Going Beyond the Book 2023
12 | Going Beyond the Book 2023 [ DUN & BRADSTREET CFO OPTIMISM INDEX ] Only 27% of CFOs are optimistic about the risk appetite of the firms in the current scenario, lowest in 10 Quarters 14% of CFOs expect the cost of raising funds from the market to reduce, reflecting improved optimism over five quarters. Only 10%of CFOs in the industrial sector expect the level of financial risks to reduce on company’s balance sheet, marking one of the lowest values since institution of the Index. Optimism level for domestic macroeconomic scenario for industrial sector stands at 73% in Q3 2023, 25 percentage points higher than Q3 2022. Opt imism for global macro- economic scenario for industrial sector stands at 37% in Q3 2023, 10 percentage points higher than Q3 2022. 50% of CFOs expect optimistic scenario for overal l mergers & acqui s i t ions in Q3 2023, compared to 44% in Q3 2022. Dun & Bradstreet
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