Harvard Corporate Governance

SEPTEMBER 22, 2023

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, September 22, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on an ISS Corporate Solutions memorandum by Sandra Herrera Lopez, Ph.D., Vice President, ESG Content & Data Analytics, & Veronica Nikitas, Senior Associate, Compensation & Governance Advisory at ISS Corporate Solutions.

293

293

BVR

SEPTEMBER 22, 2023

BVResearch Pro is a great way to upgrade your BV research methodology on a broad range of BV topics from thought leaders in the business valuation and legal fields. However, with so much information at your fingertips, it can be overwhelming, so let's look at some ways to streamline your use of this amazing resource!

Business Valuation 147

Business Valuation 147

Harvard Corporate Governance

SEPTEMBER 22, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 22, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 15-21, 2023 Financial Implications of Rising Political Risk in the US Posted by Stephen Davis (Harvard Law School), on Friday, September 15, 2023 Tags: C+C , CEOs , Presidential elections , US institutions In 2022, Corporate Time Horizons Shorten, Investors’ Lengthen Posted by Allen He, Jes

184

184

NYT M&A

SEPTEMBER 22, 2023

Britain’s antitrust regulator said the companies had addressed its main concerns about the $69 billion deal, though final approval is yet to come.

Mergers & Acquisitions 131

Mergers & Acquisitions Marketability 131

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

Mckinsey and Company

SEPTEMBER 22, 2023

Asia will be the furnace in which a new era is forged—and may experience heightened versions of global challenges.

134

134

NYT M&A

SEPTEMBER 22, 2023

The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.

Mergers & Acquisitions 108

Mergers & Acquisitions 108

Law 360 M&A

SEPTEMBER 22, 2023

Nearly three decades after a "maggot" reference in a deposition prompted the Delaware Supreme Court to rebuke a lack of civility, a certain roughness is creeping back into the state's legal proceedings — and the Court of Chancery wants it to stop.

98

98

Financial Times M&A

SEPTEMBER 22, 2023

Competition watchdog was last big hurdle facing tech group’s attempt to buy ‘Call of Duty’ developer

124

124

Gross Mendelsohn

SEPTEMBER 22, 2023

Payroll theft comes in all shapes and sizes and often lies hidden below the surface. Fraudsters who perpetrate ghost employee schemes use the shadow of another employee to cover their tracks. One of the best ways to prevent payroll theft is to understand what ghost employees are, and the motives behind their creation. Through a real-life case study, we look at how payroll fraud can be perpetrated, then offer strategies to uncover and prevent this kind of fraud.

87

87

Financial Times M&A

SEPTEMBER 22, 2023

Demand for Worldpay and Syneos Health bonds and loans shows ‘hunger for new supply in high-yield’

110

110

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

Mckinsey and Company

SEPTEMBER 22, 2023

Latin America’s insurance market is booming—both in premium growth and complexity. The opportunities available to global, regional, and local insurers are immense.

Marketability 79

Marketability 79

The Guardian M&A

SEPTEMBER 22, 2023

The $69bn acquisition of games maker likely to go ahead as revised proposal addresses CMA concerns Microsoft’s $69bn (£54bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, looks set to be cleared after the UK competition regulator said a revised deal addresses its concerns. The Competition and Markets Authority (CMA) moved to block the biggest tech deal in history in April , citing concerns that Microsoft would dominate the nascent cloud gaming

Marketability 80

Marketability Technology 80

Mckinsey and Company

SEPTEMBER 22, 2023

Asian business leaders are optimistic about a new era, but most see the need for major strategic change.

96

96

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Baggins. Never said it was all good. The versions I use are limited tools. What you are saying is also very possible and probably will happen. It is part of the times. Some people have put chips in their hands. Musk is experimenting with chips on the brains of animals. I also, saw the forum with AI robots answering questions. Very creepy!

Appraisal 76

Appraisal Technology 76

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

Mckinsey and Company

SEPTEMBER 22, 2023

Matti Niebelschütz, cofounder and CEO of CoachHub, reflects on the company’s journey from scrappy start-up to global leader in digital coaching.

Start-ups 78

Start-ups 78

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Russell Bean. I’ve got a funny picture about that! I’m not getting ‘chipped’ If I am to lose my humanity and be treated like a cattle, I’d rather have the big plastic tag in the ear.

Appraisal 76

Appraisal 76

Mckinsey and Company

SEPTEMBER 22, 2023

COVID-19 relief funding for schools expires next year. Our survey shows that districts are prioritizing teacher retention and student well-being as they try to tackle the lingering effects of the pandemic.

72

72

Appraisers Blog

SEPTEMBER 22, 2023

I have enjoyed reading the comments as this is my first time here. I’ve been a full time appraiser for 40 years and have wrestled with many changes that have taken place. I remember back in the 90’s when Wells Fargo told us that we’d have to produce an all electronic delivered report and thinking, no way will that happen! The changes in tech have actually been good over the years, however, the writing is on the wall as to where the lenders and regulators want our industry to go

Appraisal 76

Appraisal Banking 76

Financial Times M&A

SEPTEMBER 22, 2023

US online travel site says Brussels has not shown €1.

110

110

Appraisers Blog

SEPTEMBER 22, 2023

I’m going to hang in another year or so just to see how things play out. After 38 years it’s hard to let go. The profession has raised and educated my kids and kept a roof over my head for a long time. I look at the hybrids like they’re a version of the kid’s game Telegraph, where the players pass a sentence or phrase from one kid to the next and by the time it gets to the last kid it no longer resembles what it started out as.

Appraisal 76

Appraisal 76

Financial Times M&A

SEPTEMBER 22, 2023

Regulators have in the past been too lenient, now they are trying to act early to protect nascent markets

Marketability 81

Marketability 81

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Robert J Livingston. After 50+ years in the business I resent AMC wanting to pay me what I was charging 15 years ago. Insurance is up, gas is up, education is up but the fees are down. Not fair.

Appraisal 76

Appraisal 76

Mckinsey and Company

SEPTEMBER 22, 2023

As healthcare gets ever more personalized, Genentech is expanding innovation from the lab into marketing, in service of “science for good.” The biotech pioneer’s chief marketing officer tells how.

Marketability 59

Marketability 59

Appraisers Blog

SEPTEMBER 22, 2023

I am happy to consider myself retired, even though my license is good until 11/24 and I still accept full-price assignments which come my way, about 2-3 per month, from two good AMCs. I agree with the author that, sadly, the future for appraisers looks bleak. It was a good run for 30+ years, being independent, partly out in the fresh air and partly in my own home office.

Appraisal 75

Appraisal Marketability 75

Peak Business Valuation

SEPTEMBER 22, 2023

In recent years, masonry companies have benefited from low-interest rates. According to IBIS World , the masonry industry generated over $33 billion in revenue between 2018 and 2023. However, as competition in the masonry industry increases and home improvement declines, we may see declining profit margins. This may pose challenges for those looking to buy , grow , or sell a masonry company.

Business Valuation 52

Business Valuation Start-ups Finance Appraisal 52

Appraisers Blog

SEPTEMBER 22, 2023

For all the previously cited reasons, I suspect that the number of residential appraisers will shrink significantly by next year. Particularly the old dudes like me. Although we survived interest rates of 18% (see chart above) the lending industry’s continuing mission to eliminate real appraisals has worn me out.

Appraisal 75

Appraisal 75

Benzinga

SEPTEMBER 22, 2023

American Water Works Company Inc (NYSE: AWK ) subsidiary, Pennsylvania American Water, has signed an agreement to acquire Audubon Water Company. The transaction values Audubon at approximately $8 million. Under the deal, an affiliate of Pennsylvania American Water will merge with Audubon, and shareholders of Audubon Water will receive shares of AWK in exchange for all of the issued and outstanding shares of Audubon.

Equity 52

Equity Marketability 52

Appraisers Blog

SEPTEMBER 22, 2023

The mortgage rates have destroyed refinancing and most of home sales in my market. I primarily do VA, hard money bank work, private appraisals, and most of that has dried up. My total volume is down almost 55%. I’ll ride this out with my side gig until the new disasterous 1004 is rolled out. I still get AMC emails for ‘bids/quotes’ and I mostly ignore them all.

Appraisal 75

Appraisal Banking Marketability 75

Auto Dealer Valuation Insights

SEPTEMBER 22, 2023

Earlier this week, ATO held its annual meeting at the Ritz Carlton in New Orleans to discuss a variety of topics relevant to independent trust companies, including the impact of AI, M&A and financial performance trends, and best practices for evaluating prospects. As a sponsor of this year’s conference, here are our main takeaways from the meeting: The conference was well attended.

52

52

Appraisers Blog

SEPTEMBER 22, 2023

I saw the writing on the wall and called it quits after 40 years in March. I did not want to be around when the next lending disaster hit and they blame it on the appraisers again. I paid my house off years ago (sales price 153k now worth 480k) paid off my new car this year, no CC debt with an 818 FICO. I have a good SS check an IRA and money in the bank.

Appraisal 75

Appraisal Banking 75

Auto Dealer Valuation Insights

SEPTEMBER 22, 2023

The economics of oil & gas production vary by region. Mercer Capital focuses on trends in the Eagle Ford, Permian, Bakken, and Marcellus and Utica plays. The cost of producing oil and gas depends on the geological makeup of the reserve, depth of reserve, and cost to transport the raw crude to market. We can observe different costs in different regions depending on these factors.

Marketability 52

Marketability 52

Appraisers Blog

SEPTEMBER 22, 2023

The AMC business model will NEVER be satisfied until the Independent Appraiser is paying THEM for the privilege of doing the work. When Dudd-Fwank was enacted the AMC’s saw the opportunity to become the Appraiser Managment Company, not just the Appraisal. They have abused our Independence at every turn while absorbing $Billions of resources off of our backs while we are forced to work as Chattel Servants to the Dudd-Fwank nightmare system.

Appraisal 75

Appraisal 75

Law 360 M&A

SEPTEMBER 22, 2023

The Competition and Markets Authority gave a provisional green light on Friday to Microsoft's revised $68.7 billion takeover bid for Activision Blizzard, finding that the U.S. technology giant's amended proposal to sell off Activision streaming rights has allayed antitrust concerns.

Technology 52

Technology Marketability 52

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Baggins. They are not around any longer. They were located in Atlanta for my region. We have almost no foreclosures in the rural areas I serve.

Appraisal 76

Appraisal 76