EY CEO Weinberger Calls U.S.-China Trade Tensions a 'Big Issue'

The video discusses the impact of US-China trade tensions on global business, highlighting the challenges of globalization and the potential for economic slowdown. It introduces the EPIC initiative, which focuses on long-term value creation and investment, and explores the difficulties in measuring non-financial metrics. The discussion also covers the shift from public to private companies, emphasizing the need for transparency and risk management.

What is a major concern for global businesses regarding the US-China trade issue?

• The rise in global stock markets

• The impact on short-term profits

• The effect on long-term investments

• The increase in state-owned enterprises

What is the primary focus of the EPIC initiative?

• Short-term financial gains

• Quarterly reporting improvements

• Long-term value drivers

• Immediate supply chain changes

Why is it challenging to measure non-financial factors in business?

• They are not important for business success

• They are easily quantifiable

• They lack standardized measurement methods

• They are irrelevant to investors

What trend is observed in the number of publicly traded companies in the US?

• It has remained stable

• It has doubled

• It has increased significantly

• It has decreased by about half

What is a potential risk associated with the rise of private companies?

• Higher chances of financial malfeasance

• Decreased innovation

• Increased government regulation

• Lower investment returns

What role does the SEC play in business transparency?

• It ignores business structure changes

• It reduces the need for transparency

• It enforces transparency through regulations

• It focuses only on financial disclosures

What is a key challenge for businesses in achieving long-term growth?

• Avoiding regulatory compliance

• Reducing innovation

• Increasing short-term profits

• Creating sustainable innovation