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3250 Lecture - Multinational Corporations

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  Unit Nine: Multinational Corporations Dr. Russell Williams   Required Reading:  Cohn, Ch. 9.  Class Discussion Readings:  Debora Spar and David Yoffie, “ Multinational Enterprises and the Prospects for Justice, ”  Journal of International Affairs, Vol 52, Issue 2, (Spring 1999), pp. 557-582.  Stephen McBride, “ Reconfiguring Sovereignty: NAFTA Chapter 11 Dispute Settlement Procedures and the Issue of Public-Private  Authority, ”  Canadian Journal of Political Science, Vol. 39(4) (2006), pp. 755-775.  Outline: 1. Introduction 2. The Origins of MNCs 3. MNCs vs. States? 4. Contemporary Policy Challenges 5. The Politics of MNC Regulation 6. Conclusions 7. Further Reading 8. For Next Time . . .  1) Introduction:  What are “     Multinational Corporations  ”     ? =Firms that “ actively ”  control operations in 2+ countries =Direct control over foreign affiliates/subsidiaries  E.g. “ Foreign Direct Investment (FDI) ”  vs. Portfolio Investment  Examples?     World  ’ s largest publicly traded company (?) Home: = Texas Oil reserves = 72 Billion barrels . . . . Operations = 44 refineries in 20 countries (Approx) Subsidiaries = Exxon, Mobil, Esso, several major shipping lines . . . Employees = 110,000 (Approx) Sales = $417 Billion USD (1 st  Quarter - 2011) Politics?????
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