Will Multinational Company prove beneficial or harmful in the long run in context of Bangladesh?
...ecoming major players at both domestic and international levels. Many of the costs and benefits of globalization are closely linked with the operations of MNCs. On the other hand, empirical evidence suggests that globalization is becoming both a threat and an opportunity for non-traditional security in many different ways. For example, threats are manifested (among other ways) by widening the rich-poor gap, social instability and increasing environmental degradation, while opportunities have shown up in forms of faster economic growth, more technology transfer, and increased democratization. About Multinational Company Definition and criteria Economists are not in agreement as to how multinational or transnational corporations should be defined. Generally a multinational company is “....a company having production and marketing facilities in many countries, enjoying worldwide access to capital, depending on foreign income, and being managed with a worldwide point of view” (David W Ewing). Multinational corporations have many dimensions and can be viewed from several perspectives (ownership, management, strategy and structural, etc.) The following is an excerpt from Franklin Root (International Trade and Investment, 1994) Ownership criterion: some argue that ownership is a key criterion. A firm becomes multinational only when the headquarter or parent company is effectively owned by nationals of two or more countries. For example, Shell and Unilever, controlled by British and Dutch interests, are good examples. However, by ownership test, very few multinationals are multinational. The ownership of most MNCs are uninational. Depending on the case, each is considered an American multinational company in one case, and each is considered a foreign multinational in another case. Thus, ownership does not really...