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Analysing The Evolution Of The World?S Largest Corporations In The Period 2019-2021

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  • Sorin-George Toma

    (University of Bucharest)

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.

Suggested Citation

  • Sorin-George Toma, 2023. "Analysing The Evolution Of The World?S Largest Corporations In The Period 2019-2021," Management Strategies Journal, Constantin Brancoveanu University, vol. 60(2), pages 123-130.
  • Handle: RePEc:brc:journl:v:60:y:2023:i:2:p:123-130
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    References listed on IDEAS

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    1. Alviarez, Vanessa, 2019. "Multinational production and comparative advantage," Journal of International Economics, Elsevier, vol. 119(C), pages 1-54.
    2. Dragos TOHANEAN & Sorin-George TOMA & Ionel DUMITRU, 2018. "Organizational Performance and Digitalization in Industry 4.0," Journal of Emerging Trends in Marketing and Management, The Bucharest University of Economic Studies, vol. 1(1), pages 282-288, November.
    3. Sorin-George Toma & Stefan Catana, 2021. "Big Pharma, Big Business," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 677-683, August.
    4. Stefan Catana & Sorin-George Toma, 2021. "Marketing Mix And Corporate Social Responsability In Automotive Industry – Case Study: Mazda Motor Corporation," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 205-209, February.
    5. Sorin-George Toma & Paul Marinescu & Ionut Constantin, 2016. "How the Ten Largest Corporations of the World Evolved in the Period 2014-2015," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 61-66, February.
    6. Justine Kyove & Katerina Streltsova & Ufuoma Odibo & Giuseppe T. Cirella, 2021. "Globalization Impact on Multinational Enterprises," World, MDPI, vol. 2(2), pages 1-15, April.
    7. Cătălin Grădinaru & Sorin-George Toma & Loredana Nicoleta Zainea, 2020. "Japanese versus German Supremacy in the Global Automotive Sector," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 78-83, August.
    8. Cosmin-Ionu? Imbriscã & Sorin-George Toma, 2020. "Social Responsibility, a Key Dimension in Developing a Sustainable Higher Education Institution: The Case of Students’ Motivation," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 447-447, April.
    9. Sorin-George I. TOMA, 2019. "The Evolution Of The Ten Largest Corporations Of The World In The Period 2017-2018," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 21, pages 213-219, December.
    10. Sorin-George Toma & Shinji Naruo, 2009. "Quality Assurance in the Japanese Universities," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 574-584, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporation; multinational corporation; transnational corporation; revenue; profit;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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