In actual figures, the numbers translate to a colossal $1.3 trillion. To their credit, this rise in corporate savings has been backed by escalating profits over the years, allowing companies to hive up their funds for lending to other sectors. Additionally, declining tax rates and interest payments over the years have helped companies strengthen their balance sheets. Similarly, inflation on a downward trend over the years has brought down the nominal interest rates, subsequently reducing interest rate burden, and improving the bottom-lines of global corporations.
For Complete IIPM-Article, Click on IIPM-Editorial Column
Source IIPM-Editorial,2006
For Complete IIPM-Article, Click on IIPM-Editorial Column
Source IIPM-Editorial,2006
