In this webinar, we discussed how election outcomes can influence financial markets, economic stability, financial crime, public perception and corporate reputation. Understanding these risks and preparing for various outcomes helped participants identify strategies to support stability and growth.
Three key takeaways:
- Elections influence market volatility and investor sentiment. Kroll’s analysis shows the S&P 500 performs worst during U.S. election years due to uncertainty. Many businesses are waiting amid questions about corporate spending, revisions, tariffs, and tax reforms, but should prepare for all outcomes.
- Businesses can become entangles in political issues that impact their reputation. It is essential for companies to consider both external and industry-specific factors that could influence their operations and decisions. Additionally, robust communication strategies are crucial during times of political instability.
- Elections heighten fraud and corruption risks. Businesses should invest in flexible, adaptive systems to enhance efficiency, effectiveness and compliance. Successful implementation demands careful planning, expertise and high-quality data.
Additionally, On October 30, 2024, we surveyed nearly 150 webinar attendees to gauge how they felt elections might impact their businesses. Explore the poll results below.
How significant do you think the ramifications of U.S. elections will be to your business and your country?
Which area(s) of your business do you believe will be most affected by U.S. election results in your country?
What type of risks are you most concerned about related to U.S. elections?
How prepared do you feel your business is for the upcoming U.S. election?
What measures have you taken to prepare your business for potential changes post-election?
From Ballots to Boardrooms: How Elections Impact and Influence the Business Landscape
In this series, Kroll experts examine five critical risk areas impacting businesses and elections, offering insights to help firms navigate and plan for the future.
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