Harvard Corporate Governance

SEPTEMBER 2, 2023

This post presents findings from a survey of members of the Society for Corporate Governance that focused on aspects of AI, including where in the organization AI resides, use policies/framework, risk mitigation measures, education and training, and board oversight.

Technology 325

Technology Compliance Equity 325

Harvard Corporate Governance

JUNE 27, 2022

We document that the appointment of managers with a business school degree (“business managers” for short) leads to lower wages and labor share at their firms. In both countries, the share of firms with business managers has grown rapidly over time. more…).

Finance 257

Finance Technology Marketability 257

Harvard Corporate Governance

APRIL 3, 2024

1] What’s more, organizations that are more diverse as a whole with respect to gender—from top executives and board members to managers and employees—tend to outperform those that are less gender-diverse. [2] Companies with more diverse boards have shown that they tend to perform better financially. [1]

329

329

Harvard Corporate Governance

AUGUST 6, 2022

This growing and ever-evolving list of issues that companies are expected to effectively manage is causing many boards to consider what it may mean for their oversight role and how to maintain and/or enhance oversight effectiveness. frequency or length). frequency or length). The actual number of responses for each question is provided.

286

286

Harvard Corporate Governance

JANUARY 15, 2024

Posted by Matteo Tonello, The Conference Board, on Monday, January 15, 2024 Editor's Note: Matteo Tonello is Managing Director of ESG Research at The Conference Board ESG Center in New York. more…)

Equity 282

Equity 282

Harvard Corporate Governance

NOVEMBER 6, 2023

While disclosure trends suggest that businesses are closing the gap with expectations, many companies may find areas for improvement. Such oversight should be structural and rooted in a company’s leadership and organizational design, including the board.

Technology 331

Technology 331

Harvard Corporate Governance

NOVEMBER 21, 2022

Our Findings. At the document-year level, we find that the percentage of firms releasing these voluntary disclosures increased from 35% to 86% during this period, although the length of these documents experienced more modest growth. We find that the language used within topics has evolved as the operating environment has changed.

Start-ups 270

Start-ups Finance 270

Harvard Corporate Governance

APRIL 11, 2022

We present findings from a February 2022 survey of Society for Corporate Governance members representing more than 150 public and private companies. 1] The findings pertain to all companies, public and private. In this post, we look at whether the pandemic prompted lasting changes to key board meeting practices and processes.

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266

Harvard Corporate Governance

APRIL 18, 2024

Posted by Amy Jane Longo, Shannon Capone Kirk, and Isaac Sommers, Ropes & Gray LLP, on Thursday, April 18, 2024 Editor's Note: Amy Jane Longo is a Partner, Shannon Capone Kirk is Managing Principal & Global Head of Advanced E-Discovery and A.I. Strategy, and Isaac Sommers is an Associate at Ropes & Gray LLP.

Compliance 117

Compliance Marketability 117

Harvard Corporate Governance

JANUARY 12, 2024

mutual funds collectively managed assets worth $27 trillion, held about 32% of all U.S. The Securities and Exchange Commission (SEC) requires mutual funds to provide the public with detailed information about their portfolio holdings and investment activities so mutual fund investors know how their money is being managed.

Equity 124

Equity Marketability 124

Harvard Corporate Governance

JULY 17, 2023

Directors in our most recent survey said that over the past few years their boards have also made improvements in communicating with management, conducting board meetings, and communicating with other directors.

Equity 235

Equity 235

IVSC

FEBRUARY 21, 2024

Nicolas was previously the Managing Director at a consultancy specialized in advising, valuing, and transacting in intangible assets. He has been recognized as one of the world top 300 IP Strategists for multiple years by the Intellectual Asset Management. He is also the technical director of the IVSC’s Business Valuation Board.

Business Valuation 246

Business Valuation Corporate Finance Intangible Assets Appraisal 246

N Contracts

JANUARY 25, 2024

Find out why and how risk management can help. Bank failures have happened to financial institutions of different sizes over the past 40 years, but the reasons are the same.

Banking 85

Banking Compliance 85

Harvard Corporate Governance

FEBRUARY 13, 2024

Posted by Carey Oven, Bob Lamm, and Maureen Bujno, Deloitte Touche Tohmatsu Limited, on Tuesday, February 13, 2024 Editor's Note: Carey Oven is a National Managing Partner, Bob Lamm is an Independent Senior Advisor, and Maureen Bujno is a Managing Director at Deloitte Touche Tohmatsu Limited. Oven, Mr. Lamm, Ms.

Technology 124

Technology 124

Harvard Corporate Governance

FEBRUARY 27, 2023

Asset managers believe that voting at shareholder meetings is an essential element of how they exercise their fiduciary duty on behalf of their clients. Yet, outside the asset-management industry, opinions are increasingly polarized. Others believe managers are overprioritizing such issues to the detriment of investor returns.

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204

Harvard Corporate Governance

AUGUST 24, 2022

Tayan; David Larcker , Professor of Accounting at Stanford Graduate School of Business; Edward Watts , Assistant Professor of Accounting at Yale School of Management; and Lukasz Pomorski , Lecturer at Yale School of Management.

Marketability 351

Marketability 351

Harvard Corporate Governance

JULY 6, 2022

The result is “hidden agendas”: for 88% of shareholder votes, investors cannot find out what they will be voting on before the record date. All investors who engage in share lending are affected, but the problem is particularly acute for large investment managers that have fiduciary duties related to voting.

Marketability 235

Marketability 235

Harvard Corporate Governance

FEBRUARY 16, 2023

Kothari (Massachusetts Institute of Technology), and Robert Pozen (Massachusetts Institute of Technology), on Thursday, February 16, 2023 Editor's Note: Nicholas Guest is an Assistant Professor of Accounting at Cornell’s Johnson Graduate School of Management; S.P. This post is based on their recent paper forthcoming in The Accounting Review.

Technology 220

Technology Finance 220

Mckinsey and Company

MARCH 10, 2023

In the modern workplace, middle managers face many challenges. A new survey finds three areas where organizations can better support their managers and help them accomplish more.

107

107

Appraiser Newsroom

FEBRUARY 4, 2024

Discover the strategic advantage of incorporating a link to your Google service area within your ASA Find an Appraiser profile. So, how can you optimize your presence on ASA’s Find an Appraiser (FAA) and online Membership Directory tools? On the left side of the screen, find your business profile under the Overview tab.

Appraisal 52

Appraisal Business Valuation 52

Harvard Corporate Governance

JULY 7, 2023

The reasoning of the High Court reinforces the English courts’ longstanding reticence to interfere in company management, including on climate change matters. The High Court held that ClientEarth had failed to establish a prima facie case, which was fatal to the application.

220

220

Mckinsey and Company

DECEMBER 20, 2023

How do you find and keep the best salespeople at a start-up? Dominikus Kirchhoff, former managing director at Choco, discusses his recipe for doing just that.

Start-ups 81

Start-ups 81

Harvard Corporate Governance

SEPTEMBER 4, 2023

Findings Respondents, primarily corporate secretaries, in-house counsel, and other in-house governance professionals, represent 98 public companies of varying sizes and industries. [1] 1] The findings pertain to these companies, and where applicable, commentary has been included to highlight differences among respondent demographics.

130

130

Harvard Corporate Governance

FEBRUARY 1, 2023

Posted by Paul Keary, Ursula Burns, and Sparky Zivin, Teneo, on Wednesday, February 1, 2023 Editor's Note: Paul Keary is CEO, Ursula Burns is Chair, and Sparky Zivin is a Senior Managing Director at Teneo. We hope that the findings prove useful as you plan your strategy for 2023 and beyond. This post is based on their Teneo report.

Technology 314

Technology 314

Harvard Corporate Governance

JUNE 13, 2022

Posted by Molly Stutzman, Laura Thornton, and Matthew Nestler, JUST Capital, on Monday, June 13, 2022 Editor's Note: Molly Stutzman is Analyst of Corporate Research, Laura Thornton is Junior Analyst, and Matthew Nestler is Senior Manager of Workplace Policies Research at JUST Capital. Key Findings. That includes the American public.

Equity 306

Equity 306

Mckinsey and Company

NOVEMBER 20, 2023

Managers who understand what motivates different types of workers can boost their engagement and help them find more satisfaction at work. More than 50 percent of workers say their productivity is down.

86

86

Harvard Corporate Governance

MARCH 30, 2022

Chabraja Professor of Finance at Northwestern University Law School; Katherine Litvak , Professor of Law at Northwestern University Pritzker School of Law; Woongsun Yoo , Assistant Professor of Finance at Central Michigan University; and Jeff Jiewei Yu , Associate Professor of Accounting at the University of Arizona Eller College of Management.

Finance 189

Finance Marketability 189

Harvard Corporate Governance

DECEMBER 26, 2022

Posted by Maria Castañón Moats, Barbara Berlin, and Joseph Nocera, PricewaterhouseCoopers LLP, on Monday, December 26, 2022 Editor's Note: Maria Castañón Moats is Leader and Barbara Berlin is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. Here’s where boards come in.

Marketability 246

Marketability 246

Harvard Corporate Governance

JUNE 5, 2023

Tan (Singapore Management University), on Monday, June 5, 2023 Editor's Note: Michael Shen is an Assistant Professor of Accounting at NUS Business School, National University of Singapore, and Samuel T. Tan is an Assistant Professor of Accounting at the School of Accountancy, Singapore Management University.

Marketability 220

Marketability 220

Harvard Corporate Governance

AUGUST 3, 2023

Voting against management-nominated directors is an important mechanism for institutional investors to convey their dissatisfaction with a wide array of corporate policies and performance. Our findings indicate that while environment and social issues, in general, are not related to voting outcome, governance plays a crucial role.

Finance 189

Finance Marketability 189

Harvard Corporate Governance

SEPTEMBER 19, 2022

Schloetzer (Georgetown University), on Monday, September 19, 2022 Editor's Note: Matteo Tonello is Managing Director of ESG Research at The Conference Board, Inc., These Key Findings are based on a dataset downloaded on July 6, 2022 from CEO Succession Practices in the Russell 3000 and S&P 500: Live Dashboard. and Jason D.

204

204

Harvard Corporate Governance

JULY 12, 2022

Posted by James Killerlane, BNY Mellon, on Tuesday, July 12, 2022 Editor's Note: James Killerlane is the Corporate Secretary, Managing Director and Deputy General Counsel of BNY Mellon. As a result, IR teams that are just beginning to make ESG a standard part of their process can use our findings in two ways.

Marketability 332

Marketability 332

Harvard Corporate Governance

NOVEMBER 28, 2022

Posted by Rüdiger Fahlenbrach (Ecole Polytechnique Fédérale de Lausanne), on Monday, November 28, 2022 Editor's Note: Rüdiger Fahlenbrach is Swiss Finance Institute professor at Ecole Polytechnique Fédérale de Lausanne (EPFL) College of Management. This post is based on a recent paper by Professor Fahlenbrach, Professor René M.

Intangible Assets 232

Intangible Assets Finance Marketability 232

Harvard Corporate Governance

AUGUST 12, 2022

Many organizations find it challenging to know where to start when adding a new Chief Sustainability Officer (CSO) role. The vast majority report to other C-level executives or management below. Our recommendation is to provide them with a direct line to the CEO. The rise of the “Empowered CSO”. more…).

305

305

Harvard Corporate Governance

APRIL 3, 2023

Management teams and their advisors were trying to get their arms around a new definition of pay called “Compensation Actually Paid” and the necessary calculations for the new disclosure. and also made observations on unique findings. Our key findings are summarized below.

Total Shareholder Return 248

Total Shareholder Return Marketability 248

Vested

MARCH 14, 2024

In the competitive landscape of small to medium-sized enterprises (SMEs), finding effective ways to attract and retain top talent while fostering growth is crucial - but far from easy. One such tool is the Enterprise Management Incentive (EMI) scheme. Luckily, there are tools to help.

52

52

Harvard Corporate Governance

NOVEMBER 17, 2022

Posted by Olwyn Alexander, Dariush Yazdani, PricewaterhouseCoopers LLP, on Thursday, November 17, 2022 Editor's Note: Olwyn Alexander is Global Asset and Wealth Management Leader and Dariush Yazdani is Global Asset and Wealth Management Market Research Centre Leader at PricewaterhouseCoopers LLP. This post is based on their PwC report.

Marketability 189

Marketability 189