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The Promises and Perils of Multinational Corporations: the Nigerian Experience

Author

Listed:
  • Dan-Jumbo Comfort T.

    (Department of Hospitality Management and Tourism, University of Port Harcourt, Nigeria)

  • Akpan Ekom Etim

    (Department of Management, University of Port Harcourt, Nigeria)

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. Arguments put forward by different scholars were also discussed. Finally, it was recommended that for the Nigerian economy to develop, conscious actions have to be taken to move the economy from an import dependent to an exporting economy.

Suggested Citation

  • Dan-Jumbo Comfort T. & Akpan Ekom Etim, 2018. "The Promises and Perils of Multinational Corporations: the Nigerian Experience," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 4(3), pages 73-78, March.
  • Handle: RePEc:mgs:ijmsba:v:4:y:2018:i:3:p:73-78
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.43.1008
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    More about this item

    Keywords

    Multinational corporations; Nigerian economy; Economic development; Theories of multinational enterprise;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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