Three-quarters of U.S. CEOs expect to see foreign companies investing more in U.S. businesses over the next year, according to a survey by Grant Thornton.
Two-fifths of the 250 U.S. CEOs surveyed believe the investment money will mainly come from the Asia Pacific region, while one out of three think it will originate in the Middle East. Almost half the respondents believe that U.S. companies will invest less in foreign businesses over the next year, with 61 percent saying that U.S. companies will invest the most in the Asia Pacific region.
Half the respondents believe the biggest benefit of foreign investment in the U.S. will be stimulating the U.S. economy. However, 45 percent of the CEOs surveyed were concerned about the loss of managerial control, while 44 percent were worried about dollar or currency volatility, 39 percent about political risks, and 36 percent about compliance with U.S. accounting practices.
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