Short Communication

Profit Sharing in Multinational Corporations

Charles W. Eisemann
South African Journal of Business Management | Vol 6, No 2 | a3492 | DOI: https://doi.org/10.4102/sajbm.v6i2.3492 | © 2022 Charles W. Eisemann | This work is licensed under CC Attribution 4.0
Submitted: 29 June 2022 | Published: 30 June 1975

About the author(s)

Charles W. Eisemann, Human Resources Research and Development, Texas Instruments Inc., United States

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Abstract

Multinational corporations are proliferating through­out the world. They are coming not only from the United States, but from Europe and Asia as well. The purpose of this article is to build a case around which is based the concept that profit sharing may be a force which will enable multinational corporations to transcend local situations and bring all employees to work for the benefit of the parent corporation, regardless of the corporation's nationality. The author recognises that local nationalism will always play an extremely important part in the eyes of employees and that corporate citizenship will con­tinue to be secondary. However, it is clearly apparent that the influence of the multinational corporation is only beginning to be felt, and when combined with the influences of transnational unionism, corpora­tions must begin to find newer and better ways of bringing employees under the corporate umbrella and working for the good of the corporation. A force which can provide one meaningful step in that direction is sharing the profits of the enterprise.

Keywords

Multinational corporations; profit sharing; employees; transnational unionism

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