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What’s Forbes 500?

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Forbes 500 was an annual list of the 500 leading public corporations in the US, replaced by Forbes Global 2000 in 2004. Forbes magazine is known for its “calificaciones bulletins” that classify corporations and people. The Forbes 500 had five sublists, but the Super 500 represented the top 500 corporations from all categories. The transition to Forbes Global 2000 has faced challenges due to inconsistent results when applying criteria to international corporations.

The Forbes 500 is a comparative evaluation of the 500 leading public corporations in the United States, produced by Forbes magazine. It was published annually since 1948 until 2003. Forbes replaced the Forbes 500 with the Forbes Global 2000 in 2004.

Forbes is the oldest business magazine in EE. UU. Part of its editorial legacy is the development of a series of «calificaciones bulletins», lists that classify the corporations and the people according to certain criteria, such as the gang and the market value of the corporations or the popularity and influence of individuals . The Forbes 500 was the first of these informers from the commercial industry that published the magazine.

This list consists of five sublists that classify the 500 main state-owned corporations in the categories of sales, payouts, assets, market value and number of employees, and a compiled list called Super 500 that represents the 500 most powerful corporations in all of them categories. . Without embargo, the use of the number 500 was algo engañoso. There may be more than 500 corporations represented in the five sublists. In 2003, for example, in the last year that the Forbes 500 was published, there were 824 corporations on the sublists, while the Super 500 represented the synthesis of the magazine’s information to determine the 500 leading corporations from all categories.

The criterion that Forbes used to determine the Super 500 distinguished the Forbes 500 from comparable lists published by other commercial magazines, which only used market figures or market values ​​to compile these lists. Fortune 500 de la magazine Fortune, for example, classifies corporations solely according to the inputs. The Forbes 500, comparatively, had an element of subjectivity that looked positive or negative, depending on the context. Due to this subjetividad, or in some other way for it, the inclusion in the Forbes 500 annual was converted into an important insignia of prestige for state-owned corporations.

In 2003, Forbes highlighted the transition from an industry analysis that included only individual corporate bodies to a global perspective that evaluated corporate bodies from all over the world. That year marked the last publication of Forbes 500 and the first publication of Forbes Global 2000, which ranked among the 2000 leading public corporations in the world using essentially the same criteria as its predecessors. Even if your competitors have a public list in the United States, Forbes used Forbes Global 2000 to track your international publications and adopt a wider context.

The transition from Forbes 500 to Forbes Global 2000 has not been without problems. The application of the various criteria to international corporations that may have different fiscal years, accounting practices or other country-specific problems may produce inconsistent results. If corporations are well established in the classifications, they are not as easy as before to determine the reliability of the analysis compuesto of the magazine.

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