Harvard Corporate Governance

FEBRUARY 24, 2023

Ritter (University of Florida), and Donghang Zhang (University of South Carolina), on Monday, February 20, 2023 Tags: EGCs , IPO , JOBS , SEC , SPAC , VC Funds Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds Posted by Jonathan A. Erickson (University of Richmond), Adam C. Bell, and Ron C.

Marketability 189

Marketability 189

Harvard Corporate Governance

APRIL 21, 2023

Hall (Wake Forest University), Erin C. Fuse Brown (Georgia State University), on Wednesday, April 19, 2023 Tags: capital investment , Financial regulation , investors , market power , Medicine , Private equity What The First Universal Proxy Card Contests Say About the Future of Activism Posted by Kai H.E. Cunningham, Jerry R.

Debt Financing 220

Debt Financing Banking Equity Finance 220

Harvard Corporate Governance

MARCH 29, 2024

Pritchard, University of Michigan, on Tuesday, March 26, 2024 Tags: COVID , COVID-19 , Form 10-K , Form 10-Q , PSLRA , Risk disclosure , SEC From Moelis to Miller: How to Settle with Activists Posted by Jim Woolery, Woolery & Co., Supreme Court The SEC’s Proposed Safeguarding Rule Will Cost Investors Posted by R.J.

Compliance 100

Compliance Marketability 100

Harvard Corporate Governance

MARCH 15, 2024

Miles, Skadden, Arps, Slate, Meagher & Flom LLP, on Monday, March 11, 2024 Tags: Board of Directors , Campaign finance , committees , Congressional elections , Pay to play , Presidential elections , transitions Banking and Antitrust Posted by Saule Omarova (Cornell University and Yale University) and Graham Steele (U.S.

Banking 100

Banking Treasury Compliance Marketability 100

Harvard Corporate Governance

JULY 6, 2022

Posted by Scott Hirst (Boston University), and Adriana Robertson (University of Chicago), on Wednesday, July 6, 2022 Editor's Note: Scott Hirst is Associate Professor of Law at Boston University and Adriana Z. Pritzker Professor of Business Law at the University of Chicago Law School. Robertson is Donald N.

Marketability 235

Marketability 235

Harvard Corporate Governance

JANUARY 12, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, January 12, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of January 5-11, 2024 Underrepresentation of Women CEOs Posted by Li He (Erasmus University Rotterdam) and Toni M.

100

100

Harvard Corporate Governance

APRIL 12, 2024

Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards , corporate law , directors , Fiduciary duties , Shareholder value , Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. Gallen), and Alexander F.

100

100

Harvard Corporate Governance

MAY 27, 2022

Posted by Florian Ederer (Yale) and Bruno Pellegrino (University of Maryland), on Friday, May 20, 2022. Why private company boards need outside directors. Kress (University of Michigan), on Tuesday, May 24, 2022. Coffee (Columbia University), on Wednesday, May 25, 2022. Mutual Fund Directors Governance Survey.

Banking 205

Banking Marketability 205

Harvard Corporate Governance

JULY 6, 2022

Cunningham (George Washington University), on Wednesday, July 6, 2022 Editor's Note: Lawrence A. George Tucker III Research Professor at George Washington University Law School. Oesterle (Ohio State), Roberta Romano (Yale), Christina P. Posted by Lawrence A. Cunningham is the Henry St. Mahoney (Virginia), Paul G.

Finance 189

Finance 189

Harvard Corporate Governance

JUNE 23, 2022

Cunningham (George Washington University), on Thursday, June 23, 2022 Editor's Note: Lawrence A. George Tucker III Research Professor at George Washington University Law School. Oesterle (Ohio State) Roberta Romano (Yale), Christina P. Posted by Lawrence A. Cunningham is the Henry St. Pritchard (Michigan), Dale A.

Compliance 207

Compliance Finance 207

Harvard Corporate Governance

JULY 1, 2022

It Pays For Companies To Leave Russia. Sonnenfeld (Yale School of Management), on Friday, June 24, 2022. Posted by Daron Acemoglu (MIT), Alex He (University of Maryland), and Daniel le Maire (University of Copenhagen), on Monday, June 27, 2022. University of Pennsylvania), on Tuesday, June 28, 2022. Strine, Jr.

Equity 100

Equity Marketability Technology 100

Reynolds Holding

DECEMBER 19, 2022

Over the last two decades, the dramatic increase in institutional investors’ ownership of rival companies has raised questions about collusive corporate policies. [1] overlapping in the sense of owning shares in both companies) institutional shareholders between rival firms rarely establish joint board representation in both firms.

Finance 64

Finance Banking Equity Marketability 64

Benzinga

AUGUST 31, 2022

Ocean Biomedical's innovative business model bridges the ‘bench-to-bedside' gap by accelerating the commercialization of innovative assets from research universities and medical centers. The combined company will be renamed "Ocean Biomedical, Inc." NEW YORK, Aug.

Enterprise Value 40

Enterprise Value Technology Marketability 40

Appraiser Newsroom

JULY 9, 2023

construction and investment companies), law firms, accounting offices, REITs as well as natural persons. Since 2008, a Chief ASST Professor at the Business, Investment, Real Estate Department at the University of Economics – Varna (BG). at Neal Auction Company in New Orleans from 1996 to 2004.

Appraisal 40

Appraisal Fair Market Value Marketability Business Valuation 40

Brian DeChesare

DECEMBER 14, 2022

For example, if University A has sent 500 students into investment banking roles over the past 5 years, accounting for 10% of total IB hires in the country, and University B has only sent 50, University A is a “target school,” while University B is more of a “semi-target.”. In the U.S.,

Banking 52

Banking Finance Start-ups Corporate Finance 52

Reynolds Holding

DECEMBER 22, 2022

1] A global survey of 1,700 non-CEO executives conducted by the communications agency Weber Shandwick (2020) found that 81 percent believe their CEOs should be personally visible as the face of their company. [2] Why do we look at Special Purpose Acquisition Companies? What is the value of executive visibility? 5] Klausner, M.,

Start-ups 59

Start-ups Finance Marketability 59

Reynolds Holding

JULY 23, 2023

The Securities and Exchange Commission (SEC) periodically reviews the filings of all public companies to ensure that investors have access to high-quality disclosures (SEC 2019a). This post comes to us from Alina Lerman at the University of Connecticut, Thomas D. Yet, little is known about how useful call information is to regulators.

Compliance 52

Compliance Corporate Finance Marketability Finance 52

Reynolds Holding

JANUARY 21, 2024

Company insiders will typically possess material non-public information (MNPI) about their companies. Since the adoption of the rule, 10b5-1 plans have become increasingly common: By one estimate, in 2019 more than half of S&P 500 companies had executives who used Rule 10b5-1 plans. [1] 14, 2022). [3] 4] See, e.g., Jesse M.

Corporate Finance 59

Corporate Finance Finance 59

Reynolds Holding

APRIL 27, 2022

The evidence suggests that many companies are slow to terminate an under-performing CEO, are caught flat-footed in the event of a sudden CEO departure, and are often unprepared to identify a viable or permanent successor. The most frequent explanation companies provide is that the CEO “retired,” followed by “resigned,” and “stepped down.”

Marketability 69

Marketability 69

Appraiser Newsroom

JULY 9, 2023

Nunes also has extensive experience working with multinational companies, having addressed complex tax, international cost of capital, and foreign exchange issues. James is co-author of the Stocks, Bonds, Bills, and Inflation® Summary Edition with Roger Ibbotson (Professor in the Practice Emeritus of Finance at Yale School of Management).

Intangible Assets 40

Intangible Assets Business Valuation Appraisal Finance 40

Reynolds Holding

MAY 4, 2023

For example, the Indiana AG has stated that, “ESG is an investment strategy that focuses less on the financial health of a company and more on its social and environmental impacts…,” [4] citing a Forbes article written by two journalists. And well-run companies become good stocks to own.” [5]

Systematic Risk 117

Systematic Risk Finance Marketability Equity 117

Harvard Corporate Governance

JANUARY 6, 2023

How Companies Should Approach Shareholder Proposals This Proxy Season. Posted by Kristen Eichensehr (University of Virginia) and Cathy Hwang (University of Virginia), on Tuesday, January 3, 2023. Posted by Philip Valta (University of Bern), on Wednesday, January 4, 2023. Allen, David A. Brown, and Patrick A. 2022 U.S.

Compliance 189

Compliance Marketability Technology 189

Harvard Corporate Governance

MARCH 22, 2024

Huber (Rice University), Chongho Kim (Seoul National University), and Edward M. 141 , Stockholder ESG Regulation and Financial Reporting Quality: Friends or Foes?

Compliance 100

Compliance Equity Marketability 100

Reynolds Holding

FEBRUARY 23, 2023

These acquisitions often allow larger companies to acquire new technologies or talent, while startups gain access to resources and a wider customer base. As mentioned above technology companies have made a disproportionately large number of startup acquisitions. Smith School of Business.

Marketability 72

Marketability Technology 72

Reynolds Holding

APRIL 14, 2022

We analyze the ways that socio-economic inequality creates material risks to business and how, despite these risks, there are very few ways for companies to consistently and effectively disclose them to investors. As a result, there has been growing demand from investors for company-level data on inequality.

Marketability 59

Marketability Banking Compliance Technology 59

Reynolds Holding

JANUARY 10, 2023

Such trade-offs are challenging for financial institutions, which like most companies will continue to make profit their main priority. This tension is exacerbated by the trade-off between fairness and accuracy when machine learning models are designed to prefer a certain level of fairness.

Banking 45

Banking Finance Technology Marketability 45

Harvard Corporate Governance

NOVEMBER 7, 2022

As a long-term investor, representing quasi-permanent capital for companies held in our clients’ index portfolios, we are uniquely positioned and incentivized to encourage portfolio companies to consider long-term risks and opportunities in order to maximize long-term value for our clients.

Marketability 153

Marketability Finance 153

Reynolds Holding

FEBRUARY 19, 2024

As recently as 2022, for example, women-founded companies received somewhere between 2 percent and 16.5 The formal provisions of corporate governance thus constitute a critical, authoritative framework for allocating and distributing rights, duties, and privileges of founders, key employees, and VC investors in early-stage companies.

Dividends 59

Dividends Finance Marketability Compliance 59

Reynolds Holding

MAY 23, 2022

. “We Are Not Afraid to Litigate” At the Enforcers Roundtable, Assistant Attorney General Jonathan Kanter’s opening remarks emphasized the Division’s focus on large companies in both the merger and conduct contexts, stating, “We are not afraid to take on big companies and we are not afraid to litigate.”

Banking 56

Banking Marketability Technology 56

Reynolds Holding

OCTOBER 10, 2023

3] Of particular concern are rules that prevent someone who has worked hard to identify a mismanaged company and develop a strategy for improving it from getting adequately compensated for that work and the associated risk. [4] And if investors pare back their monitoring of companies, other investors and the broader economy could suffer.

Marketability 49

Marketability Equity Technology Finance 49

Reynolds Holding

FEBRUARY 27, 2023

We hypothesize that these companies are the most likely to be affected by increased bribery since they are dependent on government contacts and are located in states with high levels of public corruption. This post comes to us from Dhruv Aggarwal , a PhD candidate at Yale University School of Management, and Professor Lubomir P.

Capital Structure 81

Capital Structure 81

Reynolds Holding

FEBRUARY 13, 2024

They begin with rules on Universal Proxy (11/17/21), implementation of the Holding Foreign Companies Accountable Act (12/2/21), and Proxy Advisors (7/13/22), and end with rules on Conflicts in Securitizations (11/27/23), Treasury Market Clearing (12/13/23), and SPACs (1/24/24). 2587, available at [link]. [5] 21, 2023), note 3.

Treasury 59

Treasury Corporate Finance Marketability Compliance 59

Reynolds Holding

JUNE 16, 2022

Leading practitioners who advise companies on their disclosure obligations under SEC rules. Instead, we write to express our unanimous view the SEC has clear statutory authority to mandate additional climate-related disclosures for publicly traded companies. Historical SEC Rulemaking on Environmental-Related Disclosure.

Corporate Finance 52

Corporate Finance Finance Compliance Marketability 52

Value Scope

SEPTEMBER 24, 2020

First, on December 17, 2019, SEC Commissioner Hester Peirce went on live television to call for greater oversight of how ESG is used by companies and the investment community. “. there were two inflection points that marked a higher level of discourse. A factor of investment in the market is based on sentiment and belief in performance.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Reynolds Holding

APRIL 7, 2024

56 University of California Davis Law Review 2017 (2023). [7] Bainbridge, “A Critique of The American Law Institute’s Draft Restatement of the Corporate Objective,” 2 University of Chicago Business Law Review 1 (2023), [link] (citing and quoting Eric W. Bainbridge, The Profit Motive: Defending Shareholder Value Maximization 169 (2023).

Business Enterprise 59

Business Enterprise Marketability Finance 59

Reynolds Holding

APRIL 5, 2023

News events provide an ideal setting because they allow us to overcome measurement challenges, such as investors’ frictions in becoming aware of and subsequently understanding companies’ underlying ESG performance. percent on days when major ESG news becomes public.

Firm Value 56

Firm Value 56