A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies
For better or for worse, the “corporations rule the world” assertion is nowadays more actual and accurate than ever before, as multinational companies represent the undisputable engine of the globalization process, and the latter continuously (re)creates the background against which global multinati...
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| Format: | Article |
| Language: | English |
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Sciendo
2017-08-01
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| Series: | Studies in Business and Economics |
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| Online Access: | https://doi.org/10.1515/sbe-2017-0027 |
| _version_ | 1818367544758632448 |
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| author | Ogrean Claudia |
| author_facet | Ogrean Claudia |
| author_sort | Ogrean Claudia |
| collection | DOAJ |
| description | For better or for worse, the “corporations rule the world” assertion is nowadays more actual and accurate than ever before, as multinational companies represent the undisputable engine of the globalization process, and the latter continuously (re)creates the background against which global multinationals are flourishing, while reinforcing their “domination”. Since 1995, the Fortune Global 500 ranking (FG 500) annually provides a comprehensive and eloquent image of the world of global multinationals; the merits of the FG 500 ranking go beyond the synchronic approach of the characteristics of global multinationals (in terms of revenues, profits, assets and employees - by sector, industry and country), as it also favors diachronic analysis and comparisons - which are essential for strategists in identifying evolving trends and substantiating corporate strategies able to lead to sustainable competitiveness. The paper aims to determine the contribution of sectors to FG 500 ranking in 2016, on one hand, and to emphasize on some industry-based dynamics in FG 500 - by comparatively analyzing the 2016 and 1996 rankings, on the other hand. |
| first_indexed | 2024-12-13T22:53:45Z |
| format | Article |
| id | doaj.art-d41ecbd6d1454533903b33cdf69ed6e5 |
| institution | Directory Open Access Journal |
| issn | 2344-5416 |
| language | English |
| last_indexed | 2024-12-13T22:53:45Z |
| publishDate | 2017-08-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studies in Business and Economics |
| spelling | doaj.art-d41ecbd6d1454533903b33cdf69ed6e52022-12-21T23:28:32ZengSciendoStudies in Business and Economics2344-54162017-08-0112213615410.1515/sbe-2017-0027sbe-2017-0027A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 CompaniesOgrean Claudia0Lucian Blaga University of Sibiu, Sibiu, RomaniaFor better or for worse, the “corporations rule the world” assertion is nowadays more actual and accurate than ever before, as multinational companies represent the undisputable engine of the globalization process, and the latter continuously (re)creates the background against which global multinationals are flourishing, while reinforcing their “domination”. Since 1995, the Fortune Global 500 ranking (FG 500) annually provides a comprehensive and eloquent image of the world of global multinationals; the merits of the FG 500 ranking go beyond the synchronic approach of the characteristics of global multinationals (in terms of revenues, profits, assets and employees - by sector, industry and country), as it also favors diachronic analysis and comparisons - which are essential for strategists in identifying evolving trends and substantiating corporate strategies able to lead to sustainable competitiveness. The paper aims to determine the contribution of sectors to FG 500 ranking in 2016, on one hand, and to emphasize on some industry-based dynamics in FG 500 - by comparatively analyzing the 2016 and 1996 rankings, on the other hand.https://doi.org/10.1515/sbe-2017-0027fortune global 500 companiessectors’ contribution to fg 500industry-based dynamics in fg 500 |
| spellingShingle | Ogrean Claudia A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies Studies in Business and Economics fortune global 500 companies sectors’ contribution to fg 500 industry-based dynamics in fg 500 |
| title | A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies |
| title_full | A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies |
| title_fullStr | A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies |
| title_full_unstemmed | A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies |
| title_short | A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies |
| title_sort | snapshot of the world of global multinationals an industry based analysis of fortune global 500 companies |
| topic | fortune global 500 companies sectors’ contribution to fg 500 industry-based dynamics in fg 500 |
| url | https://doi.org/10.1515/sbe-2017-0027 |
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