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A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies Cover

A Snapshot of the World of Global Multinationals – An Industry Based Analysis of Fortune Global 500 Companies

By: Claudia Ogrean  
Open Access
|Oct 2017

Abstract

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.

DOI: https://doi.org/10.1515/sbe-2017-0027 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 136 - 154
Published on: Oct 21, 2017
Published by: Lucian Blaga University of Sibiu
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2017 Claudia Ogrean, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.