
Suspected communist rebels torched on Tuesday a banana packing plant of a multinational firm in T'boli, South Cotabato.
The buyer is an undisclosed multinational firm made this strategic acquisition at almost twice the industry standard valuation multiple, at 8.6X Adjusted EBITDA.
A senior executive at a multinational firm said: "Big companies that have worldwide exposure and who are required to submit reports to their overseas head offices do allocate funds for those goals: alleviation of extreme poverty; promotion of primary education; child mortality and maternal health".
First, we build on previous technological entrepreneurship literature by considering firm- and industry-level antecedents, such as CEO characteristics, firm size, and industry growth rates, and it extends that literature by also exploring the relative influence of the multinational firm's home context.
For decades, scholars and policymakers have debated whether tax rates in the home country of a multinational firm affect the firm's effective tax rate (ETR), or whether opportunities for extensive international tax planning break this link.
There are two firms: a multinational firm, denoted by H (for home), and a foreign incumbent firm, denoted by F.
"What would you do in the hypothetical situation of communicating a message to all North American employees of a multinational firm? The firm is headquartered in Canada, but has most of its employees in the United States.

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