multinational company


Also found in: Financial, Acronyms.

multinational company

or

multinational corporation

a company which operates from a home base in one country with subsidiaries in others. The term transnational company has increasingly been preferred to describe large international corporations since they may not have an easily identifiable home base. World economy and trade is increasingly dominated by such companies which many authors see as outside the control of national governments. This raises issues of the control which such governments have over their own economies. Whilst the role of multinational companies has been decisive for the fate of THIRD WORLD economies and is central to the concept of IMPERIALISM and NEOIMPERIALISM, the largest companies have the majority of their investments in industrial countries. Investment in the Third World may not be the most important area for multinational companies, but they derive high profits from such investments and the effect on small Third World countries can be very significant. See also DEPENDENT INDUSTRIALIZATION, DEPENDENCY THEORY, UNEQUAL EXCHANGE.
References in periodicals archive ?
Khalid Usman, manager of another multinational company said that the quality of tobacco could be improved only with the cultivation of RVs.
This multinational company whose annual turnover is of 5.
The records management specialists of virtually every multinational company have initiatives planned or underway related to global legal compliance and/or litigation risk avoidance.
It is part of the culture of Latin people that it is good to work in a multinational company, but after ten or twelve years they then look for opportunities to work in smaller or medium-sized businesses, where you get more benefits and pay, and then you can put into practice what you learned in the multinational company," said Luz Solaegui, Human Resources Director, General Electric Real Estate Mexico.
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ICEM Global Company Networks link, on a worldwide basis, workers and their representatives working for the same multinational company.
Commenting on the formation of this multinational company, Dr.
Additional presenters include multinational company leaders, assessors, registrars, legal counsel and valuable exhibitors.

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