Sat.Jul 15, 2023 - Fri.Jul 21, 2023

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

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
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

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

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

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

Global Economics Intelligence executive summary, June 2023

Mckinsey and Company

Global executives more positive; consumer confidence improving but low; emerging economies rebound; Fed pauses rate hikes as ECB raises rates by 25 basis points; inflation low in India and Brazil.

More Trending

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

Stakeholder Capitalism’s Greatest Challenge: Reshaping a Public Consensus to Govern a Global Economy

Harvard Corporate Governance

Posted by Michael P. Klain (Wachtell Lipton Rosen & Katz) and Leo E. Strine Jr. (University of Pennsylvania), on Thursday, July 20, 2023 Editor's Note: Michael P. Klain is an Associate at Wachtell Lipton Rosen & Katz, and Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the Sta

article thumbnail

Author Talks: How educators can avoid burnout and embrace self-care

Mckinsey and Company

It’s arguably never been tougher to be a teacher. In a new book, educator Jamie Sears helps teachers navigate the classroom, manage relationships with parents, and define what success is.

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

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

Advancing advisory services with the Thomson Reuters Advisory Report Quiz

ThomsonReuters

As technology continues evolving, the demand for advisory services has grown exponentially. Many firms have found themselves needing to stay up-to-date with the latest trends and technologies in order to remain competitive in the market. In response, Thomson Reuters has created an Advisory Report Quiz as an easy way for CPA advisors to assess where their firm stands in its advisory journey and take actionable steps towards elevating their practice.

article thumbnail

Testimony at the Committee on Financial Services’s hearing: “Oversight of the Proxy Advisory Industry”

Harvard Corporate Governance

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Wednesday, July 19, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on the testimony of Steven Friedman , General Counsel at Institutional Shareholder Services. My name is Steven Friedman, and I am the General Counsel of ISS.

article thumbnail

Acquiring the advantage in a fast-evolving industry

Mckinsey and Company

As Nigeria’s vast network of small and medium-size enterprises increasingly look to digitalize payments, merchant acquiring is offering increasingly attractive prospects to banks and fintechs alike.

Banking 98
article thumbnail

The Tremendous Value of Internal Audit’s Insight

Internal Audit 360

GUEST BLOG POST A few years ago, I was privileged to be a member of the Institute of Internal Auditors’ Relook Task Force. It had a couple of objectives, including reviewing the Definition of Internal Audit (which it decided did not require updating, although we did decide to add a Mission of Internal Audit ), and answering the question of whether the IIA’s International Standards for the Professional Practice of Internal Auditing should be principle or rules based.

97
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

What is a Third-Party Vendor? Ncontracts

N Contracts

A third-party vendor refers to any external organization that engages in business activities with your financial institution. This includes everyone from your core provider and loan origination software to your outside counsel and the company that prints account statements.

97
article thumbnail

Law and Stock Market Development in the UK Over Time: An Uneasy Match

Harvard Corporate Governance

Posted by Brian R. Cheffins (University of Cambridge), on Monday, July 17, 2023 Editor's Note: Brian Cheffins is the S. J. Berwin Professor of Corporate Law at the University of Cambridge. This post is based on a recent paper , co-authored with Bobby Reddy , also of the University of Cambridge, and forthcoming in the Oxford Journal of Legal Studies.

article thumbnail

Why Asian insurers are ideally positioned for embedded market gains

Mckinsey and Company

Supportive regulations, intensifying competition, digital-savvy consumers, and a coverage gap have created favorable conditions for Asian insurers to consider embedded-insurance opportunities.

article thumbnail

Appraiser Newsroom - Untitled Article

Appraiser Newsroom

By SEAK, as seen on seak.com. The requirements to be an expert witness can be broken down into two categories – the legal requirements for being an expert witness and perhaps more importantly, the practical requirements for being an expert witness. Legal Requirements for providing Expert Witness Services The legal requirements for being an expert witness are fairly minimal.

article thumbnail

House Republicans Urge FTC To Abandon Antitrust Case Against Microsoft's Activision Acquisition

Benzinga

Twenty-two Republican members of the U.S. House of Representatives have jointly written a letter urging the Federal Trade Commission (FTC) to put an end to its ongoing legal dispute with Microsoft Corporation (NASDAQ: MSFT ) concerning the potential takeover of Activision Blizzard Inc. (NASDAQ: ATVI ). Addressed to FTC Chair Lina Khan , as well as Commissioners Rebecca Kelly Slaughter and Alvaro M.

95
article thumbnail

Revisiting The New Paradigm

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, July 19, 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, Steven A. Rosenblum , Karessa L.

Equity 189
article thumbnail

The McKinsey Crossword: Career Center | No. 137

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

96
article thumbnail

Market Resilience or Investors In Denial? A Mid-year Assessment for 2023!

Musings on Markets

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis. At the start of the year, the consensus of market experts was that this would be a difficult year for markets, given the macro worries about inflation and an impending recession, and adding in the fear of the Fed raising rat

article thumbnail

Sullivan & Worcester Names New Managing Partner In NY

Law 360 M&A

Sullivan & Worcester LLP has promoted the head of its New York office's corporate practice to managing partner of the office, the firm announced Wednesday.

98
article thumbnail

Disney: Speaking Out on Issues of Social Significance Within Board’s Business Judgment

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Tuesday, July 18, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum, and is part of the Delaware law series ; links to other posts in the series are available here. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

189
189
article thumbnail

Applied AI: Six growth considerations for private markets

Mckinsey and Company

As applied AI heats up, we identified key six findings for stakeholders, including investors, to keep in mind as they think about companies in the industry.

article thumbnail

What Happened With the Debt Limit?

Machen McChesney

The issue of raising the debt limit has been resolved, at least until January 2025, and we can all breathe easier now that the United States can continue to pay its debts. Hopefully, in the future, Congress will find a way to eliminate this boondoggle or at least work around it, as was done under 1979’s Gephardt Rule.

82
article thumbnail

Negotiating with a Noob M&A Target? Go Easy on Them, says Delaware Chancery

National Law Review M&A

Litigation Practice Group Proskauer Jurisdiction: Delaware Type of Law: Mergers & Acquisitions Corporate & Business Organizations Litigation / Trial Practice Antitrust & Trade Regulation

81
article thumbnail

BlackRock to Expand Proxy Voting Choice to Its Largest ETF

Harvard Corporate Governance

Posted by Joud Abdel Majeid, Salim Ramji and Jessica Burt, BlackRock Inc., on Friday, July 21, 2023 Editor's Note: Joud Abdel Majeid is a Senior Managing Director and is the Global Head of Investment Stewardship, Salim Ramji is a Senior Managing Director and is Global Head of iShares and Index Investments, and Jessica Burt is Head of Global Platform and Business Strategy for Investment Stewardship, at BlackRock Inc.

Equity 188
article thumbnail

Higher ed is consolidating, transforming the sector

Mckinsey and Company

Enrollment challenges and financial strain are testing the viability of higher education. Strategic alliances offer a path forward, when undertaken with care.

95
article thumbnail

A Multitude of Reasons to Obtain an Updated Business Appraisal

BV Specialists

Determining if you need to engage with an independent professional business appraiser will commonly arise when you are looking to purchase or sell a business. However, the fact is there are several other reasons an objective third-party appraisal is a great idea, and quite possibly a requirement to move forward with a transaction or to aid in a situation where a dispute may arise.

article thumbnail

Four Things to Know About Family Office Compensation and Talent

National Law Review M&A

In an increasingly competitive market for sophisticated and experienced professional and investment talent, family offices are seeking and applying new approaches to attract and retain top level executives.

article thumbnail

What Constitutes a Sale of “All or Substantially All” of a Company’s Assets

Harvard Corporate Governance

Posted by Gail Weinstein, Amber Banks, and Roy Tannenbaum, Fried, Frank, Harris, Shriver & Jacobson LLP, on Saturday, July 15, 2023 Editor's Note: Gail Weinstein is Senior Counsel, Amber Banks and Roy Tannenbaum are Partners at Fried, Frank, Harris, Shriver & Jacobson LLP. This post is based on a Fried Frank memorandum by Ms. Weinstein, Ms. Banks, Mr.

Banking 189
article thumbnail

What is psychological safety?

Mckinsey and Company

Psychological safety is the absence of interpersonal fear. Feeling psychologically safe allows people to perform their best at home, school, and work.

98
article thumbnail

Demystifying Nonprofit Cost Allocations

Machen McChesney

When asked what is at the top of their finance department’s “to-do” list, many nonprofits name the need for an updated cost allocation plan. An effective cost allocation strategy is essential to organizations’ understanding of how their resources are being deployed. It is also integral to performing cost analyses, such as evaluating funding requirements and comparing actual versus budgeted costs.

Finance 78