Multinational Corporation as the Subject of International Law
1 Pages Posted: 18 Feb 2014
Date Written: February 17, 2014
Multinational Corporation is an enormous economic force in which the economic power itself is spreading in all over the world. It also makes the Multinational Corporation have a direct control the government of a country because the economic power of the country which is highly supported by the income of the Multinational Corporation. In addition, there are several actions that can also influence the law in a country and may also violate international law where observed by many countries. The multinational corporation influence can make a positive and negative impacts for the State in which there is Multinational Corporation.
In case of any negative impact that may result in violation of either the national law or the international law, the offender must be punished. This penalty may occur in the event to responsible party. As the holders of rights and obligations it is named as the subject of law. In the international law happens to be happen a violations the agent will be called the subject of international law. the violations on international law occurred between the legal subjects and legal violations that occur in terms of differences in legal subjects and others.
Multinational Corporation is the subject of international law, which in this case, the multinational corporation can also violated the international law and also be able to take legal actions in order to relate to the subjects of international law. It is mainly in the financial sector where the most common is a multinational corporation entered into agreements in which more concerning the financial issue.
Keywords: multinational corporations, subject of international law, rights and obligation
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