Tue.Nov 08, 2022

article thumbnail

Crafting the ‘G’ in ESG: Accountability in the Boardroom

Harvard Corporate Governance

Posted by Amma Anaman, Helle Bank Jørgensen, and Chantal Wessels, Nasdaq, Inc., on Tuesday, November 8, 2022 Editor's Note: Amma Anaman is Associate General Counsel and Legal Relationship Manager, Helle Bank Jørgensen is CEO of Competent Boards, and Chantal Wessels is Vice President, Head of Global Reporting and Corporate ESG at Nasdaq, Inc. This post is based on a publication by the Nasdaq Center for Board Excellence.

Banking 259
article thumbnail

Startup Valuation: navigating opportunity

Equidam

“Every number in your valuation has to have a story that’s attached to it. And every story you tell me about a company has to have a number attached.”. This quote, from Aswath Damodaran , Professor of Finance at the Stern School of Business at New York University, is one of the more fundamental truths about valuation. With any product that you might consider buying, ‘story’ is a crucial component of that decision.

Finance 117
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Establishing Norms for Director Behavior to Enhance Board Culture and Effectiveness

Harvard Corporate Governance

Posted by Holly J. Gregory, Sidley Austin LLP, on Tuesday, November 8, 2022 Editor's Note: Holly J. Gregory is a Partner and co-chair of the Global Corporate Governance practice at Sidley Austin LLP. This post is based on her Sidley memorandum. Board culture—the shared values, beliefs, assumptions, and expectations that influence behavior in the boardroom—plays a considerable role in the board’s ability to govern in an effective and efficient manner.

243
243
article thumbnail

How to streamline accounting processes—a step-by-step guide

ThomsonReuters

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But how do you take full advantage of technology to streamline accounting processes? . The answer lies in implementing an end-to-end tax workflow automation solution backed by an integrated technology ecosystem.

Start-ups 105
article thumbnail

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.

article thumbnail

Governance and the Decoupling of Debt and Equity: The SEC Moves

Harvard Corporate Governance

Posted by Henry T. C. Hu (University of Texas), on Tuesday, November 8, 2022 Editor's Note: Henry T. C. Hu is the Allan Shivers Chair in the Law of Banking and Finance at the University of Texas Law School. This post is based on his recent paper , forthcoming in Capital Markets Law Journal, and is part of the Delaware law series ; links to other posts in the series are available here.

Equity 198
article thumbnail

Binance To Acquire FTX.com As It Faces 'Liquidity Crunch': Here Are The Early Details

Benzinga

Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details. What Happened: The overall cryptocurrency market capitalization dropped on Tuesday on the heels of Binance selling its position in the FTX token (CRYPTO: FTT ). The price of FTT significantly dropped over the last 24 hours and led to many of the top cryptocurrencies like Bitcoin (CRYPTO: BTC ) and Ethereum (CRYPTO: ETH ) falling.

More Trending

article thumbnail

Jim Cramer Is Bullish On Cannabis Stocks Ahead Of Midterm Elections: 'I Say Buy Tilray'

Benzinga

Mad Money host Jim Cramer said last week during a Lightning Round segment that now is a good time to invest in Tilray. Responding to a caller who asked when was the right time to get back in cannabis stocks - now or after the midterms? Cramer replied without hesitation. "Now." “I’ll tell you why now. Because, I don’t know if you saw that opioid settlement, but all that could have been avoided if this country had just been open-minded to cannabis.

article thumbnail

A new approach to fighting fraud while enhancing customer experience

Mckinsey and Company

Fraud has escalated as digital adoption has increased. The situation requires that organizations simultaneously combat fraud and provide customers with a seamless digital experience.

97
article thumbnail

From Courts To Polls: BigLaw Turns Out To Protect The Vote

Law 360 M&A

Dozens of BigLaw firms, including Reed Smith LLP, Latham & Watkins LLP and Simpson Thacher & Bartlett LLP, turned out to protect voting rights in the midterm elections by manning voter hotlines on Tuesday and taking charge of high-stakes litigation.

97
article thumbnail

Four key capabilities to strengthen a fraud management system

Mckinsey and Company

In the face of new fraud methods and increasing incidence of fraud, companies must continually identify and address vulnerabilities. Success will require core capabilities in four areas.

96
article thumbnail

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

article thumbnail

Microsoft Faces EU Probe Of $69B Activision Blizzard Deal

Law 360 M&A

Europe's competition enforcement agency announced an in-depth investigation into Microsoft's proposed $68.7 billion buyout of Activision Blizzard on Tuesday, citing concerns that the deal could reduce competition for video games and personal computer operating systems.

96
article thumbnail

Fashion-forward in the metaverse

Mckinsey and Company

Irene-Marie Seelig, co-founder and CEO of AnamXR, says the metaverse is tailor-made for fashion brands looking to help people clothe their digital personas. An edited version of the conversation from our ‘Value creation in the metaverse’ report follows.

article thumbnail

Binance to Buy FTX in Megadeal of Crypto Exchanges

NYT M&A

Binance, the world’s largest cryptocurrency exchange, said it had reached a deal to buy FTX, amid fears the industry could enter another meltdown.

article thumbnail

Binance to buy FTX in major cryptocurrency exchange merger

The Guardian M&A

Public squabble between the two largest offshore exchanges’ bosses led to run on FTX and forced sale The two largest offshore cryptocurrency exchanges are merging, after a week of public squabbling between Binance’s chief executive, Changpeng Zhao, and FTX’s boss, Sam Bankman-Fried, triggered a bank run at the latter’s exchange and an embarrassing forced sale on Tuesday.

Banking 87
article thumbnail

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.

article thumbnail

Musk sells almost $4bn worth of Tesla shares after Twitter deal closes

Financial Times M&A

Billionaire has unloaded nearly $20bn worth of stock in carmaker since announcing $44bn takeover of social media platform

98
article thumbnail

The McKinsey Crossword: Non-Gray Anatomy | No. 101

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.

78
article thumbnail

Regulatory Brief for October 2022: CFPB continues rulemaking while fending off legal challenges & regulators getting serious about “unfair” fees and expanding the Durbin amendment

N Contracts

Keeping up with regulatory change is a full-time job. That’s why Ncontracts has a team of regulatory attorneys and certified compliance professionals dedicated to making sure we have the latest, most-up-to-date information on regulations, guidance, and which way the regulatory winds are blowing.

article thumbnail

5 things I learned about leadership from Malala Yousafzai

Avanade

Ruth Rowan, Avanade CMO, shares 5 takeaways from her recent conversation with Malala Yousafzai.

98
article thumbnail

25 AGs Ask Calif. Court To Back FTC Against Meta VR Merger

Law 360 M&A

A bipartisan group of 25 attorneys general asked a California federal court on Monday to block Meta's proposed purchase of virtual reality company Within while the deal faces anticompetitive claims from the Federal Trade Commission.

75
article thumbnail

What’s Hot on Checkpoint for Payroll and Benefits Professionals?

ThomsonReuters

In this edition, we take a look at the new 1099 filing platform, WARN laws, and annual cost-of-living adjustments to key figures. Please note that access to the resources below requires a Checkpoint subscription except as otherwise stated. Not yet a subscriber? Sign up for a free 7-day trial today! New 1099 Filing Platform to Launch in 2023. Who needs to know : Payroll professionals, payroll departments, tax departments, third-party payroll providers.

69
article thumbnail

How Civilian Attorneys Can Help Veterans

Law 360 M&A

With legal aid topping the U.S. Department of Veterans Affairs' annual list of unmet needs of veterans facing housing insecurity, nonmilitary volunteer attorneys can provide some of the most effective legal services to military and veteran clients, say Anna Richardson at Veterans Legal Services and Nicholas Hasenfus at Holland & Knight.

75
article thumbnail

Cerberus in line for historic windfall from Albertsons supermarket deal

Financial Times M&A

Mounting opposition threatens $12bn payout for investor group that built US grocery empire

97
article thumbnail

DC Judge Won't Block Albertsons' $4B Shareholder Payout

Law 360 M&A

A D.C. federal judge refused Tuesday to temporarily block Albertsons' planned $4 billion payment to shareholders, concluding the dividend is separate from Kroger's proposed $24.6 billion purchase of the company and thus cannot be an anticompetitive agreement, in a decision that spells trouble for any direct merger challenge.

article thumbnail

What CEOs Really Get Paid under Long-term Incentive Plans

Reynolds Holding

U.S. public firms increasingly use long-term performance-based plans to compensate CEOs. Under these plans, CEOs are expected to receive different levels of pay based on how the firm performs relative to various performance goals over multi-year periods. For example, Tesla gave Elon Musk a controversial pay package in 2018 with an initial estimated value of $2.6 billion and a potential payout of over $50 billion.

article thumbnail

What’s Hot on Checkpoint for Accounting, Audit, and Corporate Finance Professionals?

ThomsonReuters

In this edition, we take a look at recent editions to Checkpoint’s ESG toolkit, new SEC rules on clawback of executive compensation, and new FASB guidance on revenue contracts. Please note that access to the resources below requires a Checkpoint subscription except as otherwise stated. Not yet a subscriber? Sign up for a free 7-day trial today!

article thumbnail

What is PTET?

Henry Horne

Has your accountant been stumbling with talking to you about pass-through entity tax (PTET), and now you’re wondering what is PTET? Well, it is not exactly an easy thing to explain but we’ll give it a shot. Don’t miss: The Work Opportunity Tax Credit Somewhere in the vicinity of 22 states have passed of a … Keep Reading. The post What is PTET?

59
article thumbnail

XPO’s Brad Jacobs on building businesses through M&A

Mckinsey and Company

Having done hundreds of deals, the leader of the logistics company explains what he’s learned matters most when making acquisitions.

article thumbnail

Update to Required Minimum Distributions for Inherited Qualified Benefit Plans

Redpath

November 8, 2022 - The Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to issue final regulations related to required minimum distributions (RMDs) for inherited qualified benefit plans that will apply to the 2023 distribution calendar year.

article thumbnail

The Continuous Monitoring Lifecycle: 7 Steps for Building a Strong Foundation

Audit Board

As the business landscape changes, compliance is becoming increasingly relevant across all industries. With risks constantly changing and driving new compliance requirements, compliance programs must be able to respond to changes with agility. This highlights the importance of incorporating a continuous monitoring approach. . NIST defines continuous monitoring as: “Maintaining ongoing awareness of information security, vulnerabilities, and threats to support organizational risk management decisi

article thumbnail

2023 Limits for Businesses That Have HSAs - Or Want to Establish Them

Machen McChesney

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits is through an employer-sponsored Health Savings Account (HSA). For eligible individuals, an HSA offers a tax-advantaged way to set aside funds (or have their employers do so) to meet future medical needs.

52
article thumbnail

Binance Plans To Buy FTX Amid Liquidity Issues

Law 360 M&A

Binance CEO Changpeng Zhao said Tuesday the cryptocurrency giant plans to acquire competitor FTX in a deal that will help cover a liquidity crunch at its biggest rival, marking a potentially huge shakeup in the crypto industry.

52
article thumbnail

What you need to know about the expanded Residential Clean Energy Credit from the Inflation Reduction Act

ThomsonReuters

On August 16, 2022, the Inflation Reduction Act was signed into law by President Biden. A large portion of this bill includes climate change provisions. For tax practitioners, this is all about energy credits. . Let’s take a look at four key provisions within the Inflation Reduction Act that relate specifically to energy efficient property credits. .

article thumbnail

With 9.5% CAGR, Blood Group Typing Market Size worth USD 3.71 Billion by 2029

Benzinga

Pune, India, Nov. 08, 2022 (GLOBE NEWSWIRE) -- The global blood group typing market size was valued at USD 1.62 billion in 2021. The market is expected to expand from USD 1.96 billion in 2022 to USD 3.71 billion by 2029, exhibiting a CAGR of 9.5% over the estimated period. The rise can be credited to the surging number of accident and trauma cases at the global level.

article thumbnail

Warning: Your on-premises technology is on the verge of extinction

Avanade

Find out how Avanade’s migration strategy can help you avoid the costs and risks of end-of-life technology and open new opportunities for future workplace innovation.