... looking the impact on the key stakeholders. Firstly why do multinational or any other businesses exist? Richard Pike (1999, 2) stated "Business exists to maximize shareholder value" this means that managers should create as much wealth as possible for the shareholders. There are others who say the primary objective of any business is to survive and the secondary objective to grow and make profit. So which ever approach we take businesses are there for there own good or to make profit. Secondly why do businesses cross borders and expand in to other countries? Obviously different companies have different reasons, nevertheless the most common reasons are cheaper sources of labour, raw materials, components, new market and have preferential government regulation; although it may present high levels of risk they also present the potential for higher level of profit. Who are the stakeholders? David Campbell (2001, 3) defined stakeholder as, "any person or ...

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