Harvard Corporate Governance

APRIL 21, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, April 21, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 14-20, 2023. Cunningham, Jerry R. Marlatt and Felix R.

Debt Financing 229

Debt Financing Banking Equity Finance 229

Harvard Corporate Governance

OCTOBER 11, 2022

More generally, there is a risk associated with imperfect information about entities that control a (mining) process, including their ultimate objectives, the geopolitical tendencies of the country in which they are located, and the length of time they intend to hold the controlling shares.

Corporate Finance 275

Corporate Finance Finance Marketability Technology 275

Harvard Corporate Governance

JUNE 29, 2022

We ask that the Commission develop rules to require public companies to disclose sufficient information to allow investors to assess the extent to which firms invest in their workforce. We differ in our views about the regulation of firms’ relationships with their employees generally. more…).

Corporate Finance 323

Corporate Finance Banking Finance Marketability 323

Harvard Corporate Governance

JULY 25, 2022

Related research from the Program on Corporate Governance includes Corporate Political Speech: Who Decides? The information asymmetries generate competing incentives in IPO earnings reporting. First, discretionary accruals are likely to be informative when investors are generally optimistic about the firm’s prospects.

Finance 189

Finance Banking 189

Harvard Corporate Governance

AUGUST 30, 2022

Weinberg Center for Corporate Governance at the University of Delaware. We are seeing an increase in the percentage of companies where the board chair is an independent director. This post provides insights about board leadership, board meetings, and board committees at S&P 500 and Russell 3000 companies.

Finance 162

Finance Technology 162

Harvard Corporate Governance

NOVEMBER 23, 2022

The review also categorized every commentator as For , Against , or Neutral with respect to the Proposal in general terms; a commentator who made suggestions in relation to the Proposal may have nevertheless been categorised as generally For the Proposal. Investors are most supportive, followed by NGO/Third sector and then Companies.

Banking 200

Banking Finance Corporate Finance Accounting Firms 200

M&A Leadership Council

MARCH 25, 2024

He is a former consultant at McKinsey & Company and expert in the Strategy & Corporate Finance Practice. As part of his strategy and transformation advisory work, Peet occasionally assists corporate clients with M&A. Peet previously held executive positions at several companies internationally.

Corporate Finance 52

Corporate Finance Technology Finance 52

Harvard Corporate Governance

APRIL 25, 2022

States have similarly demonstrated an increased focus on ESG regulations: a dozen state attorneys general, including those of California and New York, sent a letter to the SEC last year that called for increased ESG-related disclosures for climate-related financial risks by “all SEC-regulated firms.”

Finance 235

Finance Compliance Marketability 235

Reynolds Holding

NOVEMBER 17, 2022

On December 2, 2022, Columbia Law School will hold its 2022 Conference on Mergers & Acquisitions and Corporate Governance. Millstein Center for Global Markets and Corporate Ownership, the Columbia Law School Center on Corporate Governance, and the law firm of Paul Hastings LLP. M&A and corporate governance.

Finance 128

Finance Marketability Corporate Finance 128

Harvard Corporate Governance

JUNE 23, 2022

This post is based on a comment letter by Professor Cunningham and 21 other Professors of law and finance. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Skinner (Pennsylvania),and Todd J. Zywicki (George Mason).

Compliance 214

Compliance Finance 214

Benzinga

MARCH 10, 2023

(OTC: GPFT ) ("Grapefruit" or the "Company"), an innovative California-based cannabiotech company, today updates its recent announcement regarding the proposed acquisition of Diagnostic Lab Corporation, Inc. The Company further reported on Nov. The Company further reported on Nov.

Finance 40

Finance Marketability 40

Reynolds Holding

APRIL 6, 2023

companies committed to charitable giving and some investors increasingly willing to forego financial returns to advance such activities, this is an important question about which we have little insight. This paper adds to the literature on the political business cycle by extending it to CSR spending by publicly held companies.

Compliance 90

Compliance Finance 90

ThomsonReuters

JULY 8, 2021

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. A vision is important, of course, but so is a plan—and that may be lacking for many companies.

Technology 98

Technology Finance Compliance Corporate Finance 98

Appraiser Newsroom

MARCH 20, 2024

These valuations have been used by clients to support allocations of purchase price in corporate mergers and acquisitions (for both accounting and tax purposes), litigation and arbitrations, bankruptcy and reorganizations, estate and gift taxes and planning, and corporate planning and internal restructuring.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

Benzinga

NOVEMBER 30, 2022

30, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION ("Interfor" or the "Company") (TSX: IFP ) announced today that it has completed the previously announced transaction to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products ("Chaleur") in New Brunswick, Canada from an affiliate of the Kilmer Group.

Debt Financing 40

Debt Financing Finance Net Debt Equity 40

Benzinga

JANUARY 4, 2023

With the acquisition, Danforth now provides a full scope of investor relations and corporate communications services to help clients articulate their science and its value to key stakeholders. Strategic Communications : including corporate communications, investor relations, public relations and creative services. Founders Andrea F.

Start-ups 40

Start-ups Finance 40

Reynolds Holding

JANUARY 23, 2023

Corporate culture binds employees together and directs their collective behavior at work. Studying the determinants of corporate culture has been difficult, however, because of its unobservable nature. In a recent working paper, we investigate how the fiduciary duty of loyalty affects corporate culture in the U.S

Finance 111

Finance 111

Reynolds Holding

JULY 4, 2022

public corporations have increasingly demanded that their concerns be heard at the very senior levels of management. In a recent essay , I contribute to the discussion of employees as stakeholders in the corporate governance system. Employees at U.S. board governance structure. board governance structure.

Finance 90

Finance Equity Technology 90

Reynolds Holding

APRIL 30, 2024

Large-scale private equity buyouts, and the increasingly gargantuan financial firms that spearhead them, are commonly regarded as staples of today’s financialized corporate economy. Largely due to agency theory’s narrative influence, private equity has generally come to be understood not just as a U.S.-originated

Equity 59

Equity Corporate Finance Banking Finance 59

M&A Leadership Council

FEBRUARY 3, 2024

He oversaw world class delivery of the largest US bank acquisition by a Canadian bank (Bank of the West), the largest nonbank acquisition by a Canadian Bank in the US (General Electric Capital Corporation Transportation Finance Business), and the largest divestiture in company history (EMEA Global Asset Management Sale).

Banking 52

Banking Compliance Technology Mergers & Acquisitions 52

Brian DeChesare

FEBRUARY 16, 2022

One of the more controversial industry groups is public finance investment banking. The controversy starts with the name: Is public finance “really” investment banking? Can you compare M&A advisory on multi-billion-dollar corporate deals to underwriting municipal bond issuances from state and local governments?

Finance 65

Finance Banking Equity Marketability 65

Benzinga

NOVEMBER 21, 2022

(OTCQB: GPFT ) ("Grapefruit" or the "Company"), an innovative California-based cannabiotech company, is updating its recent announcement of the proposed acquisition of Diagnostic Lab Corporation of Englewood Cliffs, New Jersey ("DLC"), a diversified food and agriculture safety company, and the recapitalization of the Company.

Finance 40

Finance Marketability 40

Benzinga

APRIL 11, 2024

Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Since August 2022, Kevin has served as the Non-Executive Chair of Glatfelter's Board of Directors and has been an integral part of Glatfelter's business since joining the Company's Board in 2011.

Treasury 40

Treasury Finance Marketability 40

Appraiser Newsroom

MAY 14, 2024

Under his guidance, Beyster staff and Rady School interns engage with companies to provide consulting and feasibility analysis for ESOP transactions and benefit level modeling. Prior to joining the Beyster Institute, he worked in the ESOP practices of private companies including Principal Financial Group, William M.

Intangible Assets 52

Intangible Assets Appraisal Banking Equity 52

Reynolds Holding

DECEMBER 4, 2023

Government published its updated Green Finance Strategy in March 2023. s ambition to become a world leader in the realm of sustainable finance and to retain the country’s status as a preeminent financial services hub. realizing its sustainable finance ambitions. realizing its sustainable finance ambitions. SDR – The U.K.’s

Finance 40

Finance Treasury Marketability 40

Viking Mergers

JULY 11, 2022

Top Leaders in the Nashville Manufacturing Industry: Nissan North America, Gulfstream Aircraft, General Motors, Bridgestone Americas Inc, Electrolux Home Products North America. #2 2 Corporate Operations. Among booming industries in Nashville is Corporate Operations. 3 Information & Technology. 4 Healthcare.

Technology 130

Technology Start-ups Marketability Finance 130

Reynolds Holding

FEBRUARY 12, 2023

Several developments suggest that venture capitalists (VCs) are retreating from their traditional corporate governance role of monitoring their portfolio companies. Startup founders are retaining more equity and control over their companies, and contrary to past practice, some VCs say they will never remove a founder.

Finance 59

Finance Firm-specific Risk Equity Specific Risk 59

Cooley M&A

JANUARY 19, 2023

The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”). [1]

Fair Market Value 52

Fair Market Value Marketability Treasury Dividends 52

IVSC

JUNE 12, 2023

Carla has conducted numerous business and asset valuations for a variety of purposes, including purchase price allocations, goodwill impairment testing, M&A, corporate tax restructuring and debt analysis. Carla is a frequent speaker in webinars and conferences on the topics of cost of capital, goodwill impairment and valuation in general.

Risk-free Rate 130

Risk-free Rate Intangible Assets Appraisal Business Valuation 130

Reynolds Holding

MARCH 11, 2024

The company in response took the extraordinary measure of filing suit in federal court seeking a declaratory judgment permitting it to exclude the proposal from its proxy statement and not present it for a vote at the annual meeting. Scope 1 refers to direct GHG emissions from the company.

Corporate Finance 53

Corporate Finance Start-ups Finance Marketability 53

Harvard Corporate Governance

JANUARY 11, 2024

Related research from the Program on Corporate Governance includes Executive Compensation as an Agency Problem , Pay without Performance: The Unfulfilled Promise of Executive Compensation , and Paying for long-term performance (discussed on the Forum here ) all by Lucian A. This post is based on their Pay Governance memorandum.

Capital Structure 140

Capital Structure Finance 140

Reynolds Holding

MAY 4, 2023

2] The attorneys general of a number of states have drafted legal opinions prohibiting their public entities from ESG investing on this basis. [3] This assertion is generally presented with little factual support other than the cherry-picked statements of journalists or consultants. And well-run companies become good stocks to own.” [5]

Systematic Risk 117

Systematic Risk Finance Marketability Equity 117

Benzinga

JANUARY 27, 2023

Common stock of the combined company (NASDAQ: OBIO ), which is called "Orchestra BioMed Holdings, Inc.", Orchestra BioMed's management team, led by Chairman, Chief Executive Officer and Co-founder David Hochman, will lead the combined company. 27, 2023 (GLOBE NEWSWIRE) -- Orchestra BioMed, Inc. Roderick Wong, M.D.,

Finance 40

Finance Technology Marketability 40

Reynolds Holding

NOVEMBER 28, 2022

In advancing this view, Congress and the regulators appear to be following a path laid out by crypto companies seeking legitimacy through inclusion (on their own terms), in regulated finance. In fact, despite the “dress-up” clothes it wears, crypto trading isn’t finance or financial services at all. The answer is simple.

Finance 145

Finance Banking Marketability Treasury 145

Reynolds Holding

MAY 12, 2024

At least eight other states—Arizona, Georgia, Idaho, Indiana, Iowa, Kentucky, Louisiana, South Dakota—are also considering fair access bills, some of which would apply to payment processors, payment networks, and credit card companies and networks in addition to banks and insurers. BACKGROUND A. FL HB 3 (2023) General.

Banking 45

Banking Compliance Finance 45

Benzinga

DECEMBER 18, 2023

Accelerates growth opportunities by combining two complementary businesses with similar product categories, payment solutions and customer profiles Combines Conn's in-house credit platform and expertise with Badcock's existing financing capabilities Increases scale and expands Conn's presence across the southeastern U.S.,

eCommerce 40

eCommerce Finance Marketability 40

Reynolds Holding

MAY 18, 2022

Voting is important in the modern public corporation. Shareholders often vote on corporate referendums, they vote to elect directors, and the directors vote on major corporate policies. We find that the push towards socially responsible corporate policies may lead to worse corporate governance.

Firm Value 64

Firm Value Finance 64