Abstract:
Multinational operation is an outcome of economy globalization and enterprises developing in a certain history stage. It’s the advanced mode when enterprisesparticipate international market operation. Multinational operation is the requirement for enterprises to exploit life of products sufficiently, the effective means to transfer international resource, and the infallible result for enterprises to thoroughly unearth and utilize own advantages. When the MNCs as a can’t be neglectful power appears on the international polity and economy arena in 60-70 years 20 century, its corporate governance not only represents the most advanced direction but also has its complexity—especially the corporate governance of the parent company and subsidiary company in multinational operation. At the same time, the chinese enterprises not only face the competition of the MNCs in Chinese market under the economic globalization, but also have to go out to multinational operate, here, the corporate governance in the world must be good use for reference.
Keyword: MNC (Multinational Corporation) corporate governance subsidiary company governance comparatively study