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Preferred term

multinational corporation  

Definition

  • Multinational corporations are a constitutive element of the international economy. Sometimes also referred to as transnational corporations, they are firms that operate across national boundaries through directly controlled subsidiaries or branches located abroad. [Source: Sociology of Work: An Encyclopedia; Multinational Corporations]

Entry terms

  • MNC

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/multinational_corporation

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