Impact of the economic crisis on Ukrainian companies Ernst & Young’s fourth survey Impact of the economic crisis on Ukrainian companies shows that companies continue to respond to the economic downturn through cost reduction efforts as their forecast of profits in 2009 becomes less optimistic. Press release
Ernst & Young’s annual European Attractiveness Survey Inward investment into Europe was flat in 2008, according to Ernst & Young’s annual European Attractiveness Survey, demonstrating the global recession’s toll on investment projects into the region. Press release
Opportunities in adversity At Ernst & Young, we are interested in understanding how companies are reacting to the current crisis and learning from their experience and best practice. Uncertainty cannot be allowed to become inaction, performance is relative, a risk is an opportunity that has not yet been exploited. Whatever a company's position in the current economic climate - from cash-rich to deeply distressed - there is now a great need for decisive management action. There is opportunity in the adversity of the worst of markets. Find that opportunity right now.
Global megatrends 2009 The world is changing more rapidly than ever. Globalization continues its march. The financial landscape is in turmoil, driving increased regulation. "Global megatrends 2009” presents an Ernst & Young perspective on the most important themes that are likely to play out in the near future, and what we need to think about to prepare ourselves for it. | | Worldwide fiscal stimulus — tax policy plays a major role Governments around the world are fighting the first global recession we've experienced since World War II, and tax measures are playing a major part - 56%, according to recent OECD figures - in the range of stimulus packages being rolled out globally. Tax policy has gone global in a major way, and in this study from Ernst & Young, tax measures in 24 major jurisdictions are analysed, and a key set of common themes are apparent, resulting in both challenges and opportunities for the tax function. Read more in Worldwide fiscal stimulus - tax policy plays a major role. Press release
The 2009 Ernst & Young business risk report The top 10 risks for global business Ernst & Young continues to be heavily engaged around the world in seeking to identify leading practices in the area of risk management. By aggregating the findings of our research in 11 sectors, we have produced a list of the 10 most important business risks across the sectors – concerns that will be common to the leading firms in many industries. Press release
Opportunities in adversity – accelerating the change A study of executives at 570 leading global companies shows the depth of the impact of the worldwide recession on corporates. The comparisons with a similar study in January also reveal that while the white heat of the crisis has passed, the majority of companies are still focused on survival although there is a significant minority who are looking to take advantage of the situation to pursue new opportunities. Press release |