ABSTRACT

The second section looks at the contribution of multinational corporations (MNCs) to the process of globalisation. That multinational corporations have an important role in the process of globalisation is well understood. Simply in terms of product innovation, especially in terms of technology and communication, the corporate role is immense. This chapter is concerned with other aspects of the MNC role, notably in the promotion of trade, foreign direct investment and employment, as well as the influence of multinational corporations on governance.