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 ?
"A president should be trying to care for the interests of the country he governed, not the interests of a transnational company."
We've got to be able to offer people in America who are joining our company the opportunity of being part of a truly global or transnational company.
He also wanted to see the establishment of a better integrated legal environment, regretting that there did not yet exist a European companies law or a European social security law - both shortcomings viewed as obstacles to establishment of the future transnational company EADS, which is to be activated in the spring from the merger between Aerospatiale Matra, Germany's DASA and Spain's CASA.
Or maybe it will be a transnational company. IABC offers a way to meet communicators and add world-class ideas to your professional toolbox.
Because LUKOIL is a transnational company, which has its ADRs (American depositary receipts) being quoted on the American market.
The first 45 PX-Q300 municipal desalination project is for Veolia, a French transnational company with activities in four main service and utility areas traditionally managed by public authorities - water supply and management, waste management and energy and transport services.
ISLAMABAD, August 27, 2011 (Balochistan Times): A leading consumer group has protested against the use of religion by a Swiss pharmaceutical transnational company to sell its vaccine tagging it with Halal.

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