Basel III Survey Results

Getting the Financial Incentives
right is crucial in a company
as well as in society. We need
to steer right, not just steer.
Take the "Highway to hhh..."?

I found these very interesting survey results from Eurofinance on corporate expectations from the Basel III implementation. The fact is that many corporates have already prepared themselves and reduced dependence on funding for growth. Interestingly a majority of the respondents didn't believe the regulatory bodies understand the effects on the real economy. It is a strange situation that the corporates do not rely on the ruling elite's ability to create good conditions for growth and welfare generation in the private sector . Let's think of that for a while...