What was the first multinational corporation in history?
The British East India Company, founded in 1600, and the Dutch East India Company, founded in 1602, are often called the first multinational corporations.
What is the most powerful multinational corporation in the world?
It was the most powerful multinational corporation the world had ever seen. Founded in 1600, the English East India Company’s power stretched across the globe from Cape Horn to China. The company was established for trading, with a royal charter by Queen Elizabeth I granting it a monopoly over business with Asia.
What is the problem of multinational corporations?
The problem of moral and legal constraints upon the behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that emerged during the late twentieth century.
How many multinational companies are there in the world?
Raymond Vernon reported in 1977 that of the largest multinationals focused on manufacturing, 250 were headquartered in the United States, 115 in Western Europe, 70 in Japan, and 20 in the rest of the world . The multinationals in banking numbered 20 headquartered in the United States, 13 in Europe, nine in Japan and three in Canada.