Harvard Corporate Governance

OCTOBER 3, 2023

Corporations are increasingly active in public affairs across a range of critical issues such as racial justice, gender parity, climate change, and more. They provide expertise, coordination, and resources to further political causes that resonate with their values. more…) Bebchuk and Roberto Tallarita.

225

225

Harvard Corporate Governance

JUNE 6, 2022

In comparison to previously hired Fortune 500 General Counsels, those appointed in 2021 are more likely to: Be female and ethnically diverse. Be outsiders who are more seasoned in both their industry and the GC role. Think more proactively about internal executive development and de-risking succession planning. more…).

Compliance 298

Compliance 298

Harvard Corporate Governance

FEBRUARY 1, 2024

While firm disclosures traditionally target investors, consumers may also use these resources to inform their purchase decisions. more…) Public corporate disclosures are a critical communication tool for firms, informing stakeholders about practices and performance.

Marketability 220

Marketability 220

Harvard Corporate Governance

JULY 5, 2022

While all directors can contribute to the board’s success, the board chair has a unique set of responsibilities, both in the tone that they set, and their influence on how time and resources are deployed. more…).

321

321

Harvard Corporate Governance

APRIL 5, 2024

Accordingly, the Final Rules will impose significant burdens in terms of the amount of time, resources and effort necessary for companies and their advisors to comply. more…)

Compliance 152

Compliance 152

Harvard Corporate Governance

DECEMBER 6, 2022

Department of Justice’s Criminal Division — a former corporate chief compliance officer — described his perception of compliance professionals’ environments: “I know the resource challenges. more…). The challenges you have accessing data. The relationship challenges. The silo-ing of your function.”

Compliance 220

Compliance 220

Harvard Corporate Governance

NOVEMBER 9, 2023

we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources. more…) Birnbaum, Ms. Serfoss, Jina Choi , and Justin Kareem Rezkalla.

Marketability 219

Marketability 219

ThomsonReuters

NOVEMBER 29, 2023

Unfortunately, many tax departments are feeling a strain on their resources as a result of these events. This, in turn, puts tax departments at greater risk for even more audits and stiffer penalties. The survey consisted of more than 350 senior tax professionals across different industries. ” Mikulaninecova said.

Compliance 98

Compliance Technology Marketability 98

Trout CPA

MARCH 29, 2024

The ESOP Association stands as the preeminent advocate and educational resource for employee stock ownership plans (ESOPs) across the United States. The Pennsylvania/Delaware Chapter , comprising more than 140 ESOP companies and professional service providers, is a vital component of this network.

Business Valuation 98

Business Valuation 98

Harvard Corporate Governance

NOVEMBER 2, 2022

Higher risk audits require more auditor resources (hours, personnel, specialists, etc.) more…). Audit fees are an indicator of audit complexity and risk. to reduce audit risk to an acceptable level. Analyzing fees by industry, company size, and location can provide insight into the level of risk and.

169

169

Harvard Corporate Governance

MARCH 8, 2023

These records include: Attracting more than 140,000 unique readers a month; Publishing over 850 posts during the year; Having visitors to the Forum coming from 233 countries and territories during the year; and Attracting more than 2.8 more…) million page views.

Marketability 210

Marketability 210

Harvard Corporate Governance

OCTOBER 22, 2022

The recent proxy season was a challenging one for shareholder activists, despite institutional investors and proxy voting advisers backing more dissident nominees. Most of the wins were at smaller companies, while activists had less luck against bigger companies with resources to mount a vigorous defensive. more…).

Marketability 240

Marketability Equity 240

Harvard Corporate Governance

JULY 25, 2023

In general, public companies and those with dedicated ESG resources appear to have a better understanding and implementation of ESG measures. Almost four in ten respondents (38%) have not clearly defined ESG Defining “ESG” remains a challenge for more than one third of companies (more…)

Compliance 200

Compliance 200

Harvard Corporate Governance

OCTOBER 17, 2022

Sarbanes-Oxley essentially requires every large public corporation to dedicate substantial resources to preventing securities fraud. more…). This year marks the twentieth anniversary of the passage of the Sarbanes-Oxley Act of 2002. How did securities fraud become such a significant regulatory concern for public companies?

Marketability 269

Marketability 269

Harvard Corporate Governance

MARCH 9, 2024

In light of Exxon’s outsized legal resources relative to those of the non-profit Follow This and the small socially responsible investor Arjuna ( less than $400 million in assets under management as of March 2023), the action was viewed as akin to a SLAPP suit , potentially freezing corporate democracy with regard to shareholder resolutions.

217

217

Harvard Corporate Governance

NOVEMBER 15, 2023

This information may be a helpful resource for companies evaluating their own disclosure practices regarding ESG metrics in incentives. The implementation of ESG metrics has also shifted over time towards more formalized, weighted inclusion in plans such as discrete weighted goals and modifiers, away from discretionary measurement approaches.

Marketability 169

Marketability 169

Harvard Corporate Governance

JANUARY 2, 2023

Could the board have done more to help prevent the crisis, mitigate the impact, or improve the response? Does management have the resources, skills, and plan to handle a major crisis? more…). What is the crisis response plan—and has it been practiced? How well-prepared is the company?

Compliance 226

Compliance 226

Gross Mendelsohn

JANUARY 9, 2024

A budget provides your organization with a financial roadmap to ensure resources are being allocated effectively, cash flow management, credibility with key stakeholders and much more.

93

93

Appraisers Blog

APRIL 18, 2024

In an ideal lender engagement scenario, the appraiser charges exactly 100% of what the consumer pays for appraisal services, pays no fees to third party companies, reserves business expense write offs in order to have more resources to provide better appraisal work products. Wake me when it’s over.

Appraisal 82

Appraisal Technology 82

Harvard Corporate Governance

JANUARY 8, 2023

This post covers: In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources. more…). An overview of the SEC’s Strategic Plan for the 2022–2026 fiscal years.

Compliance 231

Compliance 231

ThomsonReuters

FEBRUARY 16, 2024

They’re also increasingly sharing companies’ financial data among themselves and want more direct visibility into firms’ business activities by accessing their financial data and reporting processes. This makes data management matter more than ever. Automation and quality control are highly effective measures for reducing this risk.

Technology 96

Technology Compliance Start-ups Finance 96

Gross Mendelsohn

FEBRUARY 6, 2024

These changes were meant to provide financial statement reviewers, such as donors and lenders, with more relevant information about the status of an organization's current and future resources. One key change brought about by this ASU relates to the presentation of a nonprofit’s expenses.

83

83

Appraiser Newsroom

APRIL 28, 2024

CSCP In the quest for sustainable development, the concept of a circular economy has emerged as a beacon of hope, offering a path to reduce waste, conserve resources, and mitigate environmental degradation. This expertise positions them as custodians of valuable resources that might otherwise be relegated to landfills.

Appraisal 52

Appraisal Marketability 52

Mckinsey and Company

JUNE 4, 2023

Africa has the human capital and natural resources to accelerate productivity and reimagine its economic growth, which is, more than ever, vital for the welfare of the world. Africa’s economy downshifted over the last decade, yet half of its people live in countries that have thrived on the continent.

106

106

Harvard Corporate Governance

NOVEMBER 6, 2023

These efforts have brought to the surface an important debate about what is the most effective strategy – should investors divest from fossil companies in order to deprive them of capital and free up resources for clean energy, or should they acquire fossil fuel stocks and use their ownership rights to press for emission cuts? more…)

Marketability 231

Marketability 231

Harvard Corporate Governance

APRIL 10, 2023

The new Pilot Program—as well as announcements relating to additional resource commitments to corporate criminal enforcement—are part of DOJ’s broad initiative to “invigorate” corporate criminal enforcement and empower companies to invest “in compliance, in culture, and in good corporate citizenship.” more…)

Compliance 254

Compliance 254

Harvard Corporate Governance

OCTOBER 10, 2022

With a global network of reporting requirements that encompass a broad spectrum of value chain contributors, it is likely that most companies will find themselves impacted by one or more of the proposed disclosure regimes. more…). This post compares and contrasts key provisions among the three proposals.

360

360

Mckinsey and Company

DECEMBER 22, 2022

Interviews with more than 100 chief human resources officers and people leaders reveal how the HR operating model is changing to drive value in a volatile business environment.

107

107

Harvard Corporate Governance

SEPTEMBER 28, 2022

US regulators clearly expect compliance programs to be empowered with sufficient resources, personnel, stature, and authority within their organizations to be effective, and they are looking to hold chief compliance officers (CCOs), so-called gatekeepers, and individual bad actors accountable for corporate compliance. more…).

Compliance 214

Compliance Technology 214

Harvard Corporate Governance

JULY 20, 2023

The Role of a Proxy Advisor Proxy advisors play an important support role, providing resources and technical, subject-matter expertise to help institutional investors meet their fiduciary responsibility to vote securities on behalf of their participants and beneficiaries in a cost-effective way. 2] (more…)

Marketability 100

Marketability 100

Avanade

DECEMBER 13, 2023

Miranda Hill discusses guiding principles on how to make AI systems more sustainable to accelerate ESG goals and provide scale to organizations with limited resources.

59

59

Harvard Corporate Governance

APRIL 4, 2023

Milton Friedman famously claimed that “there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” more…)

Marketability 242

Marketability 242

M&A Leadership Council

DECEMBER 13, 2023

But if you are responsible for any aspect of IT, there are so many more good reasons for you to be engaged in that decision even before the decision is made. Some good examples of shared licenses are Microsoft Exchange, Oracle or SQL, and there are many more. Of course, there are many good reasons to limit those in the know.

Technology 98

Technology Mergers & Acquisitions Finance 98

Harvard Corporate Governance

AUGUST 24, 2022

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources. more…).

Data Analysis 230

Data Analysis Compliance 230

Harvard Corporate Governance

DECEMBER 20, 2022

However, changes initiated by an external CEO might not necessarily lead to performance improvements, since they may put significant strains on the firm’s managerial resources and organizational systems (Zhang and Rajagopalan, 2010). more…).

214

214

Harvard Corporate Governance

APRIL 1, 2022

The Commission’s 2022 budget request includes additional resources to address “an unprecedented surge in non-traditional IPOs by special purpose acquisition companies.” [1] 1] If we adopt the rule that we are voting on today, we will not need additional resources to deal with Special Purpose Acquisition Companies (“SPACs”).

Corporate Finance 188

Corporate Finance Finance 188

Mckinsey and Company

FEBRUARY 10, 2023

Tools that enable more agile and transparent financial management can help government leaders tie resources directly to mission outcomes, boosting the impact of taxpayer funds.

Finance 86

Finance 86