Thu.Jul 20, 2023

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Incentives Linked to ESG Metrics Among S&P 500 Companies

Harvard Corporate Governance

Posted by Ted Jarvis, Jamie McGough, and Donald Kalfen, Meridian Compensation Partners, on Thursday, July 20, 2023 Editor's Note: Ted Jarvis is a Lead Consultant, and Jamie McGough and Donald Kalfen are Partners at Meridian Compensation Partners. This post is based on their Meridian Compensation Partners memorandum. Related research from the Program on Corporate Governance includes Paying for long-term performance (discussed on the Forum here ) by Lucian Bebchuk and Jesse M.

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Advancing advisory services with the Thomson Reuters Advisory Report Quiz

ThomsonReuters

As technology continues evolving, the demand for advisory services has grown exponentially. Many firms have found themselves needing to stay up-to-date with the latest trends and technologies in order to remain competitive in the market. In response, Thomson Reuters has created an Advisory Report Quiz as an easy way for CPA advisors to assess where their firm stands in its advisory journey and take actionable steps towards elevating their practice.

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Testimony at the Committee on Financial Services hearing: “Oversight of the Proxy Advisory Industry”

Harvard Corporate Governance

Posted by Eric Shostal, Glass Lewis & Co. , on Thursday, July 20, 2023 Editor's Note: Eric Shostal is Senior Vice President of Research and Engagement at Glass, Lewis & Co. This post is based on his testimony. About Glass Lewis Founded in 2003, Glass Lewis provides proxy research and/or vote management services to more than 1,300 institutional investor clients — primarily public pension funds, mutual funds and other institutions that invest on behalf of individual investors and hav

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The Tremendous Value of Internal Audit’s Insight

Internal Audit 360

GUEST BLOG POST A few years ago, I was privileged to be a member of the Institute of Internal Auditors’ Relook Task Force. It had a couple of objectives, including reviewing the Definition of Internal Audit (which it decided did not require updating, although we did decide to add a Mission of Internal Audit ), and answering the question of whether the IIA’s International Standards for the Professional Practice of Internal Auditing should be principle or rules based.

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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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FTC and DOJ Jointly Issue Draft Merger Guidelines

National Law Review M&A

Joel Mitnick Jurisdiction: All Federal Type of Law: Antitrust & Trade Regulation Mergers & Acquisitions Corporate & Business Organizations Litigation / Trial Practice

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Visa Spends $1 Billion For Pismo

Global Finance

Global Finance Magazine - Pismo’s platform will also help Visa provide support and connectivity for emerging payment gateways for financial institution customers.

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More Trending

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South Korea Allows Domestic Banking Partners

Global Finance

Global Finance Magazine - South Korea will allow new domestic players into its banking industry to break the domination of the sector by just five commercial banks.

Banking 75
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Ill. Judge Doubts Private T-Mobile-Sprint Merger Challenge

Law 360 M&A

An Illinois federal judge signaled Thursday that he has doubts over whether a group of AT&T and Verizon customers have standing to pursue antitrust claims blaming T-Mobile's $26 billion merger with Sprint Corp. for price increases they experienced two years later.

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HDFC Merger Makes Corporate History

Global Finance

Global Finance Magazine - Part of the reverse merger will strip& Housing Development Finance Corporation& of its promoter and the parent company, HDFC Ltd.

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Taylor Swift Fans' Live Nation Antitrust Suit Stays Federal

Law 360 M&A

A California federal judge denied Taylor Swift fans' motion to remand their antitrust suit against Ticketmaster to state court Thursday, adopting his tentative order that said he had jurisdiction over the case because the amount in controversy far exceeds the Class Action Fairness Act's $5 million aggregate minimum.

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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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Japan: E-Commerce Giant Takes Brokerage Arm Public

Global Finance

Global Finance Magazine - With the exception of its online brokerage unit,& profitability challenges persist across Rakuten Group’s companies.

Finance 75
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Illinois Cases To Watch In 2023: A Midyear Report

Law 360 M&A

A jury will decide appropriate damages for biometric privacy violations, federal antitrust regulators will put a relatively novel pharmaceutical theory to the test and nursing homes in the state will learn whether they'll need to tweak their contracts, as part of cases in Illinois worth watching for the rest of 2023.

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What could a new era mean for Latin America?

Mckinsey and Company

Current global challenges could usher in a new era. What might this mean for Latin American economies?

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2023 Is Far From Done With Government Merger Cases

Law 360 M&A

Even as they reel from major setbacks to their efforts to fundamentally beef up U.S. antitrust enforcement, the U.S. Department of Justice and the U.S. Federal Trade Commission will round out 2023 with more merger trials — many of which face similarly nettlesome hurdles that could derail the upcoming government cases, too.

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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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Tata Motors Tackles Debt With Historic Tech Unit IPO

Global Finance

Global Finance Magazine - The proposed listing comes as Tata Motors is trying to significantly reduce its debt pile.

Finance 75
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Higher ed is consolidating, transforming the sector

Mckinsey and Company

Enrollment challenges and financial strain are testing the viability of higher education. Strategic alliances offer a path forward, when undertaken with care.

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How to Leave Your Home to Your Children

Machen McChesney

Homes are one of the greatest and most expensive assets many people have. As a parent, you want your children to have your home after you die, but to ensure that your children are left with your home, there are some important steps that you must take.

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Embracing the generative AI opportunity with Power Platform

Avanade

Learn what’s possible with Microsoft Power Platform and generative AI and create value by enabling your makers, embracing fusion development, and creating your own Copilots.

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Scaling With Automation: How to Transform Four Key Compliance Processes Using Automation

Audit Board

Compliance automation is often beneficial for organizations that deal with sensitive data, and it has several benefits that impact security, cost savings, and reporting. As a result, compliance automation is an ideal starting point for implementing automation at your company. Building upon our exploration of the top four myths surrounding automation in “ The Truth Behind Automation ,” in this article we’ll do a deeper dive to uncover specific opportunities to initiate or advance automation in yo

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Microsoft-Activision Deal: FTC Agrees To Pause Trial, Opening Door For Settlement Talks

Benzinga

The U.S. Federal Trade Commission (F.T.C.) agreed to pause its in-house trial against the $69 billion acquisition of Activision Blizzard Inc. (NASDAQ: ATVI ) by Microsoft Corp. (NASDAQ: MSFT ). What Happened: The decision marks a significant victory for Microsoft and Activision as they strive to finalize the largest-ever gaming deal amidst regulatory hurdles in the U.S. and the U.K., Bloomberg reports.

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The Bootstrapped Startup’s Guide to Debt Financing

Lighter Capital

Bootstrappers know all too well that launching a new business with limited funds requires astute strategies. While a well-capitalized venture with several million dollars in the bank can behave like a large, established company from the jump, a bootstrapped startup has to manage cash more carefully, growing at a rate they can afford and control. Growing on your own steam may sound like a risky bet — providing an open window for competitors to overtake you in the market — but even in the tech ind

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Larry Summers Says Team Biden's Crackdown On M&A 'Almost Like A War On Business'

Benzinga

Former Treasury Secretary Larry Summers has expressed concern over the Biden administration’s crackdown on mergers and acquisitions, stating it “seems almost like a war on business,” Bloomberg reports. Concerns Over New Guidelines : Summers criticized the new guidelines proposed by the Justice Department and Federal Trade Commission (F.T.C.), which aim to curb the rise of companies seeking to dominate their industries by buying up rivals. “These guidelines — by moving awa

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Valuable tips on finding and being found. Did you know that consumers and your fellow members are searching ASA’s website daily for valuation experts? The Society has grown to become the go-to trusted source for qualified professionals in ALL appraisal specialties. Last fiscal year (July 1, 2022-June 30, 2023) over 3,000 members had their website profile viewed, that’s over two-thirds of total membership.

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What's Happening With Pasithea Therapeutics Stock Today?

Benzinga

Pasithea Therapeutics Corp (NASDAQ: KTTA ) shares are trading higher after the company confirmed that an independent special committee of its Board of Directors thoroughly reviewed and rejected an unsolicited, non-binding acquisition proposal from Lucy Scientific Discovery Inc (NASDAQ: LSDI ). Under the terms of the offer made on June 5, Lucy proposed to pay $0.60 in cash and.

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Keeping Up With M&A Case Law – Spotlight on Recent Delaware Decisions

Cooley M&A

The mergers & acquisitions market may wax and wane, but one thing in M&A is consistent from year to year: The Delaware courts issue opinions that impact M&A dealmaking. And this year is certainly no exception – Delaware courts continue to have plenty to say about M&A. While certainly not exhaustive (we were serious – the courts have been busy!

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Keurig Dr Pepper Invests $300M In Coffee Roaster La Colombe - What's On The Cards?

Benzinga

Keurig Dr Pepper Inc (NASDAQ: KDP ) has signed a strategic partnership with La Colombe , an independent coffee roaster. KDP will make a cash investment in La Colombe of $300 million , representing a multiple of about 3.0X estimated 2024 consolidated net sales, in exchange for a 33% ownership stake in the company. The. Full story available on Benzinga.

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Loan Management System – Benefits For Banks And Financial Service Providers

Financial Analyst Insider

The realm of loan management, stretching from loan origination to servicing, presents many unique challenges. Navigating intricate underwriting procedures, managing extensive portfolios, guaranteeing timely collections, The post Loan Management System – Benefits For Banks And Financial Service Providers appeared first on Financial Analyst Insider.

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Demand for urban real estate will be challenged for the rest of the decade. Here’s how the world’s superstar cities are projected to fare by 2030

Mckinsey and Company

Many thinkers today, like those bearded sign-bearers in the cartoons, are proclaiming that the end is near, at least for big cities. Is the doomsaying accurate? The good news is that the bleakest forecasts are too gloomy. The bad news is that urban real estate is indeed facing substantially reduced demand. Stakeholders–owners, tenants, cities, investors, and banks–need to adapt, and they need to do it now.

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Benchmark International Successfully Facilitated The Transaction Between Steck Manufacturing Company And Milton Industries

Benchmark Report

Benchmark International Successfully Facilitated The Transaction Between Steck Manufacturing Company And Milton Industries

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Sending it forward: Successfully transitioning out of the CEO role

Mckinsey and Company

Great CEOs know that the transition to their successor will define their legacy and cement the strength of what they’ve built. Here’s how they do it right.

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Where Blackstone will hunt for its next trillion

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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European mid-cap consumer companies’ plans for growth in a changing environment

Mckinsey and Company

Anticipating new challenges, executives from European mid-cap consumer companies expect to increase their investment levels while trusting a broad set of growth levers.

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French Group To Acquire Collins Aerospace Unit In $1.8B Deal

Law 360 M&A

French aerospace group Safran SA said Friday it will buy Collins Aerospace's flight-control business in a cash deal with a total value of $1.8 billion as it eyes future growth.

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Wachtell Lipton Revisits the “New Paradigm” for Corporate Governance

Reynolds Holding

In view of the attacks on “woke” corporations, ongoing legislative opposition to the consideration by investors and corporations of environmental, social and governance (ESG) issues, legal challenges to elements of ESG itself (notably, initiatives designed to further diversity, equity and inclusion), and the attendant political polarization, we undertook to revisit The New Paradigm: A Roadmap for an Implicit Corporate Governance Partnership Between Corporations and Investors to Achieve Sustainab