A Study on Role and Responsibilities of MNCs and Its Contribution to Economic Development
Author : Indhu Lakshmi LS and Dr. MD Chinnu
Abstract :
This study examines the role and performance of MNCs and their contribution to economic development. It analyses how MNCs promote Foreign Direct Investment, generate employment, Transfer technology and foster infrastructure growth in host countries. Using a qualitative approach and the case study analysis, the study evaluates the economic benefits and challenges posed by MNCS. The findings highlight the importance of transparent policies and effective regulation to maximise their developmental impact of MNCs. This research provides insights for policymakers, scholars, and students in understanding their intersection of law, economics, and multinational enterprise activity.
Keywords :
Multinational Corporation (MNCs), Technology Transfer, Corporate Governance, Foreign Direct Investment (FDI), Employment Generation, Taxation and Regulation.
