Recent Trends in the Spatial Concentration of Corporate Headquarters

Abstract

A few immense corporations such as General Motors, Standard Oil, BankAmerica, Sears-Roebuck, and A.T. and T. dominate American industry. In terms of the incredible size of their market area, the massive volume of their receipts and expenditures, and their effective power and prestige, they are forces with which to be reckoned. In fact, their economic might, political position, and social stature are matched only by a few major nations. Vast in size and wealth, diversified in their product and geographic orientation, reasonably secure in their preeminent place in the industrial hierarchy, and tightly interwoven with the banking and financial community, the big corporations have become a world unto themselves [1]. This trend toward increased size has