The energy boom that ran for much of the first half of the decade generated both record revenues and ready access to capital that was often collateralized with oil marked at $90 or more per barrel. But the collapse of oil prices and the broader energy downturn has pushed hundreds of companies up against debt covenant restrictions and into subsequent bankruptcy.
Read Article by Trent Aulbaugh and Steve Goodman.
Perpetuity is a central objective of every family business. In today’s ever-changing world, it is critical for owner families to proactively mitigate risks to achieve that longevity.
The marked increase in Chinese acquisitions of Western industrial firms is a natural consequence of China’s emergence onto the global economic stage. Like other newly developed economic powers past and present, China seeks to build enterprises that extend beyond its borders.
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Egon Zehnder is deeply committed to Diversity and Inclusion, actively supporting and leading diversity initiatives worldwide including: