Multinational Corporations and Global Responsibilities

Authored by: Morton Winston

The Ashgate Research Companion to Ethics and International Relations

Print publication date:  September  2009
Online publication date:  April  2016

Print ISBN: 9780754671015
eBook ISBN: 9781315612935
Adobe ISBN: 9781317043546

10.4324/9781315612935.ch22

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Abstract

Multinational corporations (MNCs) are among the most powerful institutions in contemporary society. A multinational (or sometimes transnational) corporation can be defined as

an enterprise, whether of public, private or mixed ownership, comprising entities in two or more countries, regardless of the legal form and fields of activity of these entities, which operates under a system of decision-making permitting coherent policies and a common strategy through one or more decision-making centers, in which the entities are linked, by ownership or otherwise, that one or more of them [may be able to] exercise a significant influence over the activities of others, and, in particular, to share knowledge, resources and responsibilities with the others (UN 1983).

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