Turnaround and Transformation Survey

Companies in many regions remain mired in challenges driven by the rapid rise in the cost of capital. Criticaleye Partner AlixPartners' 19th Annual Turnaround and Transformation Survey sees more than 700 of the world's restructuring experts, and executives say that the cost of capital is still the biggest factor driving company distress. However, that is just one part of the emerging story.

Key Takeaways Include:

• Which sector globally is most likely to face distress in 2024? 
• 82 percent expect the cost of capital to remain at current levels or increase further, while 18 percent expect it to decrease.
• 72 percent say restructuring capital structure or moving assets is the most likely liability management technique to be activated in the next 12 months to mitigate risk.