Transnational Corporation
/ˌtrænzˈnæʃənəl ˌkɔːrpəˈreɪʃən/
Definitions
- (n.) A corporation that operates in multiple countries, managing production or delivering services beyond its home nation.
The transnational corporation established subsidiaries across Asia to expand its global reach.
- (n.) A legal entity characterized by centralized management that controls operations and assets in several jurisdictions simultaneously.
Legal disputes often arise due to the complex regulatory frameworks governing a transnational corporation's activities.
Forms
- transnational corporations
Related terms
See also
Commentary
The term emphasizes operational presence and control in multiple countries rather than mere ownership; drafting should clarify jurisdictional impacts and compliance obligations across borders.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.