Multinational corporation

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A multi-national corporation (MNC; also called a multi-national enterprise (MNE), trans-national enterprise (TNE), trans-national corporation (TNC), international corporation, or state less corporation,^[1] ) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country.^[2][3] 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. Black's Law Dictionary suggests that a company or group should be considered a multi-national corporation "if it derives 25% or more of its revenue from out-of-home-country operations".^[4]

Most of the current largest and most influential companies are publicly traded multinational corporations, including Forbes Global 2000 companies.