HOW THE WORLD’S LARGEST FAMILY BUSINESSES EVOLVED IN THE PERIOD 2013-2017

Sorin-George I. Toma, Catalin V. Gradinaru and Stefan Catana
Additional contact information
Sorin-George I. Toma: Faculty of Business and Administration, University of Bucharest, Bucharest, Romania
Catalin V. Gradinaru: Faculty of Business and Administration, University of Bucharest, Bucharest, Romania
Stefan Catana: Faculty of Business and Administration, University of Bucharest, Bucharest, Romania

SEA - Practical Application of Science, 2020, issue 24, 263-269

Abstract: Family businesses are the cornerstone of the majority of the economies worldwide. They constitute one of the oldest historical forms of business organization and account for a significant percentage of all businesses around the world. The aim of the paper is to analyse the evolution of the world’s largest family businesses by their total revenues in the period 2013-2017. The research was based on a quantitative method. The paper demonstrates that the world’s largest family businesses obtained impressive revenues in the period 2013-2017. They represent huge multinational and transnational corporations with a global presence. Also, the paper illustrates the clear domination of the largest American and European family businesses at the global level.

Keywords: Family businesses; Revenues; Wal-Mart; United States of America; Europe (search for similar items in EconPapers)
JEL-codes: M00 M16 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/SPAS_24_1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2020:i:24:p:263-269

Access Statistics for this article

SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence

More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().