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Chapter One of Impact of the Multinational Corporations on the Economy of Democratic Republic of Congo.
Abstract of Impact of the Multinational Corporations on the Economy of Democratic Republic of Congo.
The study examines the impact of the multinational corporations on the economy of Democratic Republic of Congo.
The secondary data was used to reflect the purpose of the study, content analysis was used to elicit data from texts, journals, magazines, past project relating to this study, archives, publications of research work and internets.
The study revealed that: activities of multinational corporations in Democratic Republic of Congo includes economic transformation, employment creation and technology transfer; multinational corporations also supported violence and crisis in DRC.
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The study concluded that impact of the multinational corporations has positive impact on the economy of Democratic Republic of Congo. The study further recommended that; Representative of all stakeholders-employees, customers, society, government should be appointed as members of the Board of Directors of various corporations, for direct representation and participation in the decision- making process; The polycentric model of staff selection should be imposed by government on these corporations which will be enshrined under her terms of agreement with the multinational corporations operating in DRC; There should be interactive sessions on regular basis between the Multinational corporations and leaders of DRC to proliferate understanding and enhance harmonious business relationship especially on moral and Ethical ground; Discrimination in employment policies and salaries of workers should be ruled out and adoption of polycentric and geocentric approach to staff selection should be encouraged to benefit our citizenry; A technology policy transfer should be formulated which will be binding on any company wishing to do business in DRC.
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