Harvard Corporate Governance

NOVEMBER 6, 2024

Posted by Lauren H. Cohen (Harvard Business School), David Sunghyo Kim (MIT), and Eric C. So (MIT), on Wednesday, November 6, 2024 Editor's Note: Lauren H. Cohen is the L. E. Simmons Professor of Business Administration at Harvard Business School, David Sunghyo Kim is a PhD student at MIT Sloan School of Management, and Eric C. So is the Sloan Distinguished Professor of Management at the MIT Sloan School of Management.

Equity 144

Equity Marketability 144

Global Finance

NOVEMBER 5, 2024

Global Finance spoke with Yousef Khalawi, secretary general of the AlBaraka Forum for Islamic Economy, about the role of Islamic finance and economics as a holistic and sustainable framework for all economies. Global Finance: Against a backdrop of rising debt, geopolitical and economic instability, how is the role of Islamic finance evolving to address emerging global challenges?

Finance 109

Finance Banking 109

Harvard Corporate Governance

NOVEMBER 2, 2024

Posted by Martha Carter, Kensey Biggs, and Heidi Park, Teneo, on Saturday, November 2, 2024 Editor's Note: Martha Carter is a Vice Chair and Head of Governance Advisory, Kensey Biggs is a Managing Director and Head of U.S. Corporate ESG, and Heidi Park is a Senior Associate at Teneo. This post is based on a Teneo memorandum by Ms. Carter, Ms. Biggs, Ms.

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IVSC

OCTOBER 31, 2024

IVSC to Establish New Regional Office in Riyadh with the Support of Taqeem The International Valuation Standards Council (IVSC) is pleased to announce plans to establish a new regional office in Riyadh, Saudi Arabia, with the kind support of Taqeem, the Saudi Authority for Accredited Valuers. This significant step underscores the growing influence of International Valuation Standards (IVS) across the Middle East and Africa (MEA) region and highlights the continued evolution of the valuation prof

Intangible Assets 130

Intangible Assets Business Valuation 130

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Mckinsey and Company

OCTOBER 31, 2024

Creating effective teams depends on multiple factors, including high levels of trust and communication, and understanding team context. A new approach helps elevate performance and create value.

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Law 360 M&A

NOVEMBER 5, 2024

Attorneys are working tirelessly Tuesday to support citizens and election workers on the final day of voting in what is expected to be one of history's closest and most contentious presidential contests.

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IVSC

OCTOBER 30, 2024

Prudential Valuation for Real Estate EU implementation deadline approaches UK PRA published second near-final policy statement Further to the publication of our statement on “ Prudential Property Value: Our Efforts to Ensure Transparency and Consistency ” in July 2023, following continued discussions and outreach with key stakeholders, IVSC members and stakeholders are advised that from the 1 st January 2025 the requirement to provide a Property Value for secured lending within the EU will be

Banking 130

Banking Appraisal Intangible Assets Marketability 130

Mckinsey and Company

OCTOBER 30, 2024

Daniel Kahneman, the psychologist whose findings helped launch behavioral economics, passed away this March. The encouraging words he shared with me offer good news for organizations.

Corporate Finance 129

Corporate Finance Finance 129

Global Finance

OCTOBER 31, 2024

Boeing faces labor strikes, production issues, and regulatory scrutiny. To offset financial ruin, the company is selling $15 billion of common stock and mandatory convertible bonds. The sale is part of an ongoing initiative to stabilize finances and protect Boeing’s investment-grade credit rating while minimizing shareholder dilution. The financing structure lets the company count bonds as equity, hopefully eschewing concerns about its debt load, a critical factor in maintaining its credit ratin

Finance 111

Finance Equity Marketability Corporate Finance 111

NYT M&A

OCTOBER 31, 2024

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.

Mergers & Acquisitions 122

Mergers & Acquisitions Banking 122

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

IVSC

OCTOBER 30, 2024

IVSC Academic Forum: Connecting Academics in Valuation The IVSC Academic Forum is a new initiative designed to bring together academics globally to shape the future of valuation standards. This forum is open to specialists in valuation and those in complementary fields such as finance, accountancy, and economics. Chaired by Mauro Bini (Bocconi University) and Frank Harrington (Technological University Dublin), the forum provides academics a voice in the evolution of International Valuation Stand

Finance 130

Finance Technology Intangible Assets Business Valuation 130

Mckinsey and Company

OCTOBER 31, 2024

Our October obituaries also include a staunch advocate for older adults, a surgical innovator, and an award-winning photographer who enabled many to see underserved communities through a new lens.

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Global Finance

OCTOBER 31, 2024

The GCC’s Shariah-compliant institutions are growing their assets and expanding their reach, thanks to new strategic partnerships and greater tech investment. Islamic banks based in the Gulf Cooperation Council (GCC) countries continue to expand their reach, taking on Shariah-compliant transactions in new industries and establishing new strategic partnerships.

Banking 105

Banking Finance Technology 105

NYT M&A

NOVEMBER 5, 2024

The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.

Mergers & Acquisitions 100

Mergers & Acquisitions 100

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

Harvard Corporate Governance

NOVEMBER 5, 2024

Posted by Brian Bartlett, and Piotr Pillardy, Kekst CNC, on Tuesday, November 5, 2024 Editor's Note: Brian Bartlett is a Partner and Piotr Pillardy is a Research Principal at Kekst CNC. This post is based on a Kekst memorandum by Mr. Bartlett, Mr. Pillardy, Ellie Taylor, Bay Dotson, Olivia Kim, and Allie Worchell. Tracking Campaign Contributions to Candidates, PACs and Parties As companies navigate evolving public and stakeholder expectations around political and policy engagement, CEOs are at t

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Brian DeChesare

OCTOBER 30, 2024

Corporate finance jobs at normal companies are bad … …if you’re using them to break into a deal-based field, such as investment banking , private equity , or venture capital , or as a “Plan B” if you interview around but do not get into one of these. The main problem is that many people enter corporate finance jobs without truly understanding them. Corporate finance is fine if you’re in it to advance up the ladder over many years/decades while having a reasonable work/life balance.

Corporate Finance 105

Corporate Finance Finance Treasury Banking 105

Mckinsey and Company

OCTOBER 30, 2024

Many small enterprises stood in the path of two recent US hurricanes. How many firms and workers were put at risk, and which sectors could feel the greatest impact?

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Benzinga

NOVEMBER 1, 2024

United States Steel Corporation (NYSE: X ) announced Thursday its third-quarter earnings , reporting a profit of 56 cents per share, exceeding analyst forecasts of 47 cents. The company also generated revenue of $3.85 billion, surpassing expectations of $3.77 billion. The company achieved an adjusted EBITDA of $319 million, demonstrating resilience despite lower selling prices.

EBITDA 98

EBITDA 98

Law 360 M&A

NOVEMBER 5, 2024

A New Jersey federal magistrate judge on Tuesday partly denied CarePoint Health Management's request to delay its antitrust case against RWJBarnabas Health Inc. because of CarePoint's recent bankruptcy filing.

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Harvard Corporate Governance

OCTOBER 30, 2024

Posted by Ben Kingsley, Jen Hitchcock, and Ran Ben-Tzur, Fenwick & West LLP, on Wednesday, October 30, 2024 Editor's Note: Ben Kingsley , Jen Hitchcock , and Ran Ben-Tzu are Partners at Fenwick & West LLP. This post is based on a Fenwick memorandum by Mr. Kingsley, Ms. Hitchcock, Mr. Ben-Tzur, Mike Dicke , Chris Steskal , and Dave Feder. What You Need To Know In September 2024, the United States Department of Justice (DOJ) announced its updated Evaluation of Corporate Compliance Programs

Compliance 150

Compliance Technology 150

Global Finance

OCTOBER 31, 2024

This year’s country winners successfully navigated a period of high interest rates and high inflation. Now they must adjust as central banks turn the tables. The common thread running through this year’s country winners is the resilience they demonstrated during a period of higher interest rates linked to central bank efforts to tame rising inflation.

Banking 98

Banking Finance Marketability Equity 98

Mckinsey and Company

NOVEMBER 4, 2024

Products from private brands are appealing to consumers in new ways. Retailers can follow this well-tested recipe to improve their private-brand offerings and gain market share.

Marketability 103

Marketability 103

Redpath

NOVEMBER 1, 2024

For decades, the construction industry lacked technological advancements for work planning and execution. That’s no longer the case. New digital tools offer a competitive advantage to those companies willing to invest and embrace change.

Technology 94

Technology 94

Appraisers Blog

NOVEMBER 1, 2024

In reply to Xpert. I’m sorry but infact that statement is 100% false. The mortgage company and their selected appraiser whom they picked did infact false and inadequate fha appraisal. Plus lender allowed sellers Real estate agent to select the title company under policy is not allowed do to it being bais. Every complaint we have filed with HUD has never once properly investigated the complaint.

Appraisal 93

Appraisal 93

Harvard Corporate Governance

NOVEMBER 4, 2024

Posted by Paul G. Cellupica and Kevin Ercoline, Investment Company Institute, on Monday, November 4, 2024 Editor's Note: Paul G. Cellupica is a General Counsel and Kevin Ercoline is an Assistant General Counsel at the Investment Company Institute. This post is supplemental to the Investment Company Institute’s comment letter. The New York Stock Exchange’s (NYSE) 1920s-era annual shareholder meeting requirement for listed closed-end funds (CEFs) has left open an end-run around the governance prot

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Global Finance

NOVEMBER 4, 2024

Tesla is setting new standards in renewable financing with its latest solar asset-backed securitization (ABS) deal, earning an unprecedented AAA rating. Fitch Analyst Hebbertt Soares notes that Tesla’s integrated business model, which bypasses traditional sales channels, may establish a blueprint for achieving top-tier credit ratings in a sector often limited by data and regulatory scrutiny.

Finance 85

Finance Marketability Corporate Finance 85

Mckinsey and Company

NOVEMBER 4, 2024

A new operating model can help the global commercial and defense shipbuilding industry address bottlenecks and ramp up production as demand continues to soar.

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Gross Mendelsohn

NOVEMBER 4, 2024

As a result of the Corporate Transparency Act, many businesses are required to report Beneficial Ownership Information (BOI) before the end of the year. Failure to comply with the new requirement could result in significant penalties. Here is an overview of what you need to know when it comes to reporting BOI.

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Law 360 M&A

OCTOBER 31, 2024

The owner of Playboy, PLBY Group Inc., on Thursday announced that it had secured a "significant" equity investment from privately held online entertainment company Byborg Enterprises SA.

Equity 92

Equity 92

Harvard Corporate Governance

NOVEMBER 5, 2024

Posted by James R. Burns, Brant Brown, and Robin M. Bergen, Cleary Gottlieb Steen & Hamilton LLP, on Tuesday, November 5, 2024 Editor's Note: James R. Burns , Brant Brown , and Robin M. Bergen are Partners at Cleary Gottlieb Steen & Hamilton LLP. This post is based on a Cleary Gottlieb memorandum by Mr. Burns, Mr. Brown, Ms. Bergen, Rachel Gerwin , Anna Bintinger , and Ben Rosenblum.

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Global Finance

OCTOBER 30, 2024

Oil-dependent Baku seemed like an odd choice to host COP29. But the economy is betting heavily on developing a renewables sector. Ilham Aliyev, the 62-year-old president of Azerbaijan, should be feeling pretty content. Being chosen to head the COP29 Summit in Baku, attended by over 190 countries, is a big honor. It is also controversial; Azerbaijan is the second petrostate in a row to host COP following Dubai in the United Arab Emirates last year, and the summit president will be Aliyev’s natura

Banking 96

Banking Finance Technology 96

Mckinsey and Company

NOVEMBER 4, 2024

Showing vulnerability can build connections and trust. One place to start: create a ‘to be’ list rather than a ‘to do’ list.

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Appraisers Blog

NOVEMBER 5, 2024

In reply to Charles Haley. I was an in-house review appraiser for a large secondary lender. I witnessed and reported multiple abuses including allowing mortgage brokers access to in-house files houndogging for possible refi, creation of false documents for straw buyers and the list goes on. Perhaps with your reasoning, all mortgage brokers are corrupt and we should do away with them?

Appraisal 72

Appraisal 72

Law 360 M&A

OCTOBER 31, 2024

Three Vinson & Elkins LLP partners have been tapped to open the firm's newest office in Denver, the firm announced Thursday, amid an effort to expand its client base and talent roster in the Mountain West region.

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