June, 2023

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The Rise of International ESG Disclosure Standards

Harvard Corporate Governance

Posted by David A. Cifrino, McDermott Will & Emery LLP, on Thursday, June 29, 2023 Editor's Note: David A. Cifrino is Counsel at McDermott Will & Emery LLP. This post is based on his MWE memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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Unleashing developer productivity with generative AI

Mckinsey and Company

A McKinsey study shows that software developers can complete coding tasks up to twice as fast with generative AI. Four actions can maximize productivity and minimize risks.

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Trending Sources

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Are accounting firms keeping remote work positions?

ThomsonReuters

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Now with the public health emergency officially over , the shift to more remote work has become the new normal.

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Qataris make final bid in battle for Manchester United

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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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.

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Tilray's HEXO Acquisition Creates Canada's Top Cannabis Company With 44% Market Share Boost

Benzinga

Tilray (NASDAQ: TLRY ) is making bold moves to secure a profitable future, and its latest acquisition of HEXO Corp. (NASDAQ: HEXO ) has solidified its position as Canada's top cannabis company with a 44% market share boost, expanding its market share by 467 basis points. Despite a challenging market, the strategic combination of Tilray and HEXO is expected to drive revenue growth and create significant opportunities for increased margins and earnings, with projected annualized cost savings o

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Investment Banking in Dubai: The New York of the Middle East?

Brian DeChesare

Investment banking in Dubai stands out for attracting remarkable hype on social media. You’ll find influencers on Instagram, TikTok, LinkedIn, and other sites constantly praising Dubai and claiming it’s the best place to work or start a business. It’s almost like the city has its own PR department and never-ending marketing campaign. If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there.

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More Trending

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Unlocking commerce in the metaverse

Mckinsey and Company

Consumers already know what they want at the intersection of virtual and physical retail. It’s up to companies to evolve their strategies to capture growth and long-term value.

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Staying up to speed with artificial intelligence in accounting

ThomsonReuters

Artificial intelligence (AI) has proven that it is a far cry from just a buzzword. Over the years, AI in accounting has increasingly gained traction and, going forward, it will continue to transform the tax and accounting profession. Is your firm ready? Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients.

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Six Glazer siblings to retain Man Utd stakes under Ratcliffe offer

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Exploring The Advantages Of Vertical Integration

Benchmark Report

Vertical Integration Vertical integration is a strategy that involves a company expanding its operations into other stages of its supply chain. This means that a company takes control of its suppliers, distributors, or both. Vertical integration can be achieved in two ways, either through backward integration or forward integration.

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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

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National Geographic Lays Off More Writers

NYT M&A

The company did not specify how many were shed and said that the magazine, known for its focus on discovery and exploration, would continue to be published on a monthly basis.

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How Effective Is SEC Rule 10b5-1 In Deterring Insider Trading?

Harvard Corporate Governance

Posted by Eliezer M. Fich (Drexel University), Robert Parrino (University of Texas at Austin), and Anh L. Tran (City University of London) , on Thursday, June 22, 2023 Editor's Note: Eliezer M. Fich is Professor of Finance at Drexel University LeBow College of Business, Robert Parrino is Professor of Finance at the University of Texas at Austin, and Anh L.

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HR rewired: An end-to-end approach to attracting and retaining top tech talent

Mckinsey and Company

Technology companies are shedding the very talent that incumbent players need to meet their own digital objectives. Here’s what HR teams in traditional organizations can do to capitalize.

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Sustaining audit innovation: How to set your firm apart

ThomsonReuters

In a rapidly changing and increasingly competitive business environment, it is essential for audit firms to stay ahead of the curve and remain competitive. To do this, auditors must leverage technology and data analytics to innovate and sustain their edge over the competition. In this article, we will explore how using data analytics and automation can help enhance the auditing process, achieve greater operational efficiency, and ultimately set your firm apart.

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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.

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Details Of Manchester United's Imminent Sale Expected Pre-Q3 Earnings: Implications For Team And Investors

Benzinga

Manchester United PLC (NYSE: MANU ) is about to get sold. What Happened : "The results [of the sale] from a bidder perspective will already be known" by the time the football club reports earnings on June 27 , an M&A advisor tells Benzinga. The likely winner of the Manchester auction is Sheikh Jassim bin Hamad Al Thani of Qatar, who reportedly made a final bid earlier this month.

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The Law360 400: Tracking The Largest US Law Firms

Law 360 M&A

The war for talent raged on into 2022 even as business in some areas began to slow, with law firms bolstering their ranks as well as their strategies for weathering the economic headwinds.

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Finish Strong: AI Coach Can Supercharge Your Quarterly Plan

Rhythm Systems

If you haven’t already held your planning session for the coming quarter, consider this your friendly nudge to get it scheduled as soon as possible. Despite how the first half of the year has gone for your team, now’s the time to empower your team to finish out the second half of 2023 strong.

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Voice Through Divestment

Harvard Corporate Governance

Posted by Marco Becht (Solvay Brussels School of Economics and Management), Anete Pajuste (Boston University), and Anna Toniolo (Harvard University), on Wednesday, June 14, 2023 Editor's Note: Marco Becht is a Professor of Finance at Solvay Brussels School of Economics and Management; Anete Pajuste is a Professor of Finance at Stockholm School of Economics (Riga), and Visiting Lecturer at Questrom School of Business, Boston University; and Anna Toniolo is Postdoctoral Fellow at the Program on Co

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Getting a read on the state of organizations

Mckinsey and Company

A new McKinsey report reveals how organizations are faring in a post-COVID-19 world. Here, two of its coauthors offer suggestions for managing through the uncertainty.

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Unleash the power of APIs with an automation consultation

ThomsonReuters

As most of us know, tax and accounting automation involves s treamlining and standardizing tax inputs and workflow processes using technology. The result is more accurate results in less time — and more time for rewarding, high-value work that engages staff and wows clients. While standard tax software offers some of these benefits, the most transformative results come as a result of the holistic integration of APIs.

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When Giants Stumble: A Detailed Analysis Of Microsoft's Unexpected 6% Slump After Soaring To A Historic High Of $349

Benzinga

Microsoft's bold $69 billion bid to acquire gaming giant Activision Blizzard has sparked a legal battle with the United States Federal Trade Commission (FTC), which argues that this merger could hinder competition in the online gaming market. Parallel to this legal conflict, Microsoft's stock price is wrestling with the $350 mark, a resistance level that has stood firm since November 2021.

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An amazing lady who succeeded in a male-dominated world

Norman Marks

This is the story of a lady who: Saw her parents lose their home and have to rely on relatives for shelter and for work. Was raised as a Jewish woman in pre-war North London at a time of rabid anti-Semitism.

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Benchmark International successfully facilitated the transaction between eLogger and Vogl Ventures

Benchmark Report

Benchmark International is pleased to announce Vogl Venture's acquisition of eLogger. eLogger is an innovative software developer focused on providing electronic logbook solutions for electric utilities, water utilities, oil & gas companies, and other industrial operations. Founder Ron Vogl has decades of experience wearing many hats in his industry.

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The SEC’s Climate Change Disclosure Rules are in Double Constitutional Trouble

Harvard Corporate Governance

Posted by Donald J. Kochan (George Mason University), on Monday, June 19, 2023 Editor's Note: Donald J. Kochan is a Professor of Law and the Executive Director of the Law & Economics Center at George Mason University’s Antonin Scalia Law School. This post is based on his recent piece. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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Future of B2B Sales: Building the right team and talent to drive growth in an uncertain environment

Mckinsey and Company

Sales is a business about people and getting the right talent is vital—companies must reconsider their talent strategies and the sales roles they need to continue to drive growth.

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ESG and data: Management tips for tax firm leaders

ThomsonReuters

If you’re a tax firm leader looking to differentiate yourself from the competition, providing your clients with insight into their ESG data is a great way to set your firm apart. Let’s take a look at some best practices accounting firms can use to help clients overcome the challenges of ESG data collection and management. What are the challenges of ESG data collection?

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Sony's Confidential Document Accidentally Reveals Massive Call of Duty Earnings On PlayStation

Benzinga

A leaked document accidentally revealed the revenue generated by the Call of Duty franchise on Sony Group Corp.'s (NYSE: SONY ) PlayStation platforms. The document was initially submitted as evidence in the ongoing legal proceedings between the Federal Trade Commission (FTC) and Microsoft Corp. (NASDAQ: MSFT ) regarding its proposed acquisition of Activision Blizzard Inc.

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Creating Successful Company Offsites — Location Is Everything

Lighter Capital

In March 2020, Lighter Capital's entire team transitioned from a decade of working in a traditional office in Seattle to embracing the remote-only model. Today, the team is spread across four continents and nine countries and our clients span across the U.S. and Australia. In this ever-evolving landscape of remote and hybrid work, Lighter Capital has actively sought innovative ways to foster team building, inspire creativity, and solidify its goals and strategies.

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Why ChatGPT Can't Write Your Annual Plan (and How Rhythm Systems Can)

Rhythm Systems

Many people are turning to artificial intelligence tools to get the job done regarding content writing. One such tool is ChatGPT, a general-purpose chatbot that claims to assist with a wide range of tasks, including creating social media posts, generating blog ideas, and even writing entire marketing plans.

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Nine Mistakes To Avoid When Transitioning CEOs

Harvard Corporate Governance

Posted by Joseph M. Yaffe, and Ryne C. Posey, Skadden, Arps, Slate, Meagher & Flom LLP, on Saturday, June 24, 2023 Editor's Note: Joseph M. Yaffe is a Partner and Ryne C. Posey is Counsel at at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum. Boards must consider contractual obligations, governance and reporting standards, and communication strategies before replacing a CEO.

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The CEO alpha: The advantages of exceptional leadership

Mckinsey and Company

When private equity portfolio company CEOs perform well, the companies they lead do too, creating a “CEO alpha.” This episode of Deal Volume discusses how to cultivate great leaders for greater gains.

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Knowing when it’s time to update your accounting technology

ThomsonReuters

Is your firm running its gears on outdated accounting technology? That is a question many accounting firms should consider as they look to remain competitive, better serve clients, and expand bandwidth in today’s challenging environment. Advancements in technology continue to have a significant impact on how accounting professionals work and serve their clients.

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VCI Global Acquires 51% Stake In Software Company Cogia For $5M

Benzinga

VCI Global Ltd (NASDAQ: VCIG ) will acquire a 51% stake in Cogia GmbH for $5 million. The purchase consideration will be settled by way of issuance of new VCI Global ordinary shares to Cogia AG. Incorporated in Frankfurt am Main, Germany, Cogia. Full story available on Benzinga.

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Jeff Zucker’s View From Outside CNN: He Could Do Better

NYT M&A

It’s been more than a year since he was forced from the top job at the network. Since then, he has made no secret of his frustrations with his exit — or his low regard for the man who replaced him, Chris Licht.