;#Faculty News;# | Bloomberg | 11 Sep 2012
Top 1,000 Companies Wield Power Reserved for Nations
by Robert Eccles & Georgios Serafeim
Globalization has concentrated economic power within a group of large companies who are now able to change the world at a scale historically reserved for nations. Just 1,000 businesses are responsible for half of the total market value of the world's more than 60,000 publicly traded companies. They virtually control the global economy.

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