v3 Chapter 1097： "Economic Global Rich List" (1/2)

What Xia Yu was reading was the ”Economic Weekly” magazine under the Jiuding News Group, and it was still an unpublished incomplete edition.

This is Yan Wenhan's urgent air shipment from Xiangjiang. The main purpose is to let him review the two lists.

Two lists, ”Economic Global Rich List” and ”Top 500 Companies in the World”!

Relying on the powerful global editorial network of Jiuding News Agency, these two lists are truly global lists, not the pseudo-global lists of Forbes and Fortune magazines.

Yan Wenhan once reported the situation to Xia Yu. In the ”Rich List”, their ”Economic Weekly” opened the first, and then after a year, ”Forbes” began to follow up and launched the US Rich List. Only expanded to North America.

The ”Top 500 Companies” list was not the first of the ”Business Weekly”. The American ”Fortune” magazine created it in 1955, but only American companies were on the list.

It was not until 1976 that ”Fortune” magazine launched the first international 500 list, but it also excluded the United States, that is, only included companies outside the United States.

So nowadays, there is no real ”Top 500 Companies in the World” rankings.

Unless Fortune magazine perfectly integrates their domestic and international lists, this is the fastest way!

But no integration means no integration!

Therefore, there is no real global rich list and corporate ranking in the world.

This means that once the ”Economic Weekly” publishes the two lists, there will be a great possibility of attracting worldwide acclaim.

Of course, under the enthusiasm, there will also be endless doubts, which is inevitable.

Therefore, Yan Wenhan sent this unlived magazine to Xia Yu for two purposes.

The first purpose is to hope that Xia Yu can review it, especially with regard to Xia Yu's own ranking on the list, and the ranking of Jiuding companies, whether to adjust it.

The second purpose is the most important, that is, I hope that Xia Yu can authorize him so that he can mobilize the resources of the Jiuding Consortium to promote it globally, and make ”Economic Weekly” a hit!

No way, the strength of Jiuding Newspaper Group is mainly concentrated in Asia and North America. In recent years, Yan Wenhan has also acquired some newspapers in South America and Oceania, so the coverage is also good.

All the paper media companies of the Jiuding Consortium in the United States are directly controlled by the American branch of the Jiuding Newspaper Group, but CNN is under the Polaris Capital Corporation. CNN and Jiuding Newspaper Group are only a cooperative relationship and do not have cross-shareholding.

In Europe, the strength of Jiuding Newspaper Group is even weaker.

Except for the Times Newspaper Holdings Limited in the UK, there are not many newspapers in other European countries.

The most important media forces of the Jiuding Consortium in Europe are in companies such as the Mirror Group and the Financial Times Group under the Bright Fund.

Although Yan Wenhan knew George Berkeley, he couldn’t get George Berkeley to assist him. After all, although both of them were under Xia Yu’s direct management, the Bright Fund was independent of Europe, George Berkeley’s freedom and rights, and The resources under his control are above him.

Therefore, the best way is for chairman Xia Yu to come forward and dispatch.

...

”Fortune” the world's top 500 companies are just conventions and colloquial terms, the normative term is ”the world's largest 500 companies”, focusing on ”big”.

The reason is that ”Fortune” magazine generally selects the operating income of companies in each fiscal year as the ranking basis, and the scale is the most important. Therefore, the ”Fortune” Global 500 actually refers to the 500 largest companies in the world.

And now Xia Yu's ”Economic Weekly” of the world's top 500 companies are consistent with the selection criteria of the later ”Forbes”, the selection is no longer one-sided limited to large turnover.

It is the world’s largest and most powerful listed company based on the four major indicators of revenue, profit, assets and market value. The list uses a comprehensive score.

In future generations, Fortune, Forbes, Financial Times, and Business Week are all working on the global corporate rankings. The selection criteria of the four companies are different, and the latter two focus on market value.

However, Xia Yu still recognizes Forbes the most. This is determined by his current perspective. If a company wants to be a century-old store, it really needs to be strong in all aspects, not just the momentary market value and the strong turnover and no.

It is most unreliable if it is ranked purely by market value, because market value changes in real time, and limitations determine that it is difficult to truly reflect the situation of global companies, and financial institutions themselves can watch the stock market in real time...