<abstract xmlns="http://www.w3.org/1999/xhtml"><p> 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.</p></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.

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

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

For better or for worse, the “corporations rule the world” assertion is nowadays more actual and accurate than ever before, as multinational companies...

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

Published Online: Oct 21, 2017

Page range: 136 - 154

DOI: https://doi.org/10.1515/sbe-2017-0027

Keywords
Fortune Global 500 companies, sectors’ contribution to FG 500, industry-based dynamics in FG 500

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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

Published Online: Oct 21, 2017

Page range: 136 - 154

DOI: https://doi.org/10.1515/sbe-2017-0027

KeywordsFortune Global 500 companies, sectors’ contribution to FG 500, industry-based dynamics in FG 500

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Fortune Global 500 companies, sectors’ contribution to FG 500, industry-based dynamics in FG 500