From The Art and Popular Culture Encyclopedia
"Samuel Pisar similarly maintained (in a panel discussion broadcast over the French radio on 11 February 1973) that the first multinational organization was the Catholic Church and that the first clash between a nation state and such an organization involved Henry II, King of England , and Thomas à Becket, Archbishop of Canterbury (of Murder in the Cathedral fame)"--Culture and Management: Selected Readings (1977) by Theodore D. Weinshall
"Through vignettes and interviews, the documentary film The Corporation (2003) examines and criticizes corporate business ethics and compares the profile of the contemporary profitable business corporation to that of a clinically diagnosed psychopath. It claims that corporations are systematically compelled to behave with what it claims are the DSM-IV 's symptoms of psychopathy, e.g., the callous disregard for the feelings of other people, the incapacity to maintain human relationships, the reckless disregard for the safety of others, the deceitfulness, the incapacity to experience guilt, and the failure to conform to social norms and respect the law."--Sholem Stein
A multinational corporation (MNC) or worldwide enterprise is a corporate organization that owns or controls production of goods or services in at least one country other than its home country. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation. There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise.
Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including Forbes Global 2000 companies. Multinational corporations are subject to criticisms for lacking ethical standards. They have also become associated with multinational tax havens and base erosion and profit shifting tax avoidance activities.
- Economic liberalism
- Free market
- Global workforce
- East India Company
- World economy
- Multinational tax haven