Harvard Corporate Governance

OCTOBER 25, 2023

He was nominated for that job in February 2020 to replace Bob Iger -Disney CEO between 2005 and 2020-, after several board attempts in previous years to speed up Iger’s succession. The board brought back Iger as Disney CEO to replace Chapek in November 2020.

Compliance 312

Compliance Technology Equity Marketability 312

Harvard Corporate Governance

FEBRUARY 21, 2024

The Grant began vesting in 2020; as of June 30, 2022, the Grant was nearly fully vested, with all market cap and adjusted EBITDA milestones achieved, and three revenue milestones achieved, with one more deemed probable of achievement. [6]

Equity 229

Equity EBITDA Market Capitalization Marketability 229

Harvard Corporate Governance

JUNE 13, 2022

Almost a fifth of companies in the Russell 1000 Index report all three ESG governance data points we measure in 2022—up from around a tenth in 2020. Board Oversight of ESG from 2020-2022: Unpacking the Rise in Disclosure. more…).

Equity 317

Equity 317

Harvard Corporate Governance

JULY 22, 2022

The number dropped to 64% in 2020 and is expected to fall to about 53% as the next generation reaches adulthood ( Display ). The global workplace identity is steadily changing—across age, gender, sexual orientation and especially race. Forward-looking companies are embracing these demographic changes.

Equity 173

Equity 173

Brian DeChesare

MAY 15, 2024

Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. What Does the Private Equity Value Creation Team Do in Real Life? Why is PE Value Creation Suddenly “Hot”?

Equity 105

Equity Private Equity Firm Start-ups EBITDA 105

Benzinga

NOVEMBER 21, 2022

.* The move will add SeedInvest’s community of 700,000 prospective investors to StartEngine’s 1 million and could make the combined platform the dominant player in the equity crowdfunding space. A prime example: NowRX raised over $20 million on SeedInvest in 2020 alone. Full story available on Benzinga.com.

Equity 98

Equity 98

Appraisers Blog

JUNE 17, 2022

5, 2020, focusing on 'fair housing and the…. The post Only Blacks Need Apply… In the Spirit of Equity appeared on Appraisers Blogs. .…. Another 'Pile on Appraisers' Diatribe? The National Association of Realtors held their "Virtual Appraisal Summit" on Aug.

Equity 19

Equity Appraisal Finance 19

Harvard Corporate Governance

NOVEMBER 27, 2022

The vast majority of S&P 500 companies are now tying executive compensation to some form of ESG performance— growing from 66 percent in 2020 to 73 percent in 2021. Companies are embracing different approaches to factoring ESG into executive pay and are continuing to refine their ESG measures as they expand their reach.

Compliance 351

Compliance Finance Equity Marketability 351

Harvard Corporate Governance

OCTOBER 19, 2022

Accordingly, the charters of companies with dual-class structures often provide that any “transfer” (broadly defined) by the original high-vote stockholders will result in automatic conversion of the transferred shares into the company’s ordinary, low-vote shares. [1]

Equity 259

Equity Capital Structure 259

Harvard Corporate Governance

JULY 17, 2023

As highlighted in our survey, over the past few years, private company boards have made strides in improving their effectiveness in a number of areas, including overseeing strategy and agenda setting (two areas that nearly three quarters of directors in our 2020 survey cited as being most in need of improvement).

Equity 235

Equity 235

Accountancy Today

SEPTEMBER 25, 2023

FRP Corporate Finance has advised Harwood Private Equity on its sale of the Vegner Group, one of the UK’s leading property services businesses, to international property management group Odevo. The business, which has 20 offices across the UK and employs around 475 people, has been backed by Harwood Private Equity since 2020.

Corporate Finance 98

Corporate Finance Finance Equity Marketability 98

Harvard Corporate Governance

NOVEMBER 2, 2022

Private debt funds raise capital commitments through closed-end funds (like private equity) and make senior loans (like banks) directly to, mostly, middle-market firms (i.e. firms with annual revenue between $10 million and $1 billion). Despite its explosive growth, the private debt market remains relatively understudied. more…).

Banking 220

Banking Equity Marketability Finance 220

Harvard Corporate Governance

MARCH 24, 2022

After a slow 2019 and a pandemic-battered 2020, new issues came roaring back last year—3,021 listings (inc. That was a major increase from 2020, itself a record year for blank check companies. By volume, IPO activity rose 73 percent compared to 2020; by value, 2021 was 81 percent ahead. Coates (discussed on the Forum here ).

Marketability 246

Marketability Equity 246

Musings on Markets

JANUARY 21, 2023

In 2022, we needed that reminder more than ever before, especially after markets came roaring back from the COVID drop in 2020 and 2021. We invest in equities expecting to earn more than we can make on risk free or guaranteed investments, but the risk in equities is that actual returns can deviate from expectations.

Equity 96

Equity Risk Premium Start-ups Dividends 96

Harvard Corporate Governance

JULY 8, 2022

The events of the summer of 2020 galvanized the country and drew attention to how systemic racism and injustice continue to burden communities of color. Niles are partners at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell memorandum by Mr. Emmerich, Mr. Silk, Mr. Niles, Elina Tetelbaum , and Carmen X.

Equity 210

Equity Finance 210

Harvard Corporate Governance

OCTOBER 16, 2023

Dual-class stock structures allow founders to sell equity in their company without giving up control. These devices accomplish this by creating one class of stock with extra voting rights for founders and another with lesser voting rights for the general public—or no votes at all.

Equity 230

Equity Technology Marketability 230

Harvard Corporate Governance

JUNE 20, 2023

In our recent research, we show how such transition risk exposure is already priced into equities and bonds issued by publicly-traded corporations ( Bolton and Kacperczyk, 2021 ; Lazard Climate Center, 2021 ; Bolton et al.,

Finance 214

Finance Equity Marketability 214

Harvard Corporate Governance

MAY 13, 2022

Allie Rutherford: You joined Vanguard’s investment stewardship group in early 2020. John Galloway: By way of context, the team I lead is responsible for investment stewardship activities for Vanguard’s internally managed equity funds, which are principally index funds. Approach to Stewardship and Engagement.

Equity 214

Equity Marketability 214

Global Finance

APRIL 7, 2025

Serie A, B, and C teams are all in play as private equity firms join the mad rush to buy a dwindling number of assets. But whats getting the ball rolling this time is major backing from US-based private equity (PE) investors. For private equity, the story is very different, because they typically adopt a more structured approach.

Finance 99

Finance Corporate Finance Private Equity Firm Equity 99

Harvard Corporate Governance

OCTOBER 2, 2024

The bill became law in September 2020, following the rise of the Black Lives Matter (BLM) movement, which sparked a nationwide call for racial equity and placed additional social pressure on companies to diversify their leadership. In 2019, California’s Assembly Bill No.

Finance 167

Finance Equity 167

Harvard Corporate Governance

JULY 19, 2022

That changed in November 2020, when an amendment to Regulation S-K went into effect that required publicly traded firms to disclose in their 10-K filings descriptions of their human capital resources and risks. more…).

Technology 214

Technology Equity 214

Harvard Corporate Governance

DECEMBER 7, 2022

equity mutual funds at the monthly, annual, decade, and full-sample horizons. equity mutual funds during the 1991 to 2020 period. For example, some funds with positive monthly performance estimates have negative long-horizon abnormal returns. We study a broad sample of nearly 8,000 U.S. of observations.

Alpha 221

Alpha Finance Treasury Equity 221

John Jenkins

OCTOBER 30, 2023

According to this S&P Global report, despite the increasing challenges buyers face in obtaining financing and the other macro headwinds facing dealmakers, Q3 deal terminations reached their lowest level since 2020. Here are some of the key takeaways from the report: – Only two private equity-backed deals terminated in Q3 2023.

Finance 49

Finance Equity 49

Reynolds Holding

JULY 12, 2022

The summer of 2020 was a turning point in the push for corporate diversity and inclusion initiatives. The graph below shows that the percentage of Russell 3000 companies with no racial/ethnic diversity on their boards went down from 38 percent in 2020 to 10 percent in 2022. of the U.S. Conclusion.

Equity 59

Equity 59

Harvard Corporate Governance

AUGUST 19, 2022

CFO turnover is running high, with 2021 surpassing 2020 and 2019 churn rates, Russell Reynolds Associates’ recent analysis of the S&P 500 revealed. (discussed on the Forum here ) by Jesse M. Fried; and Duty and Diversity (discussed on the Forum here ) by Chris Brummer and Leo E. Strine, Jr. more…).

Equity 162

Equity Marketability 162

Harvard Corporate Governance

OCTOBER 22, 2022

Activists won at least one board seat at 29% of campaigns that went to a vote or settled this proxy season, according to Insightia’s Activism module, compared to at 54% and 34% of campaigns throughout the 2020 and 2021 proxy seasons, respectively.

Marketability 247

Marketability Equity 247

Harvard Corporate Governance

SEPTEMBER 6, 2022

trillion in aggregate announced globally in 2021, according to Dealogic —up 67% in value compared to 2020. This trend has gathered momentum over recent years, with 9,155 carve-outs worth US$2.3 So far in 2022, carve-out activity has been somewhat softer. A total of 3,837 deals worth US$641.8

Equity 255

Equity 255

NYT M&A

SEPTEMBER 18, 2024

Wade Davis led an acquisition of Univision in 2020, buying out a consortium of private-equity owners.

Equity 84

Equity Mergers & Acquisitions 84

Brian DeChesare

MAY 17, 2023

Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count. Why Did PE Firms Start Buying Tech Companies?

Equity 64

Equity Technology Private Equity Firm Start-ups 64

Viking Mergers

AUGUST 19, 2022

Back in 2020, however, I shared my opinion that the COVID-19 pandemic was a wake-up call for many Boomers (those born between 1946 and 1964) who realized being at home wasn’t too bad and that life is too short to work until the very end. According to Pew Research Center , in the Q3 of 2020, about 28.6 Losing Equity.

Start-ups 130

Start-ups Equity Banking 130

Business Sales M&A

JANUARY 18, 2021

VR Mergers & Acquisitions received the award for the 2020 M&A Source Top Firm of the Year among 2-5 person firms. is the premier community for lower middle market M&A advisors and private equity professionals?who M&A Source?is who engage in transactions valued between $1M.

Equity 100

Equity Marketability 100

Biz Equity

APRIL 13, 2023

Some experienced record years during the peak of the lockdowns in 2020 based on their successful pivot to a combination of outdoor dining and take-home business. The average equity value rose from $1,415K to $2,243K or by $826K or 58%. The average equity value rose from $1,415K to $2,243K or by $826K or 58%.

Equity 98

Equity EBITDA Business Valuation Technology 98

Benzinga

APRIL 19, 2023

Lululemon Athletica Inc (NASDAQ: LULU ) seeks to sell its at-home fitness business, Mirror, which it bought in 2020. The company approached its competitor Hydrow as a potential buyer, said CNBC. LULU rebranded Mirror as Lululemon Studio post the acquisition.

Equity 52

Equity 52

Reynolds Holding

APRIL 11, 2023

As institutional investors grow in size and influence, questions arise as to whether they are effective stewards for equity investors. That the three mutual fund families with the most total net assets each holds equity positions in around 5,000 U.S. At the end of 2020, one-fourth of U.S. Moreover, 36.2 Moreover, 36.2

Equity 45

Equity Start-ups 45

ThomsonReuters

NOVEMBER 25, 2020

In late April 2020, for example, manufacturer of recreational vehicles and equipment LCI Industries shared on Form 8-K its decision to cut the base salary of President and CEO Jason Lippert by 25% as part of a series of actions in response to the pandemic (this Form 8-K and other filings referenced herein available on Thomson Reuters Checkpoint ).

Equity 98

Equity Banking 98

Brian DeChesare

JULY 3, 2024

When firms kicked off the on-cycle private equity recruiting process in June this year, before IB Analysts had even started their training , some people were shocked. But that timeline crept up over time, slowing down only in “crisis periods,” such as in 2009 (financial crisis aftermath) and 2020 – 2021 (COVID).

Equity 59

Equity Start-ups Banking Private Equity Firm 59

Appraisers Blog

NOVEMBER 15, 2022

Renewal fees up 76% for 2020. Racial Targeting Under the Heading of Diversity, Equity &… This time around, the racial targeting is masked as a virtue under the heading “Diversity, Equity and Inclusion,” or “DEI.”…. Excerpt: It’s time to…. Fannie and Freddie Will Fail! Fannie and Freddie Will Fail!

Appraisal 98

Appraisal Equity Finance Banking 98