Participation of energy sector enterprises in creating the command and control function of cities in the world
DOI:
https://doi.org/10.24917/20801653.364.6Keywords:
cities, command and control function of cities, energy, energy sector, ForbesAbstract
The largest companies in the energy sector play a large role both in the global economy and in creating the command and control function of cities. The goal of our study is to determine the share of the largest companies in the energy sector in creating the command and control function of cities in 2006-2018 and its spatial differentiation in the world. In a detailed analysis, companies from the energy sector included in the Forbes Global 2000 list were taken into account, compared to companies from other sectors forming the controlling and management function of cities. The research results indicate that the fastest development of energy sector occurred in Chinese cities, however, the studied sector is not very important in most of the cities of the world in terms of the command and control function, which may be related to the faster development of other sectors. On the other hand, Energy sector is very important in smaller cities. Due to the decreasing importance of companies representing the traditional energy sector, forecasts of the sector’s position and its impact on the command and control function of cities should be prepared. A new research issue will also be the development of methods that would allow to determine the impact of future recessions on the financial condition and the command and control function of energy sector companies.
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