Multinational enterprises (MNEs) are perhaps the most talked about forms of business association in the contemporary ‘globalizing’ world and economy.1 It is often said that the major MNEs have a turnover larger than many nation states, that they are powerful enough to set their own rules and to sidestep national regulation. They appear to be a power unto themselves.2 This is by no means a new concern. Similar worries have been expressed at various points in modern history. The current debate has echoes in the past. It is possible to say that the origins of...
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