The Largest Companies in European Union and Turkey of General Concentration Levels and Performance lndicators

Abstract

As a result ol industrializarion, output composition has changed and large scale units of production have appeared. In industrial sector output have began to be collected under the few number of large-scale and strong corporations. With the influence of the globalization national corporations have opened to the foreign market. They came across especially with the largest corporations in the European Union. Freedom in the trade increases the foreign competition and decreases the profitability. Decreasing in profitability increase the concentration in the market by making some of the corporations resigned fi\'om the market. High level of concentration influences the performance indicators such as value added, profitability, productivity, and employment of the corporations. The purpose of this study is to compare the general concentration levels, value added and performance indicators ol the largest 500 industrial corporations in the European Union and Turkey, during the Customs Union process between Turkey and European Union started in 1996 In this respect, first of all, market structure and performance indicators have been defined, then the largest companies in European Union and Turkey of general, sectoral and company scales concentration levels and performance indicators have been compared each other.