Harvard Corporate Governance

AUGUST 30, 2023

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, August 30, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton and Carmen X.

Equity 220

Equity 220

Mckinsey and Company

AUGUST 31, 2023

It may not be surprising that innovative organizations are ahead on generative AI, but the degree to which they’re succeeding at deploying it might be. Five practices help them stay ahead of the pack.

Corporate Finance 127

Corporate Finance Finance 127

NYT M&A

AUGUST 31, 2023

Lavoie, which makes high-end scooters based on McLaren’s Formula 1 technology, acquired the trendy e-bike brand that had gained a zealous following.

Technology 123

Technology Mergers & Acquisitions 123

Redpath

AUGUST 31, 2023

Improperly tracked construction change orders can delay your accounts receivable, job schedule, and more. Read on to get your team ready for scope changes.

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104

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

Harvard Corporate Governance

AUGUST 9, 2023

Posted by Cydney S. Posner, Cooley LLP, on Wednesday, August 9, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. At an open meeting on Wednesday last week, the SEC voted, three to two, to adopt final rules on cybersecurity disclosure. In his statement at the open meeting, Commissioner Jaime Lizárraga shared the stunning statistics that, last year, 83% of companies experienced more than one data breach, with an average cost of

Marketability 246

Marketability Technology 246

Valutico

AUGUST 30, 2023

Terminal Growth Rate – A Simple Explanation with Formula The Terminal Growth Rate is often used in valuation models and financial projections, but what is it and why is it important? Below we aim to provide a straightforward explanation of what the Terminal Growth Rate is and its significance in financial analysis. What is the Terminal Growth Rate?

Terminal Value 98

Terminal Value Dividends Weighted Average Cost of Capital Discounted Cash Flow 98

Mckinsey and Company

AUGUST 30, 2023

COP refers to the United Nations’ annual conference on climate change. Its 28th meeting (COP28) is scheduled to begin November 30, 2023, in Dubai, United Arab Emirates.

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115

Rhythm Systems

AUGUST 27, 2023

Having the right Key Performance Indicators (KPIs) on your CEO dashboard is very important to ensure you drive the right behaviors in your business, monitor the right results, and make the right adjustments to grow your business and hit your targets. I often get the question, particularly with new clients that do not have KPI dashboards established, “What KPIs should we be tracking?

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Redpath

AUGUST 29, 2023

SAINT PAUL, MINNESOTA (AUGUST 29, 2023) — Redpath and Company (Redpath), one of the nation’s top 120 accounting and advisory firms, has named Ryan Everhart, CPA, as managing partner effective October 1, 2023.

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Harvard Corporate Governance

AUGUST 23, 2023

Posted by Roni Michaely (The University of Hong Kong), Silvina Rubio (University of Bristol Business School), and Irene Yi (University of Toronto), on Wednesday, August 23, 2023 Editor's Note: Roni Michaely is a Professor of Finance and Entrepreneurship at The University of Hong Kong, Silvina Rubio is an Assistant Professor of Finance at the University of Bristol, and Irene Yi is an Assistant Professor of Finance at the University of Toronto.

Finance 243

Finance 243

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

ThomsonReuters

AUGUST 22, 2023

Audio streaming and media services provider Spotify was founded in Stockholm, Sweden in the spring of 2006 and launched in the United States in 2011 after already solidifying a presence in the United Kingdom, Germany, France, Italy, Spain, Finland, and Norway. The company’s expansion continued rapidly with a global reach to 65 countries by March 2018 and further expansion to more than 80 markets in 2021, including locations across Africa, Asia, and the Caribbean.

Compliance 98

Compliance Start-ups Marketability Technology 98

LaPorte

AUGUST 23, 2023

A bipartisan group of senators recently called for the IRS to investigate the tax-exempt status of nonprofit hospitals. What does this mean for hospitals, and… The post Senators Request Review of Tax-Exempt Status of Hospitals first appeared on LaPorte.

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Mckinsey and Company

AUGUST 31, 2023

Organizations that follow a progression of steps to achieve excellence in digital delivery may see improvements in effectiveness, productivity, and performance, as well as significant increases in speed.

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107

Lighter Capital

AUGUST 17, 2023

You’ve launched your startup, you have a solid leadership team, you have some incoming revenue, and the future looks promising. It feels like the right time to raise some cash. There’s a problem, though. Funding deals and deal values are a fraction of what they had been. When startup funding dries up , what do you do? Every founder must play the tricky game of timing, even when funding isn’t scarce.

Banking 98

Banking Finance Marketability Equity 98

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

Benzinga

AUGUST 17, 2023

Cannabis and psychedelics consumption continued on a long-term upward trajectory to reach all-time highs in 2022, according to a Monitoring the Future (MTF) study. Although teenage marijuana use showed a year-over-year decline per last summer’s survey. Past-year hallucinogen use reached a historically high prevalence among adults between 35 and 50.

Marketability 98

Marketability 98

Harvard Corporate Governance

AUGUST 1, 2023

Posted by Mary Ann Deignan, Rich Thomas, and Kathryn Night, Lazard, on Tuesday, August 1, 2023 Editor's Note: Mary Ann Deignan is Head of Capital Markets Advisory, and Rich Thomas and Kathryn Night are Managing Directors in the Capital Markets Advisory group at Lazard. This post is based on a Lazard memorandum by Ms. Deignan, Mr. Thomas, Ms. Night, Leah Friedman and Pavan Surabhi.

Marketability 242

Marketability Total Shareholder Return Alpha Market Capitalization 242

ThomsonReuters

AUGUST 25, 2023

Jump to: How does depreciation affect corporation taxes? Accelerated depreciation for corporations How does depreciation work in an S corporation? What is the purpose of making a provision for depreciation? What is the depreciation guidance for corporate alternative minimum tax? Managing corporate tax depreciation Each tax season, business clients turn to their accountant for assistance in navigating corporation tax depreciation and leveraging every tax deduction they can take to min

Treasury 98

Treasury 98

LaPorte

AUGUST 24, 2023

(authored by RSM US LLP) Health care organizations that fail to continuously monitor their cyber insurance coverage become at risk due to escalating security challenges. The post The value of cyber insurance for health care providers first appeared on LaPorte.

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Mckinsey and Company

AUGUST 9, 2023

There is a dichotomy in refinery ownership, with some players reducing their refining portfolios while others see the significant value potential in both the short- and long-term.

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Lighter Capital

AUGUST 16, 2023

Revenue is the lifeblood of a SaaS business. Making strategic decisions requires knowing how much revenue your customers are bringing in, and even more importantly, how revenue is churning, or bleeding out of your business when customers cancel or don't renew their subscriptions. High revenue churn can suck the life out of your SaaS business, so it’s important to suss out issues early.

Start-ups 98

Start-ups Marketability 98

Rhythm Systems

AUGUST 23, 2023

I have to admit that I am a data geek. I do know that I have a unique personality type and most people aren’t interested in digging deep into the numbers and want to jump off a bridge anytime that you mention a pivot table. The great thing is that you don’t need to be a nerd in order to increase your team and company performance with KPI dashboards.

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Harvard Corporate Governance

AUGUST 7, 2023

Posted by Brian Tayan and David F. Larcker (Stanford University) , on Monday, August 7, 2023 Editor's Note: Brian Tayan is a researcher with the Corporate Governance Research Initiative and David F. Larcker is the James Irvin Miller Professor of Accounting, Emeritus, at Stanford Graduate School of Business. This post is based on their recent paper.

Equity 230

Equity Market Capitalization Technology Marketability 230

The Guardian M&A

AUGUST 26, 2023

Blackburn’s Moshin and Zuber Issa took over the supermarket promising investment to make it the UK’s second-largest chain, but Covid and cost of living crisis meant it did not go to to plan When the billionaire Issa brothers parked up outside Asda’s Leeds headquarters in February 2021, they had just secured the keys to a business that seemed to present an incredible opportunity: a 600-stores-plus cash machine.

Banking 98

Banking Marketability 98

Appraisers Blog

AUGUST 8, 2023

Attention. I have the cherry on top to this entire story. [link] Holy smokes! This is the cherry on top for the PAREA program as well as the PDC program. And you know, anyone with an ounce of pc and photoshop related skills can and do create similar documents at home for themselves, unbeknownst to anyone else, unless they are identified individually. _ The business advertised its products as theatrical props, educational tools and good material for playing a joke.

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Benzinga

AUGUST 7, 2023

Tilray Brands , Inc. (NASDAQ: TLRY ), a cannabis and consumer packaged goods company, announced it has entered into a definitive agreement to acquire eight beer and beverage brands from Anheuser-Busch (NYSE: BUD ). The acquisition places Tilray Brands as the 5 th largest craft beer business in the U.S., up from 9 th. In view of Bud Light’s recent controversy , parent company Anheuser-Busch seems to be delighted with the new situation.

Marketability 98

Marketability 98

LaPorte

AUGUST 8, 2023

(authored by RSM US LLP) Estate planning tips to help you avoid common pitfalls and safeguard your wealth and legacy. The post Safeguard your legacy by avoiding these 8 estate planning pitfalls first appeared on LaPorte.

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98

Lighter Capital

AUGUST 10, 2023

If you’re a founder at an early stage SaaS startup, you’re always looking for ways to drive higher and higher company valuations, especially as you move from one round of funding to the next. At Lighter Capital, we don’t rely on valuations in our financing model, but we thought it would be useful to talk about valuations as they relate to SaaS companies, because they help founders manage their cash runway to achieve long-term sustainable growth.

Start-ups 98

Start-ups Marketability Finance Equity 98

Harvard Corporate Governance

AUGUST 9, 2023

Posted by Baozhong Yang (Georgia State University), on Wednesday, August 9, 2023 Editor's Note: Baozhong Yang is an Associate Professor of Finance at Georgia State University. This post is based on a recent article by Professor Yang, Manish Jha , Assistant Professor of Finance at Georgia State University; Jialin Qian, PhD Candidate at Georgia State University; and Michael Weber , Associate Professor of Finance at the University of Chicago.

Corporate Finance 214

Corporate Finance Finance Marketability 214

ThomsonReuters

AUGUST 3, 2023

In the rapidly evolving landscape of the tax and accounting industry, specialization has emerged as a solid differentiator, providing firms with a distinct competitive edge. As clients’ needs become more diverse and complex, offering cookie-cutter services is no longer sufficient. Instead, firms are embracing specialization to tailor their expertise and solutions to match the unique requirements of their target clients. 1.

Accounting Firms 98

Accounting Firms Start-ups Marketability Technology 98

Appraisers Blog

AUGUST 12, 2023

Mary, I had an itchy feeling that banks are stirring all. They are crying that appraisers are too expensive. What is a percentage of an appraisal cost today per the mortgage cost, vs. 10/20/30 years ago? Banks set the appraiser fee. They decide who gets the mortgage, but the appraisers are blamed. I feel they turn appraisers against AMC, and they laugh.

Banking 98

Banking Appraisal 98

Benzinga

AUGUST 3, 2023

A huge cannabis development site is up for sale as Pontiac and the property's developer battle it out in federal court. The bitter litigation marks the likely end to a $40 million development plan that sought to turn an abandoned Kmart into a site for cannabis and other retail businesses. In addition to the legal kerfuffle, allegations of bribery by the city's current administration against previous officials, including a former mayor have seeped out.

Marketability 98

Marketability 98

Law 360 M&A

AUGUST 8, 2023

ESPN Inc. and its affiliates have signed an exclusive 10-year online sports betting agreement with Wachtell Lipton-led Penn Entertainment Inc. that will see Penn relaunch its online Barstool Sportsbook as ESPN Bet, while selling Barstool Sports back to its founder, David Portnoy, according to statements issued Tuesday.

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98

Redpath

AUGUST 3, 2023

If growth is the goal of your startup, engaging an expert in finance early on is critical. By bringing a fractional CFO on board from the beginning, you provide them with a clean slate to implement effective financial processes which will become prudent when time for reporting and analysis. This not only prevents the need for later intervention by a financial management expert to modify or correct inadequate or improper accounting practices, but it also significantly increases your chances of lo

Finance 98

Finance 98

Harvard Corporate Governance

AUGUST 30, 2023

Posted by J.W. Verret (George Mason University) , on Wednesday, August 30, 2023 Editor's Note: J.W. Verret , CPA/CFF, is an Associate Professor at George Mason University School of Law, is a practicing forensic accountant at Veritas Financial Analytics , and is Counsel at Lawrence Law LLC. This post is based on his recent paper. The Supreme Court’s landmark Liu v.

Finance 199

Finance 199