Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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Disney Says It Will Take Full Control of Hulu

NYT M&A

The company will pay at least $8.61 billion to Comcast, which owned a 33 percent stake of the popular streaming service.

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The Compensation Committee’s Evolving Role in Human Capital Management

Harvard Corporate Governance

Posted by Blair Jones, Rachel Ki, and Jennifer Teefey, Semler Brossy LLC, on Tuesday, October 31, 2023 Editor's Note: Blair Jones is a Managing Director, Rachel Ki is an Associate, and Jennifer Teefey is a Senior Associate Consultant at Semler Brossy LLC. This post is based on a NACD Directorship magazine publication. Many leaders delved into human capital management (HCM) when the economy was booming, just before the Great Resignation.

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The Value of X

Value Scope

The Value of X X, formerly Twitter, is now valued at $19 billion, according to the company’s employee equity compensation plan. This is a significant drop from the $44 billion that Elon Musk paid to acquire the company in October 2022. Several factors may have contributed to the valuation drop. The overall economic slowdown: The tech sector has been particularly hard hit by the recent economic downturn, and X is no exception.

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IVSC Annual General Meeting 2023: A Recap

IVSC

The International Valuation Standards Council (IVSC) Annual General Meeting (AGM) took place this year at Maison de la Chimie in the heart of Paris, gathering over 150 valuation leaders and experts from around the globe. Hosted by Compagnie Nationale des Commissaires aux Comptes (CNCC) and Conseil Superieur de L’ordre des Experts-Comptables (CNOEC), and sponsored by HypZert and Taqeem, the AGM is a key fixture in the calendar of valuation leaders.

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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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Six Flags Merges With Cedar Fair, a Rival Amusement Park

NYT M&A

The deal would generate more than $3 billion in revenue for the companies, they projected in a statement. The merger comes after years of financial challenges for Six Flags.

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Corporate Governance Standards Proposed by FDIC

Harvard Corporate Governance

Posted by Lawrence A. Cunningham, Matthew Bisanz, and Jeffrey Taft, Mayer Brown LLP, on Sunday, October 29, 2023 Editor's Note: Lawrence A. Cunningham is Special Counsel, and Matthew Bisanz and Jeffrey Taft are Partners at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Mr. Cunningham, Mr. Bisanz, Mr. Taft, Anna Pinedo , Megan Webster , and Andrew Olmem.

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More Trending

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Disney To Acquire Remaining Stake In Hulu: Here's How Much Streaming Platform Could Be Worth In Deal With Comcast

Benzinga

A battle between two media giants over the valuation of a leading streaming platform is almost at its end with a deal announced by Walt Disney Co. (NYSE: DIS ) to acquire the stake in Hulu it did not already own. Here are the details. What Happened: Disney shares struggled in 2023 , but the company may have a catalyst or an item that needed more clarity before finally putting it to rest.

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SAS 145 is here. Are you prepared?

ThomsonReuters

Jump to: What does SAS 145 address? 9 steps to apply SAS 145 Managing SAS 145 compliance What does SAS 145 address? At a high level, SAS 145 addresses a company’s system of internal control and information technology. It also revises the definition of significant risk so that auditors will be focused on where the risks lie on a spectrum of inherent risk.

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Understanding the Corporate Transparency Act’s Company Reporting Obligations

Harvard Corporate Governance

Posted by Nathan Barnett, Daniel Bell, and Sebastian Orozco Segrera, McDermott Will & Emery LLP, on Friday, November 3, 2023 Editor's Note: Nathan Barnett and Daniel J. Bell are Partners and Sebastian Orozco Segrera is an Associate at McDermott Will & Emery LLP. This post is based on their McDermott memorandum. Beginning January 1, 2024, the US Corporate Transparency Act (CTA) will require “reporting companies” to submit a report to the Financial Crimes Enforcement Network (FinCEN) conta

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Reframing employee health: Moving beyond burnout to holistic health

Mckinsey and Company

A new McKinsey Health Institute survey across 30 countries offers insights into how organizations can help create a workplace that prioritizes physical, mental, social, and spiritual health.

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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 Leaving the Appraisal Profession by Kevin Caudill

Appraisers Blog

In reply to Dennis Mcmillen. Agree completely. Looking for a new vocation. A few years ago I had calculated I could retire at 65. Thanks to reduced fees and low volume of work I’ll retire 2 days after my funeral. But, it won’t be as an appraiser.

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KKR Closes Deal to Buy Simon & Schuster

NYT M&A

The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit.

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SEC charges executives with fraudulent revenue recognition practices

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Thursday, November 2, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. As part of its fiscal-year-end enforcement surge, the SEC filed charges against three former executives of Pareteum Corporation, a telecommunications and cloud software company, for fraudulent revenue recognition practices—a settled action against the former controller and a complaint against the former CFO and f

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Innovative growers: A view from the top

Mckinsey and Company

McKinsey research shows that a focus on aspiration, activation, and execution can help companies out-innovate and outgrow peers.

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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 Agent Management Company, a Familiar Ring by Mary Cummins on Facebook

Appraisers Blog

Appraisers had to be regulated by AMCs. Why not agents ? They can all receive a standard customary fee to prove they aren’t biased to the buyer or seller. Currently all agents are biased toward seller who pays the commission based on sales price. The current shakeout could really change things.

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BEYOND FINANCIALS: THE REAL KEYS TO SELLING YOUR BUSINESS

A Neumann & Associates

When it comes time to selling your business, there will be tremendous emphasis on the financials. There is no doubt that the performance of the company leading up to and during the sale process is a prominent factor – both for proper valuation and structuring the ultimate transaction. However, strong financial performance alone does not guarantee a successful experience or even an executed deal.

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SPARCs: An Attractive Alternative to Traditional SPACs?

Harvard Corporate Governance

Posted by Mike Nordtvedt, Rezwan Pavri, and Austin March, Wilson Sonsini Goodrich & Rosati, on Wednesday, November 1, 2023 Editor's Note: Mike Nordtvedt and Rezwan Pavri are Partners and Austin March is an Associate at Wilson Sonsini Goodrich & Rosati. This post is based on a WSGR memorandum by Mr. Nordtvedt, Mr. Pavri, Mr. March, Bryan King , Heath DeJean, and Sally Yin.

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A McKinsey Africa podcast with Ashraf Sabry, founder and CEO of Fawry

Mckinsey and Company

Africa’s fintech start-ups are leveraging mobile technology and innovative platforms to transform digital banking. We spoke with Ashraf Sabry, founder and CEO of Fawry, about the sector’s potential.

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Comment on The Real Cause of the Home Value Gap Is the Income Gap by Bill Johnson

Appraisers Blog

In reply to Maria. Maria, considering bid down appraisal fees often start with a 2 in San Diego County, consider yourself to be extremely blessed to have fees at $375. By the way, with 800+ appraisers in San Diego County alone, we represent 1 out of every 80. Seek the truth.

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Edtech group Byju’s faces shrinking empire with creditors at the gates

Financial Times M&A

Online education company was once India’s most valuable start-up but now plans asset sales to settle debts

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Machine-Learning the Skill of Mutual Fund Managers

Harvard Corporate Governance

Posted by Ron Kaniel (University of Rochester Simon Business School), on Tuesday, October 31, 2023 Editor's Note: Ron Kaniel is the Jay S. and Jeanne P. Benet Professor of Finance at the University of Rochester Simon Business School. This post is based on an article f orthcoming in Journal of Financial Economics by Professor Kaniel, Zihan Lin , Markus Pelger , and Stijn Van Nieuwerburgh.

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5 Ways an M&A Advisor Can Bring Value to a Company

Redpath

M&A advisors perform a vital role, helping buyers and sellers understand and navigate the M&A process to achieve their goals.

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Comment on The Real Cause of the Home Value Gap Is the Income Gap by Baggins

Appraisers Blog

In reply to Mark Davis. Did you catch IW today? More Darrien Gap ngo news, beyond shocking. The army marches on. Tens of thousands every day now, headed to a community near you, literally.

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The power of partnership: How the CEO–CMO relationship can drive outsize growth

Mckinsey and Company

Amid a challenging macroeconomic environment and rapid change, CEOs are searching for the next engine for growth. The answer may be right in front of them: a redefined and reinvigorated relationship with their CMO.

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Political grammars of justification and cost-benefit analysis in SEC rulemaking

Harvard Corporate Governance

Posted by Lisa Baudot (HEC Paris) and Dana Wallace (University of Central Florida), on Monday, October 30, 2023 Editor's Note: Lisa Baudot is an Associate Professor of Accounting and Management Control at HEC Paris, and Dana Wallace is an Associate Professor of Accounting at University of Central Florida Kenneth G. Dixon School of Accounting. This post is based on their article forthcoming in the Journal of Accounting and Public Policy.

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Gen AI must be used responsibly in the AI era – but is it?

Avanade

How can you lead the way in responsible AI adoption for a brighter future? Find out in this blog post by our European AI & IoT Lead, Yolanda Alonso Cid.

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Comment on Reality of Today’s Appraisal Environment by Baggins

Appraisers Blog

[link] Related. Foreclosure stats. If prices come down, and inflation comes under control, we could see a wave of foreclosures hard to imagine. How about nearly a million people on the precipice right now, under current economic conditions, just for starters. Remember when I was talking about researching treasurer public default notices? The trend continues.

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Sustainable feedstocks: Accelerating recarbonization in chemicals

Mckinsey and Company

Reducing greenhouse gases is essential for chemical companies to remain competitive. Investing in feedstock sources and conversion technologies can help close the gap to net zero.

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A Hard Look at Portfolio Primacy Theory As a Financial Rationale for SEC-Mandated ESG Disclosure

Harvard Corporate Governance

Posted by Amanda Rose (Vanderbilt Law School), on Thursday, November 2, 2023 Editor's Note: Amanda M. Rose is Professor of Law at Vanderbilt University Law. This post is based on her article forthcoming in the Columbia Business Law Review. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders?

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Court Requires CFPB Update of UDAAP Exam Manual

N Contracts

Unfairness might be discriminatory, but Congress needs to amend the language of Dodd-Frank's UDAAP provisions to clarify this point before the Consumer Financial Protection Bureau (CFPB) can label discrimination outside the realm of credit an unfair practice. That’s what the United States District Court of the Eastern District of Texas said on September 8 when it ruled that the CFPB’s decision to revise the language of UDAAP guidance to include discrimination exceeded its authority.

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Comment on Reality of Today’s Appraisal Environment by PD

Appraisers Blog

In reply to Guaranteed Value Everytime. Absolutely, That and “show me the money” regardless if the real estate, with the “desired” over-valuation, can’t support the target amount wanted. Sure, how can appraisers not get this through their thick skulls. Makes perfect sense if you live on Krypton. Isn’t this the exact scenario why licensing came to be?

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How CFOs can adopt a VC mindset: Staircase Ventures’ Janet Bannister

Mckinsey and Company

A high-tech pioneer describes how technology has continually disrupted business, why generative AI is accelerating today’s disruption, and what leaders can do to stay ahead.

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Strive Asset Management vs. Engine No. 1: How Did the Activists Vote?

Harvard Corporate Governance

Posted by Alyssa Stankiewicz and Lindsey Stewart, Morningstar, Inc, on Monday, October 30, 2023 Editor's Note: Alyssa Stankiewicz is an Associate Director of Sustainability Research and Lindsey Stewart is a Director of Investment Stewardship at Morningstar, Inc. This post is based on their Morningstar memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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How to Create a Raise Policy

Machen McChesney

In most cases, employees anticipate receiving a raise after working a certain amount of time at your firm — usually six months to a year. Top performers who consistently exceed expectations expect to be paid a salary that reflects their hard work and level of responsibility. You look to offer competitive compensation to retain your best workers.

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