Harvard Corporate Governance

DECEMBER 21, 2023

Normal 0 false false false EN-US X-NONE X-NONE Over the last several years, companies, shareholders and regulators have focused increasing attention on three areas of investment risk: environmental, social and governance (ESG).

Marketability 133

Marketability 133

Appraisers Blog

MAY 7, 2024

None are appraiser’s, so all the have to go on is did we violate USPAP. In reply to Eric Kretz. Do you want to know something…The appraisal board member in the state of WA of folks that could not pass the AQB qualifying test. IN this case, they would be very hard pressed to find anything that would be in violation of USPAP.

Appraisal 98

Appraisal 98

Harvard Corporate Governance

JANUARY 17, 2024

Normal 0 false false false EN-US X-NONE X-NONE On November 8, 2023, I had the honor of guest lecturing Professor Jesse Fried’s Harvard Law School M&A Litigation Class. This post was prepared for the Forum by Mr. Lebovitch and is part of the Delaware law series ; links to other posts in the series are available here.

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Harvard Corporate Governance

DECEMBER 18, 2023

Normal 0 false false false EN-US JA X-NONE The Principles of Responsible Investment (PRI) is the largest responsible investor network globally. Bebchuk and Scott Hirst. It has 738 asset owner signatories, including the largest in the world, the Government Pension Investment Fund (GPIF) of Japan.

Finance 223

Finance 223

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. Bebchuk, Alma Cohen, and Scott Hirst.

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133

Harvard Corporate Governance

JANUARY 8, 2024

Normal 0 false false false EN-US X-NONE AR-SA The Program on Corporate Governance at Harvard Law School (HLS) is seeking applications from highly qualified candidates who are interested in working with the Program as Post-Doctoral or Doctoral Corporate Governance Fellows.

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Harvard Corporate Governance

DECEMBER 11, 2023

Normal 0 false false false EN-US X-NONE AR-SA The Dodd-Frank Act, passed in 2010, directed the SEC to tighten the reins on private equity and hedge fund advisers by setting up a monitoring and reporting system. Strine, Jr. When the SEC proposed new rules to implement the Act’s mandate, it triggered a wave of criticism.

Compliance 275

Compliance Equity 275

Harvard Corporate Governance

NOVEMBER 29, 2023

Normal 0 false false false EN-US X-NONE HE In an era of “founder-friendly” startup governance, dual-class stock, and technology companies dominating public markets, founder-CEOs are both admired as visionaries and feared as potential governance problems. Bebchuk , Yaniv Grinstein, and Urs Peyer.

Technology 229

Technology Marketability 229

Harvard Corporate Governance

NOVEMBER 13, 2023

Normal 0 false false false EN-US X-NONE AR-SA In 2021, Professor Larry Hamermesh and former Court of Chancery and Delaware Supreme Court judges Leo Strine and Jack Jacobs (together, the “ MatchMakers ”) wrote an article titled Optimizing the World’s Leading Corporate Law: A 20-Year Retrospective and Look Ahead (hereinafter “ Optimizing ”). [1]

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Harvard Corporate Governance

NOVEMBER 4, 2023

Normal 0 false false false false EN-US X-NONE AR-SA TheFAQsofferpracticaladviceforlistedcompaniesimplementingcompliantpolicies. Related research from the Program on Corporate Governance includes Rationalizing the Dodd-Frank Clawback (discussed on the Forum here ) by Jesse Fried.

Compliance 273

Compliance 273

JPAbusiness

OCTOBER 3, 2023

When considering whether to support your business, a bank, financier or equity investor focuses on three S’s : Servicing Security Surety None of these factors are completely controllable, but they are strongly influenced by your actions as a business owner.

Banking 84

Banking Equity Finance 84

Appraisers Blog

MARCH 26, 2024

There were none who would want to save this profession. I am sorry for all of you. There are many who do good thing, even more standing by, but if all the efforts would be organized, the results would be much better. I am sorry to see the struggle of this profession. It is not necessary.

Appraisal 78

Appraisal 78

Appraisers Blog

MAY 2, 2024

In reply to Mariateresa V. So you worked for a local government agency which operated differently than independent appraisers at large. There is no comparison. Working for the local government agency is great and you were part of a union with a contract with the county. Again, no comparison at all to the real world of independent appraisers.

Appraisal 66

Appraisal 66

Harvard Corporate Governance

JANUARY 8, 2024

Normal 0 false false false PT-BR X-NONE HE This article provides an overview of the evolution of corporate governance (CG) in Brazil, over the decade from 2010-2019. Bebchuk, Alma Cohen, and Allen Ferrell; and Learning and the Disappearing Association between Governance and Returns (discussed on the Forum here ) by Lucian A.

Finance 154

Finance 154

Appraisers Blog

MARCH 6, 2024

Maintain your integrity and hang on, Lyle Rieke (Fannie) has none. Pay attention to announcements of failing banks and then look at how the big banks are doing -[link] – Ask yourself why would the financial services industry have as their mission statement to reduce appraisal fees to 10 years ago and encourage 3rd party inspections.

Appraisal 71

Appraisal Banking 71

Appraisers Blog

MARCH 28, 2024

How come none of the prohibitions don’t conform to VEVRAA? In reply to Maureen Sweeney. I know VEBRAA was intended to affirmatively apply to hiring practices, but once a group is designated as a protected class of individuals, then it seems to follow that it would apply to all FHAct issues as well.

Appraisal 75

Appraisal 75

Harvard Corporate Governance

AUGUST 15, 2023

The banking regulatory regime features none of these regulatory basics. Financial regulatory agencies do not rely on appropriations by Congress; rather, their budgets are generated by the fees they impose on banks, and in the case of the Federal Reserve System, profits that come from buying and selling government debt.

Banking 189

Banking Marketability 189

Harvard Corporate Governance

APRIL 22, 2024

Yet, no explanation has gained consensus among scholars and, indeed, this article claims that none of the current explanations is convincing. What is the justification for the U.S. corporate tax? Scholars have provided various potential explanations for this question.

Marketability 140

Marketability 140

Appraisers Blog

FEBRUARY 17, 2024

The AMC industries is going to run out of steam, for the same reasons that none of you are working; or, they are going to convinced some of you, who are near retirement to go to work for them, and allow your license to be reciprocated across the country and pay you next to nothing. One of two things is going to happen.

Appraisal 93

Appraisal 93

Harvard Corporate Governance

NOVEMBER 2, 2023

Normal 0 false false false EN-US X-NONE AR-SA The Securities & Exchange Commission (“SEC”) is poised to adopt a controversial set of new disclosure mandates related to climate change, and pressure is on for the SEC to adopt additional ESG disclosure mandates. Strine, Jr.

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Harvard Corporate Governance

JUNE 28, 2023

None of these proposals have passed. Among the various anti-ESG proposal categories, those focused on social topics have seen a significant increase: a 46% rise in submissions (67 in 2023 to-date compared to 46 in 2022).

Equity 235

Equity 235

Harvard Corporate Governance

JANUARY 12, 2024

Posted by Jalal Sani (University of Illinois Urbana-Champaign), Nemit Shroff (MIT), Hal White (University of Notre Dame), on Friday, January 12, 2024 Editor's Note: Normal 0 false false false EN-US X-NONE AR-SA Jalal Sani is Assistant Professor of Accountancy at the University of Illinois Urbana-Champaign; Nemit Shroff is the School of Management Distinguished (..)

Equity 133

Equity Marketability 133

Exit Strategy

FEBRUARY 2, 2024

Unfortunately, none of us are invincible. But that faith and certainty can also make them feel invincible. Every business downturn will be the last, every new year will be another record, and every good leader retires happily with their family. And if you’re […] The post Will your business survive losing you?

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52

Harvard Corporate Governance

NOVEMBER 9, 2022

This has meant that shareholders have had “an all or none choice” – vote the management proxy card (that would not have dissident slate names) or the dissident proxy card (that would only have dissident slate names).

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229

Appraisers Blog

APRIL 9, 2024

While many organizations talk the talk, none walk the walk. Between high interest rates and low-ball appraisal bids, my company did 75% less business than normal in 2023. Luckly, the wife and I have six retirements between us, so appraising is not a necessity to survive. Yet here we are.

Appraisal 69

Appraisal 69

Appraisers Blog

DECEMBER 28, 2023

Don’t worry, the planned economic collapse is right around the corner and if we don’t turn this around soon, none of this will even be relevant in about a year or so. In this brave new world it is now considered discriminatory if a borrower does not pay over 100% of the market value for real property.

Appraisal 69

Appraisal Marketability 69

Appraisers Blog

OCTOBER 23, 2023

I have had agent block from getting work in a specific county because none of their ROV’s has any substantial data to support the listing price, nor the sales contract price with stories of “knowing” they could get it and therefore it must be worth it to ridiculous price grabs that anyone would laugh at, but them.

Appraisal 66

Appraisal 66

Harvard Corporate Governance

AUGUST 3, 2023

However, none of the social subcategories (e.g., Notably, in 2021, activist investor Engine No. 1 succeeded in pushing for new directors on ExxonMobil’s board to reduce its carbon footprint, garnering support from major institutional investors like BlackRock, State Street, and Vanguard. more…)

Finance 189

Finance Marketability 189

Harvard Corporate Governance

MAY 1, 2023

companies were among the first to propose a Say on Climate vote via the shareholder resolution process in 2021, none of these proposals were approved, with support ranging from 7% to 39%. United States The most stark example of investor skepticism is in the United States. While shareholders of U.S. companies in 2022.

Marketability 229

Marketability 229

Appraisers Blog

JANUARY 17, 2024

$3 reviews, convicted felons doing DEI sting operations for gov’t GSE’s, USPOOP entrapments, AI & AVM replacing appraisers… how delightful this profession has become. It would be awesome if ALL licensed and certified appraisers gave everyone the middle finger for 30 days and didn’t complete any valuations.

Appraisal 54

Appraisal Banking 54

Essentials of Corporate Finance

FEBRUARY 11, 2024

Investors were none too pleased as the stock dropped from $10.38 With high interest rates, New York City rent control policies, and changing demand for commercial real estate in New York City, investors are concerned about the bank's future performance. 05, a 70 percent cut. to $6.47, a 37 percent fall in one day.

Dividends 52

Dividends Banking 52

Appraisers Blog

JANUARY 30, 2024

you should not be talking total fee, but hourly rates so that there is a uniform/relevant comparison. Arbitrary “base fees” are not a good basis for comparison.

Comps 59

Comps Appraisal 59

Appraisers Blog

FEBRUARY 6, 2024

If you get you fee, it’s none of your business what the Lender and AMC charge. In reply to Spencer Paul. So you only want to control the following. Your Fee 2. The AMC Fee 3. The Lender Fees to borrowers.

Appraisal 53

Appraisal 53

Harvard Corporate Governance

NOVEMBER 21, 2023

Normal 0 false false false EN-US X-NONE AR-SA The number of public corporations in the S&P 500 Index getting scores of 90 percent or better, called Trendsetters, jumped from 89 last year to a record 100 now, according to data in the 2023 CPA-Zicklin Index of Corporate Political Disclosure and Accountability.

Technology 133

Technology 133

Harvard Corporate Governance

MARCH 7, 2024

Your professionalism, expertise, and dedication are surpassed by none, and it is a privilege to work with you in service of the public. Introduction Good morning and welcome. I want to start by thanking the hard-working staff of the Securities and Exchange Commission.

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124

Harvard Corporate Governance

JUNE 29, 2022

million fine, a cease-and-desist order, and censure for violations of various Investment Advisers Act antifraud provisions—none of which require a finding of scienter—and for lacking policies and procedures “reasonably designed to prevent the inclusion of untrue statements of fact” in their various disclosures. The adviser agreed to a $1.5

Compliance 222

Compliance Marketability 222

Appraisers Blog

MARCH 1, 2024

None of the amcs I work with will not allow trainees to inspect the property without being accompanied by a higher licensed appraiser. In reply to Lamarr Banks. You are correct! Trainees would be perfect for this. When they started this it did not make sense then and it does not make sense now.

Appraisal 62

Appraisal Banking 62