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Inside The World – Class Multinationals: A Sectoral Frame

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  • KICSI ROZALIA

    ("Stefan cel Mare" University of Suceava, Romania)

  • BURCIU AUREL

    ("Stefan cel Mare" University of Suceava, Romania)

Abstract

Background. A firm, as it develops, tends to overcome local, regional, and national business environment boundaries by expanding into global economic space. The intense dynamics of internationalization, the expansion of multinational companies from emerging economies, the presence of multinational companies owned by the state are just a few of the specificities that shape the global business environment today. In the literature, these trends have become challenging topics, both open to criticism and appreciation. Aims and approach. In this study we aim to map the expansion of business in the international environment from a sectoral perspective. In this respect, using the data synthesized by UNCTAD in the World's Top 100 non-financial MNEs and Top 100 non-financial MNEs from developing and transition economies, we aggregated, for each sector, the main performance indicators (assets, sales and employment) which reflects the magnitude of the expansion of the activity of the companies included in these ranks outside the economic area of origin. Also, based on the algorithm for calculating the Transnationality Index, we have calculated an aggregate Sectoral Transnationality Index for each of the two tops. Conclusions. The analysis carried out leads to a series of conclusions regarding the dynamics and configuration of the universe of the world's most prominent multinational companies. Although this is mainly an exploratory research, we appreciate that this sectoral approach leads to a deeper level of analysis, expanding the area of knowledge in the field and, at the same time, creating a framework for new investigative perspectives.

Suggested Citation

  • Kicsi Rozalia & Burciu Aurel, 2019. "Inside The World – Class Multinationals: A Sectoral Frame," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(2), pages 73-87, August.
    • Handle: RePEc:blg:journl:v:14:y:2019:i:2:p:73-87
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/14206kicsi.pdf
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    References listed on IDEAS

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    6. OGREAN Claudia & HERCIU Mihaela, 2016. "Some Insights On The Changing Architecture Of The World’S Top 100 Multinationals," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(3), pages 90-106, December.
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    Cited by:

    1. SAVA Ana-Simina, 2020. "The Competitive Advantage Of Multinationals Operating In Emerging Markets Outside Their Economic Area Of Origin," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(4), pages 82-100, December.
    2. Irina G. Vladimirova & Natalia Yu. Konina & Viktor S. Efremov, 2020. "Transnationalization of multinational corporations: Peculiarities and trends," Upravlenets, Ural State University of Economics, vol. 11(4), pages 70-81, September.

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