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Populism is on the rise across the world as President Donald Trump works to enact America-first policies, the British craft a formal exit strategy from the European Union, and two non-establishment party presidential candidates go head to head in France. But that isn't scaring corporate dealmakers in the U.S. who say more M&A opportunities are on the horizon and global politics isn't impacting their strategies.
With the U.S. seeing the second highest first-quarter deal activity in a decade (up 22% to $366 billion from last year), nearly 80% of U.S. executives say they plan to actively pursue mergers and acquisitions over the next year. That's well above the long-term average of 47%, according to new data from EY's bi-annual Global Capital Confidence Barometer, which surveys 2,300 corporate executives.
Source: Fox News
(Score: 2) by Runaway1956 on Wednesday April 26 2017, @02:30AM (1 child)
If/when a number of nations elect "populist" presidents/PM's/members of parliament/congress critters/senators, then laws may well be enacted to curb some of the corporate abuses.
There will always be corruption, even in the best of governments. Corporate leaders probably believe that they can continue to buy the votes they need. But, they can't be sure of that. Right here in the US, several corporations need to be dismantled, in a manner similar to AT&T. Break them up into several smaller, competing corporations. Globally, there's about a metric butt load that need to be broken up. Populists may well take that mission on, one day soon.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @03:19AM
I wouldn't count on it. If you want a vision of the future, imagine a violently imposed monopoly stamping on a human face - forever.