Multinational corporation
(noun)
A corporation or enterprise that operates in multiple countries.
Examples of Multinational corporation in the following topics:
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Multinational Firms
- A multinational corporation (MNC) or multinational enterprise (MNE) is a corporation registered in more than one country or has operations in more than one country.
- It can also be referred to as an international corporation.
- The first multinational corporation was the Dutch East India Company, founded March 20, 1602.
- Corporations may make a foreign direct investment.
- Multinational corporations are important factors in the processes of globalization.
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Corporate Social Responsibility
- Corporations are fictitious, corporations are juridical persons created by law.
- Corporate ethics is the ethics of corporate social responsibility (CSR), not corporate personal responsibility.
- The multinational corporation is here to stay; the issues of how these behemoths are guided and controlled is far from settled.
- How the humans who work and manage these organizations maintain their own integrity within the Utilitarian cultures of the multinational corporation is a chapter of history we are only beginning to write.
- The Social Contract between society and the multinational corporation today is being radically renegotiated.
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Definition and Challenges of a Global Corporation
- Global corporations operate in two or more countries and face many challenges in their quest to capture value in the global market.
- A global company is generally referred to as a multinational corporation (MNC).
- Organizational Structure: Another significant hurdle is the ability to efficiently and effectively incorporate new regions within the value chain and corporate structure.
- Finding a way to capture value despite this fixed organizational investment is an important initiative for global corporations.
- Identify the most meaningful challenges encountered by multinational corporations (MNCs) when pursuing global markets and efficiencies
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Small Businesses and U.S. Jobs
- By addressing a need left unmet or innovating more rapidly than large multinational corporations, small businesses are able to carve out new niches for themselves.
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Summary and references
- Carroll, Archie. " A Three Dimensional Conceptual Model of Corporate Social Performance. " Academy of
- "Corporate Social Responsibility: Will Industry Respond to Cut-Backs in Social Program Funding?
- "Corporate Scandal Shakes India. " Wall Street Journal, A-1, 2009.
- Multinational Finance provides a concise treatment of the investment and financial decisions facing the multinational corporation.
- It also has unique chapters on multinational treasury management, options on real assets, corporate governance, asset pricing, and international portfolio management.
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Standardization and customization
- In contrast to multinational companies, standardized (global) corporations view the world or its major regions as one entity instead of a collection of national markets.
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Corporate Social Responsibility and sustainable development defined
- Carroll's CSR model contains four categories of corporate responsibility organized from most to least important.
- The successful multinational enterprises of the coming century will be those that find the unique balance between financial objectives and CSR.
- ILO (International Labor Organization) and its Tripartite Declaration focuses on the "social aspects of the activities of multinational enterprises, including employment creation in the developing countries" (Governing Body of International Labor Office, 204th session).
- How important is Corporate Social Responsibility (CSR) as a core value for the top companies in the world?
- Carroll's CSR Pyramid: A three-dimensional conceptual model of corporate social performance.
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The Goals of a Business
- The primary purpose of a business is to maximize profits for its owners or stakeholders while maintaining corporate social responsibility.
- However, social responsibility may also have a critical role in business operations, so American revenue growth continuous existence should not be solely considered in corporate success.
- This concept is called corporate social responsibility (CSR).
- Former President Bill Clinton stated adamantly that major multinational companies must put their customers and employees' interests before those of shareholders in order to promote economic development and growth, especially in emerging markets.
- This also validates the growing importance of innovation as a core principle for corporation survival and success.
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Ethical Issues Within a Business
- Related issues include corporate governance; corporate social entrepreneurship; political contributions; legal issues, such as the ethical debate over introducing a crime of corporate manslaughter; and the marketing of corporations' ethics policies.
- The way in which multinationals take advantage of international differences, such as outsourcing production (e.g., clothes) and services (e.g., call centers) to low-wage countries.
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Types of Corporations
- C corporation refers to any corporation that, under United States federal income tax law, is taxed separately from its owners .
- A C corporation is distinguished from an S corporation, which generally is not taxed separately.
- S corporations are merely corporations that elect to pass corporate income, losses, deductions, and credit through to their shareholders for federal tax purposes.
- Like a C corporation, an S corporation is generally a corporation under the law of the state in which the entity is organized.
- Must be an eligible entity (a domestic corporation, or a limited liability company which has elected to be taxed as a corporation).