Multinational Corporation - MNC

A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management. Very large multinationals have budgets that exceed those of many small countries.

Sometimes referred to as a "transnational corporation".

Nearly all major multinationals are either American, Japanese or Western European, such as Nike, Coca-Cola, Wal-Mart, AOL, Toshiba, Honda and BMW. Advocates of multinationals say they create jobs and wealth and improve technology in countries that are in need of such development. On the other hand, critics say multinationals can have undue political influence over governments, can exploit developing nations as well as create job losses in their own home countries.

Investment dictionary. . 2012.

Look at other dictionaries:

  • multinational corporation — Any corporation registered and operating in more than one country at a time, usually with its headquarters in a single country. A firm s advantages in establishing itself multinationally include both vertical and horizontal economies of scale… …   Universalium

  • multinational corporation — transnacionalinė korporacija statusas T sritis Politika apibrėžtis Didelio masto verslo įmonė, kurios gamybos ir prekybos gaminių padaliniai įsikūrę daugelyje valstybių. Transnacionalinės korporacijos (TNK) yra labai lanksčios ir gali lengvai… …   Politikos mokslų enciklopedinis žodynas

  • multinational corporation — A form of capitalist enterprise in which the financial structure, managerial control, and integration of productive activity span national boundaries and are oriented to international (or global) markets . See also industrial integration …   Dictionary of sociology

  • multinational corporation — In a strict sense this term is descriptive of a firm which has centers of operation in many countries in contrast to an international firm which does business in many countries but is based in only one country, though the terms are often used… …   Black's law dictionary

  • multinational — [mul΄tinash′ə nəl] adj. 1. of or involving a number of nations 2. designating a corporation with branches in a number of countries 3. comprising persons of various nationalities n. a multinational corporation …   English World dictionary

  • multinational — (adj.) also multi national, by 1921, from MULTI (Cf. multi ) + NATIONAL (Cf. national). Originally with reference to states; later (by 1960) to corporations and organizations. As a noun, short for multinational corporation, attested by 1971 …   Etymology dictionary

  • Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… …   Wikipedia

  • Corporation — A legal person that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things. The New York Times Financial Glossary * * * corporation cor‧po‧ra‧tion… …   Financial and business terms

  • corporation — A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities ( liability), and sell securities, among other things. Bloomberg Financial Dictionary An entity created by or under the… …   Financial and business terms

  • corporation — corporational, adj. /kawr peuh ray sheuhn/, n. 1. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those… …   Universalium

  • multinational — ▪ I. multinational mul‧ti‧na‧tion‧al 1 [ˌmʌltɪˈnæʆnəl◂] adjective 1. COMMERCE ORGANIZATIONS a multinational organization has offices, factories, activities etc in many different countries: • Big multinational companies can earn huge profits. • a …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.