Wed.Nov 02, 2022

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Twenty-Year Review of Audit and Non-Audit Fee Trends

Harvard Corporate Governance

Posted by Nicole Hallas, Kayla Coello, and Sarah Keohane, Audit Analytics, Inc., on Wednesday, November 2, 2022 Editor's Note: Nicole Hallas is Manager of Research Analytics, Kayla Coello is a Research Analyst and Sarah Keohane is a Data Analyst at Audit Analytics. This post is based on an Audit Analytics memorandum by Ms. Hallas, Ms. Coello, Ms. Keohane, and Ms.

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Accelerating green growth in the built environment

Mckinsey and Company

The industries that make up the built environment are highly fragmented and slow to change. Creating green growth requires shifts in how players design, build, operate, and decommission assets.

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2022 ISS Global Benchmark Policy Survey

Harvard Corporate Governance

Posted by Subodh Mishra and Georgina Marshall, Institutional Shareholder Services, Inc. , on Wednesday, November 2, 2022 Editor's Note: Subodh Mishra is Global Head of Communications and Georgina Marshall is Global Head of Research at Institutional Shareholder Services, Inc. This post is based on an ISS Corporate Solutions publication by Kathy Belyeu, Michael Ellis, Hailey Knowles, and Renata Schmitt Silva.

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Accelerating capital projects to secure advantages in the net-zero transition

Mckinsey and Company

Ambitious net-zero deadlines require speedy project completion. Here’s how leaders of capital projects can strike a balance between the costs and benefits of accelerating delivery.

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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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The Secret Weapon for Accomplishing 100% of Your Annual Plan

Rhythm Systems

Every team is focused on setting their Annual Priorities & Budget for the next year at this time of year. It's an incredible commitment of time, energy, and resources to determine the plan, not to mention what it will take to actually achieve it next year. So how can you be certain that your team is fully aligned and set up in the best way possible to get it all done and hit your numbers?

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Washington State AG Seeks To Block Albertsons' $4B Dividend Payout

Benzinga

Albertsons Companies Inc (NYSE: ACI ) had a lawsuit filed against it by Washington State Attorney General Bob Ferguson to stop the grocery chain from paying shareholder dividends. Albertsons had sought to pay $4 billion in dividends to its shareholders before the closing of its proposed merger with supermarket operator Kroger Co (NYSE: Full story available on Benzinga.com.

More Trending

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Sustainable spaces: Countering climate risk in capital projects

Mckinsey and Company

By taking a deeper, more comprehensive approach to understanding risk, companies can mitigate climate hazards and build resilience into the life cycle of their infrastructure and capital projects.

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Elon Musk Takes a Page Out of Mark Zuckerberg’s Social Media Playbook

NYT M&A

As Mr. Musk takes over Twitter, he is emulating some of the actions of Mr. Zuckerberg, who leads Facebook, Instagram and WhatsApp.

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Key trends in US logistics according to 70 CXOs

Mckinsey and Company

The sector’s brightest minds have shed light on three key trends that logistics providers could implement in the face of market disruptions.

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How Do Taxes Work With Bonuses?

Machen McChesney

Bonuses, frequently given at the end of the year, is a popular "thank you" for a job well done, and smart business owners know they can build loyalty, helping retain the most productive employees. However, both owners and employees often misunderstand how taxes work with bonuses, leading to confusion and frustration. Fortunately, with some education and preparation, the situation can work out for everyone.

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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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CMA BLOCKS META/GIPHY – IT MIGHT BE THE META UNIVERSE BUT WE'RE LIVING IN THE CMA'S WORLD

National Law Review M&A

Jennifer P.M. Marsh Gabriela R. Da Costa Niall J. Lavery Michal Kocon Jurisdiction: United Kingdom Aurelija Grubyt?

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Shipping rates are finally falling. Will they reach prepandemic levels?

Mckinsey and Company

Steve Saxon explores why container rates have fallen and how shippers and carriers can safeguard themselves against future uncertainty.

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Competition Advocacy Groups Want to Punch Live Nation's Ticket

Mogin Rubin M&A

What was promised in 2010 to deliver a robust pro-consumer ticketing and live events industry has created exactly the opposite 12 years later. That is the message from a collection of pro-competition advocacy groups that are encouraging consumers to pressure the Department of Justice to investigate and break up Live Nation Entertainment, Inc. – the company formed by the merger of Live Nation and Ticketmaster.

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Accelerating the green transition through finance

Mckinsey and Company

Achieving net zero will require substantial investment. Addressing the B20’s International Advocacy Caucus, McKinsey’s Bob Sternfels shared green-finance ideas.

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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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BREAKING: Dan Snyder Confirms He's Looking At Selling Commanders

Law 360 M&A

Washington Commanders owner Daniel Snyder said Wednesday that he has hired an outside financial firm to "consider potential transactions," an announcement that comes as Snyder faces mounting pressure from investigations by Congress and the NFL into sexual harassment and a toxic workplace environment, as well as from fellow team owners who have been critical of his actions.

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Why bad strategy is a ‘social contagion’

Mckinsey and Company

Author and academic Richard Rumelt explains how to develop strategies that aim to solve problems rather than simply state ambitions.

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Scrutiny Of Snyder May Lead To Big Money Commanders Sale

Law 360 M&A

Daniel Snyder's decision to possibly sell the Washington Commanders reaffirms that owners in the NFL and other major American sports leagues will refuse to give up their teams except under extreme circumstances, and experts say the situation illustrates how valuable professional football franchises can be.

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Attorneys General Shady Business

Appraisers Blog

Racket at Attorneys General Group Will Ring Familiar to Appraisers The nation’s licensed real property appraisers will recognize a scheme run by a nonprofit known as the National Association of Attorneys General. It will remind the former of the abuses visited on them by a tiny, free-spending 501(c)(3) publisher and its captured federal minder. The National Association of Attorneys General describes itself as a nonpartisan national forum for America’s state and territory attorneys general and th

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Albertsons-Kroger Deal Payout Breaks Antitrust Law: AG Suit

Law 360 M&A

The attorneys general of Washington, D.C.; California; and Illinois sued Kroger and Albertsons on Wednesday, adding a federal court dimension and direct antitrust allegations to state enforcer efforts to block Albertsons' planned $4 billion merger-related shareholder payout out of concern it could cripple Albertsons as a competitive supermarket chain.

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Series I Bonds – What are you waiting for?

Henry Horne

Have you heard about series I bonds and are wondering what they are? They are safe investments issued by the U.S. government and can help protect your money against inflation. Don’t miss: 2022 changes to Arizona tax credits Investors can purchase up to $10,000 worth of I bonds through the Treasury Direct website. Additionally, you … Keep Reading.

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Quaker Oats Buys Snapple For $1.7B On This Day In Market History To Block PepsiCo Takeover

Benzinga

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 2, 1994, Quaker Oats Co. announced a $1.7-billion buyout of Snapple Beverage Co. Where The Market Was: The Dow Jones Industrial Average traded at 3,837.13, and the S&P 500 finished the day at 466.50. What Else Was Going On In The World?

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Know what’s in your EBITDA multiple

Henry Horne

A common valuation metric used in the sale of a business is an EBITDA[1] multiple. The multiple works like this: Buyer pays $4 for every $1 of EBITDA, but here is the catch, it is vital that the parties understand what assets are included in the EBITDA multiple. Don’t miss: Align business sales with favorable … Keep Reading. The post Know what’s in your EBITDA multiple appeared first on Henry+Horne.

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Alkermes Plans Separating Its Oncology Unit; Lifts FY22 Earnings Guidance

Benzinga

Alkermes plc (NASDAQ: ALKS ) is exploring separating its commercial-stage neuroscience and development-stage oncology business as part of an ongoing review of strategic alternatives for the oncology business. Alkermes will retain its focus on neuroscience and drive its proprietary commercial product growth. The company will also focus on advancing the development of pipeline programs focused on neurological disorders, including ALKS 2680, an orexin 2 receptor agonist.

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2022 Global Digital Advertising Industry Report

Benchmark Report

The digital advertising sector is also often referred to as online marketing, Internet advertising, and web advertising. The market includes revenues gained by advertising activities conducted by organizations targeting consumers via Internet-enabled mobile devices and personal computers.

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VNET Shares Pop Over 11% On Takeover Offer

Benzinga

U.S.-listed Chinese data center company VNET Group, Inc (NASDAQ: VNET ) bagged a preliminary non-binding takeover proposal from its founder in September. Buyout firms CDH Investments, MBK Partners, and PAG also considered bids for VNET, Bloomberg Full story available on Benzinga.com.

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Best Low-Risk Investments to Double Your Money

Financial Analyst Insider

The current health situation has brought a range of uncertainties and high inflation rates that have set us on a bumpy ride in the months. The post Best Low-Risk Investments to Double Your Money appeared first on Financial Analyst Insider.

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M&A Activity Plunges In Echo Of Great Recession: Here's What Apollo Global Management Just Said About Its Latest Deal

Benzinga

The merger and acquisition market has slowed dramatically in recent months as market volatility and persistently high inflation has prompted dealmakers to take a more conservative approach to M&A. M&A Market Drying Up? The total value of global M&A deals dropped 34% in the first nine months of 2022 to $2.81 trillion, according to Refinitiv.

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Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal

NYT M&A

The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.

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Volkswagen Divests WeShare Business To MILES Mobility

Benzinga

Volkswagen AG (OTC: VWAGY ) reported the sale of its carsharing service, WeShare , to Berlin based car sharing company MILES Mobility. Both parties have agreed not to disclose the purchase price. MILES Mobility has acquired UMI Urban Mobility International GmbH from Volkswagen Passenger Cars and, with it, the WeShare car-sharing business and will integrate it into its existing.

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The Global ESG Stewardship Ecosystem

Reynolds Holding

In a recent working paper, we highlight a significant transnational dimension to a remarkable corporate governance development: the dramatic increase in attempts by institutional investors to influence how the companies they invest in address material environmental, social, and governance (ESG) concerns. This form of investor action (or “stewardship” as it is often called) is increasingly common in many markets across the globe.

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DuPont - Rogers $5.2B Deal Loses Out To Regulatory Hurdles

Benzinga

DuPont De Nemours, Inc (NYSE: DD ) terminated the previously announced agreement to acquire the outstanding shares of Rogers Corp (NYSE: ROG ) after failing to obtain timely clearance from all the required regulators. DuPont is paying Rogers a termination fee of $162.5 million under the agreement. DuPont. Full story available on Benzinga.com.

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Davis Polk Discusses New SEC Rules on Fund Shareholder Reports

Reynolds Holding

On October 26, 2022, the Securities and Exchange Commission (SEC) adopted new rule and form amendments (the Amendments) that require mutual funds and exchange-traded funds to (i) transmit annual and semi-annual shareholder reports that highlight certain key information such as fund expenses, performance and portfolio holdings, (ii) make available additional information that may be relevant to investors and financial professionals and (iii) provide enhanced expense-related disclosures in invest

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Downsizing At Twitter After Musk Takeover, Big Pharma Chains To Pay $14B In Opioid Claims, Tesla Shutters 1st Showroom In China: Top Stories Wednesday, Nov. 02

Benzinga

Reuters. Twitter On A Downsizing Rampage Since Musk Takeover; Terminates Key Ad And Marketing Officials. Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk took over Twitter Inc (NYSE: TWTR ) under a $44 billion deal which followed the firing of CEO Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde. Sarah Personette, Twitter's chief customer officer and ad boss, tweeted about her resignation last week.

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Feedback on my books

Norman Marks

I have published quite a few books now, with perhaps one more to come in 2023. It is always refreshing to get feedback, especially when it seems I have made a difference and influenced others on their journeys as practitioners. Here are a few that I very much appreciate. Thanks! = Risk Management for Success […].

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