Harvard Corporate Governance

OCTOBER 24, 2024

It presents risks to cybersecurity, as well. I’ll also touch on public policy challenges AI presents to cybersecurity and how governments and regulators are responding. Generative AI models, which create new data in response to queries, can hallucinate or make up content. Global cooperation remains essential. more…)

Technology 249

Technology Marketability 249

Harvard Corporate Governance

FEBRUARY 11, 2023

In this lecture, after summarizing the “Delaware way,” I present my research on shareholder typologies, then canvas core topics in corporate governance today along with current debates about corporate purpose.

347

347

Harvard Corporate Governance

MAY 4, 2024

This Board Practices Quarterly presents findings from a survey of members of the Society for Corporate Governance on the board’s leadership structure, independence, and involvement in a number of business matters, including activities related to corporate strategy, human capital, risk and risk management, and operations.

287

287

Harvard Corporate Governance

FEBRUARY 4, 2023

While these ESG issues present varying challenges and complexities, both transparency and accountability are key determinants of the success of our engagements with corporate credit issuers. We engaged on key ESG issues such as climate change, community relations and human capital management.

Marketability 338

Marketability 338

Harvard Corporate Governance

MAY 17, 2022

As we sit squarely in the middle of proxy season, we have a useful vantage point from which to consider already announced shareholder proposals and anxiously await investor feedback on those matters presented for shareholder votes.

Equity 228

Equity 228

Harvard Corporate Governance

JUNE 17, 2022

These issues also present themselves to fixed income investors who identify a lack of standardisation across ESG bond ratings as the top barrier. Difficulties with the quality and accessibility of data and inconsistent ratings are hampering the ability of investors to adopt, incorporate and implement ESG.

Alpha 358

Alpha 358

BVR

JULY 29, 2022

As the 2022 AAML/BVR National Divorce Conference gets closer and our speakers rev up to present their amazing slate of topics, we thought we’d share a few more of the upcoming topics of discussion to whet your appetite for the can’t-miss event.

188

188

Harvard Corporate Governance

OCTOBER 17, 2022

My book, The Valuation Treadmill: How Securities Fraud Threatens the Integrity of Public Companies , traces the history of securities fraud regulation from the 1960s to the present to better understand the problem of public company securities fraud.

Marketability 269

Marketability 269

Harvard Corporate Governance

JANUARY 23, 2023

For chief executives and boards, the disconnect with investors presents a dilemma: can their company perform well for investors and pursue a clear ESG strategy at the same time? And roughly half of that group were especially unyielding and would not accept any decline in returns at all.

Technology 358

Technology 358

Harvard Corporate Governance

JANUARY 4, 2023

At the same time, sustainability also presents an enormous opportunity for value creation to those that develop more sustainable products or solutions.

329

329

Harvard Corporate Governance

MAY 6, 2023

The research presented here is US-centric and should be viewed with an awareness of regional nuance. Based on our engagement with investment management companies and former DEI executives across many sectors, we’ve mapped out key criteria that investors should look for when evaluating a company’s DEI program. more…)

Equity 242

Equity Marketability 242

Harvard Corporate Governance

NOVEMBER 28, 2022

Navigating this rapidly-evolving market presents a challenge for any business leader. Whether a company needs to transform its capabilities, supply chains, or go-to-market approach, the market is impatient and one of the fastest ways to accelerate transformation is through M&A.

Marketability 298

Marketability Equity 298

Harvard Corporate Governance

MAY 8, 2022

The defendant also failed to present sufficient evidence of past discrimination, the court said. Instead, the law applied across all industries in California.

238

238

Harvard Corporate Governance

OCTOBER 25, 2023

Disney’s board daunting problems show how the combination of technology disruption, growing competition in business models and platforms, activist pressure, geopolitical risks, and the CEO succession process present a formidable challenge for the most competent boards.

Compliance 310

Compliance Technology Equity Marketability 310

Harvard Corporate Governance

NOVEMBER 24, 2023

The analysis is based on recently filed proxy statements and complemented by the review of organizational documents (including articles of incorporation, bylaws, corporate governance principles, board committee charters, and other corporate policies made available in the Investor Relations section of companies’ websites).

Equity 324

Equity 324

Harvard Corporate Governance

JANUARY 23, 2023

The uncertainty and downsides that will be characterizing the forecasts that managements present to boards at the outset of 2023 will be fueling this tension between the approaches of boards and the approaches of institutional shareholders to sales of companies in 2023.

256

256

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. In this post, we look at whether the pandemic prompted lasting changes to key board meeting practices and processes.

274

274

IVSC

MARCH 28, 2024

The report will provide insights on the present stage of ESG in valuations and what valuers are presently seeing in their markets. The survey will run between the 28 th March 2024 and the 31 st May 2024. Once the survey has been completed, the IVSC will compile the results and publish a report.

Marketability 264

Marketability Business Valuation 264

Harvard Corporate Governance

JULY 10, 2022

The first quarter of 2022 presented a challenging communications terrain for business leaders as the Russian invasion of Ukraine shook markets, shattered supply chains and shocked the world. Strine, Jr.

Marketability 284

Marketability 284

Harvard Corporate Governance

JUNE 12, 2022

The court held that the state failed to present sufficient evidence to meet any of the three prongs of the strict scrutiny test. The court first rejected the state’s argument that eliminating and remedying discrimination in director selection was a compelling government interest.

Equity 242

Equity 242

Harvard Corporate Governance

MAY 16, 2023

This “meme surge” phenomenon, particularly the dramatic shift in shareholder base away from institutional ownership, presents a unique opportunity for analysts and scholars to (re)evaluate the current understanding of corporate finance and governance.

Corporate Finance 263

Corporate Finance Finance Technology Marketability 263

Harvard Corporate Governance

DECEMBER 14, 2022

This post is based on their new report presented at the COP27. Our “Roadmap for Inclusive Green Finance Implementation ” presents a series of recommendations for financial regulators to promote inclusive sustainable growth by financial regulation. Arner is Kerry Holdings Professor of Law at the University of Hong Kong.

Finance 183

Finance Banking 183

Mckinsey and Company

NOVEMBER 12, 2024

Business leaders must go beyond mitigating geopolitical risks to seizing the opportunities presented by the new world order. Here’s how.

137

137

Harvard Corporate Governance

AUGUST 14, 2022

Assess the Opportunity.

Private Equity Firm 254

Private Equity Firm Compliance Equity Marketability 254

IVSC

JULY 1, 2022

With the information that is presently available, is it possible in most situations to accurately quantify and measure Social Value? Do you consider that the current discussions on ESG adequately addresses Social Value concepts in both a for-profit and not-for-profit world? If not, what would give this discussion more prominence and stimulus?

235

235

Harvard Corporate Governance

JUNE 16, 2022

This post will present findings from our Activism Vulnerability Screener for the first quarter of 2022 and discuss other notable trends in the world of shareholder activism and engagement. A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System by Leo E. Strine, Jr. discussed on the Forum here ).

Marketability 305

Marketability Technology 305

Harvard Corporate Governance

JANUARY 3, 2023

Rule 14a-8 under the Securities Exchange Act of 1934, as amended (“Rule 14a-8”), provides shareholders an avenue to present environmental, social and governance proposals within a company’s proxy statement and on the company’s proxy card for consideration at the company’s annual meeting. Background.

252

252

Harvard Corporate Governance

NOVEMBER 3, 2022

Thank you, Chair Gensler, and thanks to the staff for the presentation. In September 2021, the Commission proposed so-called “enhanced reporting” for proxy votes by requiring funds to present voting matters in a particular order and categorize them into 17 different categories.

189

189

Harvard Corporate Governance

AUGUST 6, 2022

This post presents findings from a May 2022 survey of Society for Corporate Governance members representing nearly 180 public companies. frequency or length). The intent of the survey was to understand current board committee structure, composition, and related practices, and how some of these practices have evolved over the past year.

296

296

Harvard Corporate Governance

JANUARY 26, 2023

Davis is a Senior Fellow at the Harvard Law School Program on Corporate Governance and Chair of the Best Practice Principles Oversight Committee (OC) 2020-2022; and Konstantinos Sergakis is a Professor of Capital Markets Law and Corporate Governance, University of Glasgow, and Chair of the OC 2023-Present.

Marketability 258

Marketability 258

Harvard Corporate Governance

NOVEMBER 20, 2022

To help answer these questions, this report presents the data and insights of the 2022 TSBR, a survey of the world’s largest 100 publicly listed companies to determine board ESG preparedness and director ESG engagement; and Egon Zehnder’s research on the role of boards in defining and driving sustainability agendas in companies.

343

343

Mckinsey and Company

JUNE 5, 2024

The technology could accelerate growth, but presents new challenges, including shifts in value pools, user segments, and competitive dynamics that could spur a realignment of product categories.

Technology 134

Technology 134

IVSC

FEBRUARY 14, 2022

The report will provide insights on the present stage of ESG in valuation, for businesses and investors, and what valuers are presently seeing in their markets. Once the survey has been completed, the IVSC will compile the results and publish a report. The IVSC will share details of the findings with you when you complete the survey.

Business Valuation 246

Business Valuation Marketability 246

Harvard Corporate Governance

OCTOBER 29, 2023

The FDIC board approved issuing the Proposed Standards by a 3-2 vote with Vice Chairman Travis Hill and Director Jonathan McKernan issuing dissents sharply critical of the proposals. [3]

Banking 242

Banking 242

Harvard Corporate Governance

NOVEMBER 21, 2022

A case presently before the Delaware Court of Chancery challenging a corporation’s advance notice bylaw amendments, initiated by activist investor Politan Capital Management LP in October 2022, [1] brings to mind the storied Icarus. This post is based on a Sidley piece by Mr. Liekefett, Mr. Zaba, Mr. Wood, and Beth E.

254

254

Harvard Corporate Governance

JUNE 26, 2024

The majority of the alleged misrepresentations about Joonko’s technology platform were made in presentations and marketing materials provided to private equity and venture capital firms, as well as to individuals, for the purpose of raising private capital. more…)

Marketability 202

Marketability Technology Equity 202

Harvard Corporate Governance

MAY 16, 2023

This post presents a historical view on the relationship between S&P 500 SOP pass and fail rates and related TSR performance during the SOP era and, using history to forecast the future, provides an early potential 2023 SOP season forecast within in the context of negative shareholder returns experienced in 2022 by most of the S&P 500.

Total Shareholder Return 227

Total Shareholder Return Marketability 227