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122-623: Kimberly-Clark Corporation is an American multinational consumer goods and personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle , Scott and Andrex toilet paper , Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes . Founded in Neenah, Wisconsin , in 1872 and based in

244-479: A Northwest Passage . Though this expedition was unsuccessful, it established the name " New France " for northeastern North America. After a few expeditions, France mostly abandoned North America for 50 years because of its financial crisis; France was involved in the Italian Wars and there were religious wars between Protestants and Catholics . Around 1580 however, the rise of the fur trade (particularly

366-521: A cotton substitute used by the U.S. Army as surgical cotton during World War I . Army nurses used cellu-cotton pads as disposable sanitary napkins , and six years later the company introduced Kotex , the first disposable feminine hygiene product . Kleenex , a disposable handkerchief , followed in 1924. Kimberly & Clark joined with The New York Times Company in 1926 to build a newsprint mill in Kapuskasing , Ontario, Canada. Two years later,

488-766: A basis in a national ethos , being ultimate without a specific nationhood, and that this lack of an ethos appears in their ways of operating as they enter into contracts with countries that have low human rights or environmental standards . In the world economy facilitated by multinational corporations, capital will increasingly be able to play workers, communities, and nations off against one another as they demand tax, regulation and wage concessions while threatening to move. In other words, increased mobility of multinational corporations benefits capital while workers and communities lose. Some negative outcomes generated by multinational corporations include increased inequality , unemployment , and wage stagnation . Raymond Vernon presents

610-508: A corporation invests in a country in which it is not domiciled, it is called foreign direct investment (FDI). Countries may place restrictions on direct investment; for example, China has historically required partnerships with local firms or special approval for certain types of investments by foreigners, although some of these restrictions were eased in 2019. Similarly, the United States Committee on Foreign Investment in

732-429: A free market system where there is little government interference. As a result, international wealth is maximized with free exchange of goods and services. To many economic liberals, multinational corporations are the vanguard of the liberal order. They are the embodiment par excellence of the liberal ideal of an interdependent world economy. They have taken the integration of national economies beyond trade and money to

854-489: A global business plan that the company has detailed in July 2003. The firm combined its North American and European groups for personal care and consumer tissue under North Atlantic groups. In 2019, CEO Thomas Falk resigned his position but continued on as the company's chairman of the board . COO Michael D. Hsu became CEO following Falk's retirement. As of March 2020, the company had approximately 40,000 employees. In April 2020,

976-725: A hotbed for the illegal smuggling of liquor and the biggest supplier into the United States, which was under complete prohibition . Prohibition in Ontario came to an end in 1927 with the establishment of the Liquor Control Board of Ontario under the government of Howard Ferguson . The sale and consumption of liquor, wine, and beer are still controlled by some of the most extreme laws in North America to ensure strict community standards and revenue generation from

1098-447: A land area of 892,411.76 km (344,562.11 sq mi), it had a population density of 15.9/km (41.3/sq mi) in 2021. The largest population centres in Ontario are Toronto , Ottawa , Hamilton , Kitchener , London and Oshawa , which all have more than 300,000 inhabitants. The percentages given below add to more than 100 per cent because of dual responses (e.g., "French and Canadian" response generates an entry both in

1220-490: A million troops to help, and by February 1991, Iraqi forces were expelled from Kuwait. Due to the oil boycott from Kuwait and Iran, oil prices rose and quickly recovered. Saudi Arabia once again led OPEC, and thanks to assistance in defending Kuwait, new relations emerged between the USA and OPEC. Operation "Desert Storm" brought mutual dependence among the main oil producers. OPEC continued to influence global oil prices but recognized

1342-429: A period underwear brand. Kimberly-Clark shares are mainly held by institutional investors ( The Vanguard Group , BlackRock , State Street Corporation , and others). Its subsidiaries include Kimberly-Clark Professional. The origin of Midwest Airlines can be traced back to 1948, when Kimberly-Clark opened its corporate flight department and began providing air transportation for company executives and engineers between

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1464-917: A regularly scheduled passenger airline, Midwest Express Airlines , which was started on June 11, 1984. The name of the airline was shortened to Midwest Airlines in 2003. K-C Aviation divested itself from the airline in 1996. Two years later, Gulfstream Aerospace purchased K-C Aviation from Kimberly-Clark for $ 250 million, which included its operations at airports in Dallas, Appleton, and Westfield, Massachusetts . Kimberly-Clark produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments . Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle , Scott and Andrex toilet paper , Wypall utility wipes , KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes . Kotex

1586-626: A result, for the first time, the English-speaking population of Canada West surpassed the French-speaking population of Canada East , tilting the representative balance of power. In 1849, the districts of southern Ontario were abolished by the Province of Canada , and county governments took over certain municipal responsibilities. The Province of Canada also began creating districts in sparsely populated Northern Ontario with

1708-517: A town then known as The Cedars for a new groundwood pulp plant designed by prominent paper mill architects D. H. & A. B. Tower . In 1889, the town was renamed Kimberly after John A. Kimberly. The company would also contract the firm to expand its vast sulphite pulp complex in Appleton, Wisconsin , which allowed it to become the first firm west of Pennsylvania to adopt this improved manufacturing process. The company developed cellu-cotton in 1914,

1830-642: Is Niagara Falls , part of the Niagara Escarpment . The Saint Lawrence Seaway allows navigation to and from the Atlantic Ocean as far inland as Thunder Bay in Northwestern Ontario. Northern Ontario covers approximately 87% of the province's surface area; conversely, Southern Ontario contains 94% of the population. Point Pelee is a peninsula of Lake Erie in southwestern Ontario (near Windsor and Detroit, Michigan ) that

1952-462: Is Canada's fourth-largest jurisdiction in total area of all the Canadian provinces and territories. It is home to the nation's capital, Ottawa , and its most populous city, Toronto , which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast. To the south, it is bordered by

2074-538: Is English, although there exists a number of French-speaking communities across Ontario . French-language services are made available for communities with a sizeable French-speaking population; a service that is ensured under the French Language Services Act of 1989. In the 2021 census , Ontario had a population of 14,223,942 living in 5,491,201 of its 5,929,250 total dwellings, a 5.8 percent change from its 2016 population of 13,448,494. With

2196-420: Is a brand name of facial tissue paper. Many versions have been made, including "with lotion, our softest ever!" and "regular". In the 1970s, color psychologist Dr. Cody Sweet represented newly styled Kleenex boxes as a national media spokesperson. Scott is a brand name of paper napkins , paper towels and bath tissue/ wipes . Viva is a brand name of heavy-duty paper towels. The Mexican market has most of

2318-531: Is a feminine hygiene product line that includes pantiliners , pads and tampons . Cottonelle is a brand name for bath products. Product forms include premium bath tissue and flushable moist wipe products. On October 13, 2020, the Cottonelle brand flushable wipes issued a recall because the products manufactured between February through September may contain Pluralibacter gergovaie . Kleenex

2440-459: Is a term thought to be derived from Indigenous origins, either Ontarí:io , a Huron ( Wyandot ) word meaning "great lake", or possibly skanadario , which means "beautiful water" or "sparkling water" in the Iroquoian languages . Ontario has about 250,000 freshwater lakes. The first mention of the name Ontario was in 1641, when "Ontario" was used to describe the land on the north shore of

2562-429: Is classified as humid continental. Ontario has three main climatic regions: In the northeastern parts of Ontario, extending south as far as Kirkland Lake , the cold waters of Hudson Bay depress summer temperatures, making it cooler than other locations at similar latitudes. The same is true on the northern shore of Lake Superior , which cools hot, humid air from the south, leading to cooler summer temperatures. Along

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2684-410: Is often handled through international arbitration . The actions of multinational corporations are strongly supported by economic liberalism and free market system in a globalized international society. According to the economic realist view, individuals act in rational ways to maximize their self-interest and therefore, when individuals act rationally, markets are created and they function best in

2806-500: Is subdivided into two sub-regions: Northwestern Ontario and Northeastern Ontario . The virtually unpopulated Hudson Bay Lowlands in the extreme north and northeast are mainly swampy and sparsely forested. Southern Ontario , which is further sub-divided into four sub-regions: Central Ontario (although not actually the province's geographic centre), Eastern Ontario , Golden Horseshoe and Southwestern Ontario (parts of which were formerly referred to as Western Ontario). Despite

2928-460: Is the southernmost extent of Canada's mainland. Pelee Island and Middle Island in Lake Erie extend slightly farther. All are south of 42°N  – slightly farther south than the northern border of California . Ontario's climate varies by season and location. Three air sources affect it: cold, dry, arctic air from the north (dominant factor during the winter months, and for a longer part of

3050-865: Is usually a large corporation incorporated in one country that produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and centrally controlled worldwide activities. MNCs may gain from their global presence in a variety of ways. First of all, MNCs can benefit from the economy of scale by spreading R&D expenditures and advertising costs over their global sales, pooling global purchasing power over suppliers, and utilizing their technological and managerial experience globally with minimal additional costs. Furthermore, MNCs can use their global presence to take advantage of underpriced labor services available in certain developing countries and gain access to special R&D capabilities residing in advanced foreign countries. The problem of moral and legal constraints upon

3172-691: The Financial Times reported that panic-buying during the COVID-19 pandemic led to a 13 percent increase in sales of Kimberley-Clark's consumer tissues in the first quarter of 2020 compared with the previous year. In April 2020, Kimberly Clark reported an eight percent decline in organic sales, its worst sales performance in at least a decade, according to the Wall Street Journal. In 2022, Kimberly Clark acquired majority stake in Thinx ,

3294-808: The American Revolution . The Kingdom of Great Britain granted them 200 acres (81 ha) land and other items with which to rebuild their lives. The British also set up reserves in Ontario for the Mohawks who had fought for the British and had lost their land in New York state. Other Iroquois, also displaced from New York were resettled in 1784 at the Six Nations reserve at the west end of Lake Ontario. The Mississaugas, displaced by European settlements, would later move to Six Nations also. After

3416-811: The Canadian Pacific Railway (1875–1885) through Northern Ontario and the Canadian Prairies to British Columbia , Ontario manufacturing and industry flourished. However, population increases slowed after a large recession hit the province in 1893, thus slowing growth drastically but for only a few years. Many newly arrived immigrants and others moved west along the railway to the Prairie Provinces and British Columbia, sparsely settling Northern Ontario. The northern and western boundaries of Ontario were in dispute after Canadian Confederation . Ontario's right to Northwestern Ontario

3538-848: The Dutch East India Company (VOC) founded in 1602. In addition to carrying on trade between Great Britain and its colonies, the British East India Company became a quasi-government in its own right, with local government officials and its own army in India. Other examples include the Swedish Africa Company founded in 1649 and the Hudson's Bay Company founded in 1670. These early corporations engaged in international trade and exploration and set up trading posts. The Dutch government took over

3660-571: The French Canadians . Accordingly, the two colonies were merged into the Province of Canada by the Act of Union 1840 , with the capital initially at Kingston , and Upper Canada becoming known as Canada West . Responsible government was achieved in 1848. There were heavy waves of immigration in the 1840s, and the population of Canada West more than doubled by 1851 over the previous decade. As

3782-501: The Great Lakes . Hunting and gathering remained predominant throughout the early Woodland period , and social structures and trade continued to develop. Around 500 AD , corn cultivation began, later expanding to include beans and squash around 1100 AD. Increased agriculture enabled more permanent, fortified, and significantly larger settlements. In southern Ontario during the 1400s, the population of some villages numbered in

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3904-667: The Jésuites and Supliciens , began to establish posts along the Great Lakes. The French allied with most Indigenous groups of Ontario, all for the fur trade and for defence against Iroquois attacks (which would later be called the Iroquois Wars ). The French would declare their Indigenous allies to be subjects of the King of France and would often act as mediators between different groups. The Iroquois later allied themselves with

4026-765: The Las Colinas section of Irving, Texas , since 1985, the company operated its own paper mills around the world for decades, but closed the last of those in 2012. With recent annual revenues topping $ 18 billion per year, Kimberly-Clark is regularly listed among the Fortune 500 . As of March 2020, the company had approximately 40,000 employees. Kimberly, Clark and Co. was founded in 1872 by John A. Kimberly , Havilah Babcock , Charles B. Clark and Franklyn C. Shattuck in Neenah, Wisconsin, with $ 42,000 (equivalent to US$ 1,068,200 in 2023) of capital. The group's first business

4148-546: The U.S. states of (from west to east) Minnesota , Michigan , Ohio , Pennsylvania , and New York . Almost all of Ontario's 2,700 km (1,700 mi) border with the United States follows rivers and lakes: from the westerly Lake of the Woods , eastward along the major rivers and lakes of the Great Lakes / Saint Lawrence River drainage system. There is only about 1 km ( 5 ⁄ 8  mi) of actual land border, made up of portages including Height of Land Portage on

4270-701: The War of 1812 invaded Upper Canada across the Niagara River and the Detroit River , but were defeated and pushed back by the British, Canadian fencibles and militias, and First Nations warriors. However, the Americans eventually gained control of Lake Erie and Lake Ontario. The 1813 Battle of York saw American troops defeat the garrison at the Upper Canada capital of York . The Americans looted

4392-551: The "Prussians of Ontario". The regulation was eventually repealed in 1927. Influenced by events in the United States, the government of William Hearst introduced prohibition of alcoholic drinks in 1916 with the passing of the Ontario Temperance Act . However, residents could distil and retain their own personal supply, and liquor producers could continue distillation and export for sale, allowing this already sizeable industry to strengthen further. Ontario became

4514-711: The 1795 Jay Treaty . In 1788, while part of the province of Quebec, southern Ontario was divided into four districts : Hesse , Lunenburg , Mecklenburg , and Nassau . In 1792, the four districts were renamed: Hesse became the Western District, Lunenburg became the Eastern District, Mecklenburg became the Midland District, and Nassau became the Home District. Counties were created within the districts. The population of Canada west of

4636-469: The 1850s, between finely balanced political groups: conservative and reform groups from Canada West and Canada East aligned against reform and liberal groups from Canada East each group having some support from French-Canadian and English-Canadian legislators. There was also a fear of aggression from the United States during and immediately after the American Civil War . These factors led to

4758-670: The 19th century, such as the Rio Tinto company founded in 1873, which started with the purchase of sulfur and copper mines from the Spanish government. Rio Tinto, now based in London and Melbourne , Australia, has made many acquisitions and expanded globally to mine aluminum , iron ore , copper , uranium , and diamonds . European mines in South Africa began opening in the late 19th century, producing gold and other minerals for

4880-497: The American War of Independence, the first reserves for First Nations were established. These are situated at Six Nations (1784), Tyendinaga (1793) and Akwesasne (1795). Six Nations and Tyendinaga were established by the British for those Indigenous groups who had fought on the side of the British, and were expelled from the new United States. Akwesasne was a pre-existing Mohawk community and its borders were formalized under

5002-466: The American products, as well as these products: KimWipes are a type of cleaning tissue commonly used in laboratories . They are intended for applications in which leaving lint or fibers on a surface would be undesirable, such as on slides and pipettes . They are sometimes used to clean lenses , but use on optical lenses with special water- and solvent-based coatings may cause light blemishes, and

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5124-790: The Blue Mountains in the Dundalk Highlands and in hilltops near the Madawaska River in Renfrew County . The Carolinian forest zone covers most of the southwestern region of the province. The temperate and fertile Great Lakes-Saint Lawrence Valley in the south is part of the Eastern Great Lakes lowland forests ecoregion where the forest has now been largely replaced by agriculture, industrial and urban development. A well-known geographic feature

5246-681: The British. From 1634 to 1640, the Huron were devastated by European infectious diseases, such as measles and smallpox , to which they had no immunity. By 1700, the Iroquois had been driven out or left the area that would become Ontario and the Mississaugas of the Ojibwa had settled the north shore of Lake Ontario. The remaining Huron settled north of Quebec. During the French and Indian War ,

5368-551: The English language. Senior officials, although mostly still Swedish, all learned English and all major internal documents were in English, the lingua franca of multinational corporations. After the war, the number of businesses having at least one foreign country operation rose drastically from a few thousand to 78,411 in 2007. Meanwhile, 74% of parent companies are located in economically advanced countries. Developing and former communist countries such as China, India, and Brazil are

5490-575: The International Energy Agency (IEA), enabling states to coordinate policy, gather data, and monitor global oil reserves. In the 1970s, OPEC gradually nationalized the Seven Sisters. The Kingdom of Saudi Arabia, as the only largest world oil producer, could leverage this. However, Saudi Arabia opted for the correct approach and maintained consistent oil prices throughout the 1970s. In 1979, the "second oil shock" came from

5612-589: The Lake Superior-Hudson Bay watershed, known as the District of Keewatin ) would become part of Ontario, a victory embodied in the Canada (Ontario Boundary) Act, 1889 . He also presided over the emergence of the province into the economic powerhouse of Canada. Mowat was the creator of what is often called Empire Ontario . Beginning with Macdonald's National Policy (1879) and the construction of

5734-522: The Minnesota border. The great majority of Ontario's population and arable land is in Southern Ontario , and while agriculture remains a significant industry, the region's economy depends highly on manufacturing . In contrast, Northern Ontario is sparsely populated with cold winters and heavy forestation, with mining and forestry making up the region's major industries. Ontario

5856-511: The Netherlands has become a popular choice, as its company laws have fewer requirements for meetings, compensation, and audit committees, and Great Britain had advantages due to laws on withholding dividends and a double-taxation treaty with the United States. Corporations can legally engage in tax avoidance through their choice of jurisdiction but must be careful to avoid illegal tax evasion . Corporations that are broadly active across

5978-648: The North American theatre of the Seven Years' War of 1754 to 1763, the British defeated the armies of New France and its Indigenous allies. In the Treaty of Paris 1763 France ceded most of its possessions in North America to Britain. Using the Quebec Act , Britain re-organised the territory into the Province of Quebec . In 1782–1784, 5,000 United Empire Loyalists entered what is now Ontario following

6100-558: The OLI framework. The other theoretical dimension of the role of multinational corporations concerns the relationship between the globalization of economic engagement and the culture of national and local responses. This has a history of self-conscious cultural management going back at least to the 60s. For example: Ernest Dichter, architect, of Exxon's international campaign, writing in the Harvard Business Review in 1963,

6222-677: The Pays-d'en-Haut was quite large and would today include the province of Ontario, as well as, in whole or in part, the American states of Minnesota, Wisconsin, Illinois, Indiana, Michigan, Ohio, Pennsylvania and New York. Indigenous peoples were the vast majority of the Pays d'en Haut population. As for Northern Ontario, the English explorer Henry Hudson sailed into Hudson Bay in 1611 and claimed its drainage basin for England. The area would become known as Rupert's Land . Samuel de Champlain reached Lake Huron in 1615, and French missionaries, such as

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6344-646: The St. Lawrence-Ottawa River confluence substantially increased during this period, a fact recognized by the Constitutional Act of 1791 , which split Quebec into the Canadas : Upper Canada southwest of the St. Lawrence-Ottawa River confluence, and Lower Canada east of it. John Graves Simcoe was appointed Upper Canada's first Lieutenant governor in 1793. A second wave of Americans, not all of them necessarily loyalists moved to Upper Canada after 1790 until

6466-404: The Third World colonies. That changed dramatically after 1945 as investors turned to industrialized countries and invested in manufacturing (especially high-tech electronics, chemicals, drugs, and vehicles) as well as trade. Sweden's leading manufacturing concern was SKF , a leading maker of bearings for machinery. In order to expand its international business, it decided in 1966 it needed to use

6588-636: The U.S. applies its corporate taxation "extraterritorially", which has motivated tax inversions to change the home state. By 2019, most OECD nations, with the notable exception of the U.S., had moved to territorial tax in which only revenue inside the border was taxed; however, these nations typically scrutinize foreign income with controlled foreign corporation (CFC) rules to avoid base erosion and profit shifting . In practice, even under an extraterritorial system, taxes may be deferred until remittance, with possible repatriation tax holidays , and subject to foreign tax credits . Countries generally cannot tax

6710-450: The United States sanctions against Iran ; European companies faced with the possibility of losing access to the U.S. market by trading with Iran. International investment agreements also facilitate direct investment between two countries, such as the North American Free Trade Agreement and most favored nation status. Raymond Vernon reported in 1977 that of the largest multinationals focused on manufacturing, 250 were headquartered in

6832-506: The United States scrutinizes foreign investments. In addition, corporations may be prohibited from various business transactions by international sanctions or domestic laws. For example, Chinese domestic corporations or citizens have limitations on their ability to make foreign investments outside China, in part to reduce capital outflow . Countries can impose extraterritorial sanctions on foreign corporations even for doing business with other foreign corporations, which occurred in 2019 with

6954-558: The United States as the largest consumer and guarantor of the existing oil security order. Since the Iraq War, OPEC has had only a minor influence on oil prices, but it has expanded to 11 members, accounting for about 40 percent of total global oil production, although this is a decline from nearly 50 percent in 1974. Oil has practically become a common commodity, leading to much more volatile prices. Most OPEC members are wealthy, and most remain dependent on oil revenues, which has serious consequences, such as when OPEC members were pressured by

7076-461: The United States from 2010. The USA became the leading oil producer, creating tension with OPEC. In 2014, Saudi Arabia increased production to push new American producers out of the market, leading to lower prices. OPEC then reduced production in 2016 to raise prices, further worsening relations with the United States. By 2012, only 7% of the world's known oil reserves were in countries that allowed private international companies free rein; 65% were in

7198-407: The United States, 115 in Western Europe, 70 in Japan, and 20 in the rest of the world. The multinationals in banking numbered 20 headquartered in the United States, 13 in Europe, nine in Japan and three in Canada. Today multinationals can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile ; The Economist suggests that

7320-475: The VOC in 1799, and during the 19th century, other governments increasingly took over private companies, most notably in British India. During the process of decolonization , the European colonial charter companies were disbanded, with the final colonial corporation, the Mozambique Company , dissolving in 1972. Mining of gold, silver, copper, and oil was a major activity early on and remains so today. International mining companies became prominent in Britain in

7442-401: The West to the post-colonial South and invest either in foreign expenditures or ostentatious economic development projects. After 1974, most of the money from OPEC members ceased as payments for goods and services or investments in Western industry. In February 1974, the first Washington Energy Conference was convened. The most significant contribution of this conference was the establishment of

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7564-502: The alcohol retail monopoly are upheld. The post- World War II period was one of exceptional prosperity and growth. Ontario has been the recipients of most immigration to Canada, largely immigrants from war-torn Europe in the 1950s and 1960s and following changes in federal immigration law , a massive influx of non-Europeans since the 1970s. From a largely ethnically British province, Ontario has rapidly become culturally very diverse. The nationalist movement in Quebec, particularly after

7686-408: The behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that has emerged during the late twentieth century. Potentially, the best concept for analyzing society's governance limitations over modern corporations is the concept of "stateless corporations". Coined at least as early as 1991 in Business Week ,

7808-474: The category " French Canadian " and in the category "Canadian"). The majority of Ontarians are of English or other European descent including large Scottish, Irish and Italian communities. Slightly less than 5 per cent of the population of Ontario is Franco-Ontarian , that is those whose native tongue is French, although those with French ancestry account for 11 per cent of the population. Compared to natural increase or interprovincial migration , immigration

7930-579: The collapse of the Shah's regime in Iran. Iran became a regional power due to oil money and American weapons. The Shah eventually abdicated and fled the country. This prompted a strike by thousands of Iranian oil workers, significantly reducing oil production in Iran. Saudi Arabia tried to cope with the crisis by increasing production, but oil prices still soared, leading to the "second oil shock." Saudi Arabia significantly reduced oil production, losing most of its revenues. In 1986, Riyadh changed course, and oil production in Saudi Arabia sharply increased, flooding

8052-604: The companies. This occurred in 1960. Prior to the 1973 oil crisis , the Seven Sisters controlled around 85 percent of the world's petroleum reserves . In the 1970s, most countries with large reserves nationalized their reserves that had been owned by major oil companies. Since then, industry dominance has shifted to the OPEC cartel and state-owned oil and gas companies, such as Saudi Aramco , Gazprom (Russia), China National Petroleum Corporation , National Iranian Oil Company , PDVSA (Venezuela), Petrobras (Brazil), and Petronas (Malaysia). A unilateral increase in oil prices

8174-533: The company paid $ 365 million for the tissue business of Swiss-based Attisholz Holding. Expanding its offerings of medical products, the company bought Ballard Medical Products in 1999 for $ 774 million and examination-glove maker Safeskin in 2000 for about $ 800 million. Also in 2000, the company bought virtually all of Taiwan 's S-K Corporation; the move made Kimberly-Clark one of the largest manufacturers of packaged goods in Taiwan. The company later purchased Taiwan Scott Paper Corporation for about $ 40 million and merged

8296-652: The company went public as Kimberly-Clark. The firm expanded internationally during the 1950s, opening plants in Mexico, West Germany and the United Kingdom. It began operations in 17 more foreign locations in the 1960s. The company formed Midwest Express Airlines from its corporate flight department in 1984. Kimberly-Clark's headquarters moved from Neenah, Wisconsin to Irving, Texas the following year, although its products are still produced in Neenah. Alongside Cadbury , Kimberly-Clark withdrew advertising support for Lou Grant in 1982, due to pressure from various conservative caucuses campaigning against star Ed Asner . Under

8418-419: The company's headquarters in Neenah and its paper mills. In 1969, K-C Aviation was born from the company's air operations, and was dedicated to the maintenance of corporate aircraft. In 1982, K-C Aviation initiated shuttle flights for Kimberly-Clark employees between Appleton, Memphis, and Atlanta. With this experience, and considering the Airline Deregulation Act of 1978, Kimberly-Clark and K-C Aviation formed

8540-510: The conception was theoretically clarified in 1993: that an empirical strategy for defining a stateless corporation is with analytical tools at the intersection between demographic analysis and transportation research. This intersection is known as logistics management , and it describes the importance of rapidly increasing global mobility of resources. In a long history of analysis of multinational corporations, we are some quarter-century into an era of stateless corporations—corporations that meet

8662-643: The creation of a "world customer". The idea of a global corporate village entailed the management and reconstitution of parochial attachments to one's nation. It involved not a denial of the naturalness of national attachments, but an internationalization of the way a nation defines itself. "Multinational enterprise" (MNE) is the term used by international economist and similarly defined with the multinational corporation (MNC) as an enterprise that controls and manages production establishments, known as plants located in at least two countries. The multinational enterprise (MNE) will engage in foreign direct investment (FDI) as

8784-487: The current largest and most influential companies are publicly traded multinational corporations, including Forbes Global 2000 companies. The history of multinational corporations began with the history of colonialism . The first multi-national corporations were founded to set up colonial "factories" or port cities. The two main examples were the British East India Company founded in 1600 and

8906-594: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Ontario Ontario is the southernmost province of Canada . Located in Central Canada , Ontario is the country's most populous province . As of the 2021 Canadian census , it is home to 38.5 per cent of the country's population, and is the second-largest province by total area (after Quebec ). Ontario

9028-605: The demand for beaver pelts), reignited French interest. In 1608, Samuel de Champlain established France's first colonial settlement in New France, the Habitation de Québec (now Quebec City ), in the colony of Canada (now southern Quebec). Afterwards, French explorers continued to travel west, establishing new villages along the coasts of the Saint Lawrence River. French explorers, the first of which

9150-485: The eastern shores of Lake Superior and Lake Huron winter temperatures are slightly moderated but come with frequent heavy lake-effect snow squalls that increase seasonal snowfall totals to upwards of 3 m (10 ft) in some places. These regions have higher annual precipitation, in some places over 100 cm (39 in). Severe thunderstorms peak in summer. Windsor , in Southern (Southwestern) Ontario, has

9272-548: The easternmost part of the Great Lakes. It was adopted as the official name of the new province at Confederation in 1867. The thinly populated Canadian Shield , which dominates the northwestern and central portions of the province, comprises over half the land area of Ontario. Although this area mostly does not support agriculture, it is rich in minerals , partly covered by the Central and Midwestern Canadian Shield forests , and studded with lakes and rivers. Northern Ontario

9394-571: The election of the Parti Québécois in 1976, contributed to driving many businesses and English-speaking people out of Quebec to Ontario, and as a result, Toronto surpassed Montreal as the largest city and economic centre of Canada. Depressed economic conditions in the Maritime Provinces have also resulted in de-population of those provinces in the 20th century, with heavy migration into Ontario. Ontario's official language

9516-505: The establishment of Algoma District and Nipissing District in 1858. An economic boom in the 1850s coincided with railway expansion across the province, further increasing the economic strength of Central Canada. With the repeal of the Corn Laws and a reciprocity agreement in place with the United States, various industries such as timber, mining, farming and alcohol distilling benefited tremendously. A political stalemate developed in

9638-714: The feminine hygiene unit of VP-Schickedanz (Germany) for $ 123 million and a 90% stake in Handan Comfort and Beauty Group (China). Kimberly-Clark merged with Scott Paper in 1995 for $ 9.4 billion. In 1997, Kimberly-Clark sold its 50% stake in Canada's Scott Paper to forest products company Kruger Inc. and bought diaper operations in Spain and Portugal and disposable surgical masks maker Tecnol Medical Products. Augmenting its presence in Germany, Switzerland and Austria, in 1999

9760-481: The firm makes direct investments in host country plants for equity ownership and managerial control to avoid some transaction costs . Sanjaya Lall in 1974 proposed a spectrum of scholarly analysis of multinational corporations, from the political right to the left. He put the business school how-to-do-it writers at the extreme right, followed by the liberal laissez-faire economists, and the neoliberals (they remain right of center but do allow for occasional mistakes of

9882-585: The first people to settle on the lands of Ontario, about 11,000 years ago, after crossing the Bering land bridge from Asia to North America between 25,000 to 50,000 years ago. During the Archaic period , which lasted from 8000-1000 BC , the population slowly increased, with a generally egalitarian hunter-gatherer society and a warmer climate. Trading routes also began emerging along the St. Lawrence River and around

10004-533: The formation of the Great Coalition in the elected Legislative Assembly, which initiated a series of conferences in the 1860s to effect a broader federal union of all British North American colonies. The British North America Act took effect on July 1, 1867, establishing the Dominion of Canada, initially with the four provinces of Nova Scotia, New Brunswick, Quebec, and Ontario. The Province of Canada

10126-416: The hands of state-owned companies that operated in one country and sold oil to multinationals such as BP, Shell, ExxonMobil and Chevron. Down through the 1930s, about 80% of the international investments by multinational corporations were concentrated in the primary sector, especially mining (especially oil) and agriculture (rubber, tobacco, sugar, palm oil , coffee, cocoa, and tropical fruits). Most went to

10248-475: The harsh climate difficult, and some of those with the means eventually returned home or went south. However, population growth far exceeded emigration in the following decades. It was a mostly agrarian-based society, but canal projects and a new network of plank roads spurred greater trade within the colony and with the United States, thereby improving previously damaged relations over time. Meanwhile, Ontario's numerous waterways aided travel and transportation into

10370-451: The interior and supplied water power for development. As the population increased, so did the industries and transportation networks, which in turn led to further development. By the end of the century, Ontario vied with Quebec as the nation's leader in terms of growth in population, industry, arts and communications. Unrest in the colony began to chafe against the aristocratic Family Compact who governed while benefiting economically from

10492-627: The international oil market. Iran was unable to sell any of its oil. In August 1953, the then-prime minister was overthrown by a pro-American dictatorship led by the Shah, and in October 1954, the Iranian industry was denationalized. Worldwide oil consumption increased rapidly between 1949 and 1970, a period known as the 'golden age of oil'. This increase in consumption was caused not only by the growth of production by multinational oil companies but also by

10614-415: The internationalization of production. For the first time in history, production, marketing, and investment are being organized on a global scale rather than in terms of isolated national economies. International business is also a specialist field of academic research. Economic theories of the multinational corporation include internalization theory and the eclectic paradigm . The latter is also known as

10736-580: The lands of Ontario: the Algonquins , Mississaugas , Ojibway , Cree , Odawa , Pottowatomi , and Iroquois . In the 15th century, the Byzantine Empire fell , prompting Western Europeans to search for new sea routes to the Far East . Around 1522–1523, Giovanni da Verrazzano persuaded King Francis I of France to commission an expedition to find a western route to Cathay (China) via

10858-460: The largest recipients. However, 70% of foreign direct investment went into developed countries in the form of stocks and cash flows. The rise in the number of multinational companies could be due to a stable political environment that encourages cooperation, advances in technology that enable management of faraway regions, and favorable organizational development that encourages business expansion into other countries. A multinational corporation (MNC)

10980-427: The late 19th century, leading to the rise of important mining centres in the northeast, such as Sudbury , Cobalt and Timmins . The province harnessed its water power to generate hydro-electric power and created the state-controlled Hydro-Electric Power Commission of Ontario, later Ontario Hydro . The availability of cheap electric power further facilitated the development of industry. The Ford Motor Company of Canada

11102-474: The laws and regulations of both their domicile and the additional jurisdictions where they are engaged in business. In some cases, the jurisdiction can help to avoid burdensome laws, but regulatory statutes often target the "enterprise" with statutory language around "control". As of 1992 , the United States and most OECD countries have the donot legal authority to tax a domiciled parent corporation on its worldwide revenue, including subsidiaries. As of 2019 ,

11224-554: The leadership of Darwin Smith as CEO from 1971 to 1991, the company was transformed from a business paper company to a consumer paper products company. In 1991, Kimberly-Clark and The New York Times Company sold their jointly owned paper mill in Kapuskasing , Ontario . Kimberly-Clark entered a joint venture with Buenos Aires -based Descartables Argentinos S.A. to produce personal care products in Argentina in 1994 and also bought

11346-474: The manufacturer recommends using a wipe specifically designed for use with coated lenses. KimWipes are composed of virgin wood pulp from certified forests, with few chemical additives. WypAll is a brand name for cleaning towels, wipes, and cloths. They are used in industrial settings and laboratories. DryNites are a version of GoodNites sold in Europe and Australasia. Multinational corporation Most of

11468-494: The market with cheap oil. This caused a worldwide drop in oil prices, hence the "third oil shock" or "counter-shock." However, this shock represented something much bigger—the end of OPEC's dominance and its control over oil prices. Iraqi President Saddam Hussein decided to attack Kuwait. The invasion sparked a crisis in the Middle East, prompting Saudi Arabia to request assistance from the United States. The United States sent

11590-543: The marketplace such as externalities). Moving to the left side of the line are nationalists, who prioritize national interests over corporate profits, then the "dependencia" school in Latin America that focuses on the evils of imperialism, and on the far left the Marxists. The range is so broad that scholarly consensus is hard to discern. Anti-corporate advocates criticize multinational corporations for being without

11712-470: The most lightning strikes per year in Canada, averaging 33 days of thunderstorm activity per year. In a typical year, Ontario averages 11 confirmed tornado touchdowns. Ontario had a record 29 tornadoes in both 2006 and 2009. Tropical depression remnants occasionally bring heavy rains and winds in the south, but are rarely deadly. A notable exception was Hurricane Hazel which struck Southern Ontario centred on Toronto, in October 1954. Paleo-Indians were

11834-512: The new areas in which it was interested were rapidly growing. After the federal government asked Ontario to pay for construction in the new disputed area, the province asked for an elaboration on its limits, and its boundary was moved north to the 51st parallel north . Once constituted as a province, Ontario proceeded to assert its economic and legislative power. In 1872, the lawyer Oliver Mowat became Premier of Ontario and remained as premier until 1896. He fought for provincial rights, weakening

11956-743: The power of the federal government in provincial matters, usually through well-argued appeals to the Judicial Committee of the Privy Council. His battles with the federal government greatly decentralized Canada, giving the provinces far more power than John A. Macdonald had intended. He consolidated and expanded Ontario's educational and provincial institutions, created districts in Northern Ontario, and fought to ensure that those parts of Northwestern Ontario not historically part of Upper Canada (the vast areas north and west of

12078-609: The pre-war of 1812, many seeking available cheap land, and at the time, lower taxation. By 1798, there were eight districts: Eastern, Home, Johnstown , London , Midland, Newcastle , Niagara , and Western. By 1826, there were eleven districts: Bathurst , Eastern, Gore , Home, Johnstown, London, Midland, Newcastle, Niagara, Ottawa , and Western. By 1838, there were twenty districts: Bathurst, Brock, Colbourne, Dalhousie , Eastern, Gore, Home, Huron, Johnstown, London, Midland, Newcastle, Niagara, Ottawa, Prince Edward, Simcoe , Talbot, Victoria, Wellington , and Western. American troops in

12200-560: The price collapse in 1998–1999. The United States still maintains close relations with Saudi Arabia. In 2003, U.S. forces invaded Iraq with the aim of removing the dictatorship and gaining access to Iraqi oil reserves, giving the United States greater strategic importance from 2000 to 2008. During this period, there was a constant shortage of oil, but its consumption continued to rise, maintaining high prices and leading to concerns about "peak oil". From 2005 to 2012, there were advances in oil and gas extraction, leading to increased production in

12322-588: The rarity of mountainous terrain in the province, there are large areas of uplands, particularly within the Canadian Shield which traverses the province from northwest to southeast and also above the Niagara Escarpment which crosses the south. The highest point is Ishpatina Ridge at 693 metres (2,274 ft) above sea level in Temagami , Northeastern Ontario. In the south, elevations of over 500 m (1,640 ft) are surpassed near Collingwood, above

12444-611: The realities of the needs of source materials on a worldwide basis and to produce and customize products for individual countries. One of the first multinational business organizations, the East India Company , was established in 1601. After the East India Company came the Dutch East India Company , founded on March 20, 1603, which would become the largest company in the world for nearly 200 years. The main characteristics of multinational companies are: When

12566-541: The rebellion was quickly a failure. William Lyon Mackenzie escaped to the United States , where he declared the Republic of Canada on Navy Island on the Niagara River . Although both rebellions were put down in short order, the British government sent Lord Durham to investigate the causes. He recommended responsible government be granted, and Lower and Upper Canada be re-joined in an attempt to assimilate

12688-560: The region's resources, and who did not allow elected bodies power. This resentment spurred republican ideals and sowed the seeds for early Canadian nationalism . Accordingly, rebellion in favour of responsible government rose in both regions; Louis-Joseph Papineau led the Lower Canada Rebellion and William Lyon Mackenzie , first Toronto mayor , led the Upper Canada Rebellion . In Upper Canada ,

12810-501: The strong influence of the United States on the global oil market. In 1959, companies lowered the price of oil due to a surplus in the market. This reduction dealt a significant blow to the finances of producers. Saudi oil minister Abdullah Tariki and Venezuela’s Juan Perez Alfonso entered into a secret agreement (the Mahdi Pact), promising that if the price of oil was lowered a second time, they would take collective action against

12932-546: The thousands, with longhouses that could house over a hundred people. Around this time, large-scale warfare began in southern Ontario, leading to the emergence of Iroquoian groups, including the Neutral Confederacy , Erie and Wendat (Huron). Groups in northern Ontario were primarily Algonquian and included the Ojibwe , who traded with the Iroquois. Many ethnocultural groups emerged and came to exist on

13054-675: The town and burned the Upper Canada Parliament Buildings during their brief occupation. The British would burn the American capital of Washington, D.C. in 1814. After the War of 1812, relative stability allowed for increasing numbers of immigrants to arrive from Europe rather than from the United States. As was the case in the previous decades, this immigration shift was encouraged by the colonial leaders. Despite affordable and often free land, many arriving newcomers, mostly from Britain and Ireland, found frontier life with

13176-546: The two companies, forming Kimberly-Clark Taiwan. In 2001, Kimberly-Clark bought Italian diaper maker Linostar and announced it was closing four Latin American manufacturing plants. In 2002, Kimberly-Clark purchased paper-packaging rival Amcor 's stake in an Australian joint venture. In 2003, Kimberly-Clark added to its global consumer tissue business by acquiring the Polish tissue maker Klucze. In early 2004, chairman and chief executive officer Thomas Falk began implementation of

13298-496: The world market, jobs for locals, and business and profits for companies. Cecil Rhodes (1853–1902) was one of the few businessmen in the era who became Prime Minister (of South Africa 1890–1896). His mining enterprises included the British South Africa Company and De Beers . The latter company practically controlled the global diamond market from its base in southern Africa. In 1945, the United States

13420-573: The world without a concentration in one area have been called stateless or "transnational" (although "transnational corporation" is also used synonymously with "multinational corporation" ), but as of 1992, a corporation must be legally domiciled in a particular country and engage in other countries through foreign direct investment and the creation of foreign subsidiaries. Geographic diversification can be measured across various domains, including ownership and control, workforce, sales, and regulation and taxation. Multinational corporations may be subject to

13542-503: The worldwide revenue of a foreign subsidiary, and taxation is complicated by transfer pricing arrangements with parent corporations. For small corporations, registering a foreign subsidiary can be expensive and complex, involving fees, signatures, and forms; a professional employer organization (PEO) is sometimes advertised as a cheaper and simpler alternative, but not all jurisdictions have laws accepting these types of arrangements. Disputes between corporations in different nations

13664-516: The year in far northern Ontario); Pacific polar air crossing in from the western Canadian Prairies/US Northern Plains ; and warm, moist air from the Gulf of Mexico and the Atlantic Ocean. The effects of these major air masses on temperature and precipitation depend mainly on latitude, proximity to major bodies of water and to a small extent, terrain relief. In general, most of Ontario's climate

13786-531: Was Étienne Brûlé who explored the Georgian Bay area in 1610–1612, mapped Southern Ontario and called the region the Pays d'en Haut ("Upper Country"), in reference to the region being upstream of the Saint Lawrence River. The colony of the Pays d'en Haut was formally established in 1610 as an administrative dependency of Canada, and was for defence and business rather than a settlement colony. The territory of

13908-641: Was determined by the Judicial Committee of the Privy Council in 1884 and confirmed by the Canada (Ontario Boundary) Act, 1889 of the Parliament of the United Kingdom . By 1899, there were seven northern districts: Algoma, Manitoulin, Muskoka, Nipissing, Parry Sound, Rainy River, and Thunder Bay. Four more northern districts were created between 1907 and 1912: Cochrane, Kenora, Sudbury and Timiskaming. Mineral exploitation accelerated in

14030-616: Was divided into Ontario and Quebec so that each linguistic group would have its own province. Both Quebec and Ontario were required by section 93 of the British North America Act to safeguard existing educational rights and privileges of the Protestant and Catholic minorities. Thus, separate Catholic schools and school boards were permitted in Ontario. However, neither province had a constitutional requirement to protect its French- or English-speaking minority. Toronto

14152-438: Was enabled by multinational corporations known as the 'Seven Sisters'. The "Seven Sisters" was a common term for the seven multinational companies that dominated the global petroleum industry from the mid-1940s to the mid-1970s. The nationalization of the Iranian oil industry in 1951 by Iranian Prime Minister Mohammad Mosaddegh and the subsequent boycott of Iranian oil by all companies had dramatic consequences for Iran and

14274-647: Was established in 1904 and the McLaughlin Motor Car Company (later General Motors Canada ) was founded in 1907. The motor vehicle industry became the most lucrative industry for the Ontario economy during the 20th century. In July 1912, the Conservative government of James Whitney issued Regulation 17 which severely limited the availability of French-language schooling to the province's French-speaking minority. French Canadians reacted with outrage, journalist Henri Bourassa denouncing

14396-512: Was formally established as Ontario's provincial capital. The borders of Ontario, its new name in 1867, were provisionally expanded north and west. When the Province of Canada was formed, its borders were not entirely clear, and Ontario claimed eventually to reach all the way to the Rocky Mountains and Arctic Ocean . With Canada's acquisition of Rupert's Land, Ontario was interested in clearly defining its borders, especially since some of

14518-448: Was fully aware that the means to overcoming cultural resistance depended on an "understanding" of the countries in which a corporation operated. He observed that companies with "foresight to capitalize on international opportunities" must recognize that " cultural anthropology will be an important tool for competitive marketing". However, the projected outcome of this was not the assimilation of international firms into national cultures, but

14640-546: Was labeled as "the largest nonviolent transfer of wealth in human history." The OPEC sought immediate discussions regarding participation in national oil industries. Companies were not inclined to object as the price hike benefited both them and OPEC members. In 1980, the Seven Sisters were entirely displaced and replaced by national oil companies (NOCs). The rise in oil prices burdened developing countries with balance of payments deficits, leading to an energy crisis. OPEC members had to abandon their plan of redistributing wealth from

14762-406: Was operating paper mills , which the collective expanded throughout the following decades. In 1888, the fledgling company faced a significant setback when its groundwood "Atlas" paper mill burned. Through an extensive effort by labor and management, within five months the mill was rebuilt and in production at a greater capacity. In that same year the company began rapid expansion, purchasing land in

14884-564: Was the world's largest oil producer. However, their reserves were declining due to high demand. Therefore, the United States turned to foreign oil sources, which had a significant impact on the recovery of the West after World War II. Most of the world's oil was found in Latin America and the Middle East, particularly in the Arab states of the Persian Gulf. This increase in non-American production

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