Stat of the Week: Executive Decisions & Business Affairs

17 Nov

The anti-Big Business fervor has, um, occupied much of the media coverage and thus a great deal of the public consciousness the past couple of months. Much of it is well founded, but like most movements or political discussions there is also unproductive stereotyping on both sides of the debate.  

Cutting through the cheap talk, the latest World Economic Forum Executive Opinion Survey helps to paint a clearer picture of the state of (business) affairs, ranking America:

• 86th for costs imposed on business by organized crime

• 50th for public trust in the ethics of politicians (I’m shocked, shocked!)

• 42nd for various forms of bribery

• 40th for standards of auditing and financial reporting

In fact, the U.S. makes the global top 20 in only one area: investor protection.

— Source: Niall Ferguson

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