Harvard Corporate Governance

MAY 13, 2022

Posted by Allie Rutherford, PJT Camberview, on Friday, May 13, 2022 Editor's Note: This post is an interview of John Galloway, Principal and Global Head of Investment Stewardship at Vanguard, by Allie Rutherford , Partner at PJT Camberview. Allie Rutherford: You joined Vanguard’s investment stewardship group in early 2020.

Equity 214

Equity Marketability 214

Harvard Corporate Governance

AUGUST 10, 2023

The first step in doing so is to distinguish between values-based and value-based investing. One of the topics at the center of the ESG debate is climate change. That said, when one goes beneath the level of political theater, I think there is to be found.

186

186

IVSC

MAY 2, 2023

This webinar will explore topics such as the impact of inflation, and the potential effects of ongoing geopolitical tensions on global markets. With the unprecedented challenges faced by businesses and economies, there has never been a more important time to stay up-to-date on macroeconomic trends and predictions. BST / 9:00 a.m.–10:00

Banking 246

Banking Marketability 246

Harvard Corporate Governance

FEBRUARY 20, 2024

As cybersecurity risks have become more prevalent and costly, shareholders have put increased expectations on the Board, who is in place to protect the value of their investment. This should not come as a surprise. Here are seven ways cyber disclosures of publicly traded companies should evolve to meet investor expectations: (more…)

Marketability 140

Marketability 140

Harvard Corporate Governance

OCTOBER 4, 2023

Posted by Lindsey Stewart, Morningstar, Inc, on Wednesday, October 4, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. The recent increase included many resolutions on environmental and social (E&S) topics that asset managers rejected as “prescriptive” or “redundant.”

Marketability 147

Marketability 147

Harvard Corporate Governance

APRIL 28, 2023

Loeb Professor of Finance at NYU Stern School of Business; Zhenhao Ta , Pre-Doctoral Fellow at Yale School of Management; and Xiao Xu, Investment Strategist at Vanguard. Over the past decade, environmental, social, and governance (ESG) investing has experienced significant growth. Schanzenbach and Robert H.

Finance 226

Finance Marketability Equity 226

Harvard Corporate Governance

MARCH 14, 2024

Meme stock trading and consolidation in the asset management industry seem like unrelated topics but both can contribute to non-fundamental stock price movement. Specifically, firms increase cash and decrease investment in response to the risk of future misvaluation. Fried, and Paul Ma. Does this matter for firms?

Corporate Finance 124

Corporate Finance Finance Marketability 124

Harvard Corporate Governance

FEBRUARY 29, 2024

Contributing to emerging topical and stewardship issues that BlackRock believes may impact clients’ financial interests as long-term investors. Voting at shareholder meetings on management and shareholder proposals on behalf of clients who have delegated voting authority to BlackRock.

140

140

Harvard Corporate Governance

JULY 12, 2022

Related research from the Program on Corporate Governance includes Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M. Schanzenbach, and Robebrt H.

Marketability 336

Marketability 336

Harvard Corporate Governance

MARCH 16, 2024

In the SEC’s announcement of the new rules, SEC Chair Gary Gensler underscored the objective of enhanced investor protection and articulated a three-prong approach covering disclosure, the use of projections by issuers and issuer obligations.

Compliance 133

Compliance Marketability 133

Harvard Corporate Governance

JUNE 29, 2022

The SEC’s billion-dollar case against a prominent investment adviser. On May 23, 2022, the SEC charged a registered investment adviser with misrepresenting its approach to ESG-related investments. 22nd Century Group, Inc. ; SEC Brings ESG Enforcement Action and Proposes New ESG Rules. The adviser agreed to a $1.5

Compliance 222

Compliance Marketability 222

Harvard Corporate Governance

MAY 17, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, May 17, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of May 10-16, 2024 Fee Variation in Private Equity Posted by Juliane Begenau (Stanford University), and Emil Siriwardane (Harvard Business School), on Friday, May (..)

Compliance 100

Compliance Banking Equity Marketability 100

BVR

MARCH 28, 2022

—now includes analyzing such concepts as invested capital premiums and equity-based premiums, transaction synergies and strategic values, marketability, and levels of control.

Equity 187

Equity Marketability Business Valuation 187

Harvard Corporate Governance

MAY 26, 2022

Today [May 25, 2022], the Commission is considering a proposal to improve disclosures by certain investment advisers and funds that purport to take Environmental, Social, and Governance (ESG) factors into consideration when making investing decisions. sustainable investment universe” has grown to $17.1 What does “fat-free” mean?

Marketability 214

Marketability 214

IVSC

MARCH 28, 2024

Alexander Aronsohn FRICS is a chartered surveyor with long and wide ranging experience encompassing residential asset management, commercial and residential development, rating, national and international valuation and investment. Alexander joined the IVSC as Director of Technical Standards (Tangible Assets) in 2019.

Marketability 264

Marketability Business Valuation 264

Harvard Corporate Governance

APRIL 21, 2023

We reconvened in 2022 to research a topic of increasing importance: board oversight of human capital management, with a specific focus on employee voice. We define “employee voice” as the perspectives, interests, and needs of the workforce.

Equity 313

Equity Marketability 313

Harvard Corporate Governance

OCTOBER 18, 2022

ESG has become a lively topic that has moved beyond strictly financial circles. Several states are making headlines for their push against ESG investing, while other states are proactive in their ESG investments. I’d like to share with you a snapshot of what’s happening in the U.S. more…).

Marketability 188

Marketability 188

Harvard Corporate Governance

SEPTEMBER 12, 2023

on Tuesday, September 12, 2023 Editor's Note: John Galloway is Global Head of Investment Stewardship at Vanguard, Inc. This post is based on a publication by Vanguard Investment Stewardship. Vanguard’s Investment Stewardship team conducts proxy voting and engagement on behalf of the Vanguard-advised funds.

Equity 162

Equity 162

Harvard Corporate Governance

NOVEMBER 22, 2022

Each year, SquareWell Partners (“SquareWell”) publishes a study – The Playing Field – reviewing how 50 of the world’s largest asset managers (“Top 50”) are factoring governance and sustainability considerations within their investment decision-making processes and their approach to stewarding portfolio companies.

Marketability 189

Marketability 189

Harvard Corporate Governance

AUGUST 19, 2022

Understandably, many companies have been preoccupied with the major economic disruption in the market and may not have invested the time or leveraged the expertise of their board members to focus on effective CEO succession planning. Thirty-nine percent say they have zero internal candidates. more…).

Marketability 203

Marketability 203

Harvard Corporate Governance

FEBRUARY 27, 2023

Posted by Lindsey Stewart, Morningstar, Inc, on Monday, February 27, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. Executive Summary The last year has seen the debate over sustainable investing come to a head. This post is based on his Morningstar memorandum.

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211

IVSC

APRIL 26, 2024

This year’s series includes five engaging sessions where international experts share their insights on a range of valuation-themed topics. Join us to explore key trends and the latest developments in the world of valuation.

Banking 130

Banking Finance Risk-free Rate Technology 130

Harvard Corporate Governance

JANUARY 30, 2024

This topic can invoke strong and diverse opinions, and debates regarding what ESG should or should not cover, or indeed, whether or not “ESG” itself is consistent with long-term investor interests and the board’s fiduciary duties, proliferated. .; and Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ) by Lucian A.

222

222

Harvard Corporate Governance

MAY 18, 2022

The topic gets me thinking about grocery stores. When instead we seek advice from an investment professional, that expectation changes. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of the Commission or SEC staff. Today, you’ve asked me to talk about investor protection in a digital age.

Technology 189

Technology 189

Harvard Corporate Governance

APRIL 13, 2023

The Deloitte Global Boardroom Program analyzed voting policies of 101 large investors to highlight investor concerns for the 2022 AGM season on a selection of headline topics (see sidebar): environmental, social and governance (ESG), diversity, equity and inclusion (DEI), board composition and board independence, and executive pay.

Equity 182

Equity Marketability 182

Harvard Corporate Governance

MARCH 25, 2023

2023 is poised to be the most unique, and, quite frankly, weirdest year for shareholder proposals we have ever seen: (anti) ESG’s Impact: Companies are no longer just being pressed for more disclosure and action on ESG topics. This year will be unlike any other.

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267

IVSC

JANUARY 24, 2024

IVSC use a number of means to understand what changes are necessary in the standards, which include, but are not limited to: Agenda Consultation; This includes key topics to be considered by the all the boards and specific topics suggested by the Technical Boards.

Intangible Assets 279

Intangible Assets Compliance Marketability Banking 279

Harvard Corporate Governance

MAY 8, 2023

State Street Global Advisors’ Proxy Voting and Engagement Guidelines for North America (United States [“US”] and Canada) address our market-specific approaches to topics including directors and boards, accounting and audit related issues, capital structure, reorganization and mergers, compensation, and other governance-related issues.

Capital Structure 246

Capital Structure Compliance Marketability 246

Harvard Corporate Governance

MAY 17, 2023

This topic is so essential for the safety and resiliency of our capital markets. Consistent with our congressional mandates, one of our key aims is to protect the investing public against potentially significant financial and reputational costs from cyberattacks and data breaches. May 16, 2023 Good morning. Thank you, Bob [Zukis].

Marketability 214

Marketability Technology 214

Benzinga

MAY 7, 2022

News of Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk acquiring social media platform Twitter Inc (NYSE: TWTR ) has been one of the biggest topics of the investing world in 2022. Benzinga spoke recently with Julian Klymochko , CEO and Chief Investment Officer of Accelerate , a company offering ETFs and alternative investments.

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97

Brian DeChesare

MAY 8, 2024

In case you’ve been offline for the past few days, it has happened yet again: An investment banker has died on the job. Tragedies like this show that the culture in investment banking hasn’t changed that much, despite banks’ claims that they are “trying” to improve things. Bill Ackman also donated.

Banking 110

Banking Start-ups Finance Equity 110

Harvard Corporate Governance

DECEMBER 2, 2022

The nature of shareholder activism, the key players, their preferred methods, and their typical targets all tend to shift along with investment and business trends. They are influenced by market pressures, stores of capital, and hot topics in governance.

Marketability 324

Marketability 324

IVSC

MARCH 28, 2024

Alexander Aronsohn FRICS is a chartered surveyor with long and wide ranging experience encompassing residential asset management, commercial and residential development, rating, national and international valuation and investment. Alexander joined the IVSC as Director of Technical Standards (Tangible Assets) in 2019.

Marketability 130

Marketability Business Valuation 130

Harvard Corporate Governance

DECEMBER 1, 2022

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. Cyber and data security is a hot topic across sectors. This post is based on her AllianceBernstein memorandum.

221

221

Harvard Corporate Governance

AUGUST 11, 2023

Larcker (Stanford University) , on Monday, August 7, 2023 Tags: CEO Pay , equity awards , Executive Compensation , pay versus performance , Proxy advisory , shareholder engagement How Governance Professionals Are Guiding Corporate Disclosure on E&S Topics Posted by Sarah Crowe and Charles Neidenbach, Nasdaq, Inc.,

Marketability 189

Marketability Compliance Equity 189

IVSC

APRIL 29, 2022

Join participants from around the world and hear from leading international experts on topics including the global economic outlook, the impact of inflation on valuation and the cost of capital, and the growing influence of digital assets in the investment world. Jennifer Simon Canada Managing Director (Valuation), CPP Investments.

Intangible Assets 246

Intangible Assets Finance Enterprise Value Corporate Finance 246

Audit Board

SEPTEMBER 6, 2023

Board reports are typically a mix of emerging topics, relevant trends, and the failure/implication of KPIs. Emerging topics The goal of this portion of your report is to provide sufficient context — the “Why” — for any investment you are receiving or asking for. These are broken down in more detail below.

Compliance 52

Compliance Technology Marketability 52