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Multinational Corporations And Economic Development In Nigeria

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In this study, the nexus between the generated oil revenue in Nigeria from 1981 to 2021 and its possible influences on the relative growth of the economy on a sustainable basis has been Abstract: This article explores the concept of multinational corporations, their evolution, and impact on the developing economies with Nigeria in focus. Several theories of multinational enterprises were reviewed and how these theories, as well as the activities of the multinational firms, are related to the development of the Nigerian economy.

Multinational Companies Fleeing Nigeria: Causes, Impacts and the Way ...

Introduction The integration of world economies necessitated the establishment and spread of foreign direct investments (FDIs) globally owing to its potentiality as an important additional source of investment capital and managerial expertise. Due to the FDI potentials, developing countries have embraced Multinational Corporations (MNCs) as a source of economic

Transnational Corporations, State Capacity and Development in Nigeria

Multinational Corporations in Nigeria Multinational Corporations bring a global economic boom, unprecedented in modern economic history has been underway as the drive for efficiency, productivity and open unregulated markets sweeps the world. Powerful economic, technological, industrial, political and demographic forces are converging to build the foundation of a new

ABSTRACT Economic theories have shown that Foreign Direct Investment (FDI) being one of the key macro-economic variables has a positive relationship with economic growth. Therefore, this study specifically test the hypothesis on whether or not FDI has positive and significant impact on output growth in the Nigeria economy using a model based on a modified neoclassical

Abstract This paper examined Oil Multinational Corporations and Environmental Rights Violations in Nigeria, as an offshoot of environmental politics in Nigeria. it was emphasized that for many Oil-bearing communities in Oil producing-states of Nigeria, and around the world, the net effects of Oil exploration to the environment have not only been devastating, but have also highlighted the

Multinational corporations and employment and labor conditions of developing countries: The Nigerian experience. European Journal of Business and Social Sciences, 1 (6), 67–76. Abstract esents multinational corporations governed by family and their result on Nigerian economic development. Available literature shows that family governed multinational corporations have positive impact n other parts of the world but in Nigeria effects are unclear and a study was conducted to that

There is a general perception that home jurisdictions in vulnerable areas are powerless when it comes to the control of multinational corporations. While this assertion is largely correct, this article argues that there cannot be effective control of multinational corporations (“MNCs”) at international, regional or private level without the corresponding Abstract This article explores the concept of multinational corporations, their evolution and impact on the developing economies with Nigeria in focus. Several theories of multinational enterprises were reviewed and how these theories, as well as the activities of the multinational firms, relate to the development of the Nigerian economy.

  • Multinational Construction Companies in Nigeria: an Analysis of
  • A History Of Multinational Corporations And Development In Nigeria
  • THE EVOLUTION OF MULTINATIONAL COMPANIES AND

Abstract: The aim of this research was to examine the degree to which multinational corporations operating in Nigeria have employed corporate social responsibility, or CSR, to assist Nigerians in overcoming the challenges associated with attaining the 2030 sustainable development goals. Nigeria is coping with a number of legal, cultural, political, social, and economic challenges. 1. INTRODUCTION Developing countries have hosted multinational enterprises that have grown significantly over the years while still struggling for socio-economic development, Nigeria is not an exception to this. Nigeria is one of the largest producers of oil and has since attracted multinationals who make enormous profits from their activities in the country (CBN Bulletin,

A History Of Multinational Corporations And Development In Nigeria

The quest for skills development perhaps accounts for why developing countries like Nigeria attract multinational corporations (MNCs) to their territories to invest in their economies. MNCs are the custodians of skills vital for social and economic The main focus of this research work is to examine the influence of multinational companies in the economic development of Nigeria. MNC’s are agent of development in the sense that they constitute the source of capital investment, employment for the people, technological transfer etc. However, many detest their existence because they are agents of exploitation of the people Developing country especially Nigeria has played host to MNCs long before independence till date. These multinational corporations have grown their operations significantly over time and yet host countries still struggles for better life and socio-economic development (Onudogo, 2013).

In view of these, the main objective of this study is to examine the relationship between Gross Domestic Product and economic growth in Nigeria. The study is anchored on Internalization Theory. The concept of multinational corporations and its contributions to the development of Nigerian economy has been focused on the relationship between multinational corporations and its activities in Nigeria (Andabai, 2010). Abstract This work takes a cursory look at the evolution of multinational companies and petroleum exploration in Nigeria. The paper examined the role and activities of major multinational oil companies in crude oil and gas exploration, focusing on American and French Multinational Companies in Nigeria. The study adopted quantitative and qualitative content analysis relying

It examines different but critical insights on the theme of economic globalization, as well as the view that multinational corporations are important conveyors of it. It also provides perspective on the varying challenges multinational corporations may contend with in

Abstract With Nigeria’s abundant natural resources the control of a substantial portion of oil production by multinational corporations (MNCs) raises concerns about transfer pricing manipulation. Part of revenue leakages of the government in Nigeria which are needed to boost economic growth can be attributed to tax evasion practices by MNCs through their transfer

Multinational companies (MNCs) in the oil, gas, and manufacturing sectors have used various tax schemes, ranging from off-shore intermediary companies to claiming recharges, royalties or technical fees and under-reporting of profit, to avoid paying tax in Nigeria. Key words: Multinational Corporations, South African investments, Nigeria’s economic development, Economic Globalization. INTRODUCTION Multinational corporations have remained an integral aspect of the economy of many countries of the world. Their existence allow the corporations have access to variety ofction, countries to obtain resources as well as engage in economic activities. Multinational corporations have benefited from lower tax rates, tax exemptions and lower labour costs in many developing

Abstract The paper attempts to evaluate the relationship between empirical analysis of multinational corporations and economic growth in Nigeria using data spanning (1991-2014). Secondary data was used and collected from the CBN statistical bulletin and national bureau of statistics. Hypotheses were formulated and tested using time series econometrics and the

EFFECT OF MULTINATIONAL ENTERPRISES ON ECONOMIC DEVELOPMENT IN NIGERIA

Multinational corporations have a long history in Nigeria, as in most developing countries, dating back to imperial and colonial policies. Nigeriahas long attracted multinational corporations (MNCs). Over the years, the number and activities of Multinational companies (MNCs) have witnessed tremendous growth (Onodugo 2012). The recorded growth in the number and

The study sought to identify ways to minimize national security challenges in Nigeria and examine how national security can be managed to enhance economic growth and development of multinational corporations in Nigeria. This study adopted a survey research design. Data for the research was collected through primary and secondary source.

A B S T R A C T Nigeria is on the threshold of Industrial take­ off and though it (Nigeria) provide a base for foreign investors, no study of importance has been undertaken to ascertain the extent to which Multinationals Corporations (MNCs) in particular UAC have contributed to or can contribute to the development of the Nigerian economy. The research sees’MNC as a recognised feature Multinational corporations and economic development in Nigeria monetary price rates, duties, tariffs, trade restrictions, and of recent trade wars. A host of the well performing MNCs have launched manufacturing locations where labor is cheapest, and The paper seeks to examine the activities of Multinational corporations (MNCs) in Nigeria and how it has influenced the Nigerian economy. Specifically, it

INTRODUCTION Debatably, multinational corporations or companies (MNCs) are established among the vital group of actors in the global knowledge-based economy. Ever since the mid-1970s, MNCs have remained focused on expanding the business/industrial activities across the world via the aid of foreign direct investment (FDI) inflow. For example, the famous British East In the past few decades, transnational corporations (TNCs) have become significant political and economic actors in the international political economy due to advances in globalisation, leading to growth in their power and influence (Macleod and Lewis, 2004). However, their contributions to contemporary world development are among the most intensely debated Multinational Corporations and Corporate Social Responsibility: An Investigation of Shell and Its Relationship with Their Host Communities in Nigeria

Sustainability Accounting Practices and Disclosure by Multinational Corporations in Nigeria. Journal of Applied Economic Sciences, Volume XIII, Summer, 3(57): 751 – 759. This study analyzes the role of MTN Nigeria as a multinational corporation in the context of Nigerian economic development, emphasizing the importance of

Transnational Corporations and Economy Growth in Nigeria

This article explores the concept of multinational corporations, their evolution, and impact on the developing economies with Nigeria in focus. Several theories of multinational enterprises were PDF | On Dec 8, 2021, Ismail Bello and others published Multinational Corporations and Sustainable Development Goals in Nigeria: Exploiting Private Funds for International Development | Find, read

This is the fact that under proper management of economic policies, multinational corporations are the bed rock for developing countries and national integration as it provide greater opportunities by exploration and discovery of our major mineral resources were made possible by the MNCS (Multinational Corporations). Profit shifting by multinational corporations: Evidence from transaction-level data in Nigeria Tax Justice Network Working Paper #2024-01 May 2024 Bathusi Gabanatlhong Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic. E-mail: [email protected].