Transaction Advisory Services - Ernst & Young - China

For the past three years, leading corporates focused on reducing financial risk, improving operational fitness and learning to live with volatility. As a result, our fifth Capital Confidence Barometer (pdf 573kb) reveals a new paradigm: M&A activity and extreme market volatility are now co-existing. There is a surprising appetite for deals, as top global corporates remain resilient to market turbulence.

A new quarterly magazine that explores timely topics to help businesses raise, invest, preserve and optimize capital.

The global competitive landscape has shifted and a dynamic group of leading companies are now dominant in rapid-growth markets. Our analysis found that whatever short-term volatility may be ahead for businesses across the world, the longer-range trend is toward a broader geographical distribution of market leading enterprises.

While there is evidence of progress in some areas of working capital, we see significant opportunity for improvement across the entire working capital value chain for the automotive industry. Learn how the industry is overcoming challenges such as intense competition, volatile raw material prices and globalization.

Foreign direct investment (FDI) into China remained strong in Q1. Learn about best practices against bribery risks and China’s new initiatives which will impact FDI.

Significant changes face the consumer products industry. Increased competition and consolidation in retail and volatile commodity prices have forced the industry to intensify its focus on cash, cost efficiency and working capital. As these changes sweep the industry, is consumer products prepared to reduce their need for working capital even further?

The US technology industry has experienced rapid evolution in recent years and technology organizations are now more global, portfolio offerings have expanded and operating models are more efficient. Discover how a renewed focus on working capital has been critical to this transformation and how increasingly complex supply chains leave room for further improvement.

Our latest report indicates that while companies in the US and Europe have managed to improve working capital performance, the level of improvement remains marginal. Learn why companies still have over US$1.1 trillion in cash unnecessarily tied up in working capital.