Harvard Corporate Governance

JULY 26, 2023

Posted by Keith Ellison, Office of Minnesota Attorney General , on Wednesday, July 26, 2023 Editor's Note: Keith Ellison is the Attorney General of Minnesota. As Attorney General, I serve on the governing board of the Minnesota State Board of Investment, which we call the SBI. This post is based on his testimony. more…)

Marketability 186

Marketability 186

IVSC

APRIL 24, 2024

This process underscores the IVSC’s commitment to a transparent and inclusive standard-setting process, aligning with best practices globally. Their diverse professional backgrounds will significantly enhance our collective efforts to navigate and shape the future of global valuation practices.

Intangible Assets 130

Intangible Assets Business Valuation Appraisal Marketability 130

Harvard Corporate Governance

JULY 19, 2023

This post is based on the testimony of Steven Friedman , General Counsel at Institutional Shareholder Services. My name is Steven Friedman, and I am the General Counsel of ISS. Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

Marketability 189

Marketability 189

Harvard Corporate Governance

OCTOBER 25, 2023

As the article pointed out, the number of companies doing so had reached the point where “private ordering” made those policies and practices the norm. The Erb Institute’s Principles for Corporate Political Responsibility are more general and included lobbying and general company conduct. more…)

Finance 206

Finance 206

Harvard Corporate Governance

APRIL 15, 2023

The Corporate Sustainability Reporting Directive and the proposed directive on Corporate Sustainability Due Diligence revise current obligations and introduce new ones under EU law regarding company disclosure and corporate governance practices.

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152

Harvard Corporate Governance

APRIL 6, 2024

29, 2024)—a decision that came as a surprise to practitioners, and has far-reaching consequences—the Delaware Court of Chancery held that common practices the board of Activision Blizzard, Inc. Activision (Feb. an unlawful taking—essentially, a tort of theft).

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Law 360 M&A

JANUARY 4, 2024

A former BakerHostetler partner who left the firm to serve as general counsel during a rocky time at now-defunct Lordstown Motors Corp. rejoined Thursday as a partner in the firm's business practice group following the electric-vehicle maker filing for bankruptcy last year.

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Harvard Corporate Governance

DECEMBER 5, 2022

Disclosures on cybersecurity practices for the S&P 500 and the remainder of the Russell 3000 are inching forwards in the face of increased expectations to be introduced by the Securities and Exchange Commission (SEC) in early 2023, though not in every instance. Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

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306

Auto Dealer Valuation Insights

MARCH 22, 2024

When we started writing about investment management in 2007, my colleagues and I went looking for materials on practice management and, in general, found nothing.

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52

Harvard Corporate Governance

MAY 10, 2023

Eccles is Visiting Professor of Management Practice at Oxford University Said Business School and Vanessa Havard-Williams is partner and Global Head of Environment & Climate Change at Linklaters LLP. Posted by Robert G. This post is based on their FCA paper. The focus of the DP is “regulated firms” (i.e.,

Finance 252

Finance 252

Harvard Corporate Governance

JULY 12, 2023

Key Takeaways In the past year, environmental, social, and governance (“ESG”) practices have faced heightened scrutiny in the United States from state attorneys general, state and federal legislators, other government officials, and private parties. Strine, Jr. more…)

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186

Harvard Corporate Governance

MAY 3, 2023

Nine decades after Berle and Means proposed a theory of corporate governance, our knowledge of its “best practices” remains woefully incomplete. Organizations are complex entities, and the ability of social scientists to distill their effectiveness to prescriptive best practices is limited. Many studies involve large samples of data.

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189

Appraisers Blog

APRIL 1, 2024

One of the chief (no pun intended) reasons that lenders want to pay half the expected fee is because they (with AI) have figured out that modern appraisal practice is all about the “general” and not the “specific” And, it certainly has nothing to do with “right” or “wrong” – it has everything to (..)

Appraisal 74

Appraisal 74

Harvard Corporate Governance

SEPTEMBER 24, 2023

Our discussion of the New Rules has been separated into five parts: The Restricted Activities prohibit some practices unless certain consent or disclosure obligations are met (walking back many outright prohibitions sought in the rule proposal).

Compliance 206

Compliance 206

Machen McChesney

JANUARY 10, 2024

Companies that work on customer-specific or long-term projects — such as homebuilders, contractors, custom manufacturers, and professional practices — generally track job costs to gauge the profitability of each project. In turn, this helps them bid on future projects.

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71

Harvard Corporate Governance

MARCH 23, 2023

The details of the Policy—which formalizes and defines what will be required for companies seeking credit for a “voluntary self-disclosure”—have been drawn from existing policies within other components of DOJ, including, notably, the Foreign Corrupt Practices Act Unit and Antitrust Division. Polite, Jr.,

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230

Harvard Corporate Governance

MAY 11, 2022

The staff continues to examine whether registered investment advisors and registered funds accurately disclose their ESG investing approaches and adopt and implement policies, procedures and practices that are consistent with ESG-related disclosures. Generally, the Division expects to focus on whether funds are: (more…).

Compliance 235

Compliance Technology 235

Harvard Corporate Governance

APRIL 19, 2023

This obviously challenges a number of the professional and ethical norms that Arrow noted distinguish medical providers from general profit-seeking businesses. The primary goal of financialized health care is profit , while the quality of the patient care is a secondary concern.

Equity 243

Equity Marketability 243

Harvard Corporate Governance

JANUARY 11, 2024

Introduction The reporting of “non-GAAP” (Generally Accepted Accounting Principles) financial metrics is a common practice among companies. The use of adjusted financial results for incentive plan purposes is generally intended to compensate management based on the financial results for which they are being held accountable.

Capital Structure 130

Capital Structure Finance 130

IVSC

APRIL 12, 2024

Yu Weiping highlighted the conference’s role in presenting the latest research and exploring new business areas within the valuation industry, aiming to support global economic development through enhanced appraisal practices.

Intangible Assets 130

Intangible Assets Banking Appraisal Finance 130

Harvard Corporate Governance

MARCH 11, 2024

bank regulation, as currently practiced. While banks are not technically exempt from antitrust enforcement, they are generally seen as inhabiting an alternative regulatory universe that is governed by principles and prioritizes substantive goals different from antitrust’s traditional competition-related concerns.

Banking 124

Banking Treasury Marketability 124

ThomsonReuters

FEBRUARY 28, 2024

Advisory practice as a leap of faith Shaul explains she moved her practice away from a compliance-focused shop because she remembers the pain points from the overwhelming workload during tax season — the feast during tax season and the famine for the rest of the year, she says.

Start-ups 98

Start-ups Accounting Firms Compliance 98

Law 360 M&A

NOVEMBER 17, 2022

Prompted by concerned fans who struggled to get tickets for singer Taylor Swift's upcoming concert tour, Tennessee's attorney general has announced that his office is probing Ticketmaster Entertainment Inc.'s s ticketing practices for any consumer protection and antitrust violations.

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Harvard Corporate Governance

JUNE 26, 2022

The first proposal seeks to create a robust disclosure and reporting framework for funds regarding their ESG investment practices. To effectuate this goal, the proposal would make a number of amendments to the registration and reporting forms utilized by funds in their securities offerings and ongoing periodic reporting.

Marketability 247

Marketability 247

Harvard Corporate Governance

AUGUST 27, 2023

Ho, Mike Delikat, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Sunday, August 27, 2023 Editor's Note: JT Ho and Mike Delikat are Partners, and Bobby Bee is a Practice Support Counsel at Orrick Herrington & Sutcliffe LLP. Posted by J.T.

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189

IVSC

FEBRUARY 14, 2023

The MoU will facilitate the exchange of information and expertise between the two organisations, and will include collaboration in research and development activities, training and capacity building, and the promotion of best practices in the valuation of intellectual property and other intangible assets.

Intangible Assets 246

Intangible Assets Finance Business Valuation 246

Harvard Corporate Governance

AUGUST 7, 2023

Amidst the shifting landscape of environmental and social regulations and stakeholder expectations, we gathered input from governance professionals across the Nasdaq network, including corporate secretaries, general counsels, executives, and board members, to identify leading practices informing their approach to ESG and sustainability.

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188

Harvard Corporate Governance

AUGUST 10, 2023

Eccles (Oxford University), on Thursday, August 10, 2023 Editor's Note: Robert Eccles is Visiting Professor of Management Practice at Oxford University Said Business School. Posted by Robert G. That said, when one goes beneath the level of political theater, I think there is to be found.

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186

Harvard Corporate Governance

MARCH 21, 2024

Despite these theories, findings, and observations having direct implications for the task and monitoring environments faced by CEOs and their boards, empirical evidence on the role of corporate culture homogeneity in facilitating incentive alignment between firms and shareholders is generally lacking. more…)

Banking 205

Banking Equity 205

Harvard Corporate Governance

AUGUST 25, 2022

1] Additionally, they can adopt and implement board refreshment policies and practices that foster an appropriate level of turnover within the current ranks of the board. This post provides insights about board refreshment policies and practices, as well as director evaluations at S&P 500 and Russell 3000 companies.

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130

Harvard Corporate Governance

FEBRUARY 23, 2023

The revisions follow Deputy Attorney General (DAG) Lisa Monaco’s September 2022 memorandum directing all DOJ components to adopt clear policies on certain issues, including a written policy to incentivize voluntary self-disclosure by companies. On January 17, 2023, the U.S. Below, we summarize the key takeaways from the revised policy.

Compliance 220

Compliance 220

Harvard Corporate Governance

MARCH 14, 2023

This critique, which regards ESG as a matter of ideology rather than economics, has also found voice among conservative state treasurers and attorneys general and among certain presidential aspirants who are building anti-“woke” campaigns targeting ESG. more…)

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Harvard Corporate Governance

MAY 17, 2023

Rabin are Partners and Anastasia Kerdock is a Senior Practice Attorney at Akin Gump Strauss Hauer & Feld LLP. Other companies have set multi-year, aspirational goals to increase their workforce diversity generally, or in specific roles [3]. Lander and Richard J. This post is based on a Akin Gump memorandum by Ms.

Equity 177

Equity 177

Law 360 M&A

MAY 23, 2023

A deeper look at how the Tegna-Standard General deal derailed during merger review suggests some practical steps that firms should consider to close transactions when dealing with multiple federal agencies operating under a whole-of-government antitrust enforcement approach, say Jody Boudreault and Katherine Dutcher at Baker Botts.

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75

Harvard Corporate Governance

JUNE 29, 2022

The Working Group on Human Capital Accounting Disclosure respectfully submits this petition pursuant to Rule 192(a) of the Securities Exchange Commission Rules of Practice. We differ in our views about the regulation of firms’ relationships with their employees generally.

Corporate Finance 314

Corporate Finance Banking Finance Marketability 314

Appraisers Blog

MARCH 7, 2024

What has always struck me is why did they change the name from Appraisal Waiver (a meaning which is quite obvious to the general public) to “VALUE ACCEPTANCE”? The public has NO clue how hard they will suffer by these deceptive practices. Great article and very infomative.

Appraisal 62

Appraisal Marketability 62

Peak Business Valuation

SEPTEMBER 26, 2023

Medical practices are businesses that provide assessments and care for individuals with health concerns. IBIS World notes that there are over 140,000 medical practices throughout the United States. These businesses generate over $61 billion dollars in revenue each year. Valuing a medical practice is a complex process.

Discounted Cash Flow 52

Discounted Cash Flow Business Valuation Appraisal Fair Market Value 52