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Citizens can always speak out against these companies and their negative effect on the environment. Without customers, these companies have no power. They will have to become "greener," just like Nestle is attempting to do to appeal to environmentalists.
Four-Part Series Examines Influence of Largest U.S. Employer. In a four-part series for Morning Edition, NPR News explores the rise of Wal-Mart, examining the company's low-cost philosophy, its impact on more traditional mom-and-pop retailers and its growing pains as Wal-Mart fights lawsuits alleging it discriminates against women and resists paying overtime to its employees.
» Wal-Mart employs more than 1.2 million people worldwide.
» The company has more than 3,000 stores and offices across the United States and more than 1,000 stores internationally.
» Last year, Wal-Mart earned $244 billion in revenue -- more than any other U.S. company.
» In 1970, Wal-Mart offered 300,000 shares of common stock to the public at a price of $16.50 per share. Since that time, the company has had 11 two-for-one stock splits.
» In 1992, President George H.W. Bush presented Wal-Mart founder Sam Walton with the Medal of Freedom, the highest government award given to a civilian.
Source: Wal-Mart.com and NPR News reports
This paper from Newumann college describes the details of TNCs
The Unseen World of Transnational Corporations' Powers by Ira R. Hobson (2006)
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Transnational Corporations (TNCs) are business entities that have operations critical to their prosperity in two or more countries. The degree of power or influence these TNCs flaunt around the globe is unquestionable.
If Wal-Mart were a country, its revenues would make it on par with the GDP of the 25th largest economy in the world by, surpassing 157 smaller countries.
We've found 25 major American corporations whose 2010 revenues surpass the 2010 Gross Domestic Product of entire countries, often with a few billion to spare.
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