Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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Finding the Right Approach to Determine Reasonable Compensation

BVR

Although there are general guidelines to help you pick the best approach to determine reasonable compensation, there are no hard and fast rules. For the overwhelming majority of your clients, one of two common approaches that rely on comparability data should do the trick. For occasional clients who just don’t seem to fit any molds, there is an approach for them, too.

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The Fall of “Affirmative Action” and Its Implications for Employers

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, July 5, 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, John F. Savarese , and Noah B.

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Trending Sources

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The rewired enterprise: How five companies built to outcompete

Mckinsey and Company

Lessons from five rewired enterprises highlight how to turn initial digital gains into enterprise-wide ones.

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Surprise state-backed deal for JSR set to consolidate Japan’s chip sector

Financial Times M&A

Chief Eric Johnson hopes take-private move will encourage other semiconductor groups to consider merger talks

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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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Twitter Sues Law Firm Over $90 Million Payment in Elon Musk Deal

NYT M&A

The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.

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Chancery Court Offers Guidance on Waivers Not to Sue for Breach of Fiduciary Duty

Harvard Corporate Governance

Posted by Rick S. Horvath, Allie Misner Wasserman, and Andrew Darnell, Dechert LLP, on Wednesday, July 5, 2023 Editor's Note: Rick S. Horvath , and Allie Misner Wasserman are Partners and Andrew Darnell is an Associate at Dechert LLP. This post is based on their Dechert memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

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More Trending

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US private equity faces extra scrutiny under new merger review rules

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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From AI to Obesity Drugs - Global Pharma Has $700B For M&A and Investments: Goldman Sachs

Benzinga

Goldman Sachs compiled research suggesting the global pharmaceutical sector has approximately $700 billion available for M&A and investments. This significant financial reserve will be crucial as patents for some of the industry's blockbuster drugs are on the expiration cliff. The pharmaceutical industry is experiencing strong interest in M&A due to anticipated revenue erosion of approximately $200 billion by the end of the decade.

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Proxy-Voting Insights: How Differently Do The Big Three Vote on ESG Resolutions

Harvard Corporate Governance

Posted by Lindsey Stewart, Morningstar, Inc., on Monday, July 3, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. This post is based on his Morningstar memorandum. Related research from the Program on Corporate Governance includes The Agency Problems of Institutional Investors (discussed on the Forum here ) by Lucian Bebchuk, Alma Cohen, and Scott Hirst; Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy (d

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Ready for prime time? The state of live commerce

Mckinsey and Company

The innovative social-commerce format continues to grow, but its potential could be unlocked by tailored approaches responding to differences in consumer characteristics and needs.

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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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Musk sues law firm Wachtell Lipton over $90mn Twitter legal fee

Financial Times M&A

Elite attorneys accused of engineering ‘improper bonus payment’ after it defended group’s board in 2022 buyout fight

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Comment on Diversity, Equity and Inclusion Is Overlooked by HUD Secretary Marcia Fudge by Baggins

Appraisers Blog

HUD Secretary Fudge decided to convene a special meeting of master minds with absolutely no real diversity, equity or inclusion included.

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English High Court Rejects Climate Case Against Energy Company Board

Harvard Corporate Governance

Posted by Elise Edson, Nick Withers, and Jonathan Swil, Shearman & Sterling LLP, on Friday, July 7, 2023 Editor's Note: Elise Edson is Counsel, and Nick Withers and Jonathan Swil are Partners at Shearman & Sterling LLP. This post is based on a Shearman & Sterling memorandum by Ms. Edson, Mr. Withers, Mr. Swil, Richard Porter , and Michael Scargill.

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Making sense of generational stereotypes at work

Mckinsey and Company

Boomers to the left of you; Gen Z to the right. Are we really so bafflingly different?

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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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LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers

LaPorte

LaPorte is honored to announce that we have been named “Top Winner” in the “Best Accounting Firm” list in CityBusiness’ Reader Rankings poll. This is… The post LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers first appeared on LaPorte.

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How to Set Effective ESG Goals and Targets

Machen McChesney

Stakeholder demands for companies to commit to clear environmental, social, and governance (ESG) goals and targets have become commonplace. In addition to strengthening stakeholder relationships, setting goals and targets can help companies further their corporate sustainability strategies, improve operational and financial performance, enhance credibility, and achieve other benefits.

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Chancery Court Finds for Oracle Founder and CEO in Post-Trial Decision

Harvard Corporate Governance

Posted by Rick S. Horvath, Steven A. Engel, and Joni S. Jacobsen, Dechert LLP, on Monday, July 3, 2023 Editor's Note: Rick S. Horvath , Steven A. Engel , and Joni S. Jacobsen are Partners at Dechert LLP. This post is based on a Dechert memorandum by Mr. Horvath, Mr. Engel, Ms. Jacobsen, and Taylor Jaszewski and is part of the Delaware law series ; links to other posts in the series are available here.

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What is a board of directors?

Mckinsey and Company

A board of directors is a governance entity that oversees and supports management on behalf of shareholders and other stakeholders to maximize value creation.

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What accounting advisory services should firms offer?

ThomsonReuters

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. Offering your clients proactive advice through accounting advisory services is especially important as the regulatory and legislative landscape continues to become increasingly complex.

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Turning Receivables Into Cash

Machen McChesney

It’s common for high-growth and seasonal businesses to have occasional shortfalls in their checking accounts. The reason relates to the cash conversion cycle — that is, it takes time to collect on customer invoices. In the meantime, employees and suppliers want to get paid. The “cash gap” is currently getting wider for many companies. A recent study by CFO / The Hackett Group shows that the cash conversion cycle increased from 35.2 days in 2021 to 36.4 days in 2022.

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ESG Recent Developments

Harvard Corporate Governance

Posted by Miriam Wrobel, Ben Herzkowitz, and Peter Reilly, FTI Consulting, on Thursday, July 6, 2023 Editor's Note: Miriam Wrobel is Senior Managing Director and Global Leader of FTI Consulting’s Environmental, Social and Governance and Sustainability practice, Ben Herzkowitz is Senior Managing Director and Peter Reilly is Managing Director at FTI Consulting.

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The net-zero materials transition: Implications for global supply chains

Mckinsey and Company

To provide critical materials for the energy transition, the metals and minerals industries must adapt their global supply chains.

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Generali snaps up Conning to create one of Europe’s largest asset managers

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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How good advice can help achieve strategic premiums when selling

JPAbusiness

Strategic value, or a strategic premium, is the amount a purchaser is willing to pay for a business, over and above what an impartial business valuer might determine is ‘fair market value’. Whether or not you can achieve a strategic premium in a sale is heavily influenced by timing and a potential purchaser’s individual circumstances, but there are things you can do to help tip the scales in your favour.

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SEC Spring 2023 Reg-Flex Agenda — Not Much New But Lots Left To Do

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Sunday, July 2, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. The SEC’s Spring 2023 Reg-Flex Agenda—according to the preamble , compiled as of April 10, 2023, reflecting “only the priorities of the Chair”—has now been posted. Here is the short-term agenda , which shows most Corp Fin agenda items targeted for action by October 2023, potentially making the next four months an especial

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Four essential questions for boards to ask about generative AI

Mckinsey and Company

Boards are responsible for how generative AI is used at the companies they oversee. Asking company leaders the right questions will help unlock the technology’s value while managing its risk.

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Comment on Has FNMA Gotten Too Big to Control? by Baggins

Appraisers Blog

In reply to Retired Appraiser. My positions remain consistent. If you have something to sign, share the link. Popular appraiser author Miller on this site mentioned in zero hedge article. [link] As the nimwits managing GSE programs keep their heads in the sand while continuing to prop up real property price and value with their modernization tech wizardry.

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What is tax advisory?

ThomsonReuters

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable. That’s why many accountants are embracing the profitable shift to tax advisory services.

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Compliance Gatekeepers

Harvard Corporate Governance

Posted by Asaf Eckstein (Hebrew University) and Roy Shapira (Reichman University), on Thursday, July 6, 2023 Editor's Note: Asaf Eckstein is Associate Professor at Hebrew University and Roy Shapira is Professor of Law at Reichman University. This post based on their article forthcoming in the Yale Journal on Regulation. Compliance has become a critical corporate governance issue.

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Swiss investors in Credit Suisse join class action challenging UBS deal

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Why Great Ajax Shares Are Gaining Today

Benzinga

Ellington Financial Inc. (NYSE: EFC ) entered a definitive merger agreement to acquire Great Ajax Corp. (NYSE: AJX ) for an implied offer price of $7.33 per share. The deal represents a 19% premium to the Great Ajax stock closing price on the NYSE on June 30, 2023. Following the acquisition, each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of.

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What to look for in a career change from accounting

ThomsonReuters

If you are an accounting professional who has been contemplating a change in career path, you’re not alone. Accountants have the knowledge and experience necessary to work as trusted advisors to the public or within a company, so your certification qualifies you for a variety of career paths. From financial planner to investment banker to business analyst, there are many roles to consider if you find yourself looking for something new.

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Board Effectiveness: A Survey Of The C-Suite

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, and Carin Robinson, PricewaterhouseCoopers LLP, on Tuesday, July 4, 2023 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Carin Robinson is Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

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The Biggest Productivity Killers in Meetings and How To Fix Them

Rhythm Systems

In today's fast-paced business world, meetings are essential to corporate life. However, not all meetings are effective, and several factors can kill their productivity. Here are the top five productivity killers in meetings and how Rhythm Systems can fix meetings and make your meetings more fruitful.

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