Sat.Mar 16, 2024 - Fri.Mar 22, 2024

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Bookkeeping Red Flags and What To Do About Them

Redpath

Bookkeeping is strategically important for every business because financials form the foundation for daily operations and future planning. Identifying and correcting bookkeeping problems allows you to find and fix problems before they escalate so you can move forward with confidence.

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Corporate Culture Homogeneity and Top Executive Incentive Design: Evidence from CEO Compensation Contracts

Harvard Corporate Governance

Posted by Dennis Campbell (Harvard Business School), Ruidi Shang (Tilburg University), and Zhifang Zhang (Warwick Business School), on Thursday, March 21, 2024 Editor's Note: Dennis Campbell is Dwight P. Robinson Jr. Professor of Business Administration at Harvard Business School, Ruidi Shang is Associate Professor of Accountancy at Tilburg University, and Zhifang Zhang is Associate Professor of Accountancy at Warwick Business School.

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What is artificial general intelligence (AGI)?

Mckinsey and Company

Artificial general intelligence (AGI) is a theoretical AI system with capabilities that rival those of a human. Many researchers believe we are still decades, if not centuries, away from achieving AGI.

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Unilever to Spin Off Ben & Jerry’s and Cut 7,500 Jobs

NYT M&A

The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.

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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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Google And Apple's Potential AI Partnership Sparks Analyst Optimism, Could Reinforce Google's Leadership in AI Technology

Benzinga

BofA analyst Justin Post reiterated a Buy rating on Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google with a price target of $173. According to reports , Apple Inc (NASDAQ: AAPL ) is discussing licensing the Gemini AI platform with Google for integration into the forthcoming iOS 18 software update. This collaboration is set to enrich iOS with advanced Gen-AI features, including an enhanced version of Siri, Apple’s digital assistant, alongside its proprietary AI tools designed for local

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Investment Stewardship 2023 Annual Report

Harvard Corporate Governance

Posted by John Galloway, Vanguard, Inc., on Tuesday, March 19, 2024 Editor's Note: John Galloway is Global Head of Investment Stewardship at Vanguard, Inc. This post is based on a publication by Vanguard Investment Stewardship. Vanguard’s Investment Stewardship Program Vanguard’s Investment Stewardship program has a clear mandate to safeguard and promote long-term shareholder returns on behalf of the Vanguard-advised funds and their investors.

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When Private Equity Came for the Music Industry

NYT M&A

Private equity is cannibalizing the music industry by buying up old hits and pushing them back into our cultural consciousness.

Equity 145
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2024 Global Construction Industry Report

Benchmark Report

The Global Architecture, Engineering & Construction (AEC) market was valued at $10.05 billion in 2023, with a forecasted compound annual growth rate of 10.3% to reach $24.36 billion by 2032.

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Artificial Intelligence: An engagement guide

Harvard Corporate Governance

Posted by Severine Neervoort and Wendela Rang, International Corporate Governance Network (ICGN), on Thursday, March 21, 2024 Editor's Note: Severine Neervoort is Global Policy Director, and Wendela Rang is Policy Executive at International Corporate Governance Network (ICGN). This post is based on their ICGN memorandum. 1. Introduction Artificial intelligence (AI) presents both extraordinary opportunities and complexities for today’s companies.

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Scaling gen AI in banking: Choosing the best operating model

Mckinsey and Company

Generative AI is transforming financial services, offering opportunities for efficiency and innovation. As banks race to deploy gen AI, the right operating model can help unlock its potential.

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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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A Financial Crisis May Jeopardize Local News in Most of Atlantic Canada

NYT M&A

The main lender for SaltWire, which owns most of the region’s legacy newspapers outside New Brunswick, has moved to dissolve the publisher.

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Comment on Marcia Fudge leaving HUD! by Retired Appraiser

Appraisers Blog

In reply to Spencer Paul. Also the same guy that launched a nasty fight over politics months ago. His brother runs a mortgage company and keeps him fed. I am pretty sure he pulled some prison time recently as well.

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After 1576 days, DC District Court holds proxy advisor rule invalid

Harvard Corporate Governance

Posted by Cydney Posner, Cooley LLP, on Sunday, March 17, 2024 Editor's Note: Cydney Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. A Federal District Court has just held invalid the SEC’s rule regarding proxy advisory firms. The case dates back to 2019(!), when ISS sued the SEC and then-SEC Chair Jay Clayton in connection with the SEC’s interpretive guidance that proxy advisory firms’ vote recommendations were, in the view of the SEC, “solicitations” und

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Better together: Process and task mining, a powerful AI combo

Mckinsey and Company

Two AI-enabled approaches are changing the way companies identify operational improvement opportunities. Individually powerful, together they can be transformative.

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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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The Trustbuster Who Has Apple and Google in His Sights

NYT M&A

Jonathan Kanter, the head of the Justice Department’s antitrust division, made his boldest move on Thursday by accusing Apple of antitrust violations.

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Comment on Marcia Fudge leaving HUD! by Spencer Paul

Appraisers Blog

In reply to Jack Preacher. Jack, First I don’t believe you that you have completed 20k assignments and even if you have, I really don’t care because I have viewed the work of people that run their mouths like you do. I honestly don’t even think that you are an appraiser – rather some rando that wants troll an appraisal blog. I’m sorry you think that I talk too much, but you came to this blog spot and chose a fictional character to be your screen name rather than putting a name to claims yo

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Disentangling the value of ESG scores and classification of sustainable investment products

Harvard Corporate Governance

Posted by Andrew Siwo, New York University and Cornell University, on Friday, March 22, 2024 Editor's Note: Andrew Siwo is an Adjunct Assistant Professor at New York University and a Lecturer at Cornell University. This post is based on his memorandum. Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) by Lucian A.

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Boards of directors: The final cybersecurity defense for industrials

Mckinsey and Company

With digitization, computing, and advanced technologies, the “attack surface” is now the sum of systems and capabilities that can be exploited by cyberattackers.

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Canadian Supplement Co. Seeks US Bankruptcy Recognition

Law 360 M&A

A nutritional supplement supplier based in Montreal told a Delaware bankruptcy judge Thursday it needs the U.S. court to recognize of its Canadian insolvency proceedings, reasoning that an eviction threat may cut off access to assets in California the debtor needs for its sale plans.

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Comment on Marcia Fudge leaving HUD! by Lindsey

Appraisers Blog

In reply to Jack Preacher. Jack, not that I owe you an explanation but you seemed disturbed and might need some help. The appraised value by the desktop appraiser from another state was actually $80,000 OVER what the actual value was. Everything comes back around. I hope you get the help you need. Seems like therapy or anger management could be an option.

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Unlocking AI-assisted development: Microdosing strategies for freethinkers

Avanade

Sean Peterson proposes four ways that you can “microdose” GitHub Copilot (or any similar copilot) — that is, introduce it into your work holistically and deliberately, in the spirit of adventure and experimentation.

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Global Economics Intelligence executive summary, February 2024

Mckinsey and Company

Global economic uncertainty elevated but consumers upbeat; China faces deflation, real estate problems, and FDI decline; EU growth stagnant; high US interest rates affecting households and companies.

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US Chamber's Litigation Funding Concerns Spur 2 State Laws

Law 360 M&A

Amid concerns from the U.S. Chamber of Commerce about third-party litigation funding, including from potentially hostile foreign entities, state legislatures in Indiana and West Virginia have recently passed bills imposing restrictions on the practice.

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Comment on Marcia Fudge leaving HUD! by Spencer Paul

Appraisers Blog

In reply to AppraisersBlogs Team. Oh, thank you. Being featured by a man name Brian Coester. Everything comes full circle. Coester VMS was one of egregious violators of not paying appraiser’s a reasonable a customary fees. I see you have been prominently featured by them and can now understand your points of view, of which still lack any substantiation what so ever, but at least it now makes sense.

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Broadcom's VMware Overhaul Sparks Regulatory Scrutiny - What's Going On?

Benzinga

Broadcom Inc’s (NASDAQ: AVGO ) acquisition of VMware , a leading cloud-computing and virtualization firm, has sparked concern among Europe-based Cloud Infrastructure Service Providers of Europe (CISPE). Following the acquisition, CISPE urges regulators to address the pricing and business model adjustments Broadcom has implemented within VMware’s partnership program.

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Novel proteins: Consumer appetite for sustainably made ingredients

Mckinsey and Company

Novel ingredients could shape the future of food—but are consumers willing to try (and pay for) them? Our survey on US consumer sentiment offers insights for formulators, brands, and retailers.

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Spartan Arbitration Tactics Against Well-Funded Opponents

Law 360 M&A

Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.

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Comment on Marcia Fudge leaving HUD! by Jack Preacher

Appraisers Blog

In reply to Spencer Paul. This comment was edited by AppraisersBlogs Team. Profanity is edited out because it’s inappropriate within the context of this blog. Spencer, I really own you now. Name calling. I am a w e I guess for making a living. Ah, but aren’t we all??? Its obvious you are one bias. I have been appraising for 40 years dude. I will retire when I die.

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Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.

NYT M&A

TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.

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Industrial heat pumps: Five considerations for future growth

Mckinsey and Company

Industrial heat pumps can help decarbonize the industrial sector and district heating. To develop new solutions and increase uptake, heat pump OEMs and end users can start conversations in key areas.

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Brokerage Owner Hid Compliance Woes Before Sale, Suit Says

Law 360 M&A

Financial services company Arete Wealth Inc. has sued the previous owner of a brokerage firm it acquired, claiming the former owner papered over widespread compliance issues at his firm that ultimately led to an "onslaught of costly arbitrations" after the sale closed.

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Comment on Marcia Fudge leaving HUD! by Jack Preacher

Appraisers Blog

In reply to Spencer Paul. Spencer, 20k appraisals and still going strong. Pretty sure you are no where near that mark. Not one issue ever. How bout you? You talk too much. WE all know the problem with valuation these days. Its bias appraisers screwing it for honest appraisers like myself. Maybe you should start a new career inf BS writing. Thanks for your feedback.

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How to Minimize Billing Bottlenecks

Machen McChesney

Managing accounts receivable can be challenging, especially in an uncertain economy. To keep your company financially fit, it’s a good idea to occasionally revisit your billing and collections processes to ensure they’re as efficient and effective as possible. Consider these helpful tips.

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The McKinsey Crossword: Quarterly Report | No. 172

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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