Mckinsey and Company

SEPTEMBER 30, 2024

A look at how 2024 is unfolding in private markets can help companies plan ahead and find new growth avenues.

Marketability 124

Marketability Equity 124

Harvard Corporate Governance

OCTOBER 22, 2024

Posted by Blake Davidson, FW Cook, on Tuesday, October 22, 2024 Editor's Note: Blake Davidson is a Consultant at FW Cook. Fair value transfer is the aggregate grant date fair value of all long-term incentive awards granted during a given year as a percentage of company market capitalization value at grant and as a percent of revenue.

Market Capitalization 146

Market Capitalization Equity Marketability 146

Musings on Markets

JUNE 2, 2025

Since the ratings downgrade happened after close of trading on a Friday, there was concern that markets would wake up on the following Monday (May 19) to a wave of selling, and while that did not materialize, the rest of the week was a down week for both stocks and US treasury bonds, especially at the longest end of the maturity spectrum.

Risk Premium 116

Risk Premium Marketability Start-ups Risk-free Rate 116

Harvard Corporate Governance

AUGUST 13, 2024

Introduction Publicly traded firms face pressure from equity market investors with short investment horizons. This post is based on their recent article published in the Journal of Financial Economics. This forces companies to make decisions that favor immediate gains over long-term value creation. more…)

Finance 275

Finance Equity Marketability 275

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. With a $55.8

EBITDA 338

EBITDA Market Capitalization Equity Marketability 338

Harvard Corporate Governance

AUGUST 20, 2024

Posted by Danielle Fortier, Alexis Bortniker, and Sonny Allison, Cooley LLP, on Tuesday, August 20, 2024 Editor's Note: Danielle Fortier , Alexis Bortniker , and Sonny Allison are Partners at at Cooley LLP. This post is based on their Cooley memorandum.

Equity 122

Equity Marketability 122

Harvard Corporate Governance

MAY 10, 2024

Posted by Juliane Begenau (Stanford University), and Emil Siriwardane (Harvard Business School), on Friday, May 10, 2024 Editor's Note: Juliane Begenau is an Associate Professor of Finance at Stanford Graduate School of Business, and Emil Siriwardane is an Associate Professor of Business Administration at Harvard Business School.

Equity 131

Equity Finance Marketability 131

Harvard Corporate Governance

FEBRUARY 2, 2024

corporate bond market, holding approximately $1.5 Consequently, fund families managing both equity and bond funds are more likely to hold stocks and bonds from the same company simultaneously (“dual holdings”). In the last decade, investment in corporate bonds has seen a surge through bond mutual funds. publicly traded firms.

Corporate Finance 287

Corporate Finance Finance Equity Marketability 287

Mckinsey and Company

JANUARY 24, 2024

Decision makers looking to get a head start on the private markets should consider ten things.

Marketability 137

Marketability Equity 137

Mckinsey and Company

FEBRUARY 13, 2025

Global uncertainties remained in 2024, but the path forward for private equity became clearer, with a rebound in dealmaking and distributions.

Equity 103

Equity Marketability Corporate Finance Finance 103

Harvard Corporate Governance

JANUARY 19, 2024

Posted by Victor Goldfeld, Mark Stagliano, and Mark Andriola, Wachtell, Lipton, Rosen & Katz, on Friday, January 19, 2024 Editor's Note: Victor Goldfeld and Mark Stagliano are Partners, and Mark Andriola is an Associate at Wachtell, Lipton, Rosen & Katz. The full year saw a 17% decline in global M&A activity compared to 2022.

Finance 159

Finance Marketability Technology Equity 159

Harvard Corporate Governance

FEBRUARY 21, 2024

Posted by Sean Feller, Krista Hanvey, and Christina Andersen, Gibson, Dunn & Crutcher LLP, on Wednesday, February 21, 2024 Editor's Note: Sean Feller and Krista Hanvey are Partners, and Christina Andersen is Of Counsel at Gibson, Dunn & Crutcher LLP. The process arrived at an unfair price.” [3]

Equity 227

Equity EBITDA Market Capitalization Marketability 227

Harvard Corporate Governance

OCTOBER 9, 2023

According to C&DI 120.26, companies, including SRCs, with a December 31 fiscal year-end do not need to provide these annual disclosures until their Form 10-K or 20-F for the fiscal year ending December 31, 2024. Quarterly Disclosures.

Total Shareholder Return 188

Total Shareholder Return Equity Compliance Marketability 188

Global Finance

DECEMBER 9, 2024

The conversation followed up on our discussion last year of the exit of some foreign banks from African markets and the new emphasis this places on the expansion of domestic banks, including pan-African institutions. The continent has started to rebound in terms of growth; 2024 will be better than 2023. We need foreign savings.

Banking 98

Banking Marketability Finance Start-ups 98

Mckinsey and Company

JANUARY 22, 2025

The year ends with political shifts and mixed markets: European equities are flat; US stocks are down. Global interest rates are normalizing, with the Fed and ECB each cutting rates by 25 basis points.

Equity 131

Equity Marketability Corporate Finance Finance 131

Class VI Partner

DECEMBER 19, 2024

Just before summer, we published a midyear M&A update describing the state of the market at the time. That’s still the case as we approach the end of the… Source

Marketability 52

Marketability Equity 52

Global Finance

JUNE 17, 2024

A 10-year veteran at DBS Bank, Karoonyavanich recently expanded his role to cover all Equity Capital Markets business for the bank globally when the firm merged its equities, fixed income and brokerage businesses to form a new Investment Banking unit. Its Hong Kong market share surged from a mere 0.2% in the same period.

Equity 111

Equity Marketability Banking Start-ups 111

Harvard Corporate Governance

APRIL 16, 2024

Posted by Jun Qian (Fudan University), on Tuesday, April 16, 2024 Editor's Note: Jun Qian (QJ) is Professor of Finance and Executive Dean at the Fanhai International School of Finance (FISF), Fudan University. The A share market is the second largest in the world in terms of total market capitalization, trailing only the US equity markets.

Marketability 159

Marketability Finance Market Capitalization Banking 159

Global Finance

MAY 1, 2025

Following a strong performance in the prior year, Islamic financial institutions (IFIs) recorded a steady 2024, with the overall sectors return and total assets at levels similar to their 2023 performance. Previous years saw a notable customer drift from conventional banks to Shariah-compliant institutions, but this trend stabilized in 2024.

Banking 83

Banking Finance Marketability Equity 83

Harvard Corporate Governance

JANUARY 21, 2024

Posted by Colin Wittmer and John Potter, PricewaterhouseCoopers LLP, on Sunday, January 21, 2024 Editor's Note: Colin Wittmer is Deals Leader and John Potter is Deals Clients & Markets Leader at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

Marketability 131

Marketability Technology Equity 131

IVSC

AUGUST 28, 2024

For the first time, the conference jointly organised by the Institute of Valuers and Appraisers Singapore (IVAS) and the International Valuation Standards Council (IVSC), was held in collaboration with the Intellectual Property Office of Singapore (IPOS), coinciding with IP Week @ SG 2024.

Business Valuation 130

Business Valuation Intangible Assets Appraisal Finance 130

Musings on Markets

APRIL 7, 2025

Coming after a few days where the market seemed to have found its bearings (at least partially), it was clear from the initial reactions across the world that the breadth and the magnitude of the tariffs had caught most by surprise, and that a market markdown was coming.

Marketability 93

Marketability Risk Premium Start-ups Equity 93

Harvard Corporate Governance

FEBRUARY 8, 2024

Posted by Greg Pessin, John Sobolewski, and Alana Thyng, Wachtell, Lipton, Rosen & Katz, on Thursday, February 8, 2024 Editor's Note: Gregory Pessin and John Sobolewski are Partners, and Alana Thyng is a Law Clerk at Wachtell, Lipton, Rosen & Katz. Direct lending remained hot, continuing to fill in market gaps.

Finance 131

Finance Debt Financing Marketability Business Valuation 131

Harvard Corporate Governance

SEPTEMBER 20, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 20, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 13-19, 2024 Lying in Corporate Elections Posted by Kai H. Jarkesy , Supreme Court Is 2024 past peak ESG?

Compliance 100

Compliance Equity Marketability 100

Harvard Corporate Governance

JUNE 21, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 21, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of June 14-20, 2024 Developments and Trends in Delaware Officer Exculpation Charter Amendments Posted by Andrew J. Noreuil and Andrew J.

Finance 100

Finance Equity Marketability 100

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.

Finance 131

Finance Equity Marketability 131

Harvard Corporate Governance

JUNE 14, 2024

Riely, Jenner & Block LLP, on Sunday, June 9, 2024 Tags: CISO , cyber disclosure , Cybersecurity , SEC , SEC v. 122 , moelis , S.B. 313 Did Tesla Directors Take a Big Accounting Bet without any Independent Accounting Advice? 122 , moelis , S.B. 313 Did Tesla Directors Take a Big Accounting Bet without any Independent Accounting Advice?

Equity 100

Equity Marketability 100

Harvard Corporate Governance

MAY 17, 2024

Regner, Debevoise & Plimpton LLP, on Monday, May 13, 2024 Tags: Court of Chancery , delaware , Delaware Chancery , Delaware Supreme Court , Disclosure , Inovalon , Nordic Capital Seven Questions about Proxy Advisors Posted by David F.

Compliance 100

Compliance Banking Equity Marketability 100

Harvard Corporate Governance

JUNE 18, 2024

Posted by Kobi Kastiel (Tel Aviv University) and Yaron Nili (University of Wisconsin), on Tuesday, June 18, 2024 Editor's Note: Kobi Kastiel is a Professor of Law at Tel Aviv University and Yaron Nili is a Professor of Law and Smith-Rowe Faculty Fellow in Business Law at the University of Wisconsin Law School.

Equity 112

Equity Marketability 112

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a mid-year M&A update describing the state of the market at the time. That was still the case as 2024 came to a close and 2025… Source That was still the case as 2024 came to a close and 2025… Source

Marketability 52

Marketability Equity 52

Harvard Corporate Governance

AUGUST 30, 2024

Posted by James Crowe, Council of Institutional Investors, on Friday, August 30, 2024 Editor's Note: James Crowe is the Research Manager at the Council of Institutional Investors. This post is based on a research article by the Council of Institutional Investors Research and Education Fund. more…)

Equity 221

Equity Marketability 221

Harvard Corporate Governance

FEBRUARY 12, 2024

Posted by John Kelsh, Claire Holland, and Christine Duque, Sidley Austin LLP, on Monday, February 12, 2024 Editor's Note: John Kelsh is a Partner, Claire Holland is Special Counsel, and Christine Duque is a Senior Managing Associate at Sidley Austin LLP. companies for 2024, as follows: Executive Severance Arrangements and Golden Parachutes.

Equity 122

Equity Marketability 122

Musings on Markets

OCTOBER 4, 2023

That recovery notwithstanding, uncertainties about inflation and the economy remained unresolved, and those uncertainties became part of the market story in the third quarter of 2023. The Markets in the Third Quarter Coming off a year of rising rates in 2022, interest rates have continued to command center stage in 2023.

Marketability 123

Marketability Start-ups Risk Premium Treasury 123

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a midyear M&A update describing the state of the market at the time. Therein we highlighted the flight to quality we noticed among private equity and corporate buyers: they were generally more conservative on valuations but bidding aggressively on companies with the strongest business fundamentals.

Marketability 52

Marketability Equity 52

Class VI Partner

JANUARY 20, 2025

In late spring 2024, we published a midyear M&A update describing the state of the market at the time. Therein we highlighted the flight to quality we noticed among private equity and corporate buyers: they were generally more conservative on valuations but bidding aggressively on companies with the strongest business fundamentals.

Marketability 52

Marketability Equity 52

Musings on Markets

FEBRUARY 8, 2024

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. trillion during the course of the year.

Marketability 141

Marketability Market Capitalization Start-ups Equity 141

Harvard Corporate Governance

NOVEMBER 8, 2023

Related research from the Program on Corporate Governance includes The Law and Economics of Equity Swap Disclosure (discussed on the Forum here ) by Lucian Bebchuk; The Law and Economics of Blockholder Disclosure (discussed on the Forum here ) by Lucian Bebchuk and Robert J. Steele are Partners at McDermott Will & Emery LLP.

Compliance 212

Compliance Equity Marketability 212