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 ?
Transnational Corporations have entered these markets which were earlier closed or partially opened.
The end of the Cold War, the consolidation of the global economy, the rise of information technology, and the strengthening of transnational advocacy networks have contributed to effectively turning our attention to the potentially perverse impact of transnational corporations, insurgencies, paramilitaries, and other nonstate actors on human rights.
The impact of transnational corporations on the Westphalian System may be seen in three ways.
The author's focus, however, is more or less restricted to the financial side of global subordination to transnational corporations.
The power and transport infrastructures in Nigeria is developed by General Electric (GE) and Transnational Corporation of Nigeria (Transcorp), which has inked a framework agreement to do so.
This can mean that Vladimir Putin has begun to construct a transnational corporation with the Russian participation that he will be able to head after 2008.
Kyrgyzstan has not received the final decision from Russia concerning the government stake in the Transnational Corporation Dastan, Deputy Finance Minister Mirlanbek Baigonchokov told Tazabek on Thursday.
A key element of the success of our clinical trials concerns the speed and efficiency with which we can turn prodigious amounts of clinical trial data from individual patients into actionable industry-standard codes," said Selena Sibbald, Global EDC Operations Director at Quintiles Transnational Corporation, a leading Contract Pharmaceutical Organization.
The handover of the Transnational Corporation Dastan to Russia is under consideration, Viktor Kharchenko, First Secretary of the Russian Embassy in Kyrgyzstan, told reporters today.
Sandy's successful leadership at Quintiles Transnational Corporation and Glaxo, Inc.
A part of the debt of the Kyrgyz Republic to Russia will be redeemed through hand over of 48% stake in Dastan Transnational Corporation worth US$19,405,624.

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