Clifford Chance

In collaboration with the daily newspaper Rzeczpospolita we have captured the views of over 200 board members in Poland.

Our Business Risks report explores perceptions of business risk amongst board members of the largest companies operating in Poland. The Polish survey revisits the key themes researched in a global survey produced by Clifford Chance and The Economist Intelligence Unit (EIU) in 2019 on attitudes to risk in the global business community.

Significant results:

Regulatory risk

• 80% of those surveyed predict an increased risk of sanctions and economic restrictions
• 46% mentioned legal and regulatory risk as the main threat to their organization
• 47% believe that regulatory risk will increase over the next two years

Cyber risk

• 93% admitted that they fear cybersecurity incidents
• 84% consider that their board fully understands the legal, regulatory and ethical consequences of their use of data and advanced technologies, including AI

Environmental risk

• 40% said that fear of damage to their brand's reputation has led them to choose supply chain partners based on environmental factors
• 30% said that environmental risk will be of even greater importance for boards over the next two years

Personal liability

• 71% said that the risk of liability is not a factor that discourages membership of management authorities
• 65% agreed that board members should be held personally accountable for illegal and unethical uses of technology
• 33% said board members should be personally accountable for meeting Diversity and Inclusion targets

The study is available to download in:

• English
• Polish