Harvard Corporate Governance

OCTOBER 3, 2023

Posted by Matteo Gatti (Rutgers), on Tuesday, October 3, 2023 Editor's Note: Matteo Gatti is a Professor of Law at Rutgers Law School. This post is based on his working paper. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ); by Lucian A. Bebchuk, Kobi Kastiel, and Roberto Tallarita; and Will Corporations Deliver Value to All Stakeholders?

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Mckinsey and Company

OCTOBER 3, 2023

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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Harvard Corporate Governance

OCTOBER 3, 2023

Posted by Linda Pappas, Jose Lawani, and Perla Cuevas, Pay Governance LLP, on Tuesday, October 3, 2023 Editor's Note: Linda Pappas is Principal, and Jose Lawani and Perla Cuevas are Consultants at Pay Governance LLC. This post is based on their Pay Governance memorandum. Say on Pay (SOP) votes were mandated by the Dodd-Frank Act of 2010 as a mechanism to allow shareholders to voice their opinions about the level and structure of executive compensation as well as promote the engagement of co

Total Shareholder Return 124

Total Shareholder Return 124

JPAbusiness

OCTOBER 3, 2023

When considering whether to support your business, a bank, financier or equity investor focuses on three S’s : Servicing Security Surety None of these factors are completely controllable, but they are strongly influenced by your actions as a business owner.

Banking 84

Banking Equity Finance 84

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.

Marketability

Appraisers Blog

OCTOBER 3, 2023

Be thankful they are driving you guys out of business. The faster you get out the quicker you can earn a real paycheck and provide for your families.

Appraisal 98

Appraisal 98

Reynolds Holding

OCTOBER 3, 2023

Corporations have a history of using deceptive tactics to enhance their public image on environmental compliance while advancing their profit-focused objectives. This phenomenon began in the late 1980s, along with the rise of environmental consciousness. A new generation of environmentally aware consumers demanded sustainable practices from companies, leading to the emergence of “greenwashing.” Greenwashing is the practice of making products, policies, or activities appear more envir

Compliance 98

Compliance Marketability 98

Financial Times M&A

OCTOBER 3, 2023

US buyout firm foots bill for lawyers to assess potential claim against rival over €200mn loan loss

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Benchmark Report

OCTOBER 3, 2023

Benchmark International is pleased to announce the acquisition of Coventry-based LEVL by Canadian-based Banyan. LEVL, established in 2016 by Jan O’Hara and Andrew Pearce, is a key Geotab reseller in the UK and for electric vehicles (EVs) across Europe. The company provides hardware and software to allow customers to manage fleet, also delivering consultancy on transitioning fleet to sustainable alternative vehicles and alternative fuels.

Equity 59

Equity 59

Financial Times M&A

OCTOBER 3, 2023

Air France-KLM and private equity group Castlelake become investors alongside Danish government

Equity 89

Equity 89

Peak Business Valuation

OCTOBER 3, 2023

IT consulting firms provide a wide variety of services to businesses, nonprofit organizations, governments, and the public sector. This may include custom IT software and hardware services, technical consulting, computer system development, etc… An industry report on IBIS World notes that there are over 457,000 IT consulting firms in America. With increasing demand, we can expect this industry to generate over $740 billion dollars in the coming years.

Business Valuation 52

Business Valuation EBITDA Appraisal Fair Market Value 52

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

Corporate Finance

Reynolds Holding

OCTOBER 3, 2023

In July and August 2023, the SEC filed 84 actions and the CFTC filed 16, against a combined total of 176 defendants and respondents. (These figures exclude follow-on actions, bars and suspensions.) The actions include public company disclosure and crypto matters, among others. Actions initiated by the SEC and CFTC in July and August 2023 Number of actions, by matter type Public company disclosures Molecular diagnostic company settles misrepresentation claims related to COVID-19 testing product

Banking 52

Banking Compliance Marketability Finance 52

Audit Board

OCTOBER 3, 2023

A common misconception about risk quantification is that it requires starting from scratch. In reality, businesses that are already documenting their IT risks and controls can build on the data they already have to begin quantifying their risks. ITRM: The Promise and Challenges of Risk Quantification explores why risk quantification — the process of defining the impact of a risk to the business in dollars — is an endeavor worth undertaking, and dismantles several common myths to getting started.

Technology 52

Technology Compliance 52

LaPorte

OCTOBER 3, 2023

The Internal Revenue Service announced that individuals and businesses affected by seawater intrusion in parts of Louisiana now have until Feb. 15, 2024, to file… The post LA Parishes Affected by Saltwater Intrusion Have More Time to File Returns first appeared on LaPorte.

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Auto Dealer Valuation Insights

OCTOBER 3, 2023

Revenue growth and profitability are critical measures for the health of any family business, but by themselves, they tell only half of the story. As a family business director, you need the whole story. We’re not aware if Paul Harvey was a financial analyst, but if he were, we suspect his favorite performance metric would have been return on invested capital (ROIC), because it tells you the Rest.

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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.

Marketability

LaPorte

OCTOBER 3, 2023

LaPorte CPAs & Business Advisors, the largest independent accounting and business consulting firm headquartered in Louisiana, has been named to the 2023 ‘Best Places to… The post LaPorte Honored Among ‘Best Places to Work’ in Two Markets first appeared on LaPorte.

Marketability 52

Marketability 52

Avanade

OCTOBER 3, 2023

As the market landscape evolves, the integrated data platform stands as pivotal solution for financial markets infrastructure enabling them to navigate market complexities, enhance agility, and achieve a distinctive competitive advantage.

Marketability 52

Marketability 52

Class VI Partner

OCTOBER 3, 2023

How healthy is your business? Are you poised for growth? If you took the company to market today, would buyers vie for the opportunity to acquire it? At Class VI Pathfinder, we wanted to help entrepreneurs answer these questions. So we applied our decades of experience spanning hundreds of company sale transactions to build a unique tool we call the Business Health Assessment.

Marketability 52

Marketability 52

Mckinsey and Company

OCTOBER 3, 2023

Across the country, consumers’ spending habits are evolving—and, in some cases, going in opposite directions at the same time.

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Financial Times M&A

OCTOBER 3, 2023

Plus, Revolut gets a step closer to its UK banking licence and Atomico helps put European start-ups back on the map

Start-ups 72

Start-ups Banking 72

John Jenkins

OCTOBER 3, 2023

Last February, the DOJ announced a new corporate voluntary self-disclosure (VSD) policy that provides incentives to encourage self-disclosure of corporate misconduct, cooperation in investigations & appropriate remediation efforts. Those incentives are potentially substantial and may even include a decision not to prosecute a company.

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Financial Times M&A

OCTOBER 3, 2023

Cheaper valuations have finally drawn back cash-rich pharmaceutical makers

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Law 360 M&A

OCTOBER 3, 2023

Doughnut giant Krispy Kreme Inc. is exploring the possible sale of Insomnia Cookies, a business in which it acquired a majority stake in 2018 and that earned $230 million in revenue for the 2023 fiscal year, according to a Tuesday announcement.

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Financial Times M&A

OCTOBER 3, 2023

Point is developing radioligand molecules that can deliver targeted radiation to tumour cells

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Law 360 M&A

OCTOBER 3, 2023

Alfa Financial Software said Tuesday that it was ending discussions with private equity firm Thomas H. Lee Partners for a potential takeover bid, making a prior £614.6 million (US $742.5 million) offer from Swedish PE shop EQT the only publicly known proposal left standing.

Private Equity Firm 40

Private Equity Firm Equity 40

NYT M&A

OCTOBER 3, 2023

As companies with hybrid work forces reduce square footage, universities see an opportunity to buy buildings at bargain prices.

Mergers & Acquisitions 27

Mergers & Acquisitions 27

Law 360 M&A

OCTOBER 3, 2023

A group of grocery shoppers and their attorney are back in California federal court with an amended complaint seeking to block Kroger's $25 billion merger with Albertsons, months after a judge called their first try "exceedingly weak.

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Appraisers Blog

OCTOBER 3, 2023

In reply to hammering hank. [link] As posted above, makes perfect sense. At least 15% or more of the corporate managers income rests on compliance with every FHFA recommendation. That is from the conservatorship rules link I posted above, alongside an image clip highlighting the terms for ‘at risk deferred salary.’ Looks like we’re talking sixty thousand dollars per person or possibly twice that (15%/30% of $400k), for complying with everything.

Appraisal 75

Appraisal Comps Compliance Equity 75

Law 360 M&A

OCTOBER 3, 2023

The impending sale of e-commerce solutions provider PFSweb Inc. to GXO Logistics Inc. will deprive shareholders of more than $147.9 million in value and only benefit PFSweb's directors, a new suit seeking to block the transaction claims.

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Audit Board

OCTOBER 3, 2023

In our Spotlight on Success series, Jennifer Handzel, Head of Global Internal Audit ExceIlence and Transformation at Astellas Pharma Inc. , shares how her audit team engages their global stakeholders to gain insight into the organization’s top risks. Astellas is a Japan headquartered pharmaceutical company that conducts business in approximately 70 countries, and is dedicated to improving the health of people around the world through the provision of innovative new drugs and solutions that drive

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Law 360 M&A

OCTOBER 3, 2023

Britain's antitrust authority said Wednesday that it has given the green light to Hitachi's proposed €1.7 billion ($1.8 billion) takeover of a subsidiary of Thales Group, after the buyer agreed to sell its European mainline railway signaling business to alleviate competition concerns.

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