Largest Corporations on the world.

“Of the 100 largest economies in the world, 51 are corporations; only 49 are countries (based on a comparison of corporate sales and country GDPs). To put this in perspective, General Motors is now bigger than Denmark; DaimlerChrysler is bigger than Poland; Royal Dutch/Shell is bigger than Venezuela; IBM is bigger than Singapore; and Sony is bigger than Pakistan.” (S. Anderson, 2000)

Now, more than ever before in this position of power, corporations not only have the opportunity but also the moral responsibilty to be socially and environmentally responsible to an end where we become sustainable.

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Posted in corporate sustainability
2 comments on “Largest Corporations on the world.
  1. davhorgan says:

    Also their work also demonstrates besides having substantial economic resources, corporations also extensive political resources. 82 of the top 200 corporations donated between them $33,045,832 towards the US Presidential election of 2000. It is blatantly clear that corporations hold the economic and political power in the world. So can the purpose of the purpose of the firm be solely profit maximizing.

  2. jeremy says:

    The multinational corporation has enjoyed considerable power for several decades now. The key question is whether their power can be harnessed for the greater good. I’d suggest that with the right incentives there is scope for change. They just need to appreciate that a corporate strategy predicated on the principles of sustainability makes good commercial sense.

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