REGULATORY SHIFT IN THE INTERNATIONAL RELATIONS FRAMEWORK: GLOBALIZATION AND MNC LAW

Abstract

The international business landscape has changed as a result of global economic development. Transnational corporation law, which addresses a number of legal matters pertaining to international interactions, has grown in importance in this environment. The dynamics of regulation and current problems that multinational firms face in the age of globalization are described in this article. Navigating the various national legal systems in each country where they operate is one of the biggest problems faced by multinational firms. These disparate rules and guidelines may have an effect on company choices, corporate social responsibility, and legal requirements that businesses must meet. At the same time, concerns about international trade regulations, human rights, and the environment are becoming more significant in global company operations. It also delves into initiatives to solve the legal issues that multinational firms face, such as international cooperation frameworks and emerging legal rules for managing corporate activity. Dealing with rising legal challenges places an emphasis on sanctions, peace initiatives, and dispute resolution. The purpose of this study is to provide a better understanding of the intricacies of transnational company law in the period of globalization. Keywords: MNC, Globalization, International Issues, Regulatory, Dynamic