Multinational Corporations

Paper Summary:

This paper argues that multinational corporations in today's global economy have been a mixed blessing. The author points out that while these organizations have been rightly accused of debilitating local businesses, of exploiting workers in developing nations and of dangerous levels of political clout, which they wield in impoverished lands desperate for their patronage, they are also powerful engines for meaningful change with regards to such issues as affirmative action initiatives that might (belatedly) transform the work culture of certain nations. The author underscores that multinationals can serve as very effective organizations for improving the benefits and employment packages that people in developing lands receive. The paper concludes that multinationals are far from perfect, but strong and progressive leadership can make them efficacious tools for change.

From the Paper:

"The other negative with regards to multinational corporations (and this has actually been hinted at above) is the power they can wield over the governments of developing nations. For instance, developing lands are obviously eager to diversify their economies, to increase their tax receipts, and to overcome rampant unemployment. In a similar vein, these third-world states have a clear interest in forging ties with the developed world that will allow for greater business opportunities for their own entrepreneurs and business types."

Sample of Sources Used:

• Bradford, Michael. "India Upgrades Employee Benefits." Business Insurance, 38.31 (2004, August 2): 17-19.
• Combs, Gwendolyn M., Sucheta Nadkarni, and Michael W. Combs. "Implementing Affirmative Action Plans in Multinational Corporations." Organizational Dynamics, 34.4 (2005): 346-360.
• Dawar, Niraj, & Tony Frost. "Competing with GIANTS." Harvard Business Review, 77.2 (1999): 119-129.
• Hippert, C. "Multinational Corporations, the Politics of the World Economy, and Their Effects on Women's Health in the Developing World: A Review." Health Care for Women International, 23.8 (2002): 861-869.
• McCulloch, J. "Double Standards: the Multinational Asbestos Industry and Asbestos-Related Disease in South Africa." International Journal of Health Services: Planning, Administration, Evaluation, 34.4 (2004): 663-679.

More papers on Multinational Corporations:

• Analytical Essay # 138517 : "Multinational Corporations and the Economy"
• Essay # 87623 : "Multinational Corporations"
• Term Paper # 143392 : "Multinational Corporations And Globalism"
• Essay # 87753 : "Globalization and Multinational Corporations."

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