CEOs of publicly traded companies around the world expect a “Trump effect” to spur job growth and boost investment, according to a report. investigation It was released this week.
According to a poll by global advisory firm Teneo, approximately 43% of CEOs plan to increase domestic investment spending following President-elect Trump's victory over Vice President Harris in the 2024 presidential election. found that a further 34% plan to increase employment. In their company.
More than a third (36%) of executives said their business strategies have increased and accelerated international investment since President Trump's victory.
About 20% of CEOs said they are pausing or slowing down hiring. Similarly, 18% of CEOs said they had stopped or slowed down international investments.
About 17% of CEOs said they had no intention of changing their business strategy after Trump won the November election.
Polls show President Trump's tax cuts and deregulation proposals are sparking optimism among government executives. More than 64% of respondents said these developments will have a positive impact on their business.
Mid-cap companies, those with market capitalizations between $2 billion and $10 billion, are more optimistic about payroll costs and tariffs than their large-cap counterparts. The poll found that 80% of executives at mid-sized companies believe that increasing tariffs on goods imported into the United States would be a positive development. Only 13% of large-cap CEOs said the same.
“This tension highlights the dual impact of such policies: they can pose challenges for many businesses, but they can also create opportunities for some businesses that benefit from reduced competition. ”, the study authors wrote.
The survey includes the opinions of more than 300 global public company CEOs and more than 380 international investors.
