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How The Most Profitable American Corporations Evolved In The Period 2019-2022

Author

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  • TOMA SORIN-GEORGE

    (FACULTY OF BUSINESS AND ADMINISTRATION, UNIVERSITY OF BUCHAREST, BUCHAREST, ROMANIA)

Abstract

The roots of the modern corporation are to be found in the Dutch Republic and British Empire. In the last decades, more and more countries of the world have organized their economies around corporations, either public or private, either multinationals or transnationals. The large business corporation has become not only the main organization of the market economy but also one of the most representative institutions of society. Today’s large American corporations dominate most of the markets in which they operate either internal or external. The paper aims to present and briefly analyse the ranking of the most profitable American corporations in the period 2019-2022. To reach this goal the author used a qualitative research method. The results of the study concluded that the hierarchy of the most profitable American corporations in the period 2019-2022 suffered small changes at its top. In 2019, Berkshire Hathaway, a conglomerate holding company, dominated the ranking whereas Apple, a colossus from the IT&C sector, obtained the highest profit the following three consecutive years. The paper provides a theoretical framework for a better understanding of the American corporations. Also, it presents and analyse the evolution of the ten most profitable American corporations in the period 2019-2022.

Suggested Citation

  • Toma Sorin-George, 2024. "How The Most Profitable American Corporations Evolved In The Period 2019-2022," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 266-272, October.
    • Handle: RePEc:cbu:jrnlec:y:2024:v:5:p:266-272
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    References listed on IDEAS

    as
    1. Sorin George Toma, 2005. "Fordism, Postfordism and Globalization," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 7(17), pages 135-138, April.
    2. Catalin Gradinaru & Sorin-George Toma, 2018. "The Largest Corporations In The World In The Period 2016-2017," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 68-73, December.
    3. 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.
    4. Ștefan CATANĂ & Cătălin V. GRĂDINARU & Sorin-George I. TOMA, 2020. "Sam Walton, A Visionary Entrepreneur," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 16, pages 113-117, December.
    5. Sorin-George Toma, 2012. "A Pilot Study on the Relationships Among Organizational Learning, Change, and Sustainability in a Responsible Romanian Higher Education Institution," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 420-435, June.
    6. Sorin-George Toma, 2023. "Corporate And Business Strategies In Global Retailing," Management Strategies Journal, Constantin Brancoveanu University, vol. 60(2), pages 131-138.
    7. Ştefan-Alexandru Catană & Sorin-George Toma & Andreea Barbu, 2021. "The Effects of the COVID-19 Pandemic on Teleworking and Education in a Romanian Higher Education Institution: An Internal Stakeholders Perspective," IJERPH, MDPI, vol. 18(15), pages 1-17, August.
    8. Sorin George Toma, 2006. "From quality to the corporate social responsibility," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 8(20), pages 145-149, June.
    9. 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.
    Full references (including those not matched with items on IDEAS)

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