Parent or Home country refers to the country where a multinational corporation or organization is headquartered or originated. It is the central location from which the company's policies, strategies, and decisions are typically made.

Example
If a global tech company like XYZ Inc. is headquartered in the United States, the United States would be considered its parent or home country. In the context of human resources, this is significant because it often dictates the company's overall HR policies, employment standards, and organizational culture, which may then be adapted or localized to fit the specific requirements and regulations of subsidiary or branch offices in other countries.