Comparative Study on the Fortune Global 500—Basing on the 2005-2015 Ranking
Open Journal of Business and Management, 2016, 4, 763-777 http://www.scirp.org/journal/ojbm ISSN Online: 2329-3292 ISSN Print: 2329-3284 Comparative Study on the Fortune Global 500—Basing on the 2005-2015 Ranking Xiaojiao Long School of Business Administration, South China University of Technology, Guangzhou, China How to cite this paper: Long, X.J. (2016) Abstract Comparative Study on the Fortune Global 500—Basing on the 2005-2015 Ranking. Based on the analysis of the world’s top 500 companies list from 2005 to 2015, com- Open Journal of Business and Management, parative research was conducted between six countries including the United States, 4, 763-777. China, Japan, Britain, France and Germany, which were representative in both reve- http://dx.doi.org/10.4236/ojbm.2016.44074 nue and profit among the Fortune Global 500. This paper analyzed the quantity, Received: August 11, 2016 revenue, profit, margin profit and industrial distribution of these corporations from Accepted: September 30, 2016 above-mentioned countries. The existing problems of Chinese enterprises were iden- Published: October 28, 2016 tified, and corresponding suggestions were given. Copyright © 2016 by author and Scientific Research Publishing Inc. Keywords This work is licensed under the Creative Commons Attribution International Fortune Global 500, Chinese Enterprises, Comparative Research License (CC BY 4.0). http://creativecommons.org/licenses/by/4.0/ Open Access 1. Introduction Fortune magazine have published the list of the world’s largest 500 companies annually since 1954. Based on total revenues of an enterprise, this list, also called Fortune Global 500, not only reflects an enterprise’s development and business performance, but also is an important indicator to assess their business strength and international competitive- ness.
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