Harvard Corporate Governance

AUGUST 15, 2023

Putzel Professor of Legal Studies & Business Ethics at the University of Pennsylvania. Nobody should feel sorry for banks, necessarily, but they labor under heavy, and in almost every important way, unchecked, regulation. Bank regulators are also free from presidential control. Zaring is the Elizabeth F.

Banking 189

Banking Marketability 189

NYT M&A

MARCH 3, 2024

But new laws and regulations have finally compelled them to make major shifts to their products and businesses. For years, Apple, Google, Meta and others operated unfettered.

Mergers & Acquisitions 138

Mergers & Acquisitions Marketability 138

Harvard Corporate Governance

MARCH 17, 2023

Posted by Leah Malone, Emily Holland, and Carolyn Houston, Simpson Thacher & Bartlett LLP, on Saturday, March 11, 2023 Tags: anti-ESG , ESG , ESG disclosure , regulation , Retirement plans , State regulation SEC Enforcement: Year in Review Posted by Harris Fischman and Jessica S. Peirce, U.S.

Banking 225

Banking 225

Harvard Corporate Governance

NOVEMBER 6, 2023

Digital technology impacts businesses in myriad ways. While disclosure trends suggest that businesses are closing the gap with expectations, many companies may find areas for improvement. This post is based on an ISS Corporate Solutions memorandum by Liam Hardy, Senior Associate, ISS Corporate Solutions. more…)

Technology 334

Technology 334

Harvard Corporate Governance

DECEMBER 11, 2023

151 – 52), but the advisers themselves complained that, in reality, complying with the new regulations would cost them hundreds of thousands of dollars per year and have a negative impact on their business. After all, they have an incentive to exaggerate to convince the SEC to loosen up its regulations. IA-3222 , pp.

Compliance 270

Compliance Equity 270

Harvard Corporate Governance

JANUARY 6, 2023

Regulators during 2023 will continue to use antitrust and foreign investment regimes to try to impede M&A strategies. How to Be Prepared for M&A Strategies in 2023.

Banking 257

Banking Marketability 257

Harvard Corporate Governance

MAY 6, 2024

Posted by Mireia Giné (IESE Business School), on Monday, May 6, 2024 Editor's Note: Mireia Giné is Professor of Finance at the IESE Business School. This debate has not only academic implications but also practical consequences, influencing how markets are regulated and how corporate strategies are formulated. economy.

Finance 150

Finance Marketability 150

Harvard Corporate Governance

OCTOBER 25, 2023

Posted by Jordi Canals (IESE Business School), on Wednesday, October 25, 2023 Editor's Note: Jordi Canals is Professor of Strategic Management and the holder of Fundación IESE Chair in Corporate Governance at IESE Business School. This post is based on his book. Disney’s board of directors fired CEO Bob Chapek on November 20, 2022.

Compliance 307

Compliance Technology Equity Marketability 307

Harvard Corporate Governance

SEPTEMBER 15, 2023

Posted by Hajin Kim (University of Chicago), Joshua Macey (University of Chicago), and Kristen Ann Underhill (Cornell University), on Tuesday, September 12, 2023 Tags: Coca-Cola , Corporate governance , ESG , Regulations 2023 U.S. Regional Brief Posted by John Galloway, Vanguard, Inc., Regional Brief Posted by John Galloway, Vanguard, Inc.,

Banking 188

Banking Marketability 188

Harvard Corporate Governance

SEPTEMBER 29, 2023

Evidence From the US and Europe Posted by Angel Tengulov (University of Kansas School of Business), on Thursday, September 28, 2023 Tags: EU , Market , regulation , SEC Testimony by Chair Gensler Before the U.S. Peregrine (McDermott Will & Emery) and Charles W.

Equity 210

Equity Marketability 210

Harvard Corporate Governance

JANUARY 9, 2024

Posted by Yaron Nili (University of Wisconsin) and Roy Shapira (Reichman University), on Tuesday, January 9, 2024 Editor's Note: Yaron Nili is a Professor of Law and Smith-Rowe Faculty Fellow in Business Law at the University of Wisconsin Law School, and Roy Shapira is a Professor of Law at the Reichman University Harry Radzyner Law School.

146

146

Harvard Corporate Governance

NOVEMBER 21, 2022

Jones Graduate School of Business. ESG reports are unstandardized in form and content, since they are not audited, mandated, or regulated in the United States (and most other jurisdictions), and the content of these reports continues to vary widely by firm and industry, as well as over time. This post is based on their recent paper.

Start-ups 270

Start-ups Finance 270

Harvard Corporate Governance

MARCH 31, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, March 31, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of March 24-30, 2023.

Banking 217

Banking Equity Marketability 217

Harvard Corporate Governance

OCTOBER 17, 2022

K”); and ( iii ) require information disclosed on Form SR or pursuant to Item 703 of Regulation S-K to be tagged with inline eXtensible Business Reporting Language (“Inline XBRL”). Rulemaking Activity. An Active Rulemaking Period with Gary Gensler at the Helm of the SEC. The full text of these proposed amendments is available here.

Equity 209

Equity 209

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 129

Treasury 129

Harvard Corporate Governance

JULY 15, 2022

The Proposed SEC Climate Disclosure Rule: A Comment from the Business Roundtable. Posted by Maria Ghazal, Business Roundtable, on Tuesday, July 12, 2022. SEC Requests Comment on Regulation of Information Providers Under the U.S. SEC Requests Comment on Regulation of Information Providers Under the U.S.

226

226

Harvard Corporate Governance

MARCH 27, 2024

The purpose of the ICGN Governance Recommendations is to highlight areas of interests to ICGN Members and to serve as an agenda for dialogue with regulators, standard-setters, and business organisations. more…)

Finance 129

Finance Marketability 129

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. The focus of the DP is “regulated firms” (i.e., This post is based on their FCA paper.

Finance 255

Finance 255

Harvard Corporate Governance

JANUARY 31, 2024

Posted by Sanjai Bhagat and Henry Laurion, University of Colorado Boulder, on Wednesday, January 31, 2024 Editor's Note: Sanjai Bhagat is Professor of Finance, and Henry Laurion is Assistant Professor of Accounting at the University of Colorado Boulder Leeds School of Business. This post is based on their SSRN working paper.

Banking 141

Banking Capital Structure Finance 141

Harvard Corporate Governance

FEBRUARY 21, 2024

This post is based on his article forthcoming in The Yale Journal on Regulation. Limited liability is the rule that investors in a business entity are not liable for its debts. Limited liability stokes heated opinions because it prioritizes the beneficiaries of a harmful business at the expense of its victims.

Finance 141

Finance Technology 141

Appraisal Rights

OCTOBER 30, 2020

As we’ve mentioned , valuation professionals, accountants and investment banks have become increasingly focused on trained on the valuation of cannabis companies and assets, with EY preparing their insights on cannabis valuations here. This piece addresses regulatory and transactional developments in the US as well as Canada.

Business Valuation 40

Business Valuation Banking 40

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

SEPTEMBER 19, 2022

Global ESG regulation is set to make a leap with new requirements for private businesses to report on and prevent adverse impacts on climate, the environment and human rights. This post is based on a White & Case memorandum by Mr. McGarry, Ms. MacLennan, Ms. Connellan, Taylor Pullins , Maia Gez , and Mark Clarke.

Finance 240

Finance 240

Harvard Corporate Governance

JULY 5, 2022

As the Commission notes, these disclosures are “fundamental to investors’ understanding the nature of a registrant’s business and its operating prospects and financial performance.” [1] more…).

209

209

Harvard Corporate Governance

MARCH 16, 2023

The proposed expansion of Regulation SP is one of three cybersecurity and systems-protection proposals we are considering today.

245

245

IVSC

SEPTEMBER 30, 2022

” As a former financial services regulator, I have experienced first-hand the value of international standards in strengthening and transforming financial markets. He subsequently joined KPMG and rose to become Managing Partner of the Business Advisory Practice of the firm in India.

Banking 246

Banking Start-ups Marketability Finance 246

Harvard Corporate Governance

AUGUST 22, 2023

The standards address longstanding reporting challenges, equipping companies and investors to better understand performance and comply with ever‑evolving regulations. For businesses, the IFRS standards will not only simplify the disclosure process, but also enable benchmarking and cost- and time-savings.

Compliance 180

Compliance 180

Harvard Corporate Governance

JULY 8, 2022

Posted by Abraham Lioui (EDHEC Business School), on Tuesday, July 5, 2022. Tags: Accounting , Disclosure , EDGAR , Filings , Form 11-K , SEC , SEC rulemaking , Securities regulation. The Proposed SEC Climate Disclosure Rule: A Comment from Former SEC Chairmen and Commissioners. Posted by Harvey L. on Monday, July 4, 2022.

Capital Structure 201

Capital Structure Finance 201

Harvard Corporate Governance

MARCH 11, 2024

bank regulation, as currently practiced. To stabilize the financial system, regulators rapidly approved emergency mergers and acquisitions and took other measures that dramatically increased the level of concentration in the U.S. Department of the Treasury. This post is based on their forthcoming article in the Yale Law Journal.

Banking 129

Banking Treasury Marketability 129

Harvard Corporate Governance

JUNE 15, 2022

According to press reports, the Securities and Exchange Commission (the “Commission” or the “SEC”) is requiring Wall Street banks to undertake an unprecedented review of dozens of their top executives’ and traders’ personal cell phones to determine the frequency with which these platforms are used to conduct bank business.

Banking 218

Banking Compliance Technology 218

Harvard Corporate Governance

DECEMBER 14, 2022

Zetzsche is Professor and ADA Chair in Financial Law at the University of Luxembourg and Director of the Center for Business & Corporate Law at Heinrich Heine University in Duesseldorf; Ross Buckley is Scientia Professor and King & Wood Mallesons Chair of International Finance Law at the University of New South Wales; and Douglas W.

Finance 183

Finance Banking 183

Harvard Corporate Governance

MAY 11, 2022

Securities and Exchange Commission (the “SEC”) proposed far-reaching amendments to Regulation S-K and Regulation S-X that would mandate significant additional climate-related disclosures for public companies. On March 21, 2022, the U.S.

Compliance 253

Compliance 253

Harvard Corporate Governance

APRIL 19, 2022

This post is based on her recent remarks at the Symposium on Private Firms: Reporting, Financing, and the Aggregate Economy at the University of Chicago Booth School of Business. Academia can play a huge hand in helping assess not only what needs to be regulated, but how effective existing regulations are. more…).

Start-ups 208

Start-ups Finance Marketability Equity 208

Harvard Corporate Governance

JUNE 17, 2022

Posted by Alex Edmans (London Business School), Doron Levit (University of Washington), and Jan Schneemeier (Indiana University), on Tuesday, June 14, 2022. Tags: Climate change , ESG , Institutional Investors , SEC , Securities regulation , Shareholder proposals , Shareholder voting , Stewardship. Posted by Gary Gensler, U.S.

Beta 235

Beta Technology Banking Equity 235

Harvard Corporate Governance

MAY 24, 2022

Kress (University of Michigan), on Tuesday, May 24, 2022 Editor's Note: Jeremy Kress is Assistant Professor of Business Law at the Stephen M. Ross School of Business at the University of Michigan and Co-Faculty Director of the University of Michigan’s Center on Finance, Law & Policy.

Banking 255

Banking Finance 255

Harvard Corporate Governance

MARCH 20, 2023

To her credit, Commissioner Crenshaw set forth a number of potential reforms, including a heightened disclosure regimen for such larger private issuers (resembling the Regulation A—Tier 2 disclosure requirements) and the reconstitution of the Form D to provide meaningful information. 30, 2023)).

233

233

The Guardian M&A

JANUARY 26, 2024

CMA will assess impact proposed deal could have on competition for consumers and businesses Business live – latest updates The UK competition regulator has launched an investigation into the proposed merger of Vodafone and Three to create the UK’s largest mobile phone operator.

Marketability 76

Marketability 76