Transnational corporations (TNCs) are companies that operate across national borders and engage in business activities in multiple countries. TNCs play an important role in the global economy and can have significant impacts on national economies, international trade, and the environment. TNCs are often among the largest and most powerful economic actors in the world, and their activities can raise complex issues related to governance, regulation, and accountability.
Source: Garnett, S. (2002). Transnational corporations and human rights. London: Pluto Press.