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Multinational corporation
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{{short description|Corporation operating in multiple countries}} {{use dmy dates|date=February 2025}} {{copy edit|date=October 2024}}{{Corporate law}} {{World trade}} A '''multinational corporation''' ('''MNC'''; also called a '''multinational enterprise''' ('''MNE'''), '''transnational enterprise''' ('''TNE'''), '''transnational corporation''' ('''TNC'''), '''international corporation''', or '''stateless corporation'''<ref>{{cite journal |first1=Roy D. |last1=Voorhees |first2=Emerson L. |last2=Seim |first3=John I. |last3=Coppett |title=Global Logistics and Stateless Corporations |journal=Transportation Practitioners Journal |volume=59 |issue=2 |date=Winter 1992 |pages=144β151}}</ref>) is a corporate organization that owns and controls the production of goods or services in at least one [[country]] other than its home country.<ref name="pitelis">{{cite book |last1= Pitelis |first1= Christos |title= The nature of the transnational firm |first2=Roger |last2=Sugden |year= 2000 |publisher= Routledge |isbn= 0-415-16787-6 |page= H72 |url= https://books.google.com/books?id=mXjeiQYR088C}}</ref><ref>{{cite web|url= https://www2.econ.iastate.edu/classes/econ355/choi/mul.htm |title=Multinational Corporations|date=31 January 2025 }}</ref> Control is considered an important aspect of an MNC to distinguish it from international portfolio investment ''organizations'', such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are [[Public company|publicly traded]] multinational corporations, including [[Forbes Global 2000|''Forbes'' Global 2000]] companies.
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