The potential for the coronavirus (COVID-19) outbreak to lead to a global recession topped the list of concerns among finance leaders based in the United States and Mexico, according to a new survey released Monday by PwC. Other top concerns include decreased consumer confidence and the potential adverse impact on financial operations and workforce productivity.

Of the 50 chief financial officers and other finance executives who responded to the survey from March 9 to March 11, 80 percent sit in Fortune 1000 companies, with others in healthcare non-profit associations or in privately held companies. Forty-four of the respondents are from the United States, while six are from Mexico.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...