ANALYSING THE EVOLUTION OF THE WORLD?S LARGEST CORPORATIONS IN THE PERIOD 2019-2021

Sorin-George Toma ()
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Sorin-George Toma: University of Bucharest

Management Strategies Journal, 2023, vol. 60, issue 2, 123-130

Abstract: Since the end of the Second World War, corporations, irrespective of their size and field of activity, have witnessed a period of extraordinary expansion all over the world. In this respect, multinational corporations and transnational corporations have increasingly become major players in the world economy. Also, they have been and are largely involved in the rapid spread of the globalization process during the last decades. The paper aims to briefly analyse the evolution of the world’s ten largest corporations by their total revenues and profits in the period 2019- 2021. A qualitative research method was used based on secondary data research in order to achieve the objective of the paper. The results of the paper show that these high-performance corporations are acting in key economic sectors and are mostly located in the United States of America and the People’s Republic of China.

Keywords: corporation; multinational corporation; transnational corporation; revenue; profit (search for similar items in EconPapers)
JEL-codes: F00 F23 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:60:y:2023:i:2:p:123-130

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