THE EVOLUTION OF THE TEN LARGEST CORPORATIONS OF THE WORLD IN THE PERIOD 2017-2018
Sorin-George I. Toma
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Sorin-George I. Toma: Faculty of Business and Administration, University of Bucharest, Bucharest, Romania
SEA - Practical Application of Science, 2019, issue 21, 213-219
Abstract:
Multinational and transnational corporations represent key actors in the globalization process and highly influence the way the world economy evolves. The aim of the paper is to briefly analyse the evolution of the world’s ten largest corporations by their total revenues, profits and number of employees in the period 2017-2018. The research is based on a quantitative method. The paper shows that these corporations have become huge business organizations and achieved impressive performances. Also, it reveals that the world’s largest corporations belong to several important domains, such as the petroleum refining industry or the banking and financial sector, and most of them are American and Chinese corporations.
Keywords: Multinational corporation; Transnational corporation; Wal-Mart; United States of America; People’s Republic of China (search for similar items in EconPapers)
JEL-codes: F00 F23 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2019:i:21:p:213-219
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