| With the advancement of technology and the development of economic, economic globalization will be the tendency of the national economic. Furthermore, national economic strength and competitiveness of enterprises is an integral whole. And multinational company is the most important carrier and impetus for the national competitiveness. The Fortune 500 which to some extent determines the national economic development tendency is the stellar representative of multinational corporations and the mainstay of the economic as well as the concentrated expression of the comprehensive national strength and international competitive capacity. The Fortune 500's development and change has played an important role of their affiliated countries.This paper elaborated the origin, selection and the development situation of the Fortune 500 systematically. Based on the collection and analysis of the fundamental data of the Fortune 500 from 1995 to 2007 and on the main economic indices of the countries the Fortune 500 affiliated countries, the author studied the correlation of the Fortune 500's main indices which include operating receipt, profit, asset, shareholders'equity and number of employees, and the relationship between the Fortune 500 and their affiliated countries by means of statistics and econometrics.First, the author introduced the whole situation of the Fortune 500 from 1995 to 2007. Through analyzing the nationality feature distribution about the Fortune 500, he found that the developed countries which have strong economic power have an edge over others into the Fortune 500, while the number of enterprises which comes from developing country is in an uptrend with an accelerated speed. Then, he assorted the Fortune 500 by industry and found that traditional industries lose their dominate positions while new industries take the lead. Furthermore, he analyzed the China situation of the investment from the Fortune 500 and the development tendency of the Fortune 500.Secondly, by Pearson,Spearman,Kendall, the author studies the correlations of the Fortune 500's total indices as well as of main indices from 1995 to 2007 and find that the correlations between main indices increase with time but smaller than the correlations of total indices. The test of significance shows that the correlations of the main indices are different especially between the total and individual correlations among 13 years. Based on the Correlation Analysis, he established some multivariate regression models and analyzed the relationship and difference between 6 main countries'main indices.Finally, by introducing Panel data model, he exploratory established the entity fixed effects regression model to analyze how can one country's GDP, per-capita GDP and the total volume of imports and exports affect the number of being selected into the Fortune 500. At the same time, he also established the fixed effects regression model about the effect of the number of the Fortune 500 and the operating income to one country's GDP, so we can find the relationship between the Fortune 500 and their affiliated countries. On the one hand, it shows that one country's economic affect their being selected into the Fortune 500 differently, it also means that the difference of entity fixed effects between developed and developing counties. On the other hand, it shows that the Fortune 500 has stimulation effects to their affiliated countries'economic growth, but differ in amount. |
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