Harvard Corporate Governance

AUGUST 10, 2022

companies (enterprise value greater than $1 billion) purchased by private equity firms between 2010 and 2016. We augment the work on public company CEOs by studying the market for CEOs among larger U.S. We find that 71% of those companies hired new CEOs under private equity ownership.

Equity 265

Equity Marketability Private Equity Firm Enterprise Value 265

Harvard Corporate Governance

MARCH 18, 2023

This is the conception of corporate purpose articulated in The New Paradigm (issued by the World Economic Forum’s International Business Council in 2016), supported by the Business Roundtable beginning in 2019, and widely accepted by corporate leaders, investors, companies, and practitioners.

233

233

Harvard Corporate Governance

MAY 30, 2023

firms, exploiting the laws’ staggered adoption by nine states between 2000 and 2016. To inform this question, we investigate the corporate opportunity waiver laws’ net effect on a large panel of publicly traded U.S. more…)

Finance 243

Finance 243

Harvard Corporate Governance

MAY 20, 2022

1] The SEC alleges that between 2016 and 2019 Vale manipulated safety audits, evaded local oversight and fraudulently misled investors in public filings regarding its adherence to international standards for dam safety.

Data Analysis 235

Data Analysis Compliance 235

Harvard Corporate Governance

MARCH 28, 2022

public firms from 1988 to 2016, we first document that most top shareholders of the acquiring firms also hold shares across a significant number of non-merging industry rivals of the merging firms. Using a sample of horizontal mergers between U.S.

Finance 255

Finance 255

Harvard Corporate Governance

AUGUST 8, 2022

The new rules contain only slight modifications from rules the SEC first proposed in October 2016. When the SEC reopened the public comment period in 2021, members of Sidley’s Shareholder Activism & Corporate Defense Practice sent a formal comment letter to the SEC regarding the proposed rules.

222

222

Harvard Corporate Governance

AUGUST 18, 2022

Our sample consists of top executives across 31 countries over the 2004-2016 period. The corporate executive labor market is one in which the pool of people with appropriate talent and skill is limited relative to the demand, creating significant competition.* We focus on three primary culture categories.

Finance 240

Finance Marketability 240

Harvard Corporate Governance

APRIL 19, 2023

Whether they will cause companies, dissidents, proxy advisors, and shareholders to change their behavior in proxy contests has been hotly debated by market participants and observers since even before the universal proxy card rule was originally proposed by the Securities and Exchange Commission (SEC) in 2016.

Start-ups 257

Start-ups Marketability 257

Harvard Corporate Governance

OCTOBER 19, 2022

4] However, such exceptions were not universal and, as will be discussed below, the vast majority of dual-class charters adopted before 2016 that contained transfer restrictions did not include M&A voting agreement carve outs. more…).

Equity 259

Equity Capital Structure 259

Harvard Corporate Governance

NOVEMBER 2, 2022

Our survey loosely follows the framework used by Gompers, Kaplan, and Mukharlyamov (2016 and forthcoming) for PE GPs and Gompers, Gornall, Kaplan and Strebulaev (2020 and 2021) for venture capital (VC) GPs. more…).

Banking 220

Banking Equity Marketability Finance 220

Gross Mendelsohn

FEBRUARY 6, 2024

The issuance and implementation of the FASB not-for-profit financial presentation standard, Accounting Standards Update (ASU) 2016-14, back in 2016 resulted in changes to the presentation of GAAP-based financial statements for nonprofits.

105

105

Harvard Corporate Governance

MARCH 5, 2023

Beginning in 2016, McDonald’s faced public scrutiny concerning sexual harassment and retaliation allegations, and restaurant workers filed complaints with the U.S. Easterbrook allegedly pursued intimate relationships with staff, and Fairhurst purportedly failed to address complaints about misconduct by executives and employees.

203

203

ThomsonReuters

MAY 5, 2022

In a dispute over an insurer’s interpretation of a health plan provision incentivizing use of generic drugs, a federal appeals court has held that the regulation establishing an “embedded” individual cost-sharing limit under the Affordable Care Act (ACA) does not apply before January 1, 2016.

98

98

Global Finance

DECEMBER 5, 2024

billion, reducing it to 2016 levels. Close observers blame the company for skipping evaluations, rushing production and not exploring deepwater regions or unconventional deposits. The companys total debt fell to $97.3 We have to fix Pemex, Sheinbaum said at a press conference.

Finance 109

Finance 109

Harvard Corporate Governance

APRIL 27, 2022

more…).

203

203

Appraisers Blog

AUGUST 30, 2024

I do have fees in our records from 2015, 2016 which are higher than they are now for appraisers but not many examples. In reply to Mike Irvine. As we get more data we will see what we can do here. The more we get the better.

Appraisal 98

Appraisal Compliance 98

Harvard Corporate Governance

NOVEMBER 17, 2022

Specifically, the featured class action lawsuit against was settled in 2005, and the related controversial topic was also reported by a New York Times article in 2016. Dark Waters rakes up DuPont’s past scandal that has been public information years before its release.

Marketability 190

Marketability Compliance 190

NYT M&A

SEPTEMBER 12, 2023

Softbank’s chief executive, Masayoshi Son, believes the chip design company he bought in 2016 is poised to reap the fruits of the A.I. revolution.

Mergers & Acquisitions 100

Mergers & Acquisitions 100

Appraisers Blog

OCTOBER 28, 2024

This fictitious campaign started on the Democratic political stump for President in 2016. Since then it has become a snowball rolling downhill. There is no evidence, only accusations and consumers being coached to claim bias if appraisal values do not meet their expectations.

Appraisal 98

Appraisal 98

Financial Times M&A

OCTOBER 20, 2022

Advocate general backs Brussels in examination of decision to block proposed £10.5bn O2-Three merger in 2016

97

97

NYT M&A

MARCH 16, 2023

Mint Mobile, which launched in 2016, is known as a cheaper alternative to expensive mobile plans. The actor Ryan Reynolds purchased an ownership stake in the company in 2019.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

Law 360 M&A

JUNE 23, 2022

A Delaware Chancery Court litigation reserve compromise has potentially freed up another $360.4 million for former Yahoo Inc. stockholders still waiting for the balance of their cashout following Yahoo's acquisition by Verizon Inc.

98

98

LaPorte

JUNE 2, 2022

In early 2016, the Financial Accounting Standards Board (FASB) released new guidance on how businesses should account for leases. That new standard went into effect… The post Accounting for Leases in 2022 first appeared on LaPorte.

98

98

Law 360 M&A

OCTOBER 11, 2023

acquisition in 2016 pled guilty to securities fraud and conspiracy charges Wednesday, days before he was set to stand trial in the case. A third person charged with insider trading ahead of a planned Analog Devices Inc.

98

98

Law 360 M&A

MAY 27, 2022

Attorneys for Yahoo's former parent told a Delaware vice chancellor on Friday that recent events in two Canadian courts support drastically reducing an $800 million holdback for future court settlements with Canadian subscriber victims of privacy breaches between 2013 and 2016.

98

98

Appraisers Blog

JANUARY 30, 2024

YEP took some extra time to provide meaningful business information from years 2016 – 2023. So important because that is indicative of what we all experienced since 2016 (remember my comments as to what is fair and not what you were charging 10 years ago). Finally we are getting a meaningful dialougue from the worker bees.

Banking 98

Banking 98

Gross Mendelsohn

DECEMBER 27, 2023

It has been quite some time since Maryland’s general assembly passed MarylandSaves in 2016. After much delay, Maryland finally put its retirement vehicle into motion on September 15, 2022 , in the form of a Roth IRA account.

105

105

Business Wire M&A

JUNE 9, 2025

Founded in 2016, SunRoof has emerged as a leading renewable energy provider for comme The Fund acquired a controlling stake in SunRoof, a Latin American renewable energy platform with operations in Mexico and Chile.

Private Equity Firm 74

Private Equity Firm Equity 74

Harvard Corporate Governance

JULY 19, 2023

When first published, The New Paradigm recognized the emerging recalibration of corporate governance as a collaboration among corporations, shareholders and other stakeholders working together to achieve long-term value and resist short-termism.

Equity 189

Equity 189

The Guardian M&A

SEPTEMBER 14, 2023

The company, owned privately by Japanese investor SoftBank since 2016, priced its shares at $51 each and sold 95.5m shares, raising $4.87bn for Softbank. Continue reading.

Firm Value 100

Firm Value Marketability Technology 100

Benzinga

JULY 11, 2024

What Happened : SoftBank, led by Masayoshi Son , has acquired Graphcore, a startup focused on AI, founded by UK semiconductor industry veterans in 2016. (OTC: SFTBF ) (OTC: SFTBY ) led by has announced the acquisition of Graphcore , a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities.

Equity 114

Equity Marketability 114

Business Wire M&A

MARCH 8, 2023

Indiana-based Genesis Plastics Welding is an ISO 13485-certified:2016 thermoplastics contract manufacturer providing world-class medical device innovation and collaboration through radio frequency (RF) welding and heat-sealing. Vonco is on a mission to create mor

98

98

Gross Mendelsohn

JULY 21, 2022

It seems like ancient history, but back in 2016, Maryland passed a law requiring any covered employer (i.e., one that didn’t have its own retirement plan and used a payroll system or service) to participate in the Maryland Small Business Retirement Savings Program - MarylandSaves.

98

98

Benzinga

OCTOBER 26, 2024

Endeavor acquired a majority stake in April 2016. Most of IMG’s other assets were included in a transaction announced on Thursday with TKO Group Holdings Inc (NYSE: TKO ), the parent company of Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE). The Raine Group is advising Endeavor.

Equity 103

Equity Marketability 103

Benzinga

MAY 2, 2022

The acquisition is the largest that Berkshire has made since 2016, but ranks behind its previous $37-billion acquisition of Precision Castparts. billion, at $842.02 The famed investor is known for taking rather large stakes in companies he feels are undervalued, but shares of common stock isn’t the end of the line for Buffett.

98

98

ThomsonReuters

DECEMBER 15, 2022

EBIA Comment: The proposal also included a renewed request for comments on regulations proposed in 2016 regarding, among other things, reporting for catastrophic plans and the possible use of truncated TINs (see our Checkpoint article ).

98

98

Harvard Corporate Governance

JUNE 25, 2023

At a January 2016 meeting of Oracle’s board of directors, Oracle management identified Netsuite Corporation as a potential takeover target. Companies and corporate practitioners considering a potentially conflicted transaction can look to Oracle for guidance about how to successfully navigate such a transaction and avoid pitfalls.

145

145