Harvard Corporate Governance

JULY 16, 2023

Posted by Lane Ringlee, Marizu Madu, and Joadi Ogelsby, Pay Governance LLC, on Sunday, July 16, 2023 Editor's Note: Lane Ringlee is Managing Partner, Marizu Madu is a Principal, and Joadi Oglesby is a Consultant at Pay Governance LLC. This post is based on their Pay Governance memorandum. Related research from the Program on Corporate Governance includes Short-Termism and Capital Flows (discussed on the Forum here ) by Jesse M.

Dividends 244

Dividends Equity Marketability 244

Peak Business Valuation

JULY 21, 2023

Convenience stores are businesses that sell food, beverage, and tobacco products in convenient locations. In recent years, the convenience store industry has experienced healthy revenue and profit growth. Moving forward, we can expect these metrics to continue growing at a steady rate. If you are looking to buy , grow , or sell a convenience store , now may be an ideal time to do so.

Discounted Cash Flow 98

Discounted Cash Flow Business Valuation Fair Market Value Appraisal 98

Rhythm Systems

JULY 19, 2023

Harnessing the Power of Think, Plan, Do® Rhythms for Accelerated Growth In the dynamic world of business, growth is a double-edged sword. While it brings opportunities and prosperity, it also introduces complexity that can be challenging to manage. As a company expands, it becomes increasingly difficult to maintain alignment, drive execution, and sustain growth.

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Benzinga

JULY 19, 2023

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are grabbing attention amid reports of the companies extending the $69 billion takeover deal to October 18. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0 billion to $3.5 billion if the transaction is terminated after August 29, 2023, and to $4.5 billion if the transaction is terminated after September 15, 2023.

Dividends 98

Dividends 98

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

JULY 17, 2023

Posted by Claudia H. Allen, Patrick A. Lee, and Ari Weinberg, KPMG LLP, on Monday, July 17, 2023 Editor's Note: Claudia H. Allen and Patrick A. Lee are Senior Advisors, and Ari Weinberg is a Director at KPMG’s Board Leadership Center. This post is based on their KPMG memorandum. Adding value to private company boards From board structure and agenda priorities to the role of independent directors, private company governance continues to evolve in response to an increasingly complex and chal

Equity 235

Equity 235

ThomsonReuters

JULY 20, 2023

As technology continues evolving, the demand for advisory services has grown exponentially. Many firms have found themselves needing to stay up-to-date with the latest trends and technologies in order to remain competitive in the market. In response, Thomson Reuters has created an Advisory Report Quiz as an easy way for CPA advisors to assess where their firm stands in its advisory journey and take actionable steps towards elevating their practice.

Accounting Firms 98

Accounting Firms Technology Marketability 98

Internal Audit 360

JULY 20, 2023

GUEST BLOG POST A few years ago, I was privileged to be a member of the Institute of Internal Auditors’ Relook Task Force. It had a couple of objectives, including reviewing the Definition of Internal Audit (which it decided did not require updating, although we did decide to add a Mission of Internal Audit ), and answering the question of whether the IIA’s International Standards for the Professional Practice of Internal Auditing should be principle or rules based.

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Harvard Corporate Governance

JULY 19, 2023

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Wednesday, July 19, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on the testimony of Steven Friedman , General Counsel at Institutional Shareholder Services. My name is Steven Friedman, and I am the General Counsel of ISS.

Marketability 189

Marketability 189

Appraiser Newsroom

JULY 21, 2023

By SEAK, as seen on seak.com. The requirements to be an expert witness can be broken down into two categories – the legal requirements for being an expert witness and perhaps more importantly, the practical requirements for being an expert witness. Legal Requirements for providing Expert Witness Services The legal requirements for being an expert witness are fairly minimal.

Business Valuation 96

Business Valuation Appraisal 96

Mckinsey and Company

JULY 19, 2023

Rapid economic growth has created ample opportunity—as well as a housing shortage. How the city and the surrounding region respond could provide a blueprint for other US cities.

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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

Law 360 M&A

JULY 19, 2023

Sullivan & Worcester LLP has promoted the head of its New York office's corporate practice to managing partner of the office, the firm announced Wednesday.

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Harvard Corporate Governance

JULY 17, 2023

Posted by Brian R. Cheffins (University of Cambridge), on Monday, July 17, 2023 Editor's Note: Brian Cheffins is the S. J. Berwin Professor of Corporate Law at the University of Cambridge. This post is based on a recent paper , co-authored with Bobby Reddy , also of the University of Cambridge, and forthcoming in the Oxford Journal of Legal Studies.

Marketability 189

Marketability Equity Finance 189

Appraisers Blog

JULY 18, 2023

In reply to Maria Pucsinszki. Eric, Can you call me? Anytime after 10 AM Pacific time zone. 1(714)366-9404. I tend to screen calls. If your name pops u with call I will answer direct or otherwise return your call asap.

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Mckinsey and Company

JULY 21, 2023

Global executives more positive; consumer confidence improving but low; emerging economies rebound; Fed pauses rate hikes as ECB raises rates by 25 basis points; inflation low in India and Brazil.

Corporate Finance 87

Corporate Finance Finance 87

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

N Contracts

JULY 18, 2023

In an ideal world, every third-party vendor would always provide impeccable service, deliver on time, and never cause any operational hiccups. Unfortunately, that’s not reality.

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Harvard Corporate Governance

JULY 19, 2023

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, July 19, 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, Steven A. Rosenblum , Karessa L.

Equity 189

Equity 189

Appraisers Blog

JULY 18, 2023

I was hoping someone will start to take an action. I am in. I am from Hungary, and was always amazed that lobbying is not illegal. It is for the few rich, to go around the most, the voter’s will. Well, it is legal, lets use it.

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Mckinsey and Company

JULY 17, 2023

As Nigeria’s vast network of small and medium-size enterprises increasingly look to digitalize payments, merchant acquiring is offering increasingly attractive prospects to banks and fintechs alike.

Banking 85

Banking 85

N Contracts

JULY 17, 2023

A third-party vendor refers to any external organization that engages in business activities with your financial institution. This includes everyone from your core provider and loan origination software to your outside counsel and the company that prints account statements.

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Harvard Corporate Governance

JULY 18, 2023

Posted by Cydney S. Posner, Cooley LLP, on Tuesday, July 18, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum, and is part of the Delaware law series ; links to other posts in the series are available here. 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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189

Machen McChesney

JULY 18, 2023

The issue of raising the debt limit has been resolved, at least until January 2025, and we can all breathe easier now that the United States can continue to pay its debts. Hopefully, in the future, Congress will find a way to eliminate this boondoggle or at least work around it, as was done under 1979’s Gephardt Rule.

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Appraisers Blog

JULY 16, 2023

In reply to Kimberly DeFilippis. The Tax Assessor does have access; Complaints can’t be answered without the assessor’s inspection. Politics do have some control, however the voting constituency is protected.

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National Law Review M&A

JULY 21, 2023

Litigation Practice Group Proskauer Jurisdiction: Delaware Type of Law: Mergers & Acquisitions Corporate & Business Organizations Litigation / Trial Practice Antitrust & Trade Regulation

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Harvard Corporate Governance

JULY 21, 2023

Posted by Joud Abdel Majeid, Salim Ramji and Jessica Burt, BlackRock Inc., on Friday, July 21, 2023 Editor's Note: Joud Abdel Majeid is a Senior Managing Director and is the Global Head of Investment Stewardship, Salim Ramji is a Senior Managing Director and is Global Head of iShares and Index Investments, and Jessica Burt is Head of Global Platform and Business Strategy for Investment Stewardship, at BlackRock Inc.

Equity 188

Equity Technology Marketability 188

BV Specialists

JULY 17, 2023

Determining if you need to engage with an independent professional business appraiser will commonly arise when you are looking to purchase or sell a business. However, the fact is there are several other reasons an objective third-party appraisal is a great idea, and quite possibly a requirement to move forward with a transaction or to aid in a situation where a dispute may arise.

Appraisal 78

Appraisal Banking Finance Business Valuation 78

Appraisers Blog

JULY 16, 2023

In reply to Pat. It’s about time that Appraisers stick together and consider a total boycott of Fannie Mae and Freddie Mac work until they understand that they can not just push us aside to maximize their profits at the risk of another Tax Payer’s bailout.

Appraisal 98

Appraisal 98

National Law Review M&A

JULY 17, 2023

In an increasingly competitive market for sophisticated and experienced professional and investment talent, family offices are seeking and applying new approaches to attract and retain top level executives.

Marketability 80

Marketability 80

Harvard Corporate Governance

JULY 15, 2023

Posted by Gail Weinstein, Amber Banks, and Roy Tannenbaum, Fried, Frank, Harris, Shriver & Jacobson LLP, on Saturday, July 15, 2023 Editor's Note: Gail Weinstein is Senior Counsel, Amber Banks and Roy Tannenbaum are Partners at Fried, Frank, Harris, Shriver & Jacobson LLP. This post is based on a Fried Frank memorandum by Ms. Weinstein, Ms. Banks, Mr.

Banking 189

Banking 189

Machen McChesney

JULY 21, 2023

When asked what is at the top of their finance department’s “to-do” list, many nonprofits name the need for an updated cost allocation plan. An effective cost allocation strategy is essential to organizations’ understanding of how their resources are being deployed. It is also integral to performing cost analyses, such as evaluating funding requirements and comparing actual versus budgeted costs.

Finance 78

Finance 78

Mckinsey and Company

JULY 18, 2023

As applied AI heats up, we identified key six findings for stakeholders, including investors, to keep in mind as they think about companies in the industry.

Marketability 81

Marketability Equity 81

National Law Review M&A

JULY 20, 2023

Joel Mitnick Jurisdiction: All Federal Type of Law: Antitrust & Trade Regulation Mergers & Acquisitions Corporate & Business Organizations Litigation / Trial Practice

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Harvard Corporate Governance

JULY 21, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, July 21, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of July 14-20, 2023. Investor Support of E&S Proposals Posted by Garrett Muzikowski and Hetal Kanji, FTI Consulting, on Friday, July 14, 2023 Tags: E&S , Institutional Investors , issuers , Proxy season , Remuneration , SEC rulemaking , Shareholder proposals What Constitutes a Sale of “All or Substan

Equity 188

Equity Marketability Banking 188

Global Finance

JULY 20, 2023

Global Finance Magazine - Pismo’s platform will also help Visa provide support and connectivity for emerging payment gateways for financial institution customers.

Finance 75

Finance 75

Mckinsey and Company

JULY 17, 2023

Psychological safety is the absence of interpersonal fear. Feeling psychologically safe allows people to perform their best at home, school, and work.

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80