Multinational Enterprises As Power Enclaves: Evidence From Developing Countries
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 11
Abstract
This paper focuses on the ascendancy of Multinational Corporations and how they wield their powers in developing countries. Whereas protagonists of Multinational Corporations see them as drivers of economic boom, critics content that they spell doom to developing nations. Thus, the paper dissects corporate power along the dimensions of (i) Industry Concentration Ratios, (ii) Corporate Economic weight, (iii) Control over Labor Unions, (iv) Corporate Tax and Subsidy, (v) Political Influence, and (vi) The Power of International Mobility. Evidence shows that, despite the negative outcomes as a result of the presence of multinationals, developing countries do not have any other choice than to embrace these corporate immigrants. Far reaching recommendations are made that are not only aimed at creating synergy between developing countries and MNCs, but will also foster a harmonious environment for global commerce and trade.
Authors and Affiliations
Waribugo Sylva, Dan-Jumbo, Comfort T.
Keywords
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- EP ID EP413144
- DOI 10.9790/487X-2011014151.
- Views 61
- Downloads 0
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