Multinational Corporations and Global Poverty Reduction

George Lodge and Craig Wilson

Challenge, 2006, vol. 49, issue 3, pages 17-25

Abstract: The authors argue that multinational corporations have contributed and can continue to contribute enormously to the reduction of global poverty. The authors grant that public corporations exist to maximize value for their shareholders. But with the creation of a new institution, the authors believe that the energies of multinational corporations can be oriented toward reducing global poverty without undermining shareholder value.

Date: 2006
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