Thu.Mar 21, 2024

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Corporate Culture Homogeneity and Top Executive Incentive Design: Evidence from CEO Compensation Contracts

Harvard Corporate Governance

Posted by Dennis Campbell (Harvard Business School), Ruidi Shang (Tilburg University), and Zhifang Zhang (Warwick Business School), on Thursday, March 21, 2024 Editor's Note: Dennis Campbell is Dwight P. Robinson Jr. Professor of Business Administration at Harvard Business School, Ruidi Shang is Associate Professor of Accountancy at Tilburg University, and Zhifang Zhang is Associate Professor of Accountancy at Warwick Business School.

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What is artificial general intelligence (AGI)?

Mckinsey and Company

Artificial general intelligence (AGI) is a theoretical AI system with capabilities that rival those of a human. Many researchers believe we are still decades, if not centuries, away from achieving AGI.

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Artificial Intelligence: An engagement guide

Harvard Corporate Governance

Posted by Severine Neervoort and Wendela Rang, International Corporate Governance Network (ICGN), on Thursday, March 21, 2024 Editor's Note: Severine Neervoort is Global Policy Director, and Wendela Rang is Policy Executive at International Corporate Governance Network (ICGN). This post is based on their ICGN memorandum. 1. Introduction Artificial intelligence (AI) presents both extraordinary opportunities and complexities for today’s companies.

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2024 Global Construction Industry Report

Benchmark Report

The Global Architecture, Engineering & Construction (AEC) market was valued at $10.05 billion in 2023, with a forecasted compound annual growth rate of 10.3% to reach $24.36 billion by 2032.

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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 Adopts Climate Disclosure Rules

Harvard Corporate Governance

Posted by Archie Fallon, Robert B. Stebbins, and William L. Thomas, Willkie Farr & Gallagher LLP, on Thursday, March 21, 2024 Editor's Note: Archie Fallon and Robert B. Stebbins are Partners, and William L. Thomas is Counsel at Willkie Farr & Gallagher LLP. This post is based on a Willkie memorandum by Mr. Fallon, Mr. Stebbins, Mr. Thomas, Adam S.

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Novel proteins: Consumer appetite for sustainably made ingredients

Mckinsey and Company

Novel ingredients could shape the future of food—but are consumers willing to try (and pay for) them? Our survey on US consumer sentiment offers insights for formulators, brands, and retailers.

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More Trending

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Canadian Supplement Co. Seeks US Bankruptcy Recognition

Law 360 M&A

A nutritional supplement supplier based in Montreal told a Delaware bankruptcy judge Thursday it needs the U.S. court to recognize of its Canadian insolvency proceedings, reasoning that an eviction threat may cut off access to assets in California the debtor needs for its sale plans.

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Comment on Marcia Fudge leaving HUD! by Jack Preacher

Appraisers Blog

Dear Whining Appraisers, I have been reading posts by many of you over the past couple of months. Good grief, I have never seen so much whining and complaining. Apparently the majority of you have zero business right now and times are slow. Sorry to hear that. The fees that people charge or want to charge are ridiculous, stupid and are causing banks to put appraisal waivers in place.

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Gen AI and ROI: Key takeaways from HIMSS24

Avanade

The progress being made to incorporate generative AI into all aspects of healthcare could be seen and heard throughout the halls at HIMSS24.

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Comment on Marcia Fudge leaving HUD! by LW

Appraisers Blog

In reply to Jack Preacher. Dear Jack Preacher, You must not be an appraiser because not only have I had to go behind “desktop appraisers” based out of other states where they have zero geographical competency, but I’m a homeowner also and the one I received by a desktop appraiser , for myself, was so far off value that they had to pull a local appraiser out to do a real appraisal.

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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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What Bankers Need to Know About NIST 2.0

N Contracts

The National Institute of Standards and Technology (NIST) Cybersecurity Framework is the gold standard for cybersecurity – and it’s undergone its first major update since it was released in 2014. What does NIST 2.0 mean for financial institutions that rely on NIST ’s framework to reduce cybersecurity risk?

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Comment on Marcia Fudge leaving HUD! by Jack Preacher

Appraisers Blog

Dear LW, More than likely you are a whining home owner who thinks their home is worth 10 times more than it really is. So you whined hard enough to the bank to have a full appraisal done. I bet you it was the same or within a couple thousand either way. No time for losers LW, have a nice life. I have performed more than 20k full appraisals and still going strong.

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Nationwide members deserve a vote on Virgin deal – but won’t get one | Nils Pratley

The Guardian M&A

With the £2.9bn acquisition having big sway over its future, owners should have a say, but democractic governance is blocked Should the members of Nationwide be allowed to vote on their building society’s £2.9bn acquisition of Virgin Money ? Well, of course they should. The concept of mutual ownership can be fuzzy around the edges, but a deal that will expand the society’s assets by about a third is precisely the sort of transaction where the members should have the final say.

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Comment on Marcia Fudge leaving HUD! by Mary T Thompson

Appraisers Blog

In reply to Jack Preacher. I do not appreciate you saying “the majority of you out there are bias” What proof do you have other than the lies you read in the media. Do a little more research please and you will find some eye opening facts about the bogus bias claims against Appraisers. Yes, Fannie thinks driveby’s or hybrids may be better as they do not want to let the Appraiser see the owners because they will apply some sort of bias.

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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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Shaping tomorrow’s talent agenda for the public sector

Mckinsey and Company

Vast demographic changes are transforming the world and profoundly affecting how the public sector manages talent. Six priorities can help leaders shape a robust talent framework for the future.

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Nationwide agrees £2.9bn deal to take over Virgin Money

The Guardian M&A

Richard Branson has already indicated he will back takeover that will require the agreement of the group’s shareholders Nationwide Building Society is lined up to take over its smaller rival Virgin Money after the pair formally agreed a deal worth £2.9bn. The deal, which will solidify Nationwide’s position as the UK’s second largest mortgage lender, will also trigger the resignation of Virgin Money boss David Duffy, and is likely to lead to job cuts as well as an official “review” of the combine

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Are women’s prime working years in peril?

Mckinsey and Company

Women’s healthcare has been neglected for decades. McKinsey research dispels some of the myths about women’s health and suggests ways to significantly improve health outcomes—and the economy.

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Unilever approaches private equity for its ice cream business

Financial Times M&A

Bankers at Morgan Stanley and JPMorgan reach out to buyout groups after parent company says it will jettison the division

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Market Definition for Patented Products: The Second Circuit Reinstates Regeneron v. Novartis

Mogin Rubin M&A

Written by Jonathan Rubin, Partner and Co-Founder of MoginRubin LLP The Second Circuit U.S. Court of Appeals has reinstated an antitrust complaint brought by pharma firm, Regeneron Pharmaceuticals, Inc., against the Swiss pharmaceutical giant, Novartis Pharma AG, and outside fulfillment firm, Vetter Pharma International GmbH. The appeals court held that it was error for the district court to reject Regeneron’s antitrust claims.

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Paramount in the Spotlight, Apollo Global Management Bids Big For Film and TV Studio

Benzinga

Apollo Global Management Inc (NYSE: APO ) has placed an $11 billion bid to purchase the film and TV studio of Paramount Global (NASDAQ: PARA ) (NASDAQ: PARAA ), outpacing the company’s entire market value of approximately $7.7 billion. This proposal is part of a broader review by Paramount’s independent committee. It is also considering a merger offer from Skydance Media, aiming to integrate the entirety of Paramount, including its holdings like CBS and Nickelodeon, the Wall Street J

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EU wrong to block Illumina’s $8bn takeover of Grail, says court adviser

Financial Times M&A

Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled

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UK Says £16.5B Vodafone-Three Deal May Hurt Consumers

Law 360 M&A

Britain's antitrust authority said Friday that plans by Vodafone and Three to merge their U.K. telecommunications networks to create a £16.5 billion ($20.8 billion) mobile operator could lead to higher prices for consumers.

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Nationwide to buy Virgin Money for £2.9bn

Financial Times M&A

Companies confirm details outlined this month to form challenger to UK’s biggest banks

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SEC's 'Shadow Trading' Trial To Test Insider Info Boundaries

Law 360 M&A

If the U.S. Securities and Exchange Commission can convince jurors hearing its first-ever "shadow trading" case next week to find a former executive in the wrong for buying up a competitor's securities while having insider information about his own company, the floodgates could open to civil and criminal prosecution of other corporate insiders under the novel legal theory, attorneys told Law360.

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Metal Manufacturing Companies Achieve Accelerated Growth through M&A

Sun Acquisitions

Strategic mergers and acquisitions (M&A) have emerged as a powerful vehicle for transcending regional limitations and establishing an expanded presence in new territories. Almost all of our recent manufacturing clients have achieved or contributed to significant enterprise growth through acquisition. This article delves into how M&A can be a game-changer for metal manufacturing firms looking to broaden their horizons and expand their geographic footprint.

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Autonomy Jury Hears Of 'Handshake Deal' To Pad Revenue

Law 360 M&A

A onetime Autonomy Corp. customer took the stand Thursday in the California federal criminal trial of former CEO Michael Lynch, describing a "handshake" deal to pay the company $7.5 million with the understanding the funds would be returned — part of an alleged plot to fraudulently inflate Autonomy's revenues.

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EU Antitrust Regulators Overstepped in Illumina-Grail Deal, Says Court Adviser

Benzinga

In a setback for EU antitrust regulators, an adviser to Europe’s top court has criticized the decision to block Illumina Inc’s (NASDAQ: ILMN ) $7.1 billion bid for Grail Inc., stating that they exceeded their powers. The adviser’s opinion, if upheld by judges, could impact the EU competition enforcer’s approach to other merger deals, including one involving Qualcomm Inc (NASDAQ: QCOM ).

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Directors of Public Cos. Back Trian CEO Amid Disney Proxy Fight

Law 360 M&A

Thirteen current and former public company directors, all of whom have worked with Trian Fund Management and CEO Nelson Peltz, sent a letter to The Walt Disney Company's board of directors Thursday highlighting why they believe Peltz would make a good addition to the board amid a heated proxy battle.

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Analytics Firm Clarivate Acquires AI Start-Up MotionHall - What's On The Cards?

Benzinga

Clarivate Plc (NYSE: CLVT ) has entered into an agreement to acquire the majority of assets of MotionHall , a Silicon Valley technology start-up. MotionHall serves life sciences with vertical artificial intelligence (AI) solutions. The financial terms of the transaction were not revealed. The acquisition will help as a key component of the Clarivate Life.

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Avoid Major Extension Of Merger Reach, EU High Court Urged

Law 360 M&A

An important tool for extending European Union antitrust officials' merger scrutiny appears to be in jeopardy after a European Court of Justice advocate general effectively recommended Thursday that the bloc's high court restrict the ability to investigate transactions that don't normally trigger EU thresholds.

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Electrical Equipment Appraisals

Peak Business Valuation

Electrical machinery and equipment power our daily lives. Without it, transportation systems, communication networks, and infrastructure would fail. In the same way, an understanding of electrical equipment powers strategic business decisions. Understanding the value of electrical equipment is key for buying, selling, and growing a business. To understand electrical equipment’s financial value , obtain an electrical equipment appraisal.

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CymaBay Investor Sues For Books On $4.3B Gilead Merger

Law 360 M&A

A shareholder of liver disease-focused biopharmaceutical company CymaBay Therapeutics Inc. sued the company in Delaware Chancery Court to extract more information over a proposed $4.3 billion merger with Gilead Sciences Inc., saying CymaBay has refused to hand over previously requested documents regarding the valuation analyses without a legitimate excuse.

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US regulator proposes new limits on big bank mergers

Financial Times M&A

FDIC to increase scrutiny for deals creating lenders with more than $100bn in assets

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UpHealth Claims $110M Win In Glocal Control Fight

Law 360 M&A

Global digital health company UpHealth Inc. says an arbitral panel has awarded it more than $110 million following a dispute that arose out of its subsidiary's acquisition of Glocal Healthcare Systems in 2020 — even as Glocal decried the award as "one-sided and perverse.

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