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Cybersecurity + ESG for the Global Capital Markets

Harvard Corporate Governance

Nasdaq’s ESG Reporting Guide is a leading standard within the global capital markets for companies implementing ESG policies and metrics. This can aid in encouraging more enhanced cybersecurity governance and improvements for the global capital markets. Posted by Jonathan R.

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The Market for Corporate Criminals

Harvard Corporate Governance

As a result, this problem could represent social cost in that one of corporate law’s key mechanisms for addressing business deficiencies—the market for corporate control—might fail when the deficiency in question is a culture of lawbreaking. The acquisition of Bankrate —a once-public financial firm—by Red Ventures—a private marketing company—is an instructive example.

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The Market for CEOs: Evidence from Private Equity

Harvard Corporate Governance

A wide range of research examines the market for CEOs and executive mobility in public companies while largely ignoring the market for CEOs in private equity funded companies. We augment the work on public company CEOs by studying the market for CEOs among larger U.S. Academic Research Empirical Research Executive Compensation Private Equity Executive turnover Human capital Labor markets Management Private equityPosted by Paul A.

Equity 181
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Clawback Policies: Evolving Market Norms and SEC Rules

Harvard Corporate Governance

Clawback policies are already the market norm in most industries. ESG Practitioner Publications Securities Regulation Market conditions Rule 10b-5 SECPosted by Subodh Mishra, Institutional Shareholder Services, Inc.,

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Benchmark International Successfully Facilitated The Transaction Of Recruiters Websites By Haley Marketing

Benchmark Report

Benchmark International successfully guided the acquisition of Recruiters Websites by Haley Marketing. Benchmark International digital middle-market Deal completions Mergers and Acquisitions Success exit strategy Digital Marketing 2023 website design SEO Digital design

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Addressing Market Volatility and Risk in M&A Agreements

Harvard Corporate Governance

Significant volatility continues to disrupt the equity markets, with the major stock indexes swinging multiple percentage points often on a daily basis. Many M&A professionals have seen at least one, and in some cases multiple, potential transactions fall victim during the negotiation stage to the effects of economic uncertainty and market volatility over the past few months, and overall M&A is down roughly 25% globally in 2022 as compared to 2021. Posted by Edward D.

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A Tale of Two Networks: Common Ownership and Product Market Rivalry

Harvard Corporate Governance

The past few decades have seen public equity markets becoming increasingly dominated by a few large, diversified institutional investors such as BlackRock, Vanguard, and Fidelity.

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How Useful are Commercial Corporate Governance Ratings in Emerging Markets?

Harvard Corporate Governance

Some researchers measure firm-level CG using country-specific indices (CSIs), tailored to each country’s laws and institutions; several studies report that these indices can predict Tobin’s q in emerging markets, in a panel data framework with firm fixed effects. In our paper, How Useful are Commercial Corporate Governance Ratings in Emerging Markets? , It can be conducted in individual countries, or across multiple countries, in both developed and emerging markets (EMs).

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Visualizing Market Activity Using Graphs & Trendlines

Appraisers Blog

This completed process becomes an exhibit in all my appraisal reports because it helps the Intended User(s) visually see what the market has been doing over a known time period. Crystal Ball & PFA Techniques PFA figures & opaque crystal balls don’t work when reporting market trends!

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Can Old Sin Make New Shame? Stock Market Reactions to the Release of Movies Re-Exposing Past Corporate Scandals

Harvard Corporate Governance

The impact of this movie turned out to be surprisingly prominent — Dark Waters incited significant and persistent negative stock market reactions towards DuPont: The stock price of DuPont took a major dive, dropping by 9.08% over the first week after the movie was premiered on November 12, 2019, and further slumping by another 1.42% over the second week. Academic Research Compliance & ethics Corporate governance DuPont Stock analysts stock market Stock returns

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Demystifying account-based marketing

Avanade

The why, what and how of account-based marketing and 4 ways marketing automation can support your ABM strategy. marketing

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Fraud on the Crypto Market

Reynolds Holding

Such unchecked fraud not only risks injuring investors who trade the affected crypto assets but also risks damaging the reputation of legitimate crypto assets whose trading markets can be tainted by the prospect of fraud.

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Do Equity Markets Care About Income Inequality? Evidence from Pay Ratio Disclosure

Harvard Corporate Governance

financial markets and shareholders assess the dispersion in pay between a firm’s top executives and rank-and-file employees. Understanding equity markets’ assessment of income inequality is important because equity markets allocate capital and send valuation signals to firms, informing and possibly shaping corporate policies that contribute to or mitigate income inequality. The negative market reaction persists at least several months after the initial pay ratio disclosure.

Equity 159
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The Zomato IPO: A Bet on Big Markets and Platforms!

Musings on Markets

Zomato, an Indian online food-delivery company, was opened up to public market investors on July 14, 2021, and its market debut is being watched for clues by a number of other online ventures in India, waiting in the wings to go public. A Big Market Premium?

Beta 71
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BVR’s Discount for Lack of Marketability Survey: Results Show Some Red Flags to Watch For

BVR

BVR’s recent survey on methodology and practice for estimating a discount for lack of marketability (DLOM) garnered over 200 responses. discount for lack of marketability (DLOM

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Tesla in 2023: A Return to Reality, The Start of the End or Time to Buy?

Musings on Markets

My last valuation of Tesla was in November 2021, towards its market peak, and given its steep fall from grace, in conjunction with Elon Musk's Twitter experiment, it is time for a revisit. I am not much of a car person and view cars primarily as a mode of transportation.

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Data Update 3 for 2023: Inflation and Interest Rates

Musings on Markets

If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. The rise in rates transmitted to corporate bond market rates, with a concurrent rise in default spreads exacerbating the damage to investors.

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Why Your M&A Strategy Needs A Marketing Strategy

Benchmark Report

Leading up to a transaction, it’s not uncommon for business owners to focus more on these elements and not the area of marketing as an essential part of their M&A strategy. In addition, effective marketing strategies can help the company create value and growth in several capacities.

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Data Update 2 for 2023: A Rocky Year for Equities!

Musings on Markets

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don't always win, even in the long term.

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2022 Marketing Consulting, Branding & PR Industry Report

Benchmark Report

The Global Marketing Consulting Market. The global marketing consulting market is expected to grow by $3.83 Over the next four years, 35% of the global market’s growth will originate from North America.

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META Lesson 1: Corporate Governance

Musings on Markets

Investors, used to a decade of better-than-expected earnings and rising stock prices at these companies, have been blindsided by unexpected bad news in earnings reports, and have knocked down the market capitalization of these companies by hundreds of billions of dollars in the last few weeks.

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What connects the stock market contraction to startup valuations?

Equidam

In an analysis of the market, Justin Kahl and David George of Andreessen Horowitz showcase data on how public companies have seen their revenue multiples shrink by an average of 60%, with large sector variability. What connects stock market contraction to startup valuations?

Alpha 70
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Remarks by Chair Gensler at the Annual Conference on Financial Market Regulation

Harvard Corporate Governance

This post is based on his recent remarks before the Annual Conference on Financial Market Regulation. It’s good to join the Annual Conference on Financial Market Regulation once again alongside my SEC colleagues, including Chief Economist Jessica Wachter and Commissioner Allison Herren Lee. government raised money from the public through “Liberty Bonds,” marketed on posters featuring Uncle Sam. Americans turned to our capital markets to support the war efforts.

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China Pumps Up The ‘Panda Bond’ Market

Global Finance

With interest rates rising in the West, China hopes its falling interest rates will attract multinationals to its domestic bond market

Finance 67
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Data Update 2 for 2022: US Stocks kept winning in 2021, but…

Musings on Markets

If equity markets surprised us with their resilience in 2020, not just weathering a pandemic for the ages, but prospering in its midst, US equity markets, in particular, managed to find light even in the darkest news stories, and continued their rise through 2021.

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Transcending Fair Market Value

Value Scope

Click to Download: Transcending Fair Market Value. Transcending Fair Market Value. intrinsic value, fair value, fair market value). Its price is $100,000, and its FMV is $100,000 (assuming it was bought at arms-length in an active market), but I may have agreed to pay much more.

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What Is Stock Market Short-Termism?

Reynolds Holding

What is stock market short-termism? It’s important to know the boundaries between stock market short-termism and other economic ills, because in public discourse many social and economic woes are mistakenly attributed to stock market myopia.

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Benchmark International Wins Investment Bank Of The Year (Small Mid-Market Americas)

Benchmark Report

Benchmark International has been honored with an M&A Atlas Award from the Global M&A Network for Small Mid-Market Investment Bank of the Year (Americas).

Banking 52
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Benchmark International Successfully Facilitated the Transaction Between Complete Marketing Resources, Inc. and VIV

Benchmark Report

The seller, Complete Marketing Resources, is a leader in the web design, search engine optimization and online marketing space, specializing in the automotive industry. The buyer, VIV, offers their clients a suite of digital marketing solutions across the U.S.

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EXCLUSIVE: AgriFORCE Agrees To Snap Berry People For $28M And Earnout Provision To Tap Budding Berries Market

Benzinga

Berry People was founded in 2017 by berry industry veterans to create a new platform to meet market demand for a branded, year-round, and full-line supply of organic and conventional berries.

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The benefits of an automated outbound marketing

Avanade

With the advances in marketing technology, outbound marketing now has the potential to be a personable and relatable approach particularly with complex or customised products, services, and solutions. marketing

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A Return to Teaching: The Spring 2023 Edition

Musings on Markets

Pre-game Prep If there is a lesson be learnt from the last few years of market mayhem, it is that far too many investors, professional as well as retail, seem to have lost their moorings (or never had them in the first place), when it comes to the basics of accounting, finance and statistics.

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How Market Feedback Affects CEO Pay

Reynolds Holding

We refer to decision makers’ learning from changes in stock prices as the market feedback effect and examine whether this effect applies to boards when they decide on CEO compensation. We calculate the focal firm’s three-day cumulative abnormal market-adjusted return ( CAR ) around its SOP-failed peer’s annual shareholders’ meeting date. million) in the subsequent year, relative to those with no adverse market-spillover effect.

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I missed the market!

Benchmark Report

We have been in an unprecedented bull market. I use the phrase here broadly as the public markets have been flying for over a decade, and the M&A market has seen similar levels of growth. But bull markets must end. Markets do work in cycles.

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SinglePoint's Latest Acquisition May Give Commercial Properties Across Deregulated Markets New Options For Utilizing Solar Energy

Benzinga

M&A Partner Content Penny Stocks SING SinglePoint Emerging Markets Markets SING M&A Penny Stocks Emerging Markets Markets Benzinga

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Industry Asset Revaluations around Public and Private Acquisitions

Harvard Corporate Governance

Summary of the findings: We study whether M&A activity improves the informational efficiency of financial markets – i.e., the ability of asset prices to reflect accurately fundamentals. First, announcements of M&A transactions are important events that are closely followed by market participants as they reveal new information about the value of merging firms (e.g., Academic Research Acquisitions financial markets M&A Misvaluation Revaluation stock market

Finance 147
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Flora Growth's Shares Soar On Securing A 'Crucial Footprint In An Established International Cannabis Market'

Benzinga

“We view this acquisition as transformational as Flora pursues its strategic growth plan to lead the global market for cannabis and its derivatives,” stated Luis Merchan , chairman and CEO of Flora. Flora Growth Corp.

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How Adding Advisory Services Can Affect Your Succession Planning

ThomsonReuters

However, the market is in a transition as well. He was fortunate enough to have his son-in-law come in as a partner, but he was worried, with the huge change in the market, what this life would look like for him.

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Cryptocurrency Market Size Worth USD 1902.5 Million by 2028 | Report by Fortune Business Insights

Benzinga

18, 2023 (GLOBE NEWSWIRE) -- The global cryptocurrency market size was valued at USD 826.6 Fortune Business Insights™ has published these insights in its latest research report titled, "Cryptocurrency Market Forecast, 2023-2028.". Cryptocurrency Market Size in 2020.

Finance 87
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Eight Truths about The Current Market for Selling Your Business

Benchmark Report

For over ten years, business owners have enjoyed a sellers’ market in the lower and middle markets. But the tide is turning. Here’s the headline: Multiples are not trending downward, buyers are slower, more cautious, and cockier, and deals are taking longer.

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META Lesson 3: Tell me a story!

Musings on Markets

In my first two posts on Facebook, I noted that its most recent earnings report, and the market reaction to it, offers an opportunity for us to talk about bigger issues.

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The Shift From a Seller's Market To a Buyer's Market When Interest Rates Rise

Benchmark Report

So if you are a business owner considering selling your company, the good news is that right now, it's a seller's M&A market. In a seller's market, demand is high for assets that are in limited supply, giving sellers more pricing and negotiating power.

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What is a Discount for Lack of Marketability?

Chris Curtain

How to Understand DLOM How Discounts for Lack of Marketability (DLOM) May Impact Your Business Valuation If you are a business owner, you have likely considered obtaining a business appraisal of your enterprise. The post What is a Discount for Lack of Marketability?