Tue.Nov 15, 2022

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2022 CPA-Zicklin Index on Corporate Political Disclosure and Accountability

Harvard Corporate Governance

Posted by Dan Carroll, Bruce Freed, Karl Sandstrom, Center for Political Accountability, on Tuesday, November 15, 2022 Editor's Note: Dan Carroll is Vice President for Programs and Counsel of the Center for Political Accountability and oversees the CPA-Zicklin Index, Bruce F. Freed is CPA’s President, and Karl J. Sandstrom is strategic advisor to the Center and senior counsel with Perkins Coie.

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Global flows: The ties that bind in an interconnected world

Mckinsey and Company

Economic and political turbulence have prompted speculation that the world is already deglobalizing. But the evidence suggests that global integration is here to stay, albeit with nuance.

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Does Voluntary Financial Disclosure Matter? The Case of Fairness Opinions in M&A

Harvard Corporate Governance

Posted by Adam Badawi (University of California, Berkeley), Matthew Cain (University of California, Berkeley), Steven Davidoff Solomon (University of California, Berkeley), on Tuesday, November 15, 2022 Editor's Note: Adam B. Badawi is Professor of law at Berkeley Law School; Matthew D. Cain is Senior Fellow at the Berkeley Center for Law and Business at Berkeley Law School; and Steven Davidoff Solomon is Professor of Law at Berkeley Law School.

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Taking a skills-based approach to building the future workforce

Mckinsey and Company

Our work with the Rework America Alliance highlights how a skills-based approach can help US employers expand talent pools and retain great workers—even through economic uncertainty.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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SEC Finalizes New Clawback Rules

Harvard Corporate Governance

Posted by Mike Kesner, Lane Ringlee, Pay Governance LLC, on Tuesday, November 15, 2022 Editor's Note: Mike Kesner is Partner, and Lane Ringlee is Managing Partner at Pay Governance LLC. This post is based on their Pay Governance memorandum. Related research from the Program on Corporate Governance includes Rationalizing the Dodd-Frank Clawback (discussed on the Forum here ) by Jesse M.

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Becoming indispensable: Moving past e-commerce to NeXT commerce

Mckinsey and Company

A successful transition to the next horizon of digital commerce requires companies to get real about being customer first and make some hard choices.

More Trending

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What makes Microsoft’s Supply Chain Platform stand out?

Avanade

The Microsoft Supply Chain Platform offers a great opportunity for true collaboration and real-time communication across the end-to-end supply chain network.

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Cathie Wood's Ark Invest Buys Grayscale Bitcoin Trust Shares Worth $2.8M

Benzinga

Cathie Wood 's Ark Invest has purchased Grayscale Bitcoin Trust ’s (OTCQX: GBTC ) shares worth $2.8 million. The deal was announced days after the beleaguered crypto fund’s discount hit a new low. Ark Invest lapped up 315,259 shares of GBTC, according to a disclosure made by the company. Also Read: 'I'm improvising,' Says Sam Bankman-Fried When Asked Why He's Posting Cryptic Tweets.

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META Lesson 3: Tell me a story!

Musings on Markets

In my first two posts on Facebook, I noted that its most recent earnings report, and the market reaction to it, offers an opportunity for us to talk about bigger issues. I started by examining corporate governance , or its absence, and argued that some of the frustration that investors in Facebook feel about their views being ignored can be traced to a choice that they made early to give up the power to change management, by acquiescing to dual class shares.

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5 frontline work challenges facing retailers in 2022

Avanade

Corine Vives, Global Retail and Consumer Goods Lead, reviews Avanade’s global workplace study to highlight five key retail frontline work challenges.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Simplify Your Employee Performance Reviews with an Employee Review System

Rhythm Systems

For many team leaders, HR professionals and individual contributors, the performance review process is one of the most dreaded exercises there is. HR leaders hate nagging managers to complete them, tracking who has done what when, and following up to ensure compliance. Team leaders hate being nagged; they often find the process cumbersome with the conversations perfunctory or awkward, and the ensuing results feel disconnected from the real work of the team.

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Computer Software Costs: How Does Your Business Deduct Them?

Machen McChesney

These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your products or services or sells or leases software to others. In any of these situations, you should be aware of the complex rules that determine the tax treatment of the expenses of buying, leasing, or developing computer software.

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The McKinsey Crossword: Animal Alliteration | No. 102

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Top DEI Bosses Have a Problem – Diversity

Appraisers Blog

The ranks of the new DEI bosses at the financial institutions are no more diverse than the appraisers their institutions see as the enemy. If the lack of diversity of appraisers is inherently bad, how could the same not be said for the DEI bosses? A full 93 percent of U.S. birdwatchers are white. Just 4 percent are African-American and a paltry 1 percent are Asian-American.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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15 Questions Accounting Staff Members Are Asking About the New Lease Standard

Gross Mendelsohn

If there’s one thing for certain, accounting staff members at businesses and nonprofits have more than a few questions about the new lease standard that’s about to take effect. Implementing the biggest new accounting rule to come our way in decades is no walk in the park. That’s why we’re answering 15 frequently asked questions about the new lease standard.

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Estée Lauder Agrees to Buy Tom Ford Brand in $2.8 Billion Deal

NYT M&A

Tom Ford’s high-end fragrances routinely make best-seller lists, and the deal, the luxury industry’s biggest this year, also brings apparel to Estée Lauder, which had been strictly focused on beauty.

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Chancery Issues Final Chirp In Musk's $44B Twitter Deal Battle

Law 360 M&A

Elon Musk's completed purchase of Twitter has brought to an end one of his legal battles, with a Delaware Chancery Court judge on Tuesday affirming the voluntary dismissal of Twitter's lawsuit that was meant to force the billionaire to close his $44 billion purchase of the social media platform after he tried to back out of the deal.

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Thinking like a ‘ServCo’: How telcos can drive B2C growth

Mckinsey and Company

Even without legal or structural separation, telcos can accelerate the transformation of their B2C business units by adopting the mindset of a service company (“ServCo”).

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FBI Head Warns That China Could Exploit Access To TikTok

Law 360 M&A

The FBI is concerned that the Chinese government could weaponize access to the video app TikTok — which is owned by China-based internet giant ByteDance — to carry out influence operations by controlling the content suggested to users, bureau Director Christopher Wray said Tuesday.

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US health systems: Diversify to thrive

Mckinsey and Company

US health systems are diversifying their businesses to unlock growth and support core hospital operations, carefully choosing investment areas and structures in line with their objectives.

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Meta Calls FTC Bid To Block VR Merger 'Central Planning'

Law 360 M&A

Meta Platforms Inc. has urged a California federal court not to block its planned purchase of virtual reality app developer Within Unlimited Inc., contending that the Federal Trade Commission is trying to engage in "regulatory central planning" with its merger challenge.

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IRS updates time to file for a late portability election

Henry Horne

Prior to the new Revenue Procedure 2022-32, the IRS allowed estates that did not need to file an estate tax return based on Section 6018(a) to file a late portability election up to the second anniversary of death through Revenue Procedure 2017-34. Don’t miss: Hobby or business? A portability election is an election that lets … Keep Reading.

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The changing face of grocery demand

Mckinsey and Company

Consumers are increasingly seeking value, healthier products, and convenience. Retailers must be prepared to keep pace with these evolving preferences.

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Credit Suisse to sell much of securitised products group to Apollo

Financial Times M&A

Business generated substantial profits for Swiss bank but was capital-intensive

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Hard choices: How Europe’s fastest-growing start-ups become unicorns

Mckinsey and Company

Just one in ten start-ups valued at $100 million grows to $1 billion within four years. Here are five trade-offs they made to get there.

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How to create a staff training plan [template]

JPAbusiness

Staff training is about e nsuring your employees have the required skills and expertise to carry out the tasks for which they are responsible. We all want competent staff, but we should also want staff who feel fulfilled and motivated by their work. A s we've discussed in previous blogs , training provides benefits for both the employer and employee, not the least of which is higher levels of job satisfaction among staff, leading to greater staff retention.

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2022 LNG Buyer Survey: Adapting to an uncertain future

Mckinsey and Company

Our recent survey illustrates how the liquefied natural gas market has shifted in response to concerns about supply security and environmental sustainability.

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Preparing for Economic Uncertainty with Fractional CFO

Redpath

Economic uncertainty is on everyone’s mind these days. A survey revealed that 98% of CEOs expect a recession in 2023 , though they believe it will be “brief and shallow.” In response, they are battening down the hatches—taking steps to constrain costs and maximize revenue. If economic predictions have you feeling uncertain and overwhelmed about your own company’s future, there is no need to panic.

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The 2023 AICPA Business Valuation Conference and One Thought on Valuation Adjustments

Chris Mercer

I arrived in Las Vegas early Sunday evening on November 13th for the 2022 AICPA & CIMA Forensic and Valuation Services Conference. Four Mercer Capitalists are here in person, and three of us are presenting. Karolina Calhoun presented yesterday in two sessions on personal goodwill and on a litigation-oriented panel. Atticus Frank will present tomorrow and talk about why market multiples differ between and among industries.

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ERM 101: What’s Your FI’s Risk Appetite?

N Contracts

Risk is about preventing loss. Every dollar an institution doesn’t lose is essentially one dollar gained. But that doesn’t mean there isn’t a place for risk when it is carefully assessed and measured.

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Transferring Your Business to a Family Member

Hallmark Brokers

As a business owner, you’ve persevered through the ups and downs and laid a foundation through hard work and self-discipline. However, there’s another role you play, and it’s one that’s far more important than anything that might occur during the fiscal year. As the head of your family, you’ve always strived to provide them with. Read more. The post Transferring Your Business to a Family Member appeared first on Hallmark Brokers.

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AuditBoard Named to Deloitte Technology Fast 500™ List for Fourth Year in a Row

Audit Board

Customer-centric innovation propels rapid revenue growth for leading SaaS provider of audit, risk, and compliance solutions. LOS ANGELES, CA - November 16, 2022 – AuditBoard, the leading cloud-based platform transforming audit, risk, and compliance management, today announced it has been named to the 2022 Deloitte Technology Fast 500™ list of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, for the fourth consecut

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Watchdog Accepts Remedy In €656M Foam Cos. Merger

Law 360 M&A

Britain's antitrust authority said Wednesday that it has accepted fixes set out by U.S. foam company Carpenter and a Belgian rival to allay concerns that their proposed €656 million ($678 million) merger could harm competition and lead to higher prices for mattresses.

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Accenture To Scoop This Japanese Data Science Company For Undisclosed Terms

Benzinga

Accenture plc (NYSE: ACN ) looks to acquire Japanese data science company ALBERT Inc after completing a tender offer. The financial terms of the transaction remain undisclosed. The acquisition will further add a large team of 250 data scientists to Accenture to strengthen its data and AI capabilities for clients. The tender offer was launched on September 29 and closed on.

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