TRANSNATIONAL CORPORATIONS: THE CONCEPT AND BACKGROUND OF THE DEVELOPMENT OF THE THEORY OF CORPORATE GOVERNANCE

The article is devoted to the problem of theoretical understanding development modern international business. discusses terminological features description process transnationalization, in particular, compares content concepts "transnational corporation", "multinational corporation" and enterprise". distinctive transnational corporations are highlighted author's definition this term proposed. main theories business transnationalization that have developed Western economic thought (the theory internalization, internationalization, competitive advantages M. Porter, life cycle R. Vernon, etc.) analyzed limitations their application identified.