Did the 2008 global economic crisis affect large firms in Europe?

Piotr Raźniak · Anna Winiarczyk-Raźniak

39 citations0/0 files storedActa geographica Slovenica

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Global Urban Networks and Dynamics Regional Economics and Spatial Analysis Globalization, Economics, and Policies

Abstract

The paper analyses the spatial distribution of the largest global corporations found on the Forbes Global 2000 list and with headquarters in Europe. The analysis includes the effects of the 2008 global financial crisis on changes in corporate financial performance. Research has shown that London has the largest economic potential in Europe, while companies in Central and Eastern European cities exhibit high rates of growth. The crisis triggered a decentralisation of corporate headquarters’ location resulting in more cities with corporate headquarters.

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References

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2017Permanence of economic potential of cities based on sector development 2017Eastern European cities as command and control centres in a time of economic crisis 2019Changes in the command and control potential of European cities in 2006-2016 2021Exploring the Shifting Geographical Pattern of the Global Command-and-Control Function of Cities 2015Central and Eastern European cities in globalized world

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