Sociology Index

Multinational Corporation MNC

Conglomerate, McWorld

A multinational corporation is a company which has operations in more than one nation. The development of multinational corporations has challenged the belief of liberal ideology that economic power can be counterbalanced by political power.

As multinational corporations have less dependence on a national market and can adopt practices which minimize the effect of national policies they move outside the reach of any political system. For a long time research on multinational corporations (MNCs) was dominated by a very critical assessment.

Social scientists have changed their view of the multinational corporation and they now have a positive opinion of multinational corporation raising the question whether we are on the way to an economic order in which there are no losers and only winners.

A Strategic Model for Multinational Corporation Social Responsibility in the Third World By Jay L. Laughlin, and Mohammad Badrul Ahsan - Frequent criticism of multinational corporation social responsibility is contrasted with the Friedman Doctrine, according to which the social responsibility of business is to increase profits. Recognizing that the purpose of exchange is the mutual satisfaction of all parties leads to a discussion of concepts from Blau's exchange structuralism. A model for enhancing multinational corporation strategy for socially responsible exchange behavior with developing nations is introduced.

The Developing Countries, Development, and the Multinational Corporation 
Richard D. Robinson - The ANNALS of the American Academy of Political and Social Science, Vol. 403, No. 1, (1972)
The point of departure is a discussion of the nature of nationalism in terms of resource allocation priorities and the priorities differ from nation to nation. The multinational corporation's overall profit-maximizing objective pushes in the direction of centralizing control external to the host country causes conflict. Because of the instabilities built into the multinational corporation, two possible future scenarios are discussed: (a) the Transnational Corporations TNC, a multinational corporation that is owned and managed multinationally, and (b) the multinational linked internationally essentially by contract.

The Use of the Multinational Corporation as a Research Context 
Kendall Roth, Tatiana Kostova, University of South Carolina, Columbia, SC 29208, USA 
Journal of Management, Vol. 29, No. 6, (2003)
The multinational corporation has been increasingly used as a context for conceptual and empirical evidence. We identify three main purposes for which the multinational corporation has been employed. We offer ideas of how to increase the contribution of multinational corporation research.

Strategic Bridging: A Role for the Multinational Corporation in Third World Development 
Sanjay Sharma, Harrie Vredenburg, University of Calgary, Frances Westley, McGill University 
The Journal of Applied Behavioral Science, Vol. 30, No. 4, 458-476 (1994)
The traditional lending paradigm adopted by international development funding agencies have not been very successful in fostering genuine economic development in developing Third World countries. Multinational corporations lack perspectives on the unique cultural and ecology affecting development in these countries.

Management Styles Within a Multinational Corporation: A Five Country Comparative Study - Cynthia Pavett, Tom Morris, School of Business Administration, University of San Diego, San Diego, California. - Human Relations, Vol. 48, No.10 (1995)

The Multinational Corporation Today - PAUL BRACKEN, Yale School of Management 
Yale SOM Working Paper No. OB-06, PM-05, OL-19 
Abstract: For the past decade this focus has shifted to the efficiency of the multinational corporations. Key areas that define research on the multinational corporations are its relationship to globalization and the rise of non-western multinational corporations..

The Visible Hand of the Multinational Corporation. A Review
HELGA HERNES, Institute of Sociology, University of Bergen, Norway, Institute of Sociology, University of Bergen, Norway - European Journal of Political Research 1 (3), 265–291.
The study of multinational corporations as political actors on the national and international level. The theoretical challenges presented by the multinational corporations are related in part to their dual character as economic and political actors.

John Kenneth Galbraith and the Multinational Corporation
Stephen Dunn, Abstract: He summarizes these contributions and emphasizes Galbraith's work on the multinational corporation to show its relevance to the globalization debate.

The Brave New World Of The Multinational Corporation - Gerd Schienstock, International Sociology, Vol. 7, No. 4, 461-479 (1992) 1992 International Sociological Association. Research on multinational corporations was dominated by critical assessment. But recently social scientists seem to have changed their view of the multinational corporation. Three aspects of multinational corporations are discussed: forms of governance, organisational strategies and industrial relations.