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54 Sentences With "transnational corporation"

How to use transnational corporation in a sentence? Find typical usage patterns (collocations)/phrases/context for "transnational corporation" and check conjugation/comparative form for "transnational corporation". Mastering all the usages of "transnational corporation" from sentence examples published by news publications.

Nnorom has been president and chief executive officer of Transnational Corporation of Nigeria since September 2014.
The factory was owned by the Charoen Pokphand (CP) Group, a Thai transnational corporation and one of Asia's largest agribusiness firms.
Transnational Corporation of Nigeria plc was incorporated on November 16, 2004. The original concept was that Transcorp would be a conglomerate, similar to the South Korean Chaebols.
A transnational corporation is an enterprise that is involved with the international production of goods or services, foreign investments, or income and asset management in more than one country.
CAFCA considers that the effect of such takeovers has generally been negative in terms of jobs and wages. CAFCA are one of the organisers of the Roger Award For The Worst Transnational Corporation operating in New Zealand.
Anthony 'Tony' Chukwueke (born May 19, 1956) is a Nigerian business executive. He is currently the energy director of the Nigeria-based conglomerate, Transnational Corporation of Nigeria Plc (Transcorp Plc). He was appointed to the position in 2011.
The Management of Equity Investments, p. 79Ferguson, Niall (2008) With this first recorded initial public offering (IPO), the VOC brought in 6,424,588 guilders and the company subsequently grew to become the first true transnational corporation in the world.
The Dennis Gillings Professorship of Health Management is an established chair at the University of Cambridge, assigned to Judge Business School. The chair was established in 1988, following a benefaction of £2,000,000 from Dr Dennis Gillings, the chairman and chief executive officer of Quintiles Transnational Corporation.
Replica of an East Indiaman of the Dutch East India Company/United East India Company (VOC). The VOC is often considered to be the world's first true multinational corporation (or transnational corporation).Brook, Timothy: Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World. (Bloomsbury Press, 2008, pp.
Emmanuel Nwabuikwu “Emma” Nnorom (born April 7, 1958) is a Nigerian business executive. He is currently the group chief executive officer of Heirs Holdings, Chairman of Transcorp Hotels Plc and former president and chief executive officer Transnational Corporation of Nigeria Plc (Transcorp Plc). He was appointed to the position in 2014.
It has a secondary listing on the New York Stock Exchange. According to a 2011 paper, Barclays was the most powerful transnational corporation in terms of ownership and thus corporate control over global financial stability and market competition, with Axa and State Street Corporation taking the 2nd and 3rd positions, respectively.
The Board of Mtel, chaired by Cornelius Adebayo, had approved the program in September 2005. The vendors were Ericcson, Huawei, ZTE, Motorola, Nokia and Siemens. A local company founded in 2005, Transnational Corporation of Nigeria, acquired NITEL on July 3, 2006. In September 2006, Cornelius Adebayo became Minister of Works, replacing Engineer Obafemi Anibaba.
The Matacão is an anomalous black substance discovered in the Brazilian rainforest that resembles a malleable plastic. It is attributed with mysterious powers and abilities which draws religious pilgrims, and also attracts the attention of the media coverage and corporate entities, namely the American transnational corporation GGG, in attempts to monetize, own, or gain access to the substance.
Chukwueke has been energy director of Transnational Corporation of Nigeria since October 2011. He is in charge of the group’s strategy to emerge as one of the biggest indigenous oil and gas sector players. He brought his expertise to bear in the development of OPL 281 which is in partnership with the Nigerian National Petroleum Corporation (NNPC).
Replica of an East Indiaman of the Dutch East India Company/United East India Company (VOC). The VOC is often considered to be the world's first true multinational corporation (or transnational corporation). It was a pioneering early model of the global corporationBown, Stephen R.: Merchant Kings: When Companies Ruled the World, 1600–1900. (Thomas Dunne Books, 2009, ), p.
She had previously served as Managing Director and Chief Executive Officer of the Nigeria-based agricultural company, Teragro Commodities Limited, the agribusiness subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc). She was appointed to the position in 2014. In 2015 as CEO of Teragro, she was named on Ventures Africa’s 10 Most Influential Nigerian CEOs.
Wooten now serves as president of NovaQuest and executive vice president of corporate development at Quintiles Transnational Corporation, a position he has held since 2003. Wooten joined the firm in July 2000 as senior vice president of finance, to manage the formation of NovaQuest's predecessor, the PharmaBio Development Group, and to assist with merger and acquisition and corporate finance strategies.
Tranz Rail won the Roger Award for The Worst Transnational Corporation operating in New Zealand on three occasions: 2000, 2001 and 2002, and was the first corporation inducted into the "hall of shame". The Awards came amidst critical reports of lax safety standards, inadequate maintenance, asset stripping and insider trading. Toll NZ has been a finalist for the Roger Award twice.
Transnational Corporation of Nigeria plc (or Transcorp), is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. A publicly quoted conglomerate with a diversified shareholders base of about 290,000 investors, its notable assets include Transcorp Hotels plc (Transcorp Hilton Hotel, Abuja and Transcorp Hotels, Calabar); Transcorp Ughelli Power Limited and Transcorp Energy Limited (operator of OPL 281).
Replica of an East Indiaman of the Dutch East India Company/United East India Company (VOC). The VOC is often considered by many to be the world's first formally listed public company and the first historical model of the multinational corporation (or transnational corporation) in its modern sense.Brook, Timothy: Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World. (Bloomsbury Press, 2008, pp.
Most of the electricity produced by Ughelli is transported through a network of conductors, to the national grid. The refurbishment of existing power units and the addition of a new 400 MW project are likely to drive a 4x increase in revenue to NGN100 billion by 2020. The plant is an asset of Transnational Corporation of Nigeria Plc (Transcorp)’s power subsidiary, Transcorp Ughelli Power Limited (Transcorp Power).
The Roger Award. The Roger Award For The Worst Transnational Corporation Operating in New Zealand was an annual media campaign run since 1997 by two activist organisations, Campaign Against Foreign Control of Aotearoa and GATT Watchdog. The winners were chosen by a group of academics, activists, businesspeople and trade unionists. In April 2018 it was announced the 2016 Roger Award would be the final award, due to a declining number of nominations.
New constitutionalism formed in the 1980s as the result of a growing world order and the “worldwide market revolution.” The end of the Cold War represented an ideological shift and the need for transformation. This shift was reiterated by Prime Minister Margaret Thatcher declaring the depletion of socialism and the rise of conservatism and liberalism. As society progressed it allowed for the evolution of capital mobility, transnational corporation and the expansion of the world market.
Corporations that are broadly active across the world without a concentration in one area have been called stateless or "transnational" (although "transnational corporation" is also used synonymously with "multinational corporation"), but as of 1992, a corporation must be legally domiciled in a particular country and engage in other countries through foreign direct investment and the creation of foreign subsidiaries. Geographic diversification can be measured across various domains, including ownership and control, workforce, sales, and regulation and taxation.
Benfruit Plant is a fruit-processing plant based in Benue State in Nigeria’s fertile middle-belt region. It is owned and operated by Teragro Commodities Limited, the agribusiness subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), a Lagos-based conglomerate. It was established in 2011 as a result of a partnership between Teragro and the Benue State Government. The plant is used to process orange and pineapple concentrates, mango purees and orange oil for industrial markets.
Kent, while acknowledging that a number of his colleagues accept Scientology as a religion, argues that "Rather than struggling over whether or not to label Scientology as a religion, I find it far more helpful to view it as a multifaceted transnational corporation, only one element of which is religious." (Italics in original.) Early official reports in countries such as the United Kingdom (1971), South Africa (1972), Australia (1965) and New Zealand (1969) have yielded unfavorable observations and conclusions.
European colonial empires at the start of the Industrial Revolution, imposed upon modern political boundaries. The Age of Discovery was followed by a period of colonialism beginning around the 16th century. Following the discovery of a trade route to India around southern Africa by the Portuguese, the Dutch established the Verenigde Oostindische Compagnie (abbr. VOC) or Dutch East India Company, the world's first transnational corporation and the first multinational enterprise to issue shares of stock to the public.
Axa buys Swiss rival Winterthur BBC News, June 14, 2006 As of 2011, Axa was the second most powerful transnational corporation in terms of corporate control over global financial stability. In May 2016, the firm announced that it would stop investing in tobacco shares and bonds and allow its portfolio of tobacco-related bonds to run off. On September 12, 2018, Axa acquired XL Group Ltd, a Bermuda-based property and casualty commercial lines insurer and reinsurer, for $15.3 billion.
British American Tobacco was declared the winner of the 2008 Roger Award, the award for the worst transnational corporation operating in New Zealand. British American Tobacco spent more than €700,000 lobbying the EU in 2008, up to four times as much as the company declared on the EU's register of interest representatives, according to a report by Corporate Europe Observatory. The report argues that BAT's hidden lobbying activities, which are clearly not in the public interest, should be exposed to public scrutiny.
Scientology México headquarters in Mexico City near the Alameda Central. The Secretaría de Gobernación has denied the Church of Scientology's petition to be legally recognized as a religion three times. While a number of governments now give the Church of Scientology protections and tax relief as an officially recognized religion, other sources describe the Church as a pseudoreligion or a cult. Sociologist Stephen Kent published at a Lutheran convention in Germany that he likes to call it a transnational corporation.
Prior to her appointment as head of the large state bureaucracy, she served as Vice President of Government Relations for Quintiles Transnational Corporation in Research Triangle Park. Odom served as the Group Vice President for Carolinas Healthcare System, now Atrium Health. She is also an Adjunct Professor at the UNC School of Public Health. She received a bachelor's degree in sociology and political science from Springfield College and a master's degree in regional planning from the University of Massachusetts Amherst.
Heirs Holdings (HH) is a family owned investment company committed to improving lives and transforming Africa with a portfolio spanning the financial services, power, oil & gas, real estate & hospitality and healthcare. Its operations are rooted in the economic philosophy of Africapitalism which proposes private sector-led long-term investment in Africa by Africans. It carries out philanthropic work through The Tony Elumelu Foundation, named after its Founder and Chairman of the group. It is the major shareholder in the Transcorp (Transnational Corporation of Nigeria) conglomerate.
Valentine Chineto "Val" Ozigbo (born July 20, 1970) is a Nigerian business executive. He is the immediate past President and Chief Executive Officer of Transnational Corporation of Nigeria plc (or Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors He was appointed to the position in 2019. Previously, Ozigbo worked as Managing Director and Chief Executive Officer of the Nigeria-based hospitality company, Transcorp Hotels Plc. Transcorp Hotels is the hospitality subsidiary of Nigerian conglomerate Transcorp.
Don Fermin, a prototypical national capitalist, wants to exploit the mine and bring progress to the region, which his brother Don Bruno opposes. Don Bruno is a traditional landowner and fanatical Catholic, who doesn't want his tenant farmers or Indian slaves contaminated by modernity, which, according to his judgment, corrupts people. With the arrival of an international consortium - Wisther-Bozart- a dispute over control of the silver mine begins. Don Fermin cannot compete against the enormous transnational corporation, and sees himself forced to sell the mine, which then adopts the name Aparcora Mining Company.
On January 30, 2013, Transnational Corporation of Nigeria plc and General Electric (GE) signed a framework agreement to collaborate to address the infrastructural needs of Nigeria, with emphasis on the power and transportation sectors specifically rail transportation. GE, a global leader in the design, manufacture, supply, installation and maintenance of technology and services for the power sector, confirmed its commitment to facilitate the generation of 10,000MW of additional power in Nigeria over the next decade in line with its existing agreement with the Federal Government of Nigeria, signed in March 2012.
Since 1978 he had been working as a design engineer in Mechinstrument Design Bureau, department of the same scientific and production organization in Pavlovo. He led Mechinstrument in 1986 and became the CEO of Mechsborka enterprise in 1991. In 1993 he became the deputy of CEO and CEO of Instrum-Rand, Russian-American joint enterprise based on Mechinstrument. Later it was transformed into Ingersoll Rand public stock company, the Russian branch of Ingersoll-Rand, the American transnational corporation. In 1996 he became the CEO of Instrum-Rand private stock company (Pavlovo, Nizhny Novgorod Oblast).
An early megacorporation, the Dutch East India Company is often considered by many to be the first historical model of the multinational corporation (or transnational corporation) in its modern sense. The VOC's institutional innovations and business practices laid the foundations for the rise of global corporations and capital markets that now rule the world's economic systems. 17th-century etching of the Oost-Indisch Huis (Dutch for "East India House") in Amsterdam, the global headquarters of the United East India Company (VOC). Heeren XVII, as the VOC's board of directors, in the Oost-Indisch Huis, Amsterdam.
Aside from the more formal usage, the word empire can also refer colloquially to a large-scale business enterprise (e.g. a transnational corporation), a political organisation controlled by a single individual (a political boss), or a group (political bosses). The concept of empire is associated with other such concepts as imperialism, colonialism, and globalization, with imperialism referring to the creation and maintenance of unequal relationships between nations and not necessarily the policy of a state headed by an emperor or empress. Empire is often used as a term to describe displeasure to overpowering situations.
Dupe Olusola is a Nigerian business executive. She is the Managing Director and Chief Executive Officer of the Nigeria-based Hospitality company, Transcorp Hotels plc, subsidiary of the Nigerian conglomerate, Transnational Corporation of Nigeria. In March 2020, she was appointed to head Transcorp Hotels by existing board members, becoming the second woman to lead the organisation. Before joining Transcorp Hotels Plc, Dupe was Group Head of Marketing at United Bank for Africa (UBA) and was involved in leading all marketing efforts of UBA Group’s 23 countries of presence.
In 1997, in a back-handed compliment, the founders of the annual award for "The Worst Transnational Corporation operating in New Zealand", as voted by "four or five eminent judges – academics, community leaders, artists, even sportspeople", named it the "Roger Award" after Douglas. Douglas and his policies were and remain controversial and polarising. His supporters contend that he was responsible for rejuvenating the New Zealand economy while his opponents argue that Rogernomics was responsible for a vast increase in inequality between rich and poor, among other things.Keizer, Piet & Muysken, Joan. (1997).
A mechanical engineer with anarchist leanings, possibly based on the Russian Machist, Alexander Bogdanov (the character's ancestor) and Arkady Strugatsky, he is regarded by many other members of the First Hundred, particularly Boyle, as a troublemaker. He leads the team which establishes an outpost on the moon Phobos, and leads an uprising against the transnational corporation towards the end of first novel. Like Boone (with whom he was good friends), his political ideas (later known as Bogdanovism) weigh heavily on characters later in the series. In love with Nadia Chernyshevski, he is killed during the first Martian revolution in 2061.
Transnational Corporations Observatory is a Non-profit organization, created by Régis Castellani in October 1999 in Martigues, France. A Transnational Corporation (TNC) is a company or organisation that possesses and controls the free flow of its goods in more than one country. It operates a comprehensive database driven web site at that cover over 10,000 companies and 21,000 brands with information on social and environmental behaviour, financial data, list of brands, membership to the most influential lobbies, public relations and "opinion making", managers name and position, shareholders and subsidiaries, plants locations and offshore centers, brand management and corporate image management.
These structural differences tend to hinder effective global solidarity. However, in light of the weakness of international labor, Herod writes that globalization of production need not be met by a globalization of union strategies in order to be contained. Herod also points out that local strategies, such as the United Auto Workers' strike against General Motors in 1998, can sometimes effectively interrupt global production processes in ways that they could not before the advent of widespread market integration. Thus, workers need not be connected organizationally to others around the world to effectively influence the behavior of a transnational corporation.
In January 2006, Otedola was appointed a non-executive director of Transnational Corporation of Nigeria Plc, a multi- sectoral conglomerate established in 2004 by then-President Olusegun Obasanjo to respond to market opportunities requiring heavy capital investment in Nigeria and across sub-Saharan Africa. He held this post until February 2011. Otedola has made a number of real estate investments, including a N2.3 billion acquisition in February 2007 by Zenon of Stallion House in Victoria Island in Lagos, from the Federal Government. The following month he was appointed chairman of the Transcorp Hilton Hotel in Abuja and tasked with driving its expansion and upgrade to a seven star facility.
Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, a transnational corporation "oil major" of Anglo-Dutch origins, which is amongst the largest oil companies in the world. Approximately 80,000 Shell employees are based in the U.S. Its U.S. headquarters are in Houston, Texas. Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. Shell is the market leader through approximately 25,000 Shell- branded gas stations in the U.S. which also serve as Shell's most visible public presence.
He has held visiting appointments at Tsinghua University (Beijing), the National University of Singapore, and Manipal University (India). He has been awarded Honorary Doctorates from San Martin de Porres University (Lima), the United Nations University for Peace (San Jose), and Ritsumeikan University (Kyoto). The author of numerous books and articles, Dr. Goodman’s current research focuses on public goods and sustainable development and on democracy-building and civilian control of the armed forces in Latin America. His Small Nations, Giant Firms: Capital Allocation Decisions in Transnational Corporations (Holmes and Meier: 1987) discusses the determinants of capital allocation decisions in transnational corporation and the impact of transnational corporations on national development.
For large organizations or private companies, transparency and proactive data are often linked as this term indicates the way in which they must be proactive rather than reactive in the spreading of information. Proactive disclosure is also seen as when an organization such as a transnational corporation releases information before it is released by a third party such as the media, which takes away some of the third party's power. This practice has also often been linked to transparency within an organization. In some cases, organizations have been seen as avoiding disclosing information in this way due to negative coverage or to cover up information.
In its foreign colonies, the VOC possessed quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins, and establish colonies. With increasing importance of foreign posts, the company is often considered the world's first true transnational corporation. VOC at the National Library of the Netherlands (in Dutch) Along with the Dutch West India Company (WIC/GWIC), the VOC was seen as the international arm of the Dutch Republic and the symbolic power of the Dutch Empire. To further its trade routes, the VOC- funded exploratory voyages, such as those led by Willem Janszoon (Duyfken), Henry Hudson (Halve Maen), and Abel Tasman, revealed largely unknown landmasses to the western world.
Transnational corporations share many qualities with multinational corporations, with the subtle difference being that multinational corporations consist of a centralized management structure, whereas transnational corporations generally are decentralized, with many bases in various countries where the corporation operates. While traditional multinational corporations are national companies with foreign subsidiaries, transnational corporations spread out their operations in many countries to sustain high levels of local responsiveness. A transnational corporation operates substantial facilities, does business in more than one country, and does not consider any particular country its corporate home. One of the significant advantages of a transnational company is that they are able to maintain a greater degree of responsiveness to the local markets where they maintain facilities.
Budweiser () is an American-style pale lager produced by Anheuser-Busch, currently part of the transnational corporation AB InBev and produced in various breweries around the world. There is an unrelated lager also called Budweiser, originating centuries ago in České Budějovice, Czechia (historically known as Budweis); the existence of the two separate beers has given rise to a trademark dispute preventing Anheuser-Busch from using the "Budweiser" name in some regions, leading to the exclusive use of "Bud" in those markets. Introduced in 1876 by Carl Conrad & Co. of St. Louis, Missouri, Budweiser has become one of the largest-selling beers in the United States. The lager is available in over 80 countries, though not under the Budweiser name where Anheuser-Busch does not own the trademark.
Since the 1990s soft law instruments have been relied upon to guide corporate behaviour such as the OECD Guidelines for Multinational Enterprises, the UN Global Compact and the UN draft norms on transnational corporation and other business enterprises. The OECD Guidelines cover a wide range of issues including labour and environmental standards, human rights, corruption, consumer protection, technology amongst others. The guidelines are completely voluntary and were revised in 2000 and updated in 2011. In 2000 a complaint procedure was introduced allowing NGO's and others to submit complaints to alleged breaches where previously only trade unions could submit complaints. The 2011 update introduced a specific chapter on human rights and aligns the guidelines with the UN Special Rapporteur framework of "protect respect and remedy".
They have not yet had any children. He is a high ranking employee for a transnational corporation that one day approaches him with a confidential question relating to the discovery of an immortality potion that does the same thing that the current one does, but without the undesirable side-effect of turning off the sex drive in males. The desirability of patenting the process requires the corporation to handle related matters under a cloak of secrecy, but somewhere someone has spilled the beans; competitors will do anything for the magic recipe, especially if this can be done before the patent is filed in the US Patent Office. They will do anything, including bribery, extortion, and murder, to get the information out of the pharmaceuticals lab before the process is made public.
Nigerian Telecommunications Limited, or NITEL, was a monopoly telephone service provider in Nigeria until 1992 when the Nigerian government enacted the Nigerian Communications Commission act allowing new entrants into the telecommunications sector. During and after its years of monopoly, performance of the firm was sub-par, a behavior similar to other state owned enterprises such as NEPA and government owned water corporations. The firm was formed in 1985 as the welding together of two government entities, the telecoms arm of the Post and Telecommunications (P&T;) department under the Ministry of Communications and the Nigerian External Communications (NET) In February 2008 a report by BBC News said that the Nigerian government assumed the transnational corporation did not improve performance of NITEL and therefore stopped privatization in favour of Transcorp. In 2015, the government eventually finalized a transaction that saw NITEL and Mtel's assets to NATCOM.
Frank K. Flinn, adjunct professor of religious studies at Washington University in St. Louis wrote, "it is abundantly clear that Scientology has both the typical forms of ceremonial and celebratory worship and its own unique form of spiritual life." Flinn further states that religion requires "beliefs in something transcendental or ultimate, practices (rites and codes of behavior) that re-inforce those beliefs and, a community that is sustained by both the beliefs and practices", all of which are present within Scientology. Similarly, World Religions in America states that "Scientology contains the same elements of most other religions, including myths, scriptures, doctrines, worship, sacred practices and rituals, moral and ethical expectations, a community of believers, clergy, and ecclesiastic organizations." While acknowledging that a number of his colleagues accept Scientology as a religion, sociologist Stephen A. Kent writes: "Rather than struggling over whether or not to label Scientology as a religion, I find it far more helpful to view it as a multifaceted transnational corporation, only one element of which is religious" [emphasis in the original].

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