The International Law


Instructor: Professor Jason Lum, M.P.P. J.D.

By: Cally Chung

Oct 7, 2011

We have further investigated the concern over the multinational corporations which they invest in the oversea, foreign investment and money & banking.
For the multinational enterprise – Businesses are created by individual nations, even though they may operate internationally. The variety forms, however, is limited – essentially to partnerships and corporations – and the choices are remarkably similar from one state to another. Multinational enterprise takes on a variety of operational structures that reflect their international character. If the home or parent organization is located within a single state – a national multinational – the organization is usually fairly simple; however, enterprises with multiple parents located in multiple states – international multinationals – often have quite complex structures.   And the regulation of multinationals is principally a matter of municipal law. As a general rule, how states regulate the parent firms and host states regulate the subordinates. Sometimes, however, home states are able to regulate foreign subordinates with extraterritorial laws, and host states may regulate the parents by piercing the fictional veil that separates the subordinates from their parents. The most complex is the “international multinational enterprise” made up of two or more parents from different countries that co-own operating businesses in two more countries. The international multinational enterprise is like a national multinational in that it operates through subordinations. The difference lies in its having two or more parents companies located in different states. Most international multinational have come about form the merger of parent firms operating in different Western European countries.
To carry out the international business, rules of ethical behavior for multinational enterprise...