HOW THE WORLD’S LARGEST CORPORATIONS EVOLVED IN THE PERIOD 2012-2013

The largest multinational and transnational corporations are key actors in the world economy. Their number has significantly increased in the last decades both in the developed and the developing countries. Consequently, they are more dispersed globally than in the past. As the world’s largest corporations have become more powerful over time, they represent not only an economic force, but also a political and cultural force in today’s highly globalized world. They have a huge impact on the lives of billions of people every day. The aim of our paper is to analyse the evolution of the first ten world’s largest corporations by their revenues and profits in the period 2012-2013. The research type is literature review.