Insights/Case studies/Newsroom/CareersCareersCareersPartnersConsultantsTechnology innovationCorporateEarly careersSearch Jobs/About us/Contact us Global locations

  • Phone
  • Contact us
  • Locations
  • Search
  • Menu


  • Add this article to your LinkedIn page
  • Add this article to your Twitter feed
  • Add this article to your Facebook page
  • Email this article
  • View or print a PDF of this page
  • Share further
  • Add this article to your Pinterest board
  • Add this article to your Google page
  • Share this article on Reddit
  • Share this article on StumbleUpon
  • Bookmark this page
Close this video

Zombie firms: corporate carrion

Fraser Tennant | Financier Worldwide | 23 july 2015

PA is quoted in an article about zombies in Financier Worldwide magazine. The article reports that these are unproductive corporate entities that continue to operate due to ultra-low interest rates and the forbearance of creditors. 

Commenting on how zombie companies still infect global economic growth, PA Consulting Group comments: “The real danger of zombie companies is that they are unable to contribute to growth in the global economy as they cannot invest”.

Decade of Disruption 350 x 210

Could Google be the next bank?

We explore four future scenarios financial services firms need to prepare for.

Download report

The article goes on to look at the threat of other forms of zombie: zombie banks, zombie consumers and zombie governments. According to the article, it is these three types of zombie that are holding back the global economy. PA comments: “At a time when there is a shortage of high quality jobs, businesses struggle to find demand for their products, and investors struggle to find high return opportunities to invest in, an aggressive approach to liquidation would result in not ‘creative destruction’ but destructive destruction. Once healthy demand returns to product, capital and labour markets, ‘creative destruction’ will again be a valid concept. Until then, the focus needs to be on these other categories of zombie.” 

To find out more about how PA can help grow the value of your business, please contact us now. 

Find out more about our work in strategy.

By using this website, you accept the use of cookies. For more information on how to manage cookies, please read our privacy policy.