Boardroom Outlook For 2023 Grows Darker In May
Directors continue to downgrade their rating of future business conditions this month after a nosedive in April.
Directors continue to downgrade their rating of future business conditions this month after a nosedive in April.
Boardroom optimism continued to falter for the 12th month in a row according to our April Director Confidence Index, conducted in partnership with The Diligent Institute. There’s little sign of a rebound.
More directors say the war in Ukraine has affected their companies’ cybersecurity than anything else and three quarters of directors see it as a prolonged challenge, “with no end in sight.”
Director optimism in future business conditions hit its lowest level since September 2020 when we began polling directors for the Director Confidence Index, as concerns over politics, inflation and labor grow.
After a downward slope for the majority of 2021, directors begin the year with increased optimism for the future of business conditions and a hope that Covid-19 will shift to endemic soon.
Corporate Board Member’s October reading of director sentiment shows continued decline in optimism among U.S. public company board members. More now expect business conditions to deteriorate over the coming year.
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