Wed.Aug 09, 2023

article thumbnail

SEC Adopts Final Rules on Cybersecurity Disclosure

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Wednesday, August 9, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. At an open meeting on Wednesday last week, the SEC voted, three to two, to adopt final rules on cybersecurity disclosure. In his statement at the open meeting, Commissioner Jaime Lizárraga shared the stunning statistics that, last year, 83% of companies experienced more than one data breach, with an average cost of

article thumbnail

Refinery transactions: A window of opportunity?

Mckinsey and Company

There is a dichotomy in refinery ownership, with some players reducing their refining portfolios while others see the significant value potential in both the short- and long-term.

98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

ChatGPT and Corporate Policies

Harvard Corporate Governance

Posted by Baozhong Yang (Georgia State University), on Wednesday, August 9, 2023 Editor's Note: Baozhong Yang is an Associate Professor of Finance at Georgia State University. This post is based on a recent article by Professor Yang, Manish Jha , Assistant Professor of Finance at Georgia State University; Jialin Qian, PhD Candidate at Georgia State University; and Michael Weber , Associate Professor of Finance at the University of Chicago.

article thumbnail

The triple play: Growth, profit, and sustainability

Mckinsey and Company

Revenue growth is good. Profitable growth is better. Profitable growth that advances ESG priorities is best. Here’s how outperformers who actively choose growth deliver the growth trifecta.

article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

DEI Initiatives Post-SFFA: Considerations for Boards and Management

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, August 9, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton, John F. Savarese , Adam J.

Equity 185
article thumbnail

Are Latin American financial institutions ready for sustainability?

Mckinsey and Company

Financial institutions in Latin America are responding to similar forces that have put sustainability on the agendas of their peers in other parts of the world. A five-pillar approach can increase the odds of success.

98

More Trending

article thumbnail

AstraZeneca signs vaccine deal with China’s CanSino

Financial Times M&A

Drugmaker says it is working on new technologies to develop vaccines for infectious diseases where there is ‘high unmet need’

article thumbnail

China’s heavy-duty truck industry: The road ahead

Mckinsey and Company

Premiumization, electrification, autonomous driving, and a value pool shift to solutions and services will shape the future of heavy-duty trucks in China.

75
article thumbnail

Corporate Officers or Shareholders: How Should You Treat Expenses Paid Personally?

Machen McChesney

If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being nondeductible both by an officer and the corporation unless the correct steps are taken. This issue is more likely to happen with a financially troubled corporation.

63
article thumbnail

‘The ground rules have changed’: Dentons’ retreat exposes China risks

Financial Times M&A

Pivot highlights dilemma law firms face as Beijing tightens anti-spying rules

91
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Baggins

Appraisers Blog

In reply to Mary Cummins. Exactly. The specific reason why? Because a damned automated software program is not a human being. Humanity in general needs to take a big step back from this worship of the new golden idol, as if tech can replace the fruits of labor. Mary, thank you again. One of the things I’ve found most interesting, is looking into other data sources and news outlets, only to find they’re already and long since concerned about these issues, while actually being complete

54
article thumbnail

FCF at the Tech Tour NRW Green 2023 in Dusseldorf on 19 September, 2023

Fox Corporate Finance

September 19, the Tech Tour Green 2023 Programme will take place in Dusseldorf with an exciting live event. The Tech Tour NRW Green Programme is designed to help start-ups based in North Rhine -Westphalia region developing tech solutions in the broad. Read more The post FCF at the Tech Tour NRW Green 2023 in Dusseldorf on 19 September, 2023 appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

Valuation Multiples for a Gym or Fitness Center

Peak Business Valuation

Businesses in the gym and fitness industry operate fitness and sports facilities. These facilities feature exercise and other forms of physical fitness. This may include weights, cardio, swimming, skating, etc… An industry report on IBIS World notes that there are over 115,000 gyms and fitness centers in the United States. We can expect this number to continue growing over the next several years.

article thumbnail

3 Tips for Applying a Risk-Based Approach to Issues Management

Audit Board

While issues management often begins in silos like InfoSec, internal audit, and SOX, a mature issues identification and reporting structure follows a risk-based approach by connecting issues back to the organization’s risks. To accomplish this, it is necessary to establish common and shared elements of issues management across departments. AuditBoard’s new ebook, T he InfoSec Survival Guide: Achieving Continuous Compliance , examines what a risk-based issues management program looks like and de

article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

Crafting an Effective Sales Pitch to Sell Your Business

Sun Acquisitions

Selling a business can be a daunting experience. Even if you’re selling a successful business, there are many moving parts to consider during the sale process. Yet, your sales pitch is critical to winning potential buyers over. Here are some tips to craft a compelling sales pitch to make your business more desirable to potential buyers. Build Your Pitch Around Your Business Your sales pitch should be tailored to paint your business in the best possible light.

article thumbnail

FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 07/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – Europe 07/2023”. The Monitor is a monthly published overview of venture capital trends in the European. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – Europe – 07/2023 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

CVC explores sale of troubled Kenyan tea plantation

Financial Times M&A

Kericho site in Kenya had a history of violence and sexual abuse allegations before Unilever sold it to private equity last year

Equity 69
article thumbnail

FCF @IMPACT FESTIVAL from 13./14. September 2023 in Frankfurt/Offenbach

Fox Corporate Finance

From September 13 to 14, 2023, the IMPACT FESTIVAL, Europe’s largest B2B event for sustainable innovation, will take place in Frankfurt/Offenbach. Around the extensive 2-day program there will again be workshops, lectures, the presentation of. Read more The post FCF @IMPACT FESTIVAL from 13./14. September 2023 in Frankfurt/Offenbach appeared first on FCF Fox Corporate Finance GmbH.

B2B 52
article thumbnail

Generative AI: It's basically become part of every conversation

Avanade

Learn what Generative AI does for the field of professional services and where is it gaining traction.

52
article thumbnail

FCF at the Tech Tour NRW Green 2023 in Dusseldorf on 19 September, 2023

Fox Corporate Finance

September 19, the Tech Tour Green 2023 Programme will take place in Dusseldorf with an exciting live event. The Tech Tour NRW Green Programme is designed to help start-ups based in North Rhine -Westphalia region developing tech solutions in the broad. Read more The post FCF at the Tech Tour NRW Green 2023 in Dusseldorf on 19 September, 2023 appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

Comment on The Real Cause of the Home Value Gap Is the Income Gap by Pat Turner

Appraisers Blog

Blaming appraisers for the income gap will never solve the real underlying problem. It's as ridiculous as blaming them for gas prices.

article thumbnail

Does Enhanced Disclosure Curb CEO Pay?

Reynolds Holding

High CEO pay in the United States has fueled repeated calls for enhanced disclosure of chief executives’ compensation. For example, in 2015 the SEC received over 285,000 comment letters supporting its proposed rule to require disclosure of CEO-employee pay ratios. Yet, it is unclear how more disclosure would affect pay. For example, Hermalin and Weisbach (2012) show theoretically that greater disclosure increases executive pay because of the additional costs imposed on executives, and Murphy and

article thumbnail

DOJ Antitrust Division May Sue to Split Live Nation/Ticketmaster

Mogin Rubin M&A

Following its ten-month investigation, the United States Department of Justice appears on the verge of filing an antitrust suit against Live Nation, parent of Ticketmaster, for abusing its power in the ticketing and live music markets. According to Politico , which cites three sources familiar with the matter, the DOJ could file suit as soon as this fall and, as part of its relief, will ask the court to unwind the 2010 merger of Live Nation (the event promoter) and Ticketmaster (the ticket selle

article thumbnail

Proposed Legislation Would Create a Tiered Exemption from Broker Registration

National Law Review M&A

William B. Mack Robert Long Daniel J.

Banking 66
article thumbnail

The little activist Engine that couldn’t

Financial Times M&A

Plus, CVC learns the price of ESG after Unilever tea deal

52
article thumbnail

How Do You Know If Your Business Valuation Is Fair?

Equilest

In the dynamic world of business, understanding the true value of your company is of utmost importance. Whether you're looking to sell, secure funding, or simply gauge your business's financial health, a fair and accurate business valuation is essential. But how do you know if the valuation you've received is fair and reliable? In this article, we'll delve into the intricacies of business valuations, uncovering key indicators to help you assess the fairness of your business's valuation.

article thumbnail

Comment on Fighting for Consumer Protection & the Appraisal Industry by Baggins

Appraisers Blog

In reply to Maria. Welcome to the party. A few years late but welcome none the less. As far as responsibility goes, talked about that many times. Exponential increased liability burden via increased volume, the full weight of uspap and specific sow still applies, no meaningful relief via assumptive theory in appraisal disclosure disclaimer language games can save you.

article thumbnail

Mayer Brown Discusses Bank Regulators’ Proposed Overhaul of Capital Requirements

Reynolds Holding

On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”), and (ii) change the method for calculating the capital surcharge for globally systemically important banking organizations (“G-SIBs”) (the “G-SIB Surcharge Proposal”). 1 These proposals are of critical importance because the amount of capital a bank must maintain with respect t

Banking 52
article thumbnail

Comment on Fighting for Consumer Protection & the Appraisal Industry by Baggins

Appraisers Blog

In reply to Maria. In our family we say; The very last place we turn to for safety advisement is the government. Every single regulatory agency has been captured by the corporations they pretend to police. Every last one of them. The FTC, FCC, FDA, and the long list of others, are exactly where we left them. Just one problem, half of their staff has already been or will soon be employed by the corporations they portend to regulate.