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The Demographics of Global Corporate Champions. Bruegel Working Papers 2008/03, July 2008

Veron, Nicolas. (2008) The Demographics of Global Corporate Champions. Bruegel Working Papers 2008/03, July 2008. [Working Paper]

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    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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    Item Type: Working Paper
    Uncontrolled Keywords: Corporations; global corporations; business environment.
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > economic and financial affairs > business/private economic activity
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    EU Series do not use: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Aug 2008
    Page Range: p. 25
    Last Modified: 08 Apr 2014 11:38
    URI: http://aei.pitt.edu/id/eprint/8719

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