American Business Network

American Business Network

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  • Liviu Mihaileanu
    Liviu Mihaileanu
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    Less than 25% of the companies whose primary market is in the European Union or the United States, are effective at lobbying
    A recent McKinsey survey show that among companies whose primary market is in the European Union or the United States, less than a quarter of respondents say their companies are effective at developing and executing strategies for engaging with all relevant government stakeholders.

    The results show that government actions have a significant effect on companies’ economic value: 34% of respondents say 10% or more of their operating income is at stake. Some government actions, such as providing infrastructure and access to capital, are likelier to have a positive than a negative effect on company finances. However, passing laws and setting policies—the actions executives say most often affect their companies’ economic value—have an overall negative effect. Respondents whose primary markets are in developing economies are more positive than others, however, about the effect of government actions, such as the passage of laws and enforcement of rules.

    More details at: http://mgmtblog.wordpress.com/2010/01/11/mckinsey-survey-les...