After five years of economic crisis, have companies across the globe finally come to terms with a new unsettled economic landscape? Recent research from Hogan Lovells estimates that the top 500 global non-financial companies have roughly £2.5trn ($4trn) of cash sitting on their balance sheets. But in another survey by the firm – of 160 board level executives at global listed companies across UK, Europe, Asia and the US – almost nine in 10 companies identified economic uncertainty as a key barrier to investment.
November 29, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Uncertainty over economy remains, but corporates are hopeful for a global turnaround, says Andrew Skipper
After five years of economic crisis, have companies across the globe finally come to terms with a new unsettled economic landscape?
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