The Impact of Global Digital Trade Governance on Multinational Corporations

Abstract

With the strengthening of global digital trend, digital trade has become a crucial part of international business. By integrating the theoretical framework of global digital trade governance with the practical operations of multinational corporations, we can more accurately grasp the actual effects of digital trade governance and how these effects specifically act on the business strategies, market layout, and operating models of multinational corporations. This paper delves into the compliance challenges, business opportunities, and innovation drivers faced by multinational corporations in the context of digital trade governance, and analyzes core issues such as network security and corporate social responsibility in detail. The research results show that digital trade governance has multi-dimensional impacts on multinational corporations. To cope with these impacts, multinational corporations need to build a comprehensive compliance system to address the diversity of regulations and inconsistent standards while seizing the business opportunities brought about by digital trade governance to promote globalization and technological innovation. However, this also brings new challenges such as network security risks and uncertainties in trade policy, requiring companies to strengthen network security protection and closely monitor changes in trade policies. This paper reveals the impact of digital trade governance on multinational corporations, providing strategies and suggestions for enterprises to ensure they maintain a leading position in global digital trade.