Sat.Nov 26, 2022 - Fri.Dec 02, 2022

Trends in E&S Proposals in the 2022 Proxy Season

Harvard Corporate Governance

Posted by Daniel Litowitz, and Lara Aryani, Shearman & Sterling LLP, on Monday, November 28, 2022 Editor's Note: Daniel Litowitz and Lara Aryani are Partners at Shearman & Sterling LLP. This post is based on a Shearman & Sterling piece by Mr. Litowitz, Ms.

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Perspectives Paper: Automated Valuation Models and Residential Valuations

IVSC

In October 2020 the IVSC issued its Agenda Consultation 2020 which highlighted Automatic Valuation Models (“AVMs”) as a key topic to be considered by the IVSC over the next few years.

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An Adventure in Acquisition Entrepreneurship

Viking Mergers

I recently had the pleasure of sitting down with Ken Massey, owner of Autumnwood Designs , to discuss his experience as a business owner. In 2021, Ken ventured into the world of “acquisition entrepreneurship” – and joined the ranks of a growing number of success stories.

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Increase to the solar investment tax credit

Henry Horne

With the recent passing of the Inflation Reduction Act in August, the Solar Investment Tax Credit saw some changes. For 2021 the Solar Tax Credit allowed a dollar-for-dollar tax offset with no limit for 26% of the cost to install solar on your property.

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Linking Executive Compensation to ESG Performance

Harvard Corporate Governance

Posted by Merel Spierings, The Conference Board, Inc., on Sunday, November 27, 2022 Editor's Note: Merel Spierings is a Researcher for the ESG Center at The Conference Board.

Professional Insights: Stephanie Sparvero – Bloomberg

IVSC

Stephanie Sparvero Global Head of Evaluated Pricing (BVAL) Stephanie Sparvero is the Global Head of Bloomberg’s Evaluated Pricing Service – BVAL.

Binance re-enters Japanese crypto market with Sakura Exchange acquisition

Financial Times M&A

Purchase comes in wake of heightened scrutiny on sector after collapse of FTX

More Trending

The corporate director’s guide to overseeing deals

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, Colin Wittmer, PricewaterhouseCoopers LLP, on Monday, November 28, 2022 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Colin Wittmer is Deals Leader at PricewaterhouseCoopers LLP.

Three Ways to Navigate the Complexities of Advising Family Businesses

Biz Equity

Advisors serving family businesses face specific challenges and are presented with equally distinct opportunities created by the unique dynamics of these relationships

Bahrain’s Investcorp buys US private credit manager for $200mn

Financial Times M&A

Middle Eastern investors flush with cash push into sector in search for yield

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Private Equity Exit Opportunities: How to Check Out of Hotel California

Brian DeChesare

Your first thoughts reading this article might be, “Wait a minute, why are ‘private equity exit opportunities’ a topic? Who would ever leave this industry? And what could be better?”. Good questions. But despite the hype, people do leave private equity all the time, whether it’s voluntary or forced.

The Unicorn Puzzle

Harvard Corporate Governance

Posted by Rüdiger Fahlenbrach (Ecole Polytechnique Fédérale de Lausanne), on Monday, November 28, 2022 Editor's Note: Rüdiger Fahlenbrach is Swiss Finance Institute professor at Ecole Polytechnique Fédérale de Lausanne (EPFL) College of Management. This post is based on a recent paper by Professor Fahlenbrach, Professor René M. Stulz , Daria Davydova , and Leandro Sanz. Unicorns are private companies with pro forma valuations of at least $1 billion.

How personalization at scale can invigorate Asian insurers

McKinsey Public & Social Sector Insights

The surge in digital consumer interactions is making possible a new era of gathering, analyzing, and responding to individual customer data strategically and with precision. Insights on Financial Services Insurance Asia-Pacific Digital strategy and organization Analytics

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How to Manage a Payroll Schedule

Machen McChesney

Learn how to create an effective payroll budget to avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year.

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New US government guidance on cyber risk

Norman Marks

I was surprised and pleased, surprised and flattered, and then disappointed by a new publication by NIST (the US Department of Commerce’s National Institute of Standards and Technology). NIST published NISTIR 8286D, Using Business Impact Analysis to Inform Risk Prioritization and Response this month. I have been saying that in order to understand how a […]. Risk audit ERM governance GRC IIA risk

The Director’s Guide to Shareholder Activism

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Friday, December 2, 2022 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

What is net zero?

McKinsey Public & Social Sector Insights

Net zero is an ideal state where the amount of greenhouse gases (GHGs) released into the earth’s atmosphere is balanced by the amount of GHGs removed. Decarbonization efforts are needed to reach net zero. McKinsey Explainers Climate change

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Let’s Stop Treating Crypto as If It Were Finance

Reynolds Holding

Members of Congress and financial regulators from the Federal Reserve, U.S.

Nestlé acknowledges acquisition missteps

Financial Times M&A

Swiss group to spin out meal kit business and announces review of peanut allergy treatment

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The Attack on Share Buybacks

Harvard Corporate Governance

Posted by Harry DeAngelo (University of Southern California), on Tuesday, November 29, 2022 Editor's Note: Harry DeAngelo is Professor Emeritus of Finance and Business Economics & Kenneth King Stonier Chair in Business Administration at the University of Southern California Marshall School of Business. This post is based on his recent paper. Related research from the Program on Corporate Governance includes Short-Termism and Capital Flows by Jesse M. Fried and Charles C.Y.

Higher Ground Education Announces the Acquisition of NeighborSchools

Business Wire M&A

LAKE FOREST, Calif.--(BUSINESS BUSINESS WIRE)--Higher Ground Education, Inc.,

Fraud on the Crypto Market

Reynolds Holding

Investors now routinely turn to crypto asset trading for portfolio appreciation and diversification, but significant investor protection concerns loom. Between 2017 and 2019, thousands of crypto assets were offered to the public and others through initial coin offerings.

Tech start-ups shun Singapore and Hong Kong for US Spacs

Financial Times M&A

Blank-cheque companies in Asian financial hubs show little results

Understanding the Role of ESG and Stakeholder Governance Within the Framework of Fiduciary Duties

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Tuesday, November 29, 2022 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton, Adam O. Emmerich , Kevin S. Schwartz , Sabastian V. Niles and Anna M. D’Ginto.

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How will the space economy change the world?

McKinsey Public & Social Sector Insights

Space is no longer the sole domain of governments and aerospace and defense companies. Businesses that pursue emerging opportunities now may gain a first-mover advantage. Aerospace & Defense Insights Aerospace High Tech & Internet Telecommunications

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2022 Year-End Reminders Regarding Common Fringe Benefits

Trout CPA

As 2022 draws to a close, employers should review whether they have correctly included the value of common fringe benefits in their employees’ and (if applicable) 2% S corporation shareholders’ taxable wages.

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Qatari owners of Paris Saint-Germain target valuation over €4bn

Financial Times M&A

Figure discussed in talks with potential investors over stake sale would set new benchmark for a football club

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ESG Ratings: Considerations in Advance of Proxy Season

Harvard Corporate Governance

Posted by Michael Mencher, and Vince Flynn, Cooley LLP, on Thursday, December 1, 2022 Editor's Note: Michael Mencher is Special Counsel and Vince Flynn is an Associate at Cooley LLP. This post is based on their Cooley memorandum. As companies prepare for the 2023 proxy season, their ESG performance, as evaluated and rated by various third-party ratings providers, is a key focus.

Seven Steps for a Trustee to Review an ESOP Business Valuation / Appraisal

Gergory Caruso

One of the most important roles the Employee Stock Ownership Plan (ESOP) Trustee has is to determine the stock price for the ESOP plan at the time of the initial transaction and then again each year. This is a fiduciary decision that must be made with care and diligence.

Tech startups other than fintech that deserve the spotlight

Vested

When tech startups make headlines, we often hear about one specific type: fintech. startups Launch

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SBF explains FTX’s missing money

Financial Times M&A

Plus, Wall Street gets in on the day-trading game and Nestlé fesses up to some past M&A mistakes

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Cybersecurity for Investors: Why Digital Defenses Require Good Governance

Harvard Corporate Governance

Posted by Diana Lee, AllianceBernstein, on Thursday, December 1, 2022 Editor's Note: Diana Lee is Director of Corporate Governance and an ESG Analyst for Responsible Investment team at AllianceBernstein. This post is based on her AllianceBernstein memorandum.

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NowRx’s Pharmacy Patient Business Acquired by Alto Pharmacy

Business Wire M&A

MOUNTAIN VIEW, Calif.--(BUSINESS BUSINESS WIRE)-- #CFO--NowRx, a tech-powered pharmacy that provides same-day prescription delivery and telehealth services, today announced that Alto Pharmacy has agreed to acquire NowRx’s patient files in California. Terms of the transaction were not disclosed.

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How to Manage a Hybrid Team

Rhythm Systems Growth

I get asked this question lately "How hard should I push employees to return to the office?" "Is Is this work-from-home thing going to last? Do I need to get used to it?". Strategies for Growth Go the Second Mile Recruiting Employees

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Forward Thinking on the meeting point of science and humanity with Jayshree Seth

McKinsey Public & Social Sector Insights

Persuaded by her parents to study science and engineering, Jayshree Seth retained her humanities mindset while becoming the first chief science advocate at the 3M company. Insights on People and Organizational Performance Leadership Human resources

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Weekly Roundup: November 25-December 1, 2022

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, December 2, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of November 25-December 1, 2022. Lessons from the Chancery Court Decision in P3 Health Group. Posted by Gail Weinstein, Steven J. Steinman, Brian T. Mangino, Fried, Frank, Harris, Shriver & Jacobson LLP, on Friday, November 25, 2022.

Equity 101

CoStar Group Integrates Homesnap Operations With Homes.Com

Business Wire M&A

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – today announced the next steps in its integration of Homes.com and Homesnap.