Tue.Apr 16, 2024

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Cybersecurity, audit, and the board: How does board oversight impact cybersecurity performance?

Harvard Corporate Governance

Posted by Edna Twumwaa Frimpong and Dottie Schindlinger, Diligent Institute, and Derek Vadala, Bitsight, on Tuesday, April 16, 2024 Editor's Note: Edna Twumwaa Frimpong is Director of International Research and Dottie Schindlinger is Executive Director at Diligent Institute; and Derek Vadala is Chief Risk Officer at Bitsight. This post is based on a recent report by Ms.

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Driving long-term business transformation

Mckinsey and Company

What it takes to get transformation right, setting a company up to operate better today and handle disruption and change tomorrow with energized, creative employees.

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Trending Sources

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What Do Shareholders Propose?

Harvard Corporate Governance

Posted by Ali Saribas and Carmen Ng, SquareWell Partners, on Tuesday, April 16, 2024 Editor's Note: Ali Saribas is a Partner, and Carmen Ng is a Director at SquareWell Partners. This post is based on their SquareWell memorandum. i. Introduction SquareWell published the inaugural edition of “ What do Shareholders Propose “, a comprehensive review of all shareholder proposals related to environmental, social, and governance (“ESG”) topics in Europe and the United States for 2022 and 20

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Benchmark International Successfully Facilitated The Transaction Between Bitco Telecoms (Pty) Ltd To Link Africa Holdings (Pty) Ltd

Benchmark Report

Benchmark International is pleased to announce the successful sale of BitCo Telecoms, a leading provider of business wireless and voice over IP solutions, to Link Africa, one of the leading cost-effective independent fibre network operators in South Africa

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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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Dissecting the Long-Term Performance of the Chinese Stock Market

Harvard Corporate Governance

Posted by Jun Qian (Fudan University), on Tuesday, April 16, 2024 Editor's Note: Jun Qian (QJ) is Professor of Finance and Executive Dean at the Fanhai International School of Finance (FISF), Fudan University. This post is based on a forthcoming article in the Journal of Finance by Franklin Allen , Professor Qian, Chenyu Shan , and Julie Lei Zhu. The Chinese stock market started in 1990 with the establishment of two domestic stock exchanges (the “A share” market): the Shanghai Stock Exchange (SS

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Comment on UWM Underwriters Subsidized by Appraisers by Spencer Paul

Appraisers Blog

Keep asking for more. Once they that this is just another additional fee that will get dumped on to the borrower for higher fees, they will just order with higher fees to start.

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Comment on AI to Counter Flawed Appraiser Bias Narrative by DNOVD

Appraisers Blog

I agree with some of the sentiments made by Charles; however, no one is being chastised for their current efforts. The facts are the facts and while acknowledging the current efforts are a step in the right direction, no one will forget, anytime soon, that when needed most, no one was home at AI. The situation was allowed to fester to a fever pitch.

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TPRM 101: What is Vendor Monitoring for Financial Institutions?

N Contracts

Vendors make promises. They say they’ll comply with applicable laws and regulations and that their security controls are impenetrable. They swear they’ll never violate the terms of their contract. But is that really what’s going to happen?

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Comment on AI to Counter Flawed Appraiser Bias Narrative by PD

Appraisers Blog

This is a good thing however more likely it is driven by which way the wind is blowing. With industry blowback about their not having appraisers backs they chose at a critical period to throw appraisers under the bus by inaction. Now that there are stirrings of pushback by appraisers and appraiser law suits they are now stepping up to the plate to be in a position to say they stopped the false narrative just like a good fair weather friend would do.

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Value creation through business model innovation in US healthcare

Mckinsey and Company

Innovative business models in US healthcare are creating substantial value, but much opportunity remains, even among the fastest-growing organizations.

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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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Comment on UWM Underwriters Subsidized by Appraisers by Spencer Paul

Appraisers Blog

In reply to Pat. Carving out an agenda that does not include protecting consumers in the mortgage space. I’m not sure they are really even protecting the “protected” classes. They are like the wind, blow this way and that, always changing.

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Zigzag Pattern | No. 176

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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Comment on UWM Underwriters Subsidized by Appraisers by Larry Fuller

Appraisers Blog

Yeah,… this is gonna be a NO for me. Not only is the AMC taking part of my fee I am now being asked to pay for a critique of my work?? This is gonna be a “NO” for me… So to the appraisers out there … “What are you prepared to do?

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Don't Have a Tax-Favored Retirement Plan? Set One up Now.

Machen McChesney

If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions.

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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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Comment on UWM Underwriters Subsidized by Appraisers by Mary Cummins

Appraisers Blog

This is the same UWM being sued for steering. There’s also another class action against them for discrimination and mortgage denials. There’s probably some merit to the first lawsuit. I don’t know if the second one is just a shake down lawsuit. We all know that underwriters don’t know race of borrowers. Loans are denied for many factors but race is not one of them.

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How to protect your business with succession planning

JPAbusiness

Succession planning is about protecting your business against the risk of failure should key people - including yourself - leave. People often confuse the practice of business ‘succession planning’ with ‘retirement planning’. They are, of course, very different concepts. Succession planning is a valuable activity for any business, at any stage , regardless of whether the owner is considering retiring, selling or staying with the business for many years to come.

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Comment on UWM Underwriters Subsidized by Appraisers by PD

Appraisers Blog

Ya’all control your destiny. You can keep them in business screwing you over or bring them to their senses. But as long as we have weak, selfish individuals that will never happen.

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Tristan Tahmaseb Featured in ACG’s Middle Market Growth

Butcher Joseph & Co.

ButcherJoseph & Co. Vice President Tristan Tahmaseb’s article “Winning M&A Strategies During Tough Market Conditions” as featured in the Associa. The post Tristan Tahmaseb Featured in ACG’s Middle Market Growth appeared first on ButcherJoseph & Co.

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Comment on UWM Underwriters Subsidized by Appraisers by TP

Appraisers Blog

This is clearly an underwriting fee. It is a closing cost concession that is being paid by the appraiser for the benefit of the borrower. It should be disclosed on the front of the 1004 under financing concessions, and in the closing statement (old HUD-1).

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Salesforce seeks competitive edge with its climate and nature action

Mckinsey and Company

Tim Christophersen, vice president, climate action at Salesforce, talks about the global software leader’s climate and nature strategy and the lessons learned from its pursuit of net zero.

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Comment on UWM Underwriters Subsidized by Appraisers by Just another appraiser

Appraisers Blog

It’s way worse than that in the market. These portal fees are shared with the lenders. Let’s say ABC Portal charges $15 but the lender also wants $15 for each order. So they charge us $30 and place 1/2 the money into a straw bank account. I was told this directly from one of the portals we all use. Blows my mind! They do not see any wrong in it.

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UK packaging firm DS Smith agrees £5.8bn takeover by US group

The Guardian M&A

International Paper settles all-share deal after tussle with British rival Mondi Business live – latest updates The FTSE 100 UK packaging firm DS Smith is to be taken over by a bigger US rival, International Paper, after the companies agreed a £5.8bn all-share deal. Tennessee-based International Paper, one of the largest paper and pulp companies in the world, moved in late March to gatecrash a £5.14bn all-share deal put forward by its British rival Mondi, based in Weybridge, that month.

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Comment on Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? by Christopher K.

Appraisers Blog

Is this accurate? Regression-based standardization is a practical alternative to the direct method. It can produce more reliable estimates than the direct or indirect method when calculations are based on small numbers.

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Springtime for Canada’s fintech industry?

Mckinsey and Company

The uptake of digital financial services is low in Canada compared with other similar economies. Developments in five areas will determine if the industry is about to blossom.

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Comment on UWM Underwriters Subsidized by Appraisers by Older and maybe Wiser

Appraisers Blog

Technology fee. Platform fee. Upload fee. Processing fee. Portal fee. Fee. Fee. Fee. When it started, appraisers brushed it off, saying “add it to the cost that you bid” I said way back then, that is the wrong thing to do. AMC’s started adding more fee’s for the appraiser to pay, all the while offering less income for each appraisal report.

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Ex-Minority Owner Of Commanders Sues BofA Over Team Sale

Law 360 M&A

A former minority owner of the Washington Commanders has accused Bank of America and affiliated entities of conspiring with the team's former majority owner to buy 40% of the franchise at a discount, only to turn around and later sell all of it for $6 billion.

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Comment on UWM Underwriters Subsidized by Appraisers by Bill Johnson

Appraisers Blog

As I’ve noted several times my primary city of practice is San Diego CA which happens to be the most expensive place to live in the U.S [link]. A standard 1004 pays $505 minus a platform fee of $16.40, a processing fee of $14.95, and now a bogus fee of $29 (Net of $444.65). Of note, the processing fee is a forced fee relating to getting paid electronically as its not an option to get a check.

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Hedge Fund Asks Court To Toss REIT's Suit In Takeover Row

Law 360 M&A

New York hedge fund Blackwells Capital LLC fired off the latest shot in its ongoing board takeover spat with a Texas-based hotel real estate investment trust, asking Monday for a federal judge to toss a lawsuit aimed at warding off the proxy contest.

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Comment on UWM Underwriters Subsidized by Appraisers by Tracy Flick

Appraisers Blog

UWM claims its Appraisal Direct service is NOT an AMC, and they are not licensed as an AMC as far as I can tell. So how are they retaining income from appraisals? Isn’t that operating as an AMC without appropriate license?

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9th Circ. Upholds Tossing Skillz Gaming Tech Investor Suit

Law 360 M&A

The Ninth Circuit on Tuesday upheld a decision to toss a proposed class action claiming that mobile gaming company Skillz Inc. misled investors about its technology prior to a 2021 merger with a special purpose acquisition company, ruling that issues with the gaming software do not make the company' statements false or misleading.

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Comment on UWM Underwriters Subsidized by Appraisers by Donna Taylor

Appraisers Blog

I stopped working for AMCs about 5 yrs ago. However, for the time that I did work for AMCs I’d let them know that if they added any fees for any reason, it was not coming out of my fee. The ones that barked and said they would not add it to my fee, I bid good-by. The others I did business with for years until I decided to no longer work for AMCs.

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NC Treasurer Backs FTC On Hospital Merger Challenge

Law 360 M&A

North Carolina's treasurer agreed Monday that Novant Health's $320 million plan to pick up a pair of hospitals is a bad idea, throwing its weight behind the Federal Trade Commission's challenge to the deal in federal court.

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Comment on UWM Underwriters Subsidized by Appraisers by Jason

Appraisers Blog

Nothing shocking here. The amount of work has slowed and the parasites don’t want their bottom lines to drop. I can almost here those clowns saying, “Let’s just pass along our costs to the appraiser… again.

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Autonomy CEO Pressured JPMorgan Over Analyst, Jury Told

Law 360 M&A

An ex-JPMorgan stock analyst testifying Tuesday in the criminal fraud trial of former Autonomy CEO Michael Lynch told jurors that the software company founder responded with hostility when his research reports questioned its growth, and that Lynch offered JPMorgan millions in business if he were taken off the Autonomy beat.

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