POL 208 Study Guide - Multinational Corporation, Corporate Social Responsibility, Colonial India

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POL 208
• Professor: Wayne Petrozzi

Document Summary

As dramatic as the rise of global interdependence, the impact and role of transnational corporations, also known as multinational corporations, are clouded by the many ideologies and priorities of people in different countries. Apart from their size, transnational corporations are largely prominent in the global equation. In particular, they hold the capacity to influence other powerful corporations and governments. Transnational corporations act as a catalyst by inducing change in the worldwide social, political and economic state. They also continue to be the centre of debate in arguments regarding the advantages and disadvantages of their borderless operations. As a result, transnational corporations are held to high concern when it comes to their presence in a diverse society, underlying control in the political world and role in the handling of global economic problems. The 17th century was the first time the world experienced, under what was defined as, a transnational corporation.