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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.
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Of, relating to, or being a company with subsidiaries or other operations in a number of countries. The diversity of operations of such companies subjects them to unique risks (for example, exchange rate changes or government nationalization) but at the same time offers them unique profit opportunities closed to domestic companies.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Now it is being advanced in the idiom of multinationalism.
Increasingly, trade policy and the effects of multinationalism are not partisan issues.
Confronting multinationalism with political institutions such as multipartyism and constitutionally enshrined minority rights can advance liberal democratic ideals.
(71.) The investment in raw materials production gave rise to spurious claims in the Japanese literature about the "trade-enhancing" character of Japanese FDI in contrast to the trade-undermining character of US foreign investment: Kiyoshi Kojima, Direct Foreign Investment: A Japanese Model of Multinational Business Operations (London: Croom Helm, 1978); Terutomo Ozawa, Multinationalism: Japanese Style (Princeton: Princeton University Press, 1979).
Missirian, 1991, "Gains from Corporate Multinationalism: Evidence from the China Experience", The Financial Review 26, 3, pp.
Charming Norwegian Lerche embodies tasteful multinationalism, boasting lush melodies that echo Brian Wilson and Burt Bacharach and easy crooning inspired by Brazil's Caetano Veloso.
Acknowledging Ikeda's and the Soka Gakkai's many peace-related activities, Kisala concludes that Ikeda's "fundamental position should be more accurately described as one of multinationalism rather than pacifism," since Ikeda "does not absolutely rule out the use of force." Instead, Ikeda "recognizes the occasional need for the application of force in order to maintain order, although he would shift responsibility for the deployment of such force from the nation state to an international body such as the United Nations....
To others, it demonstrates the hazards resulting when "feel-good" multinationalism collides not only with the sovereignty of the United States but with the basic human desire to surround oneself with objects of beauty.
(63) Dahl, "Federalism and Democratic Process"; Alfred Stepan, "Toward a New Comparative Politics of Federalism, Multinationalism, and Democracy," Federalism and Democracy, ed.
Yet all the indications are that Africa has begun to follow the wider global trend towards multinationalism. Banks are becoming bigger with a wider, more global reach and--more to the point--making unprecedented profits.
The combination of African leadership and conscious multinationalism makes this church a powerful tool of mission in a context where church membership has been in steep decline for decades.

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