Sat.Nov 12, 2022 - Fri.Nov 18, 2022

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15 Questions Accounting Staff Members Are Asking About the New Lease Standard

Gross Mendelsohn

If there’s one thing for certain, accounting staff members at businesses and nonprofits have more than a few questions about the new lease standard that’s about to take effect. That’s why we’re answering 15 frequently asked questions about the new lease standard.

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The Tale of Two Personal Finance SPACs: What MoneyLion And Mark Cuban-Backed Dave's Have To Say About Earnings

Benzinga

Two companies in the personal finance space went public via SPAC merger with high hopes of continuing customer growth and new product offerings in a shift to digital banking and non-traditional banking. The stock prices have fallen drastically. Here’s what happened.

Finance 52
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Representations & Warranties, Fraud, and Risk Shifting: An Analytical Framework

Harvard Corporate Governance

When used in asset-sale agreements, R&Ws are assertions by a seller to the buyer about the quality of the assets being sold. When used in financing agreements, R&Ws are assertions by a borrower to the lender about the borrower’s financial condition, its ability to repay the financing, and the quality of the collateral.

Finance 235
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Does Voluntary Financial Disclosure Matter? The Case of Fairness Opinions in M&A

Harvard Corporate Governance

Prior to 2000, Delaware said little about the need to divulge the details of fairness opinions when a firm was the target of a tender offer. Around 2001, Delaware courts concluded that this information could be material to shareholders, but a series of cases in this period gave mixed messages about the level of detail required.

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Remarks by Chair Gensler Before the Investment Adviser/Investment Company National Seminar

Harvard Corporate Governance

In thinking about compliance, my mind goes to two texts—not the off-channel communications that firms are required to document [1] —but rather two texts from long ago: one from nearly 400 years ago, and another from nearly 4,000 years ago. Compliance. That brings me to the second text, one written in stone: the Hammurabi Code.

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Becoming indispensable: Moving past e-commerce to NeXT commerce

Mckinsey and Company

A successful transition to the next horizon of digital commerce requires companies to get real about being customer first and make some hard choices.

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How Twitter Pushed its Stakeholders under the (Musk) Bus

Harvard Corporate Governance

To the contrary, Twitter’s leaders obtained from Musk, and fought hard to keep, large monetary gains for shareholders (a premium of about of $10 billion), as well as for the corporate leaders themselves (who together made a gain of over $1 billion from the deal). That is not because Twitter’s corporate leaders were pushed over by Musk.

Finance 269