LEGAL PERSONALITY OF MULTINATIONAL CORPORATIONS AND ITS CONSEQUENCES

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SALEHI MAZANDARANI MOHAMMAD; ZAKERINIA HANIEH

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Journal: Journal of Comparative Law Year:2013 | Volume:9 (19) | Issue:1 (97) Page(s): 145-160

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Information Journal Paper

Title

LEGAL PERSONALITY OF MULTINATIONAL CORPORATIONS AND ITS CONSEQUENCES

Author(s)

SALEHI MAZANDARANI MOHAMMAD | ZAKERINIA HANIEH | Issue Writer Certificate

Keywords

MULTINATIONAL CORPORATIONS (TRANSNATIONAL)Q2

LEGAL ENTITYQ2

DOMICILE AND NATIONALITYQ2

CIVIL AND CRIMINAL RESPONSIBILITYQ2

Abstract

Multinational Corporations (MNCs) establish subsidiary companies in various countries to expand their operation all over the world, and to invest in industrial areas of developing countries. MNCs have gained increasing importance and expansion after the Second World War. The most common structural model for a multinational enterprise is the pyramid one. In this model, a parent company is placed at the head of pyramid, and subsidiaries are owned and controlled by the parent company. In MNCs the Parent company and also each subsidiary has the nationality of its registrar country. MNCs have CIVIL AND CRIMINAL RESPONSIBILITY for damages to third parties. The interconnected management of subsidiaries and the parent company, and the fact that subsidiaries are controlled by parent company determine the responsibility of the parent company for subsidiary companies' operations.

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APA: Copy

SALEHI MAZANDARANI, MOHAMMAD, & ZAKERINIA, HANIEH. (2013). LEGAL PERSONALITY OF MULTINATIONAL CORPORATIONS AND ITS CONSEQUENCES. COMPARATIVE LAW (NAMEH-YE MOFID), 9 (19)(1 (97)), 145-160. SID. https://sid.ir/paper/219113/en

Vancouver: Copy

SALEHI MAZANDARANI MOHAMMAD, ZAKERINIA HANIEH. LEGAL PERSONALITY OF MULTINATIONAL CORPORATIONS AND ITS CONSEQUENCES. COMPARATIVE LAW (NAMEH-YE MOFID)[Internet]. 2013;9 (19)(1 (97)):145-160. Available from: https://sid.ir/paper/219113/en

IEEE: Copy

MOHAMMAD SALEHI MAZANDARANI, and HANIEH ZAKERINIA, “LEGAL PERSONALITY OF MULTINATIONAL CORPORATIONS AND ITS CONSEQUENCES,” COMPARATIVE LAW (NAMEH-YE MOFID), vol. 9 (19), no. 1 (97), pp. 145–160, 2013, [Online]. Available: https://sid.ir/paper/219113/en

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