Mon.Dec 05, 2022

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Cybersecurity Disclosures What Progress has been made?

Harvard Corporate Governance

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Monday, December 5, 2022 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services. This post is based on an ISS Corporate Solutions memorandum by Senior Editor, Paul Hodgson. Disclosures on cybersecurity practices for the S&P 500 and the remainder of the Russell 3000 are inching forwards in the face of increased expectations to be introduced by the Securities and Exchange Commissi

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What is blockchain?

Mckinsey and Company

Blockchain is a secure database shared across a network of participants, where up-to-date information is available to all participants at the same time.

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The Flaw in Anti-ESG Logic: Financial Interests of Companies Like Meta Don’t Always Align with Those of Its Shareholders

Harvard Corporate Governance

Posted by Frederick Alexander, The Shareholder Commons, on Monday, December 5, 2022 Editor's Note: Frederick Alexander is the CEO of the Shareholder Commons. This post is based on the class action filed against the directors of Meta Platforms (formerly Facebook, Inc.), and is part of the Delaware law series ; links to other posts in the series are available here.

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Advisor Feature: Eric McKeehan in Asheville, NC

Viking Mergers

Very early in his career, Eric McKeehan developed a passion for working with small businesses and entrepreneurs. Today, he lives out that passion as an Advisor with Viking Mergers & Acquisitions in Asheville, NC, driven by values learned through a decade of working with small to midsize businesses. Eric began his professional career working in business development with a growing wholesale distribution business in Asheville, NC.

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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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ESG and Incentive Compensation Plans: Are Investors Satisfied?

Harvard Corporate Governance

Posted by Matthew H. Behrens, Giulia La Scala, Shearman & Sterling LLP, on Monday, December 5, 2022 Editor's Note: Matthew Behrens is Counsel and Giulia La Scala is an Associate at Shearman & Sterling LLP. This post is based on a Shearman & Sterling piece by Mr. Behrens, Ms. La Scala, Doreen Lilienfeld and Gillian Moldowan and is part of the 20th Annual Corporate Governance Survey publication of Shearman & Sterling LLP.

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Bracing for headwinds: How banks can navigate disruption

Mckinsey and Company

Senior partner Joydeep Sengupta discusses how banks can navigate headwinds and capture opportunities in the next 12 to 18 months.

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More Trending

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Meet the newest member of the consumer C-suite: The chief transformation officer

Mckinsey and Company

More consumer companies are turning to chief transformation officers, but the role is often ill-defined. Here’s how organizations can empower this crucial position to drive holistic change.

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Video Game Workers at Microsoft and Activision Take Steps to Unionize

NYT M&A

Microsoft has remained neutral during a labor organizing bid as the Xbox maker seeks regulatory approval for its Activision acquisition.

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Navigating volatility: Six trends businesses should look out for

Mckinsey and Company

Senior partner Tracy Francis identifies six moves businesses—particularly consumer companies—can make to build resilience in the face of tough economic circumstances.

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In Law Firm Race For Revenue, Top Dogs Stand Alone

Law 360 M&A

Inflation, hand-wringing over the economy and even a possible recession will do little to close the widening revenue gap between a handful of legal giants grossing billions each year and other law firms, with longtime market consolidation only solidifying their dominance as BigLaw braces for a downturn.

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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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Survey: Growth for top performers among mid-cap consumer companies

Mckinsey and Company

Top performers among mid-cap consumer companies in Europe grow by outperforming in the core, moving into attractive adjacencies, and by very selectively launching new businesses.

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What Does Seat Time Serve?

Appraisers Blog

What purpose does “waiting” serve (a.k.a. known as “seat time”)? It was a rainy weekend, so I thought I’d take online classes to meet my continuing education requirements. I’ve always been a fast test taker, often trying to be the first person in the classroom to bring my answers to the proctor first. I’m one of those annoying people, but if I pass the test, should I be penalized for taking the test fast?

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Could supply-chain issues derail the energy transition?

Mckinsey and Company

Electric-vehicle penetration is the biggest driver of oil demand declines in the energy transition. However, emerging supply bottlenecks for key battery materials could be an unexpected barrier.

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Taylor Swift Fans Say Ticketmaster Debacle Violated Calif. Law

Law 360 M&A

A group of Taylor Swift fans says Ticketmaster should face civil penalties and fork over damages after the Eras tour ticket sale "disaster," claiming in a suit filed Friday that the company violated California antitrust laws in its quest to take "every dollar it can from the captive public.

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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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The state of AI in 2022—and a half decade in review

Mckinsey and Company

The results of this year’s McKinsey Global Survey on AI show the expansion of the technology’s use since we began tracking it five years ago, but with a nuanced picture underneath.

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Is It Time to Update Your Accounting Practices?

Machen McChesney

If you ask some business owners why they do things a certain way, they might answer, “Because we’ve always done it that way.” But with all the changes that have taken place in the financial and accounting realm, doing things the way you’ve always done them could be costing your business in terms of lost efficiency and profits. Here are five considerations to help modernize your accounting processes and systems.

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Destination zero: An action plan for shipping CEOs

Mckinsey and Company

The transition to zero carbon can be a value-generating opportunity for shipping companies—if they are proactive and purposeful, rather than reactive and defensive.

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FTC, Meta To Face Off In 36-Hour Antitrust VR Merger Hearing

Law 360 M&A

A California federal judge laid out ground rules Monday for an upcoming seven-day evidentiary hearing over the Federal Trade Commission's antitrust bid to block Meta Platforms Inc.'s planned purchase of virtual reality app developer Within Unlimited Inc., giving each side roughly 18 hours to present its case.

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How consumer companies can embrace change amid volatility

Mckinsey and Company

Senior partner Dymfke Kuijpers shares more on being a business ‘triathlete’, and how consumer companies can embrace three mindsets to navigate current economic headwinds.

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LLC Forced Buy-Out Pits Fair Value Against Fair Market Value Against Power to Amend Operating Agreement

Farrel Fritz

Let’s see how good you are at predicting the outcome and its rationale in a recently decided case involving the following facts: The controller of a Delaware LLC has supermajority voting rights under the initial LLC agreement to remove members for any or no reason. The initial LLC agreement lacks any provision addressing redemption and payment rights upon removal.

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How companies can build institutional and individual resilience

Mckinsey and Company

Our Asia chairman, Gautam Kumra, discusses how companies can emerge stronger from current economic conditions through building institutional and individual resilience.

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Robinson & Cole-Led Gaming Co. Buys Digital Firm For $75M

Law 360 M&A

Irish video game industry company Keywords Studios PLC said Monday it has conditionally agreed to buy the unlisted consumer-facing digital support platform Helpshift Inc. for up to $75 million in cash.

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Placing a premium on resilience: How businesses can thrive through volatility

Mckinsey and Company

Senior partner Oliver Tonby shares four ways Asian businesses can anticipate and weather oncoming economic storms to emerge stronger.

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Mall Of America Lease Fight With Sears Turns To Remedies

Law 360 M&A

A long-running dispute between the Mall of America and the bankruptcy successor to former retail giant Sears turned to remedies Monday when the parties argued the issue before the U.S. Supreme Court, with the mall arguing rights to the lease should revert to it as the lessor.

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Capturing opportunities in an interconnected world

Mckinsey and Company

McKinsey Global Institute partner Jeongmin Seong tells us more about how businesses can leverage global networks and flows to capture opportunities for innovation and growth.

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The 2022 Law360 Pulse Prestige Leaders

Law 360 M&A

Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys, ability to secure accolades and positive legal news media representation.

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Nature in the balance: What companies can do to restore natural capital

Mckinsey and Company

Specific corporate actions, many with a positive return on investment, could help reverse the trend of the depletion of natural capital.

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What Accounting Staff Need to Know About the New Lease Standard

Gross Mendelsohn

The new lease accounting standard, Accounting Standards Codification (ASC) 842, is out in full force and there are numerous rules , adjustments and transitions accounting departments need to be made aware of—stat.

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Own a Thriving Small Business? Consider Adding Financial Plan Benefits

BV Specialists

For those tireless small business owners whose hard work and good fortune have enabled them to build a profitable, growing company, it might be time to consider how best to “share the wealth” and develop beneficial plans for your employees while accessing profits to accelerate your retirement planning. Here are a couple of thoughts to get you moving in the right direction: 401K Plan.

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2023 M&A Outlook

National Law Review M&A

Louis Lehot Brandee L.

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Crypto group Circle ends $9bn deal to go public through Bob Diamond’s Spac

Financial Times M&A

Collapse of tie-up follows FTX bankruptcy and other crises in the sector

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NASAA Urges Congress To Codify M&A Broker Relief

National Law Review M&A

Keith Paul Bishop Jurisdiction: All Federal Type of Law: Financial Institutions & Banking Election Law / Legislative News Securities & SEC Mergers & Acquisitions

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Catching Up With Delaware's Chancery Court

Law 360 M&A

Delaware popped the champagne on two notable retirements last week while disputes continued in court over the value of a certain rapper's cognac brand. Newly filed suits targeted Peloton, TransUnion, AT&T, Warner Bros. Discovery, and TradeStation, among others, and a vice chancellor bounced a lawsuit from a basketball legend to an outside referee.

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Wachtell Lipton Discusses Key Issues for Boards in Corporate Governance for 2023

Reynolds Holding

While the world recovers from the worst of the pandemic, the economic, political and social repercussions will continue to play out in ways that, while unpredictable, are in some respects characterized by observable patterns of cause-and-effect and cyclicality. The pendulum has been swinging back as, for example, the Federal Reserve has been ratcheting up interest rates and tightening liquidity, activist activity is once again on the rise, Republicans have taken control of the House, and back-t