Harvard Corporate Governance

JULY 20, 2022

Eccles is Visiting Professor of Management Practice, and Kazdi Soonawalla is a Senior Research Fellow in Accounting at Oxford University Said Business School. This post is based on the first part of a three-part series on financial reporting by Professor Eccles and Professor Soonawalla. It is also a complex and confusing one.

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Harvard Corporate Governance

MARCH 26, 2023

Each company must navigate its own uniqueness related to its organizational structure, global reach, environmental impact, business circumstances, and industry requirements. Given the proposed SEC rule on climate risk disclosure, reporting could transition quickly from voluntary to required. more…)

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361

Harvard Corporate Governance

NOVEMBER 20, 2022

This post is based on a The Sustainability Board Report and Egon Zehnder memorandum by Mr. Otto, Ms. Boards know that environmental, social, and governance (ESG) goals can no longer be an afterthought, way down the agenda after financial governance and performance. De Renzy Channer, and Mr. Summerfield.

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Harvard Corporate Governance

AUGUST 2, 2022

Eccles is Visiting Professor of Management Practice and Kazbi Soonawalla is a Senior Research Fellow in Accounting at Oxford University Said Business School. This post is based on the third part of a three-part series on financial reporting by Professor Eccles and Dr. Soonawalla. They do this in three ways. more…).

Banking 219

Banking 219

Harvard Corporate Governance

SEPTEMBER 9, 2023

Earlier this week, the SEC announced settled enforcement actions against five companies for deficient disclosure in Forms 12b-25 that they filed regarding late reports. On the heels of filing those Forms 12b-25, the companies announced financial restatements or corrections that were not even alluded to in those late notification filings.

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Redpath

APRIL 24, 2024

However, his decision applied only to the plaintiffs in the case: the National Small Business Association (NSBA) and its members. While this litigation is ongoing, the Financial Crimes Enforcement Network (FinCEN) will continue to implement the Corporate Transparency Act for all other reporting companies.

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Harvard Corporate Governance

DECEMBER 27, 2023

The FASB has announced a final Accounting Standards Update designed to improve disclosures about public companies’ reportable segments, particularly disclosures about significant segment expenses—information that the FASB says investors frequently request.

Compliance 124

Compliance 124

Harvard Corporate Governance

FEBRUARY 29, 2024

A summary of these policy updates is detailed in our report below. Voting is the formal mechanism through which BlackRock signals its support for, or concerns about, how companies serve BlackRock’s clients’ long-term financial interests. In January 2024, BlackRock released its updated U.S. more…)

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Harvard Corporate Governance

SEPTEMBER 15, 2023

on Tuesday, September 12, 2023 Tags: CEOs , Investment Stewardship , Proxy voting , SEC ESG Reporting for Private Companies Posted by David A. Securities and Exchange Commission, on Thursday, September 14, 2023 Tags: 2008 Financial Crisis , ESG , Nonprofits , SEC Regional Brief Posted by John Galloway, Vanguard, Inc.,

Banking 188

Banking Marketability 188

Harvard Corporate Governance

APRIL 2, 2024

The relief granted by the court is limited to enjoining the federal government from enforcing the CTA against the plaintiffs in the case, the National Small Business Association (“NSBA”) and Isaac Winkles, an NSBA member (together, the “plaintiffs”). See our client updates on the regulations here and here. more…)

Treasury 124

Treasury 124

Machen McChesney

FEBRUARY 8, 2024

Financial reporting plays a key role when a business needs funds for continued operations and strategic investment opportunities. Lenders and investors will generally want to review your company’s financial statements before they give it money.

Equity Financing 89

Equity Financing Equity Finance Banking 89

Harvard Corporate Governance

MAY 24, 2023

DEI initiatives have two motivations – that DEI improves a company’s long-term financial performance, and that it contributes to societal goals. Under both financial and social motives, the relevant measures of DEI are holistic. Moreover, both goals require not only diversity but also equity and inclusion. more…)

Equity 261

Equity Finance 261

Harvard Corporate Governance

JUNE 19, 2023

It also proposed requiring not just disclosure of a registrant’s direct, or Scope 1, greenhouse gas emissions, but also the Scope 2 greenhouse gas emissions from its purchases of electricity and investigate and report on the Scope 3 emissions of all of its partners in the supply chain.

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Harvard Corporate Governance

MAY 10, 2023

Eccles is Visiting Professor of Management Practice at Oxford University Said Business School and Vanessa Havard-Williams is partner and Global Head of Environment & Climate Change at Linklaters LLP. financial institutions of various kinds) in the UK and comments are due by May 10, 2023. This post is based on their FCA paper.

Finance 252

Finance 252

Harvard Corporate Governance

APRIL 4, 2022

While the period up to 2018 was marked by an absence of ESG and sustainability focused regulatory pressure, in the period since, there have been efforts across the globe to ensure investors, financiers and companies pursue more sustainable business practices.

Start-ups 337

Start-ups Finance Marketability 337

ThomsonReuters

APRIL 5, 2024

Businesses that do not have sound tax provision processes are at an elevated risk of damaging their company’s financial health. That’s because interim tax reporting plays a pivotal role in providing valuable financial information between annual reporting periods. Why is interim reporting important?

Start-ups 68

Start-ups Compliance Technology Finance 68

Harvard Corporate Governance

MAY 22, 2022

Russia’s invasion of Ukraine has had and may continue to have far-reaching impacts on the businesses of SEC-reporting companies. Companies must consider how such direct or indirect impacts should be disclosed in their periodic reports to the SEC. Downes, Ms. Payne, Elizabeth Lombard , and Cameron Teschuk. Introduction.

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ThomsonReuters

FEBRUARY 8, 2024

Staying up to date with GAAP standards Running an efficient and successful business isn’t easy. Therefore, when serving business clients, it is important that accounting professionals have the right framework to ensure that proper financial reporting procedures are in place to help with accounting assumptions.

Data Analysis 96

Data Analysis 96

Harvard Corporate Governance

MARCH 24, 2022

Schoenfeld is Visiting Professor of Accounting at Dartmouth College Tuck School of Business, and Associate Professor of Accounting at the University of Utah Eccles School of Business. Modern firms routinely manage their financial reporting systems using third-party cloud computing and other enterprise technologies.

Technology 196

Technology 196

Harvard Corporate Governance

FEBRUARY 1, 2023

This post is based on their Teneo report. Foreword The role of today’s CEO is evolving, paralleling the shifting global financial, geopolitical and social landscapes in which they operate. This represents just a sampling of the insights highlighted in this report.

Technology 314

Technology 314

IVSC

MARCH 28, 2024

Environmental, Social and Governance ( ESG ) are defined within IVS as the criteria that together establish the framework for assessing the impact of the sustainability and ethical practices, financial performance or operations of a company, asset, or liability. The survey will run between the 28 th March 2024 and the 31 st May 2024.

Marketability 130

Marketability Business Valuation 130

Appraiser Newsroom

APRIL 24, 2024

Piece by piece, reach new heights with your business valuation career alongside industry professionals. Explore our comprehensive Conference Agenda to see sessions covering Business Development, Important Issues for the Next Generation of Valuers, and more. He is also the director of the Atlanta office.

Intangible Assets 52

Intangible Assets Business Valuation Capital Structure Business Enterprise 52

IVSC

JUNE 14, 2023

He was a Panel Member at the UK's Financial Reporting Council (FRC) from 2016-2022 and Vice Chair of the CBV Institute Board of Directors from 2017-2020. Prior to joining OMERS, Jennifer was a senior manager within the Financial Advisory practice at Deloitte LLP in Toronto, specializing in valuation and dispute consulting.

Intangible Assets 130

Intangible Assets Corporate Finance Finance Equity 130

Viking Mergers

MARCH 22, 2023

Having a deal fall apart at the last minute is every business owner’s nightmare. Most owners are just like you; they don’t know exactly what does or does not need to be done from a financial perspective to prepare to sell their business. In most businesses, it is useful to pinpoint cost overruns at the time that they occur.

Start-ups 130

Start-ups Banking 130

Harvard Corporate Governance

OCTOBER 1, 2023

companies that do business in California to publicly disclose their Scope 1, Scope 2 and Scope 3 greenhouse gas emissions. These bills, if adopted, would apply to private and public companies with specified revenue levels that also do business in California—and impose significant burdens in terms of compliance efforts and related expenses.

Compliance 226

Compliance 226

Harvard Corporate Governance

SEPTEMBER 17, 2023

The EU Corporate Sustainability Reporting Directive (“ CSRD “) entered into force on 5 January 2023 and the associated European Sustainability Reporting Standards (“ ESRS “) were adopted by the European Commission on 31 July 2023. Strine, Jr.

Marketability 235

Marketability 235

Harvard Corporate Governance

NOVEMBER 21, 2022

Jones Graduate School of Business. firms had converged around voluntary standalone ESG reports as a primary means of documenting their ESG activities. ESG reports are among the fastest growing voluntary disclosures in history. We next study the content in these reports (i.e., This post is based on their recent paper.

Start-ups 270

Start-ups Finance 270

Harvard Corporate Governance

NOVEMBER 24, 2022

Remarks by Commissioner Uyeda at the 2022 Cato Summit on Financial Regulation. Posted by Frederik Otto, Rachael De Renzy Channer, Ashley Summerfield, The Sustainability Board Report, on Sunday, November 20, 2022. Updating Annual Report Risk Factors. The Evolution of ESG Reports and the Role of Voluntary Standards.

Compliance 226

Compliance 226

Harvard Corporate Governance

MAY 10, 2022

Though some companies voluntarily report climate-related information, currently there are not any standardized requirements imposed by the SEC. At a high level, the approximately 500-page Proposal would require a public company to disclose the following information in registration statements and periodic reports: (more…).

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238

Harvard Corporate Governance

JANUARY 30, 2023

SUMMARY The European Union has finalized the Corporate Sustainability Reporting Directive (“CSRD”) that will introduce more detailed sustainability reporting requirements for EU companies, non-EU companies meeting certain thresholds for net turnover in the EU and companies with securities listed on a regulated EU market.

Marketability 270

Marketability 270

Harvard Corporate Governance

JANUARY 30, 2024

Montrone Professor of Private Enterprise at Columbia Business School; Mingcherng Deng is an Associate Professor of Accountancy at Baruch College’s Zicklin School of Business within the City University of New York; and Jing Li is the Deputy Area Head of Accounting and Law and an Associate Professor at Hong Kong University Business School.

Banking 109

Banking Equity Marketability Debt Financing 109

Harvard Corporate Governance

AUGUST 25, 2023

Ellias (Harvard Law School) , on Thursday, August 24, 2023 Tags: Bankruptcy , corporate finance , employee response , Financial regulation , firm cullture , Monetary policy , Restructurings , workforce Statement by Commissioner Uyeda on Private Fund Advisers Posted by Mark T. Carroll, Stephen T. Cohen, and Devon M. Uyeda, U.S.

Corporate Finance 189

Corporate Finance Finance Marketability 189

Harvard Corporate Governance

NOVEMBER 27, 2022

These concerns have now been compounded by skepticism about whether ESG can actually drive financial performance for companies and investors alike. [3]. That allows time to see if those goals are truly relevant for the business, develop strong management and employee buy-in, and address any kinks in measurement methodology and reporting.

Compliance 351

Compliance Finance Equity Marketability 351

IVSC

MARCH 28, 2024

Peter has worked extensively across various industries and purposes, including financial reporting, tax, and dispute resolution under major arbitral rules and in courts across Australia, the Cayman Islands, and Singapore. Expert reports (that have details similar to those required in valuation reports) and the use of experts.

Intangible Assets 130

Intangible Assets Start-ups Business Valuation Marketability 130

Harvard Corporate Governance

MARCH 22, 2023

To help companies navigate this landscape, we have provided the below key considerations for communicating strategies within 2023 ESG reports, websites, press releases, social media, proxy statements and annual reports. towards a more liberal culture at the expense of financial returns. voting rights) have also been targeted.

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252

Harvard Corporate Governance

JUNE 15, 2022

Posted by Stephan Siegel (University of Washington), on Wednesday, June 15, 2022 Editor's Note: Stephan Siegel is Professor of Finance and Business Economics at the University of Washington. financial markets and shareholders assess the dispersion in pay between a firm’s top executives and rank-and-file employees.

Equity 220

Equity Marketability Finance 220

Harvard Corporate Governance

JULY 25, 2022

IPOs are conducive to the study of how political connections and accounting discretion interact; the reported financial data in IPO prospectuses claim a substantially larger influence on investment decisions than the financial statements released by listed companies, as there is little, if any, coverage of the issuing firm prior to going public.

Finance 189

Finance Banking 189