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Michael Porter's Research Project on the 5 Forces Framework
THE IMPACT OF MULTINATIONAL CORPORAIONS ON DEVELOPMENT OF DEVELOPING COUNTRIES

BY

ONDABU IBRAHIM TIRIMBA HD333-C003-0138/2012

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE FINAL RESEARCH PROJECT PROPOSAL OF THE MASTER OF BUSINESS ADMINISTRATION JOMO KENYATTA UNIVERSITY OF AGRICULTURE, SCIENCE AND TECHNOLOGY

JULY 2012

ABSTRACT

This study shall be aimed at critically studying the impact of multinational corporations on the development of developing countries taking Kenya as a reference developing country.

It shall touch on areas like employment creation, poverty and dependency reduction and foreign direct investment.

The study shall be geared towards the historical background of global investments while tracing their evolution from small businesses to their giant investments that today their massive capital is a real threat to the nation when issues of capital flight fall due.

The study shall be conducted at the Kenya Commercial Bank and the KenGen Corporations with a sampling frame being all those multinational corporations whose Head Quarters are located in Nairobi Kenya region.

The study is shall be important to policy makers in deciding whether to continue depending upon multinational corporations whose income goes back to their parent companies or to nurture the local companies for sustainable development.

CHAPTER ONE

1.0 INTRODUCTION

1.1 BACKGROUND OF THE PROBLEM
The relevance of the highlights on the effects of international business becomes more urgent due to the following: the subject has been handled before in various stand points. Most writers have written on the subject but few have concentrated on the effects of The MNC on development of the nation-state.

Given majority are either Americans or Europeans, focusing on the effects of MNCs would amount to self gratification.

The study



References: Wilkins Owino (1970). The Emergence of Multinational Enterprise: American Business Abroad from the Colonial Era to 1914. Ake, CA (2002). A political economy of Africa. Longhorn Publishers. Abdullah F.A (1997). Financial management for the multinational firm, prentice hall, international edition, London Brooks R and Remmers (1970) Buckley PJ (1990). The future of financial companies, Macmillan press, London Chaitram Singh (1999) Coughlin and Ikiera (1996). Kenya’s industrialization dilemma Heinemann Kenya, Nairobi Hahlo H.R, Eglin J.P, Billar K.T.(1997) Kaplinsky R (2001). Readings on the multinational corporations in Kenya, Oxford University press, Nairobi Langdon S (1991) Living stone and ore H.W Eds (2003). Economics for eastern Africa, Heinemann, Nairobi Rugman A (2005) Morrison and Roth (1992). The true multinational. Prentice hall, London Riahi Ida (1999) September 12th business journal, Nairobi Kreikebaum R., Scholz W, Whitney M. (2002). Multinational Come Of Age, Oxford University Press, Nairobi Robbock and Simmonds (1989) Turner L (1974). The invisible empires, Hamish Hamilton, London Ghemawat C (2003) Scholaz E (1999). Economic development in the third world countries, 2nd edition, Longman, New York Westney F (1973) Clicker N (1990). Hermes the Thief: The Evolution of a Myth, 2nd end. University of Wisconsin Press, Madison, WI Buckley P J, Casson M 1976 Rao W and Narayana J (1987). Technological Innovations and Multinational Corporations. Blackwell, London Rao A D (1988) Lall D F (1973). The Strategy and Structure of British Enterprises, Harvard University, Boston Barnet and Muller (1974) Gerrefi J (1983).The governance of Japanese and US manufacturing affiliates in the UK: Some country-speci®c differences. Eglin B (1974) (ed.) Country Competitiveness: Technology and the Organizing of Work. Oxford University Press, Oxford, UK Greif A (1989) Cowen G (1983). Learning by Doing in Markets, Firms, and Countries. University of Chicago Press, Chicago pp. 253±86 Donna (1990).The international operations of national ®rms: A study of direct investment Frank J (1972). A model for the decision making process affecting pattern and pace of the internationalization of the ®rm. In: Ghertman M, Leontiades J (eds.) European Root B (1994) Lall S (1983). The New Multinationals: The Spread of Third World Enterprise. Wiley, Chichester, UK Westney D E (1993) Harvard University Press, Cambridge, MA Wilkins M (1988). The free-standing company, 1870±1914: An important type of British foreign direct investment. Economic APPENDIX 1: DEFINITION OF VARIABLES

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