Browsing by Subject "Multinational corporations."

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Open Access
Labor market implications of multinational enterprises
(2007) Sağlam, Bahar
In this dissertation, the labor market implications of increased foreign Firm activity in the local economy are studied by using a heterogeneous matching model framework. There are a number of unskilled and skilled job seekers, and a number of job vacancies posted by local and foreign firms. In this set up, where all workers can engage in on-the-job search, equilibrium conditions and Nash bargaining approach allows derivation of wages for different types of workers and Firms. Results suggest that wages are a weighted average of labor productivity and unemployment benefit, where the weight depends on the bargaining power of the workers, labor market tightness and the mass of local and foreign vacancies. Results suggest that levels of wages paid by the foreign Firm need not always be greater than that paid by the local Firm. In fact, the wage differential is found to depend on relative costs, skill endowment and the technological gap between local and foreign Firms. An increase in the foreign presence, measured as an increase in the extent of foreign Firm vacancy creation, can occur because of an exogenous change in cost of job creation- public policy, technological improvements and skill upgrading. In this context, depending on the cause of an increase in foreign presence we end up with differential relative wage effects. On the other hand, skill intensity of the foreign Firms and restrictions on labor mobility from foreign to local Firms play a crucial role in explaining wage differentials and unemployment.
Open Access
A new role for businesses? Analyzing corporate social responsibility
(2002) Sucuoğlu, Gizem
This study analyzes the concept of corporate social responsibility related to Transnational Corporations (TNCs); why businesses are undertaking new responsibilities related to the social realm. As the power and visibility of TNCs have increased and their influence on society has grown, public expectations concerning their operations also rose. The constructivist theory of International Relations is used in order to approach the issues in a framework, and to be able to understand the future roles of businesses. The development of the concept as well as related legal and philosophical discussions are also included. Case studies have been used which have been analyzed using the theoretical framework explained at the beginning of the study. The aim of this study is to understand to what extent TNCs can be expected to adhere to the norm of corporate social responsibility.