Sat.Sep 09, 2023 - Fri.Sep 15, 2023

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Does ESG Crowd Out Support For Government Regulation?

Harvard Corporate Governance

Posted by Hajin Kim (University of Chicago), Joshua Macey (University of Chicago), and Kristen Ann Underhill (Cornell University), on Tuesday, September 12, 2023 Editor's Note: Hajin Kim and Joshua C. Macey are Assistant Professors of Law at the University of Chicago Law School, and Kristen Ann Underhill is Professor of Law at Cornell Law School. This post is based on their recent paper.

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Some employees are destroying value. Others are building it. Do you know the difference?

Mckinsey and Company

More than half of employees report being relatively unproductive at work. New research into six types of employees shows how companies can re-engage workers while amplifying the impact of star performers.

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Average Growth Rate For Startups

Equidam

Editor’s note: This post was originally published in November 2016 and has been updated with latest data for accuracy in September 2023. Building a startup into a sustainable business requires multiple years of commitment. But how do founders see this roadmap? When do we expect the company to be generating revenues? How steep should the proverbial hockey stick be?

Banking 120
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?

NYT M&A

With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.

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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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ESG Reporting for Private Companies

Harvard Corporate Governance

Posted by David A. Bell, Dan Dorosin, and Ron C. Llewellyn, Fenwick & West LLP, on Wednesday, September 13, 2023 Editor's Note: David A. Bell and Dan Dorosin are Partners, and Ron C. Llewellyn is a Counsel at Fenwick & West LLP. This post is based on their Fenwick 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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Investors want to hear from companies about the value of sustainability

Mckinsey and Company

Investors want companies to sharpen their equity story and clarify the value of their sustainability initiatives. Here’s what company leaders can do.

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More Trending

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Sundial, Canopy Growth And More: Analyst Examines The Race For The US Cannabis Market

Benzinga

US legal cannabis sales are predicted to exceed $28 billion in 2023, with promising regulatory developments such as the recommendation to "reschedule" cannabis by the HHS. Canada's cannabis exports have surged to C$160 million, a 50% increase year-on-year, and with new international markets opening up, Canadian producers stand to benefit from export opportunities.

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MS40 Activist Ownership Analysis

Harvard Corporate Governance

Posted by Jonathan Ostroff, Geoffrey Weinberg, Gerry Davis, Morrow Sodali, on Thursday, September 14, 2023 Editor's Note: Jonathan Ostroff is Senior Director and Geoffrey Weinberg and Gerry Davis are Managing Directors at Morrow Sodali. This post is based on a Morrow Sodali memorandum by Mr. Ostroff, Mr. Weinberg, Mr. Davis, Tom Margadonna, Michael Verrechia , and Paul Schulman.

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Improving US orthopedic care via patient-centric pathways

Mckinsey and Company

Orthopedic care is among the largest categories in US healthcare; improvements could have far-reaching positive effects. We analyze care pathways to spot opportunities for better coordination.

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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” “Distressed investing offers equity-like returns with lower risk.” “Distressed assets offer non-correlated returns, similar to global macro.” These are nice sales pitches, but the reality is quite different.

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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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Twitter chaos after Elon Musk takeover may have violated privacy order, DoJ alleges

The Guardian M&A

US Department of Justice questions compliance with FTC order on data security and privacy practices Elon Musk’s takeover of Twitter created a “chaotic environment” at the social media platform that may have violated a government order requiring an overhaul of its data security and privacy practices, according to a court filing. The US Department of Justice (DoJ) alleged in a legal filing on Tuesday that depositions from former employees at Twitter, now rebranded X , raised “serious questions” ab

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Activist Settlements: Fiduciary Questions for Boards

Harvard Corporate Governance

Posted by Neil Whoriskey, Milbank LLP, on Monday, September 11, 2023 Editor's Note: Neil Whoriskey is a Partner at Milbank LLP. This post is based on his Milbank memorandum. Related research from the Program on Corporate Governance includes Dancing with Activists (discussed on the Forum here ) by Lucian A. Bebchuk, Alon Brav, Wei Jiang, and Thomas Keusch.

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Gen AI in high gear: Mercedes-Benz leverages the power of ChatGPT

Mckinsey and Company

Philipp Skogstad, CEO of Mercedes-Benz R&D North America, shares the story of bringing generative AI to 900,000 beta testers and discusses the vision, impact, challenges, and path forward for generative AI applications in the automotive sector.

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The Barclay family, the banks and the billion-pound debt

Financial Times M&A

How a decade-long effort to restructure loans extended to the reclusive businessmen’s empire culminated in Lloyds Banking Group seizing control of a national newspaper

Banking 109
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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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CFIUS Clearance: Ørsted A/S and Uncommitted lease area for wind development from Eversource Energy

National Law Review M&A

International Trade Practice at Squire Patton Boggs Jurisdiction: All Federal Denmark Type of Law: Mergers & Acquisitions Environmental, Energy & Resources Corporate & Business Organizations Special highlight:

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Financial Implications of Rising Political Risk in the US

Harvard Corporate Governance

Posted by Stephen Davis (Harvard Law School), on Friday, September 15, 2023 Editor's Note: Stephen M. Davis is a Senior Fellow at the Harvard Law School Program on Corporate Governance and a Co-organizer of the Capital+Constitution project. Calls to overturn elections and limit voting in the US are having a powerful, long-term, but under-the-radar impact on the financial world.

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Tech-powered growth: Three things growth leaders do differently

Mckinsey and Company

Growth champions are turning tech innovation into impact by focusing on growth analytics, sales productivity, and omnichannel experiences.

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IRS Doubles Down On Substantiation of Health and Dependent Care Expenses

Trout CPA

The IRS recently cautioned employers that the tax-free status of all benefits provided under their Internal Revenue Code (IRC) Section 125 cafeteria plan could be lost if employees are allowed to self-certify or use shortcut methods to substantiate reimbursable expenses.

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A Business Upended: Streaming disrupts the Entertainment Business!

Musings on Markets

It has been an unsettling summer for anyone with a stake in the movie, television and broadcasting businesses. The strike by screen actors and writers which started in July is now into almost into its third month, with no end in sight, putting at risk the pipeline of movies and shows that were expected to hit theaters and streaming platforms in the next few months.

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Testimony of Chair Gary Gensler Before the U.S Senate Committee on Banking, Housing, and Urban Affairs

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Wednesday, September 13, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent testimony. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

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The data dividend: Fueling generative AI

Mckinsey and Company

Data leaders should consider seven actions to enable companies to scale their generative AI ambitions.

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Longtime Sidley Partner Charles Douglas Dies At 75

Law 360 M&A

Charles W. Douglas, a litigator who spent nearly five decades at Sidley Austin LLP and chaired the firm's management committee during a combination with Brown & Wood LLP in 2001, has died, the firm announced. He was 75.

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Upcoming/New Filing: Mars Acquisition Corp. and ScanTech Identification Beam Systems, LLC

National Law Review M&A

International Trade Practice at Squire Patton Boggs Jurisdiction: All Federal Type of Law: Antitrust & Trade Regulation Corporate & Business Organizations Securities & SEC Special highlight:

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SEC Finds Forms 12b-25 Not Up to Snuff

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Saturday, September 9, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. Earlier this week, the SEC announced settled enforcement actions against five companies for deficient disclosure in Forms 12b-25 that they filed regarding late reports.

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How medium-size enterprises can better manage sourcing

Mckinsey and Company

Small and medium-size enterprises often struggle to find procurement cost savings. Yet there are ways to do it while still pursuing growth and providing a superior customer experience.

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What Is Revenue-Based Financing and How Does It Work?

Lighter Capital

Whether your startup just launched, has been in the market for a few years, or has grown to millions in sales, at some point, it will need funding to accelerate growth. Startups have traditionally sold a portion of their company (equity ownership) to a business partner — typically a venture capital (VC) firm — to raise growth capital. While that alone is no easy feat, founders also have to negotiate a company valuation in the process without overly diluting equity; and startup valuations are mor

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China’s Supreme People’s Court Releases 2023 People’s Courts Typical Anti-Monopoly and Anti-Unfair Competition Cases

National Law Review M&A

Aaron Wininger Jurisdiction: China Type of Law: Intellectual Property Litigation / Trial Practice Antitrust & Trade Regulation Mergers & Acquisitions Global

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Remarks by Commissioner Lizárraga before Eurofi

Harvard Corporate Governance

Posted by Jaime Lizárraga, U.S. Securities and Exchange Commission, on Thursday, September 14, 2023 Editor's Note: Jaime Lizárraga is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in this post are those of Commissioner Lizárraga and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

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‘You need to do the math and then explain the math’: A talk with ExxonMobil’s Darren Woods

Mckinsey and Company

The chairman and CEO of the iconic oil major shares his views about misperceptions in the energy transition, the importance of taking on adversity, and why strategy needs the courage of conviction.

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7 Banking Buzzwords You Need to Know | Ncontracts

N Contracts

If you’re a banker or work for a financial institution, you’ve likely heard some of these banking buzzwords, but what do they really mean? We’re here to break down some common financial buzzwords you need to know.

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Wilko to close remaining 300 stores risking more than 10,000 jobs

Financial Times M&A

Chain to become one of the UK’s biggest retail casualties as it disappears from high street after almost a century

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Capital-Market Effects of Tipper-Tippee Insider Trading Law: Evidence from the Newman Ruling

Harvard Corporate Governance

Posted by Andrew T. Pierce (Georgia State University), on Monday, September 11, 2023 Editor's Note: Andrew T. Pierce is an Assistant Professor of Accounting at Georgia State University. This post is based on an article forthcoming in the Journal of Accounting & Economics. Related research from the Program on Corporate Governance includes Insider Trading Via the Corporation (discussed on the Forum here ) by Jesse M.

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Consumers are driving the transition to electric cars in India

Mckinsey and Company

As the transition to electric cars gains momentum in India, new consumer needs are emerging related to product features, charging, channel preferences, flexible ownership models, and more.

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Smucker’s Buys Twinkie Owner Hostess Brands for $5.6 Billion

NYT M&A

J.M. Smucker, the maker of jellies, Jif peanut butter and Uncrustables, agreed to take over Hostess Brands, adding Twinkies, Ho Hos and Ding Dongs to its portfolio of snacks.