The Influence of Multinational Corporations on Global Political Decisions

Authors

  • Muhammad Budiana Universitas Pasundan

Keywords:

multinational corporations, global political decisions, corporate social responsibility, global governance

Abstract

This study aims to analyze the influence of multinational corporations (MNCs) on global political decisions through various strategies, such as lobbying, strategic partnerships, and corporate social responsibility (CSR) programs. MNCs now act not only as economic entities but also as powerful political actors, especially in environmental, international trade and health issues. This research uses a qualitative approach through literature review, policy analysis, and in-depth interviews with experts in international economics and politics. The results show that PMNs can shape policies that benefit their business interests through political lobbying and alliances with international organizations, especially in strategic sectors such as energy and pharmaceuticals. In developing countries, CSR is used to solidify their influence over society and public policy, often creating a power imbalance between PMNs and local governments. The findings indicate the need for more transparent global governance and stronger oversight mechanisms to ensure that the power of PMNs does not threaten state sovereignty and support sustainable development. This research provides recommendations for international organizations to fairly regulate the influence of FDIs, for the sake of global prosperity.

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Published

2024-09-07

How to Cite

Budiana, M. (2024). The Influence of Multinational Corporations on Global Political Decisions. Journal of Student Collaboration Research, 1(3), 106–119. Retrieved from https://myjournal.or.id/index.php/JSCR/article/view/262