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Purpose

– The purpose of this paper is to reflect on the author's research and teaching on transnational corporations and global capitalism over the last 40 years.

Design/methodology/approach

– A chronological account of the changing nature of TNCs and their impacts, and the evolution of critical studies within the field.

Findings

– Within the literature on TNCs, critical scholarship has played an important role in developing alternative perspectives.

Research limitations/implications

– The paper reports the author's personal reflections on his field of study, which are intentionally subjective.

Practical implications

– Appreciation of the scope and effectiveness of critical scholarship in international business.

Originality/value

– The paper's value lies in offering a broad-brush picture of the evolution of TNCs and their critical study over four decades.

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