Harvard Corporate Governance

OCTOBER 13, 2024

Posted by Ray Garcia, Paul DeNicola, and Catie Hall, PricewaterhouseCoopers LLP, on Sunday, October 13, 2024 Editor's Note: Ray Garcia is a Leader, Paul DeNicola is a Principal, and Catie Hall is a Director at PricewaterhouseCoopers LLP. The 2024 election matters more than usual. This post is based on their PwC memorandum.

Marketability 305

Marketability 305

Harvard Corporate Governance

JUNE 25, 2025

Posted by John Galloway, Vanguard, Inc., on Wednesday, June 25, 2025 Editor's Note: John Galloway is Global Head of Investment Stewardship at Vanguard, Inc. This post is based on a Vanguard report.

Equity 173

Equity 173

IVSC

JULY 30, 2024

We are thrilled to announce that the 2024 Annual General Meeting (AGM) of the International Valuation Standards Council (IVSC) will take place in the vibrant city of Hong Kong. The post IVSC AGM 2024, 20-22 November appeared first on International Valuation Standards Council.

Finance 246

Finance Appraisal 246

Harvard Corporate Governance

MARCH 27, 2024

on Wednesday, March 27, 2024 Editor's Note: Larry Fink is Founder, Chairman and CEO of BlackRock Inc. Posted by Larry Fink, BlackRock Inc., This post is based on Mr. Fink’s annual letter to investors.

Finance 65

Finance Banking Marketability 65

Harvard Corporate Governance

AUGUST 5, 2024

Posted by Simone Hicks, Eric Juergens and Ulysses Smith, Debevoise & Plimpton LLP, on Monday, August 5, 2024 Editor's Note: Simone Hicks and Eric Juergens are Partners, and Ulysses Smith is an ESG Senior Advisor at Debevoise & Plimpton LLP. This post is based on a Debevoise memorandum by Ms. As discussed below, in light of the U.S.

Equity 254

Equity 254

Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Joseph Yaffe, Page Griffin, and Shalom Huber, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, February 15, 2024 Editor's Note: Joseph Yaffe , Page Griffin , and Shalom Huber are Partners at Skadden, Arps, Slate, Meagher & Flom LLP.

Equity 305

Equity 305

Harvard Corporate Governance

JANUARY 14, 2024

Posted by Leah Malone and Emily Holland, Simpson Thacher & Bartlett LLP, on Sunday, January 14, 2024 Editor's Note: Leah Malone is a Partner and Leader of ESG and Sustainability Practice and Emily Holland is a Counsel at Simpson Thacher & Bartlett LLP. This post is based on a Simpson memorandum by Ms. Malone, Ms.

321

321

Harvard Corporate Governance

APRIL 14, 2024

Posted by Matt DiGuiseppe, Maria Castañón Moats, and Paul DeNicola, PricewaterhouseCoopers LLP, on Sunday, April 14, 2024 Editor's Note: Matt DiGuiseppe is Managing Director, Maria Castañón Moats is Leader, and Paul DeNicola is Principal at the Governance Insights Center, PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

Marketability 204

Marketability 204

Harvard Corporate Governance

NOVEMBER 9, 2023

Introduction The current economic environment and geopolitical unrest have created substantial uncertainty as companies prepare annual budgets and long-term forecasts for 2024 and beyond. At the same time, the U.S. more…)

Equity 235

Equity 235

IVSC

JULY 11, 2024

The IVSC has published its 2024 Agenda Consultation, aiming to shape the future of the International Valuation Standards (IVS). Duration and Participation The consultation period is now open for 90 days, concluding on 9 October 2024. The IVSC encourages all interested parties to participate and share their insights.

Technology 189

Technology Intangible Assets Business Valuation 189

Harvard Corporate Governance

JANUARY 3, 2024

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Wednesday, January 3, 2024 Editor's Note: Martin Lipton is a Partner at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell memorandum by Mr. Lipton, Steven A. Rosenblum , Karessa L. Cain , and Carmen X.

269

269

Harvard Corporate Governance

OCTOBER 18, 2024

Posted by Margot McShane and Hetty Pye, Russell Reynolds Associates, on Friday, October 18, 2024 Editor's Note: Margot McShane and Hetty Pye are Co-Leaders of the firm’s Board & CEO Advisory Partners at Russell Reynolds Associates. This post is based on a Russell Reynolds memorandum by Ms. McShane, Ms.

Marketability 246

Marketability 246

Harvard Corporate Governance

JULY 30, 2024

Posted by Jamie Smith, EY, on Tuesday, July 30, 2024 Editor's Note: Jamie C. In 2024 companies secured strong support on key voting items despite increasing complexity. Smith is a Director at EY’s Center for Board Matters. This post is based on her EY memorandum. 1] (more…)

195

195

Harvard Corporate Governance

JUNE 25, 2024

Posted by Rebecca Sherratt, Miles Rogerson, and Will Arnot, Diligent Market Intelligence, on Tuesday, June 25, 2024 Editor's Note: Rebecca Sherratt is a Publications Editor, Miles Rogerson is a Financial Journalist, and Will Arnot is a Senior Editorial Specialist at Diligent Market Intelligence (DMI). In 2023, 76.2% of the 3,000 largest U.S.

Marketability 189

Marketability 189

Harvard Corporate Governance

OCTOBER 16, 2024

Posted by Ray Garcia, Matt DiGuiseppe, and Paul DeNicola, PricewaterhouseCoopers LLP, on Wednesday, October 16, 2024 Editor's Note: Ray Garcia is a Leader, Matt DiGuiseppe is Managing Director, and Paul DeNicola is a Principal at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

212

212

Harvard Corporate Governance

APRIL 18, 2024

on Thursday, April 18, 2024 Editor's Note: Joyce Chen is Associate Editor and Courtney Yu is Director of Research at Equilar, Inc. The 2024 proxy season is in full swing, as public companies are in the process of submitting their proxy statements (DEF14A) to the Securities and Exchange Commission (SEC) ahead of annual shareholder meetings.

200

200

Harvard Corporate Governance

OCTOBER 26, 2024

Posted by Julie Daum and Laurel McCarthy, Spencer Stuart, on Saturday, October 26, 2024 Editor's Note: Julie Daum and Laurel McCarthy are Consultants at Spencer Stuart. This post is based on a Spencer Stuart memorandum by Ms. McCarthy, and Ann Yerger.

173

173

Harvard Corporate Governance

JUNE 13, 2024

Posted by Merel Spierings, The Conference Board, on Thursday, June 13, 2024 Editor's Note: Merel Spierings is a Senior Researcher at The Conference Board. This post was authored by Ms.

Equity 248

Equity 248

Harvard Corporate Governance

JANUARY 30, 2024

Huber, Latham & Watkins LLP, on Tuesday, January 30, 2024 Editor's Note: Paul A. In this context, the fifth annual installment of Latham’s ESG Top 10 Insights highlights the developments and trends we see as likely to define ESG in 2024. Posted by Paul A. Davies, Sarah E. Fortt, and Betty M. Davies , Sarah E. Fortt , and Betty M.

222

222

Harvard Corporate Governance

APRIL 11, 2025

More than 1,800 US CEOs departed their roles in 2024, according to Challenger, Gray & Christmas, which was the highest annual amount since the firm started keeping such records. This post is based on their Meridian Compensation Partners memorandum.

Start-ups 207

Start-ups Technology Marketability 207

Harvard Corporate Governance

FEBRUARY 6, 2024

Posted by Martin Lipton, Karessa Cain, and Carmen Lu, Wachtell, Lipton, Rosen & Katz, on Tuesday, February 6, 2024 Editor's Note: Martin Lipton is a Founding Partner, Karessa Cain is a Partner, and Carmen Lu is Counsel at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell memorandum by Mr. Lipton, Ms.

Equity 226

Equity 226

Harvard Corporate Governance

JANUARY 18, 2025

Through the course of 2024, the development of the ESG and sustainability landscape was dynamic. Posted by Paul Davies and Betty Huber, Latham & Watkins LLP, on Saturday, January 18, 2025 Editor's Note: Paul Davies and Betty Huber are Partners at Latham & Watkins LLP. This post is based on a Latham memorandum by Mr. Davies, Ms.

223

223

Harvard Corporate Governance

OCTOBER 16, 2023

Posted by Laura D. Richman, Mayer Brown LLP, on Monday, October 16, 2023 Editor's Note: Laura D. Richman is a Counsel at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Ms. Richman, Jennifer J. Carlson , Lawrence A. Cunningham , Anna T. Pinedo , and David A.

Corporate Finance 230

Corporate Finance Finance 230

Harvard Corporate Governance

JUNE 17, 2025

The following analysis examines fiscal 2024 proxy statements submitted by Equilar 500 companies—the largest U.S. This analysis follows compensation trends from 2020-2024, offering a comprehensive view of how executive pay has changed over the years in comparison to median employee compensation, as well as a look into gender pay equity.

Equity 182

Equity Marketability 182

Harvard Corporate Governance

JUNE 18, 2025

This is approximately the same number of proposals as were submitted by the same group of proponents during the 2024 proxy season. Approximately 50 (45%) of the 2025 proposals have been voted on to date and, notably, just as in 2024, none of these proposals has received a majority shareholder vote. more…)

297

297

Harvard Corporate Governance

JUNE 26, 2025

SLB 14M represents a pendulum swing between administrations, shifting back to some interpretations prevalent between 2017 and 2020 and away from the guidance in effect from 2021 to 2024.

Corporate Finance 185

Corporate Finance Finance 185

Harvard Corporate Governance

JUNE 14, 2025

Introduction After last year’s resurgence in both the submission rate and success rate of no-action requests for Rule 14a-8 shareholder proposals, the 2025 proxy season * saw a marked surge in the submission of no-action requests, while success rates appear to have remained roughly level with 2024.

Corporate Finance 162

Corporate Finance Finance 162

Harvard Corporate Governance

SEPTEMBER 29, 2024

Posted by Arnaud Cavé, Niamh O’Brien, and Andrea Hearon, FTI Consulting, on Sunday, September 29, 2024 Editor's Note: Arnaud Cavé and Andrea Hearon are Directors and Niamh O’Brien is a Senior Consultant at FTI Consulting. Overview AI is the hot topic of 2024. This post is based on their FTI memorandum.

290

290

Harvard Corporate Governance

MARCH 12, 2025

boards have come away with fewer seats including settlements since its rollout, with the figure decreasing from 176 in 2022 to 161 in 2023 and falling further to 155 in 2024, according to Diligent Market Intelligence (DMI) data. However, activists targeting U.S. more…)

Marketability 173

Marketability 173

Harvard Corporate Governance

MARCH 8, 2025

Today, I am taking action on The Enhancement and Standardization of Climate-Related Disclosures for Investors rule that was adopted by the Commission on March 6, 2024 (the Rule). [1] 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.

Marketability 214

Marketability 214

Harvard Corporate Governance

JUNE 18, 2025

public companies, down from approximately 460 in 2024. Quantitative Snapshot Decreased E&S Filings: As of June 1, 2025, according to proxy advisor ISS , 324 environmental and social [2] shareholder proposals have been submitted across U.S. Roughly 25% have gone to a vote.

Equity 227

Equity Marketability 227

Harvard Corporate Governance

JUNE 12, 2025

Deloitte surveyed 1,500 US-based corporate and private equity professionals in late 2024 to gauge their expectations for M&A activity in the following 12 months and learn more about their experiences with recent transactions (see methodology ). They’re becoming core competencies and the “new normal.” more…)

Equity 113

Equity 113

Harvard Corporate Governance

FEBRUARY 17, 2025

On December 17, 2024, one of the two most influential proxy advisory firms, ISS, released its Proxy Voting Guidelines Benchmark Policy Changes for 2025: US, Canada, and Americas Regional, which provides updates to its voting policies for the 2025 proxy season. This post is based on a Cooley memorandum by Ms.

Equity 113

Equity 113

Harvard Corporate Governance

FEBRUARY 1, 2024

Posted by Anna Restuccia (Harvard Law School), on Thursday, February 1, 2024 Editor's Note: This post provides the text of the post-trial opinion regarding the case between Richard J. against Elon Musk, decided by the Delaware Court of Chancery on January 30, 2024. Tornetta on behalf of Tesla, Inc. Varallo, Glenn R.

EBITDA 338

EBITDA Market Capitalization Equity Marketability 338

Harvard Corporate Governance

JUNE 26, 2024

Posted by Umesh Chandra Tiwari, ESGAUGE, on Wednesday, June 26, 2024 Editor's Note: Paul Hodgson is a Senior Advisor at ESG data analytics firm ESGAUGE. This post relates to a report authored by Mr. Hodgson based on data published by The Conference Board and ESGAUGE. These challenges are also unfolding in the proxy season. more…)

Equity 274

Equity 274

Harvard Corporate Governance

APRIL 15, 2024

Posted by Emma Bichet, Michael Mencher, Beth Sasfai, Cooley LLP, on Monday, April 15, 2024 Editor's Note: Emma Bichet and Michael Mencher are Special Counsels and Beth Sasfai is a Partner at Cooley LLP. The Securities and Exchange Commission (SEC) adopted its long-awaited climate disclosure rules on March 6, 2024.

Compliance 278

Compliance 278

Harvard Corporate Governance

AUGUST 22, 2024

Posted by Subodh Mishra, ISS STOXX, on Thursday, August 22, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. Introduction In the two years to January 2024, almost 700 cyber incidents were reported among Russell 3000 companies in the U.S., impacting more than 10% of the firms.

Technology 278

Technology 278