July, 2023

article thumbnail

Greenwashing: Navigating the Risk

Harvard Corporate Governance

Posted by Peter Pears, Tim Baines, and Oliver Williams, Mayer Brown LLP, on Monday, July 24, 2023 Editor's Note: Peter Pears and Tim Baines are Partners and Oliver Williams is a Trainee Solicitor at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Mr. Pears, Mr. Baines, Mr. Williams, Henninger S. Bullock , Luiz Gustavo Bezerra , and Wei Na Sim.

article thumbnail

Prudential Property Value: Our Efforts to Ensure Transparency and Consistency

IVSC

Drawing the conclusions from the global financial crisis, the Basel Committee on Banking Supervision (BCBS) published in December 2017 new requirements for the valuation of real estate for lending purposes in the context of the so-called ‘Standardised Credit Risk Assessment Approach’ (SCRA). It reads: The valuation must be appraised independently using prudently conservative valuation criteria.

Banking 246
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

Ready for prime time? The state of live commerce

Mckinsey and Company

The innovative social-commerce format continues to grow, but its potential could be unlocked by tailored approaches responding to differences in consumer characteristics and needs.

article thumbnail

Billion-Dollar Threat To Cannabis Industry: A Pathogen That Decreases Weed Potency Could Quickly Wipe Out Revenue

Benzinga

A pathogen called HLVd, or hop-latent viroid, is contaminating cannabis crops across the country, threatening to wreak billions of dollars in losses just as legal marijuana is taking off, warned the Wall Street Journal on Saturday, highlighting a frightening fact that the industry has begun to seriously grapple with lately. HLVd can severely reduce the potency of cannabis, a process known as “dudding.

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

“It’s My Pleasure”: Chick-fil-A Does It Right, While Marriott Does It Wrong!

Rhythm Systems

Customer success guru John DiJulius says that using the phrase “my pleasure” “elevates the professionalism of your employees’ terminology.” These words may be powerful if you deliver remarkable experiences, but they can also annoy the heck out of your customers if you deliver a terrible experience. I want to share two stories with you: a good one and a bad one.

98
article thumbnail

Managing tax overpayments and repayments

ThomsonReuters

Overpayments and repayments are two of the most common anomalies that could complicate year-end and W-2 processing. Now is a great time to sort out any potential difficulties. Jump to: What is an overpayment on taxes? Overpayments and repayments in the current year Overpayments and repayments in subsequent years Preventing tax overpayments What is an overpayment on taxes?

98

More Trending

article thumbnail

Factor House to Accelerate Early-Stage Growth with Lighter Capital Funding

Lighter Capital

Factor House is on a mission to empower the next generation of software engineers and to shape the future of software development with creative new solutions, built by engineers for engineers. Formally founded in 2019, the Melbourne-based startup has gained traction with its flagship product, ,, Kpow , a web-based enterprise application, which gives engineers simple, secure tools to monitor, manage and control Apache Kafka-powered systems.

Finance 98
article thumbnail

Building new businesses: How insurers can leap ahead

Mckinsey and Company

New insurance business ideas can have an outsize impact on enterprise value, but many insurers struggle to build and scale them. A new approach can help improve their success rate.

article thumbnail

IRS clarifies employee retention credit guidance

LaPorte

(authored by RSM US LLP) IRS guidance addresses full or partial suspensions of operations due to supply chain disruption for ERTC and erroneous ERTC refunds. The post IRS clarifies employee retention credit guidance first appeared on LaPorte.

98
article thumbnail

Harnessing Accountability and Efficiency with Rhythm Systems: The Arbill Case Study

Rhythm Systems

Discover the transformative power of Rhythm Systems in our latest case study: Arbill's journey towards greater accountability and efficiency. Learn how strategic alignment and process optimization can drive your business forward.

98
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

Disney CEO Bob Iger's Comments Lead To Speculation Of Asset Sale, Sending The Mouse's Stock Price To COVID-19 Lows

Benzinga

Walt Disney Company (NYSE: DIS ) CEO Bob Iger has recently been the subject of criticism from the creative community for his comments on the ongoing strike by Hollywood writers and actors. Iger, who has long been admired by both Wall Street and his employees, has been accused of being “tone deaf” and unrealistic in his economic expectations.

98
article thumbnail

The Fall of “Affirmative Action” and Its Implications for Employers

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, July 5, 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 , and Noah B.

Equity 262
article thumbnail

Investment in technology: How much time does your firm waste?

ThomsonReuters

For today’s accounting firms, advanced technology is no longer an option but a necessity. To keep pace in an increasingly competitive landscape, forward-looking firms are investing in artificial intelligence (AI) solutions to automate tax workflow, open up additional revenue streams, and better serve clients. If your firm is considering an investment in tax technology, the time is now.

article thumbnail

What is digital-twin technology?

Mckinsey and Company

A digital twin is a digital representation of a physical object, person, or process, contextualized in a digital version of its environment. Digital twins can help an organization simulate real situations and their outcomes, ultimately allowing it to make better decisions.

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

How to Value a Convenience Store

Peak Business Valuation

Convenience stores are businesses that sell food, beverage, and tobacco products in convenient locations. In recent years, the convenience store industry has experienced healthy revenue and profit growth. Moving forward, we can expect these metrics to continue growing at a steady rate. If you are looking to buy , grow , or sell a convenience store , now may be an ideal time to do so.

article thumbnail

Harnessing the Power of Think, Plan, Do® Rhythms for Accelerated Growth

Rhythm Systems

Harnessing the Power of Think, Plan, Do® Rhythms for Accelerated Growth In the dynamic world of business, growth is a double-edged sword. While it brings opportunities and prosperity, it also introduces complexity that can be challenging to manage. As a company expands, it becomes increasingly difficult to maintain alignment, drive execution, and sustain growth.

98
article thumbnail

Banc Of California, PacWest Combine Forces With Aim To Create 'Robust, Well-Capitalized' Institution

Benzinga

Banc of California, Inc. (NYSE: BANC ) and PacWest Bancorp (NASDAQ: PACW ) shares were volatile in after-hours trading Tuesday after a merger between the companies was announced. The Banc Of California, PacWest Deal: The companies signed a definitive agreement through which they will combine in an all-stock merger transaction. PacWest will merge into Banc of California, and Banc of California, N.A. will merge into Pacific Western Bank, under the terms of the agreement.

Banking 98
article thumbnail

Share Buybacks and Executive Compensation: Assessing Key Criticisms

Harvard Corporate Governance

Posted by Lane Ringlee, Marizu Madu, and Joadi Ogelsby, Pay Governance LLC, on Sunday, July 16, 2023 Editor's Note: Lane Ringlee is Managing Partner, Marizu Madu is a Principal, and Joadi Oglesby is a Consultant at Pay Governance LLC. This post is based on their Pay Governance memorandum. Related research from the Program on Corporate Governance includes Short-Termism and Capital Flows (discussed on the Forum here ) by Jesse M.

Dividends 244
article thumbnail

Norton Rose Hires Corporate Partner To Grow Chicago Office

Law 360 M&A

Norton Rose Fulbright LLP announced Monday that it is expanding its Chicago office with the addition of Kevin Friedmann, who comes to the firm from Greenberg Traurig LLP to serve as head of Norton Rose's corporate, mergers and acquisitions, and securities practice in Chicago.

98
article thumbnail

How payers could unlock value by improving transitions of care

Mckinsey and Company

Using a three-step approach, payers could seek to reduce hospital readmissions, potentially improving patient experience and care outcomes and cutting costs for stakeholders.

100
100
article thumbnail

Baker Tilly partner explains the power of automation in tax preparation

ThomsonReuters

A recent article from Thomson Reuters, “ Baker Tilly’s Michele Donohue Makes the case for Automation in Tax Practice ,” discusses the benefits of automation in tax practice, as well as the role of artificial intelligence. In the article, Michele Donohue, a partner at accounting firm Baker Tilly, highlights why embracing automation and AI is crucial for tax practices to remain competitive and meet the evolving needs of their clients in an increasingly digital world.

article thumbnail

Mastering OKRs: How Artificial Intelligence Can Help You Set and Achieve Better Objectives and Key Results

Rhythm Systems

Implementing Rhythm Systems Software using artificial intelligence (AI) can be a game-changer for organizations looking to track, rate, and manage their objectives and key results (OKRs).

98
article thumbnail

How To Create a Startup Pitch Deck – [Template included]

Equidam

Pitch decks are a set of slides that clearly describe your value proposition, your business case, and your value to prospective investors. After years of developing our own pitch decks, and working with founders to support their fundraising efforts, we can share our experience on the fundamental elements of a good pitch deck and what will help move the needle for investors.

article thumbnail

2023 Private Company Board Survey Insights

Harvard Corporate Governance

Posted by Claudia H. Allen, Patrick A. Lee, and Ari Weinberg, KPMG LLP, on Monday, July 17, 2023 Editor's Note: Claudia H. Allen and Patrick A. Lee are Senior Advisors, and Ari Weinberg is a Director at KPMG’s Board Leadership Center. This post is based on their KPMG memorandum. Adding value to private company boards From board structure and agenda priorities to the role of independent directors, private company governance continues to evolve in response to an increasingly complex and chal

Equity 235
article thumbnail

Warren Buffett's Berkshire Hathaway Set For $1B Windfall Following Microsoft-Activision Deal

Benzinga

On Tuesday, Warren Buffett’s Berkshire Hathaway (NYSE: BRK ) stood to make a profit of over $1 billion following the court’s decision to allow Microsoft (NASDAQ: MSFT ) to proceed with its acquisition of Activision Blizzard (NASDAQ: ATVI ), Business Insider reports. What Happened: Berkshire Hathaway, which owned nearly 50 million shares of Activision at the end of the first quarter of 2023, is set to make a significant profit if Microsoft’s acquisition goes through at its all-c

article thumbnail

Sustainable, inclusive housing growth: A case study on Columbus, Ohio

Mckinsey and Company

Rapid economic growth has created ample opportunity—as well as a housing shortage. How the city and the surrounding region respond could provide a blueprint for other US cities.

98
article thumbnail

5 SaaS Financing Options to Extend Your Runway in 2023

Lighter Capital

For founders, SaaS means opportunity. The SaaS market is exploding — the market’s estimated worth is approximately , $197 billion in 2023 and expected to reach $232 billion next year. For investors, SaaS means security. One of the most appealing features of SaaS startups is their sticky revenue streams, which make them less risky investments. SaaS companies often start generating revenue much earlier compared to startups in other tech categories.

Finance 98
article thumbnail

Master the Rhythm System: Unlocking Business Scalability and Long-Term Success

Rhythm Systems

In this blog article, we will dive into the essential aspects of rhythm systems, a successful strategy for execution, and how it can unlock scalability in your organization. We will explore the core elements of the Rhythm System, what it takes to develop and implement a successful strategy, and how it drives organizational performance and employee engagement.

98
article thumbnail

Third-Party Risk Management 101: Is It Easier to Have Less or More Vendor Types?

N Contracts

In an ideal world, every third-party vendor would always provide impeccable service, deliver on time, and never cause any operational hiccups. Unfortunately, that’s not reality.

97
article thumbnail

Chancery Court Offers Guidance on Waivers Not to Sue for Breach of Fiduciary Duty

Harvard Corporate Governance

Posted by Rick S. Horvath, Allie Misner Wasserman, and Andrew Darnell, Dechert LLP, on Wednesday, July 5, 2023 Editor's Note: Rick S. Horvath , and Allie Misner Wasserman are Partners and Andrew Darnell is an Associate at Dechert LLP. This post is based on their Dechert memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

245
245
article thumbnail

What's Going On With Microsoft-Activision Deal? Companies Adjust Deadline Terms

Benzinga

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are grabbing attention amid reports of the companies extending the $69 billion takeover deal to October 18. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0 billion to $3.5 billion if the transaction is terminated after August 29, 2023, and to $4.5 billion if the transaction is terminated after September 15, 2023.

article thumbnail

Author Talks: How minor stresses add up to epic fails

Mckinsey and Company

Every day stress: All of us experience it, but top performers manage it differently. Rob Cross talks about the ways small strains and nuisances accumulate to thwart well-being and productivity—and what to do about it.

98
article thumbnail

LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers

LaPorte

LaPorte is honored to announce that we have been named “Top Winner” in the “Best Accounting Firm” list in CityBusiness’ Reader Rankings poll. This is… The post LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers first appeared on LaPorte.

article thumbnail

How AI-Powered Software Can Help You Achieve High-Performance Culture

Rhythm Systems

In today's fast-paced business world, high-performance culture is essential to success. Every organization, regardless of its size or industry, strives towards higher goals and wants to ensure a high-performance culture is prevalent throughout the organization. However, achieving this goal is easier said than done. Companies must focus on personalized learning, individual attention, and real-time feedback to accomplish this objective.

98