Harvard Corporate Governance

OCTOBER 30, 2024

What accounts for Delaware’s remarkable dominance in the market for corporate charters? This post is based on their recent article forthcoming in the Northwestern University Law Review , and is part of the Delaware law series ; links to other posts in the series are available here. Alone among U.S.

Marketability 220

Marketability 220

Harvard Corporate Governance

JUNE 26, 2024

Securities and Exchange Commission (“SEC”) filed its third matter this year involving “AI washing”—namely, alleged misstatements or omissions by securities market participants about the use of artificial intelligence (“AI”). more…)

Marketability 203

Marketability Technology Equity 203

Harvard Corporate Governance

DECEMBER 5, 2023

In Market Response to Racial Uprisings , we study how such uprisings influence firms with connections to law enforcement. The movement, which resulted in the largest sustained protest in U.S. history, sparked numerous debates about the role of policing in the U.S. and how it intersects with systemic racism (New York Times, 2020).

Marketability 222

Marketability 222

Harvard Corporate Governance

OCTOBER 2, 2023

Investors may have incentives to keep secret these activities to maintain their trading advantage over the market. Site visits are considered costly and significant activities for investors to acquire information. Therefore, it raises the question of why an investor would voluntarily disclose the incidence of their site visits.

Marketability 222

Marketability Finance Technology 222

Reynolds Holding

APRIL 9, 2025

But in our analysis, one major change is missing from the current understanding of bankruptcys success: Bankruptcy courts and practice in the 1980s rejected market value; today bankruptcy courts and practice accept and use market value. It allows firms to be repositioned in market transactions. It speeds up proceedings.

Marketability 59

Marketability Firm Value Equity 59

Butcher Joseph & Co.

MAY 11, 2025

The post Q1 2025 Economic and M&A Middle Market Update appeared first on ButcherJoseph & Co. Jeff Buettner breaks down the current state of M&Awhos buying, whats happening with valuations, and how financing trends are shifting.

Marketability 70

Marketability Finance 70

Appraisers Blog

FEBRUARY 11, 2025

Jonathan, your post highlights an incredibly important and often overlooked issue in today’s real estate market: the proliferation of appraisal waivers and the resulting data cancer thats infecting property valuations.

Appraisal 82

Appraisal Comps Marketability 82

Viking Mergers

APRIL 24, 2023

For some, the numbers make sense to go to market now. So ensure before going to market that you are accurately tracking your inventory and have an inventory management system in place. The post Not Every Business Is Ready To Go To Market With Viking: Here’s Why appeared first on Viking Mergers & Acquisitions.

Marketability 244

Marketability Business Valuation Comps Compliance 244

IVSC

JANUARY 27, 2025

This report provides a detailed analysis of how Environmental, Social, and Governance (ESG) factors are being considered in valuation practices across different regions and markets. Based on responses from 542 valuation professionals in 85 countries, the survey examines: The extent to which ESG factors are being incorporated into valuations.

Marketability 262

Marketability Intangible Assets Business Valuation 262

Harvard Corporate Governance

MARCH 12, 2025

Posted by Antoinette Giblin, Diligent Market Intelligence, on Wednesday, March 12, 2025 Editor's Note: Antoinette Giblin is Editorial Manager at Diligent Market Intelligence (DMI). This post is based on a Diligent memorandum by Ms. Giblin, and Josh Black. However, activists targeting U.S. more…)

Marketability 173

Marketability 173

Mckinsey and Company

APRIL 3, 2025

The growing number of export restrictions is disrupting companies market strategies and tangling their supply chains. Heres how CEOs can navigate the shifting landscape of global trade.

Marketability 131

Marketability 131

Harvard Corporate Governance

FEBRUARY 19, 2025

In the late 19th through the 20th century M&A activity was characterized by waves that reflected adaptations to changing external environment, whether the efficient production frontier, regulatory constraints, or capital market developments. The 21st century is different. There is a persistently high level of M&A.

Marketability 178

Marketability 178

Auto Dealer Valuation Insights

MAY 2, 2025

Following up on our post from last week and prior musings on formula pricing, we show an illustrative example of how the market volatility we’ve endured so far this year could impact the formula pricing valuation of a $1 billion AUM RIA that has 70% of its clients’ assets in the S&P 500 and 30% in a diversified bond fund.

Marketability 52

Marketability 52

Harvard Corporate Governance

NOVEMBER 6, 2022

Posted by Jeremy Barr, Valerie Ford Jacob, and Pamela Marcogliese, Freshfields Bruckhaus Deringer LLP, on Sunday, November 6, 2022 Editor's Note: Jeremy Barr is Counsel, Valerie Ford Jacob is Global Co-head of Capital Markets & Partner, and Pamela Marcogliese is a Partner at Freshfields Bruckhaus Deringer LLP. closing bid).

Compliance 325

Compliance Marketability 325

Scott Mashuda

APRIL 22, 2025

For CEPAs (Certified Exit Planning Advisors ) working with clients in the lower middle market, understanding this evolving landscape is crucial to providing effective guidance through the Value Acceleration Methodology process. The Role of CEPAs in Value Acceleration Successful exits in the lower middle market require extensive preparation.

Private Equity Firm 52

Private Equity Firm Marketability EBITDA Equity 52

Benzinga

MAY 1, 2025

is expanding its influence beyond fintech by leveraging CEO Michael Berman's works to create media content focused on emotional intelligence in capital markets. This initiative aims to complement their technology offerings by fostering smarter leaders and enhancing decision-making across the financial sector CHEYENNE, Wyo.,

Marketability 52

Marketability Technology 52

Harvard Corporate Governance

APRIL 11, 2025

An economic depression, world wars, and an ever-volatile financial market instilled a sense of resilience and discipline into older generations, and they remained laser-focused to provide value to their companies. Historically, executives in the United States had their leadership styles molded by a dynamic world.

Start-ups 207

Start-ups Technology Marketability 207

Harvard Corporate Governance

JANUARY 25, 2023

Our Goals Protecting the Investing Public; Maintaining a Robust, Relevant Regulatory Framework; Supporting a Skilled and Diverse Workforce The United States has the largest, most sophisticated, and most innovative capital markets in the world. capital markets represent about 40 percent of the global capital market.

Finance 298

Finance Banking Marketability Technology 298

Mckinsey and Company

JANUARY 30, 2025

As more consumers seek tailored online interactions, companies can turn to AI and generative AI to better scale their ability to personalize experiences.

Marketability 142

Marketability 142

NYT M&A

JANUARY 17, 2025

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.

Marketability 141

Marketability Mergers & Acquisitions Technology 141

Harvard Corporate Governance

MARCH 12, 2025

CII is a leading voice for effective corporate governance, strong shareowner rights and sensible financial regulations that foster fair, vibrant capital markets. Our associate members include non-U.S. asset owners with about $4 trillion in assets, and a range of asset managers with approximately $58 trillion in assets under management.

Marketability 231

Marketability 231

Harvard Corporate Governance

JANUARY 22, 2025

Insiders sales and purchases are considered by the market to be important signals about a firms prospects such that those trades are often followed by other market participants.

Data Analysis 113

Data Analysis Corporate Finance Finance Marketability 113

Harvard Corporate Governance

NOVEMBER 28, 2022

But since then, the markets have shifted. The markets in 2022 still have an abundance of capital for both corporate and private equity (PE) to fund deals. As market volatility stifles IPO activity, alternative sources of capital (including from PE) become more appealing. This post is based on their PwC memorandum. Introduction.

Marketability 301

Marketability Equity 301

Harvard Corporate Governance

MARCH 27, 2024

My dad invested because he knew that whatever money he put in the bond or stock markets would likely grow faster than in the bank. My dad had always been an enthusiastic investor. He encouraged me to buy my first stock (the DuPont chemical company) as a teenager. And he was right. I went back and did the math. more…)

Finance 65

Finance Banking Marketability 65

Harvard Corporate Governance

JUNE 16, 2022

Introduction and Market Update. Markets experienced heightened volatility during the quarter, with Russia’s invasion of Ukraine exacerbating already challenging inflation, pandemic, supply chain and oil price considerations, amongst others. Likewise, the S&P 500 hit its lowest level in a year, approaching bear market levels.

Marketability 307

Marketability Technology 307

Harvard Corporate Governance

NOVEMBER 29, 2024

SquareWell Partners (“SquareWell”) conducted an in-depth study of primary listing changes and the dismantling of dual-listed company (“DLC”) structures, examining precedents across global markets. SquareWell concludes with key questions for the market to consider regarding the future of this development. more…)

Marketability 162

Marketability 162

Harvard Corporate Governance

MARCH 8, 2025

3] The Rule is deeply flawed and could inflict significant harm on the capital markets and our economy. Today, I am taking action on The Enhancement and Standardization of Climate-Related Disclosures for Investors rule that was adopted by the Commission on March 6, 2024 (the Rule). [1]

Marketability 214

Marketability 214

Harvard Corporate Governance

APRIL 19, 2023

Six decades ago, Nobel economist Kenneth Arrow wrote a seminal article justifying various “nonmarket social institutions” that shielded health services from normal market conditions. For a discussion of Arrow’s theories and evolving health care markets, see this symposium.

Equity 249

Equity Marketability 249

Harvard Corporate Governance

MAY 25, 2023

Uber grew quickly, taking market share from taxi companies, and forcing some into bankrupt cy. If its business model never added up, how did Uber come to dominate the market for urban transportation? The predator aims to drive them out of the market. Unable to tolerate the losses necessary to compete, the prey exit the market.

Start-ups 260

Start-ups Marketability 260

Harvard Corporate Governance

NOVEMBER 18, 2023

Governor Newsom has signed the Voluntary Carbon Market Disclosures Act, a law intended to combat “greenwashing” by requiring disclosure on net zero, carbon neutrality and emissions reduction claims, as well as voluntary carbon offsets purchased, used, marketed or sold in California. Strine, Jr.

Marketability 46

Marketability 46

Harvard Corporate Governance

SEPTEMBER 28, 2023

In this article, we construct a novel measure for identifying short-squeeze events triggered by sharp price increases, i.e., a market squeeze. This measure is distinct from and complimentary to existing lender squeeze measures, i.e., measures that identify short squeezes based on borrowed shares that are recalled by the lender.

Marketability 229

Marketability Finance Equity 229

Harvard Corporate Governance

SEPTEMBER 16, 2024

and global) markets to match investor demand. ESG market experienced net outflows of over $13 billion , on the heels of a $9 billion outflow in 2023. ESG market experienced net outflows of over $13 billion , on the heels of a $9 billion outflow in 2023. In the first half of 2024, the U.S.

Marketability 254

Marketability 254

Harvard Corporate Governance

AUGUST 13, 2024

Introduction Publicly traded firms face pressure from equity market investors with short investment horizons. This post is based on their recent article published in the Journal of Financial Economics. This forces companies to make decisions that favor immediate gains over long-term value creation. more…)

Finance 277

Finance Equity Marketability 277

Harvard Corporate Governance

APRIL 20, 2022

as in, what is the price that a rational person would be willing to pay for this asset in a competitive asset market. The goal of discounted cash flow (DCF) valuation analysis is to answer the question, “What is this asset worth?” It is a question to which good answers are often needed.

Discounted Cash Flow 307

Discounted Cash Flow Marketability 307

Harvard Corporate Governance

JANUARY 5, 2023

ACTIVISM ACTIVITY SURGES DESPITE MACROECONOMIC UNCERTAINTY AND MARKET VOLATILITY, LEADING TO INCREASED USE OF RIGHTS PLANS. A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System (discussed on the Forum here ) by Leo E. Strine, Jr. . TRENDS IN SHAREHOLDER ACTIVISM.

Marketability 312

Marketability 312

Harvard Corporate Governance

FEBRUARY 4, 2023

In recent years a variety of market disrupting events have underscored the importance of active ownership and the analysis of material environmental, social and governance (ESG) factors in fundamental credit research as well as investment decision-making. This post is based on their Neuberger Berman memorandum.

Marketability 338

Marketability 338