Brian DeChesare

JANUARY 24, 2024

Let’s start with the elephant in the room: yes, we’ve covered the growth equity case study before, but I’m doing it again because I don’t think the previous examples were great. They over-complicated the financial model (e.g., minutiae about issues like OID for debt issuances ) and did not accurately represent a 1- or 2-hour case study. So, you can think of this example and tutorial as “Growth Equity Case Study: The Final Form.

Equity 105

Equity Private Equity Firm Start-ups Comps 105

IVSC

JANUARY 24, 2024

Latest edition of the International Valuation Standards (IVS) published The International Valuation Standards (IVS) are globally recognised, principles-based standards that form the foundation of valuation for all assets and liabilities. Developed by the International Valuation Standards Council (IVSC) and utilised by professionals in over 100 countries, IVS play a crucial role in enhancing the quality, comparability, and transparency of valuations.

Intangible Assets 279

Intangible Assets Compliance Marketability Banking 279

Harvard Corporate Governance

JANUARY 24, 2024

Posted by Matt Orsagh, RISE Sustainable Investment Consultancy, on Wednesday, January 24, 2024 Editor's Note: Matt Orsagh is Co-Founder and Head of Americas at RISE Sustainable Investment Consultancy and Chief Content Officer at ED4S Academy. This post is based on his RISE memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

Marketability 261

Marketability 261

Mckinsey and Company

JANUARY 26, 2024

Capital-intensive, sustainable businesses offer growth on a scale achieved by technology juggernauts of recent decades. But they face a different set of challenges. Here’s how they can overcome them.

Technology 141

Technology Corporate Finance Finance 141

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.

Marketability

NYT M&A

JANUARY 20, 2024

The news that David D. Smith, the executive chairman of the conservative Sinclair Broadcast Group, had bought The Sun has generated alarm inside and outside the newsroom.

Mergers & Acquisitions 133

Mergers & Acquisitions 133

ThomsonReuters

JANUARY 22, 2024

Jump to: Enhanced Child Tax Credit Business tax relief Support for small business Employee Retention Tax Credit (ERTC) Adjustments to 1099-MISC and 1099-NEC filing thresholds Support for affordable housing Empowering American families and businesses: The Tax Relief for a stronger future On January 19, 2024, the Ways and Means Committee made a significant bipartisan move by approving the Tax Relief for American Families and Workers Act of 2024.

Start-ups 105

Start-ups Finance Technology 105

Mckinsey and Company

JANUARY 22, 2024

2024 looks uncertain: inflation has come down but long-term interest rates remain high; retail sales are relatively stable; manufacturing continues to contract; geopolitical concerns are on the rise.

Corporate Finance 141

Corporate Finance Finance 141

NYT M&A

JANUARY 23, 2024

The aircraft company is paying the price for a shift in its corporate culture made decades ago.

Mergers & Acquisitions 140

Mergers & Acquisitions 140

N Contracts

JANUARY 25, 2024

Bank failures have happened to financial institutions of different sizes over the past 40 years, but the reasons are the same. Find out why and how risk management can help.

Banking 101

Banking Compliance 101

Harvard Corporate Governance

JANUARY 26, 2024

Posted by Lawrence A. Cunningham and Carlos Juarez, Mayer Brown LLP, on Friday, January 26, 2024 Editor's Note: Lawrence A. Cunningham is Special Counsel in Mayer Brown’s New York office, and Carlos Juarez is a Project Administrator at Mayer Brown LLP and J.D. Candidate at Villanova University Charles Widger School of Law. This post is based on their Mayer Brown memorandum.

169

169

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

Corporate Finance

Mckinsey and Company

JANUARY 23, 2024

Expedia Group powers many other companies’ travel interfaces and inventories. Ariane Gorin, president of Expedia for Business, outlines the elements of a great corporate partnership.

B2B 139

B2B 139

LaPorte

JANUARY 25, 2024

(authored by RSM US LLP) As businesses increase the use of remote workforces, nexus and withholding determinations can greatly complicate state tax compliance. The post Remote workforces are complicating state tax nexus and withholding first appeared on LaPorte.

Compliance 98

Compliance 98

Law 360 M&A

JANUARY 25, 2024

A Manhattan federal judge on Thursday backed a joint motion to dismiss a Davis Polk & Wardwell LLP partner as a defendant from an ongoing trial on claims that the BigLaw firm fired a Black attorney in retaliation for airing diversity concerns.

98

98

Harvard Corporate Governance

JANUARY 25, 2024

Posted by Dave Bell and Ron Llewellyn, Fenwick & West LLP, on Thursday, January 25, 2024 Editor's Note: David A. Bell is Partner and Co-Chair of Corporate Governance, and Ron C. Llewellyn is Corporate Governance Counsel at Fenwick & West LLP. This post is based on portions of their Fenwick publication. Corporate governance practices vary significantly among public companies.

Technology 150

Technology 150

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.

Marketability

Mckinsey and Company

JANUARY 26, 2024

Global forces are pushing the world into a new period in which rules will have to change fundamentally. In these uncertain yet exciting times, Asia is poised to lead the way.

132

132

Redpath

JANUARY 25, 2024

January 25, 2024 - Canada is in the process of implementing a new client portal that will allow companies to interact and share data with Canada Border Services Agency (CBSA). This portal, developed as part of the CBSA Assessment and Revenue Management (CARM) digital initiative, will be used to facilitate all taxes and duties with CBSA, along with providing additional accounting functions and payment processing.

98

98

Law 360 M&A

JANUARY 25, 2024

Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.

98

98

Harvard Corporate Governance

JANUARY 25, 2024

Posted by Mark T. Uyeda, U.S. Securities and Exchange Commission, on Thursday, January 25, 2024 Editor's Note: Mark T. Uyeda is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

124

124

Mckinsey and Company

JANUARY 26, 2024

In this interview, the CIO and the director of infrastructure and user services group at the US Centers for Medicare & Medicaid Services (CMS) emphasize the need to place people—not only technology—at the center of cloud transformations.

Technology 131

Technology 131

Vested

JANUARY 24, 2024

Bayu Prihandito established Life Architekture to help people find their individual paths to success and happiness. We sat down with him to discuss why he felt drawn to life coaching in the first place and how to create a top-quality business culture.

96

96

Law 360 M&A

JANUARY 26, 2024

Water Gremlin Co. told a Delaware bankruptcy judge Friday that it is in talks with environmental regulators to close the sale of its lead battery terminal and fishing sinker plant while it tries to get a handle on what kind of tort liability the plant is leaving it with.

98

98

Harvard Corporate Governance

JANUARY 25, 2024

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Thursday, January 25, 2024 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

124

124

Mckinsey and Company

JANUARY 26, 2024

Today’s changing world calls for bold leadership. Moshik Temkin explores the traits of dynamic leaders in history and how they worked with power—or in opposition to it—to meet the moment.

123

123

Redpath

JANUARY 24, 2024

January 24, 2024 - The House Ways and Means Committee, by a vote of 40-3, recently approved the Tax Relief for Working Families and Workers Act of 2024. The tax framework would restore certain 2017 tax reform business provisions, as well as boost the child tax credit. Surprisingly, the bill overwhelmingly passed through the committee in a show of bipartisan support rarely seen in a tax-focused bill.

94

94

Law 360 M&A

JANUARY 24, 2024

While practicing law and competing in long-distance triathlons can make work and life feel unbalanced at times, participating in the sport has revealed important lessons about versatility, self-care and perseverance that apply to the office as much as they do the racecourse, says Laura Heusel at Butler Snow.

98

98

Harvard Corporate Governance

JANUARY 24, 2024

Posted by Dohyun Kim, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, January 24, 2024 Editor's Note: Dohyun Kim is a Partner at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on her Skadden memorandum. Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders?

Finance 124

Finance Equity Marketability 124

Mckinsey and Company

JANUARY 26, 2024

Senior airline executive and inclusion advocate Michael Swiatek outlines the changes required to enhance travel experiences for those with disabilities.

127

127

N Contracts

JANUARY 22, 2024

What is fourth-party vendor risk and how do you protect your bank, credit union or other financial institution from it? Build a strong vendor management program.

Banking 100

Banking 100

Law 360 M&A

JANUARY 24, 2024

Seyfarth Shaw LLP announced Wednesday that three former Bryan Cave Leighton Paisner LLP partners have joined the firm, two of them to launch its restructuring and insolvency practice.

98

98

Harvard Corporate Governance

JANUARY 24, 2024

Posted by Scott Hirst (Boston University), on Wednesday, January 24, 2024 Editor's Note: Normal 0 false false false EN-US X-NONE AR-SA Scott Hirst is Associate Professor of Law at Boston University. This post is based on an article recently published in the Journal of Corporation Law. Related research from the Program on Corporate Governance includes Big Three Power, and Why it Matters (discussed on the Forum here ), Index Funds and the Future of Corporate Governance: Theory, Evidence and Po

124

124

Mckinsey and Company

JANUARY 25, 2024

Inefficiencies and costly errors continue to plague syndicated-loan operations. Banks that invest in a modern operating model can win customers in this growing market.

Banking 117

Banking Marketability 117

N Contracts

JANUARY 24, 2024

Many fintech companies expect the financial institutions and middleware BaaS aggregators they partner with to bear responsibility for compliance. But as a recent proposal from the Consumer Financial Protection Bureau (CFPB) reminds us, fintechs can’t absolve themselves of this responsibility. They need to take ownership of compliance.

Compliance 90

Compliance 90

Law 360 M&A

JANUARY 22, 2024

Exxon Mobil Corp. is suing activist investors trying to force a shareholder vote over the company's greenhouse gas emission targets, sidestepping the U.S. Securities and Exchange Commission by requesting that a Texas federal judge decide whether the activists' proposal amounts to unwarranted interference in the company's business operations.

98

98

Harvard Corporate Governance

JANUARY 23, 2024

Posted by Adam Kolasinski (Texas A&M University), and Nan Yang (Hong Kong Polytechnic University), on Tuesday, January 23, 2024 Editor's Note: Adam Kolasinski is a Professor of Finance at Texas A&M University, and Nan Yang is an Associate Professor of Finance at the Hong Kong Polytechnic University. This post is based on their working article.

Banking 124

Banking Marketability Finance Compliance 124