Top managers lose trust in the business environment

0
Top managers lose trust in the business environment

More than one quarter of respondents expressed their pessimism regarding expectations for the coming year. The grim perspective of CEOs worldwide forecasts a slow comeback from the crisis in the long-run.
 
CEOs expect a wide impact of the global banking crisis on the business environment, as nearly 70 percent of them indicated that their companies will be affected by the financial crisis. Of these, almost 80 percent said they are facing higher financing costs, and most are considering postponing investments.