Veron, Nicolas. (2008) The Demographics of Global Corporate Champions. Bruegel Working Papers 2008/03, July 2008. [Working Paper]
Abstract
This Working Paper presents a novel dataset documenting the demographics of the world’s 500 largest companies by market capitalisation. The data illustrates a stark contrast between the main global economic regions. In Europe and Japan large companies tend to be fairly old. In the United States, older champions coexist with a significant number of new ones. In emerging economies, most champions were born in the second half of the 20th century and reflect a rapid catch-up growth process....In this working paper we consider the world’s largest companies, irrespective of their age or geographical origin. For each of them we identify a date and place of creation and correlate the birth date with corporate characteristics such as industry and location of headquarters. The dataset of 500 companies can be used as a way to compare structural features of different national and regional business environments.
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