Harvard Corporate Governance

DECEMBER 23, 2022

At the end of last week, ISS announced its benchmark policy updates for 2023. The policy changes will apply to shareholder meetings held on or after February 1, 2023, except for those with one-year transition periods. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. The changes for U.S.

Equity 231

Equity 231

Harvard Corporate Governance

JUNE 30, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 30, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of June 23-29, 2023. Commentary: Our Proxy Advice is Apolitical Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

Corporate Finance 224

Corporate Finance Compliance Banking Finance 224

Harvard Corporate Governance

APRIL 19, 2023

Fuse Brown (Georgia State University), on Wednesday, April 19, 2023 Editor's Note: Mark A. Over the past decade, private equity investment in physician services has emerged as a driving trend toward the financialization of health care, with investors mining health services organizations to extract wealth. Posted by Mark A.

Equity 247

Equity Marketability 247

Mckinsey and Company

JANUARY 13, 2023

Leaders need clarity on what works to improve diversity, equity, and inclusion. Our 2023 report shows success factors that contributed to significant, quantifiable, scalable, and sustainable DEI impact.

Equity 133

Equity 133

Harvard Corporate Governance

APRIL 14, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, April 14, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 7-13, 2023. Paramount Global Settles CBS – Viacom Merger Lawsuit for $122.5

Corporate Finance 225

Corporate Finance Compliance Finance Marketability 225

Harvard Corporate Governance

MARCH 28, 2023

Posted by Ryan Colucci, Compensation Advisory Partners, on Tuesday, March 28, 2023 Editor's Note: Ryan Colucci is a Principal at Compensation Advisory Partners. This post is based on his CAP memorandum. incentive compensation) slightly lower for CFOs (more…)

Equity 226

Equity Market Capitalization Marketability 226

Harvard Corporate Governance

JUNE 2, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 2, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of May 26-June 1, 2023 Modernization of Beneficial Ownership Reporting Rule Proposal Posted by Jonathan H. Gaines, David S.

Equity 222

Equity 222

Harvard Corporate Governance

NOVEMBER 24, 2023

Posted by Merel Spierings, The Conference Board, on Friday, November 24, 2023 Editor's Note: Merel Spierings is Senior Researcher at The Conference Board ESG Center in New York.

Equity 322

Equity 322

Harvard Corporate Governance

SEPTEMBER 1, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 1, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of August 25-31, 2023.

Venture Capital Fund 201

Venture Capital Fund Equity 201

Harvard Corporate Governance

JULY 17, 2023

Lee, and Ari Weinberg, KPMG LLP, on Monday, July 17, 2023 Editor's Note: Claudia H. And as to stakeholder engagement—beyond equity owners—private company boards appear to be embracing the growing importance of their companies’ engagement with employees and customers. Posted by Claudia H. Allen, Patrick A. Allen and Patrick A.

Equity 235

Equity 235

Harvard Corporate Governance

SEPTEMBER 7, 2023

Posted by Blair Jones (Semler Brossy), Anna Natapova (Semler Brossy), and Chuck Gray (Egon Zehnder), on Thursday, September 7, 2023 Editor's Note: Blair Jones is a Managing Director at Semler Brossy LLC, Anna Natapova is Principal at Semler Brossy LLC, and Chuck Gray is Coleader of the US CEO and Board Practice at Egon Zehnder. Strine, Jr.;

Equity 230

Equity 230

Harvard Corporate Governance

SEPTEMBER 8, 2023

Schnell and Daniyal Iqbal, Wilson Sonsini Goodrich & Rosati, on Tuesday, September 5, 2023 Tags: Charter & bylaws , Delaware law , Disclosure , officer exculpation , Proxy season , Universal Proxy Pay Equity-Related Shareholder Proposals in 2023 Posted by J.T.

Equity 185

Equity Banking Technology 185

Harvard Corporate Governance

SEPTEMBER 5, 2023

Ho, Robert Bee, and Hayden Goudy, Orrick, Herrington & Sutcliffe LLP, on Tuesday, September 5, 2023 Editor's Note: J.T. More pay equity-related proposals see significant levels of shareholder support. More pay equity-related proposals see significant levels of shareholder support. more…)

Equity 111

Equity 111

Harvard Corporate Governance

NOVEMBER 10, 2023

Securities and Exchange Commission, on Wednesday, November 8, 2023 Tags: Clawbacks , Proxy season , SEC , SPACs Top 5 SEC Developments Posted by Haimavathi V. Bell, and Ron C. Uyeda, U.S.

Treasury 186

Treasury Banking Equity Marketability 186

Harvard Corporate Governance

JUNE 7, 2023

on Wednesday, June 7, 2023 Editor's Note: Amit Batish is Senior Director of Content at Equilar, Inc. The 2023 proxy season has officially come to a close. Posted by Amit Batish, Equilar, Inc., This post is by Mr. Batish and Courtney Yu. more…)

Total Shareholder Return 224

Total Shareholder Return Finance Equity 224

Harvard Corporate Governance

NOVEMBER 3, 2023

Posner, Cooley LLP, on Thursday, November 2, 2023 Tags: CFO , Pareteum , SEC , Section 17(a) 1: How Did the Activists Vote? Circuit , ESG , intraportfolio , SEC SEC charges executives with fraudulent revenue recognition practices Posted by Cydney S.

Dividends 184

Dividends Equity Marketability 184

Harvard Corporate Governance

MARCH 19, 2024

The Vanguard-advised funds Vanguard-advised funds are primarily index funds managed by Vanguard’s Equity Index Group; these funds track specific benchmark indexes constructed by independent third parties. [1] 2] Vanguard’s equity index funds are long-term investors in numerous public companies around the world. 3] (more…)

Equity 176

Equity 176

Harvard Corporate Governance

OCTOBER 5, 2023

Posted by Austin Vanbastelaer, and Kyle McCarthy, Semler Brossy LLC, on Thursday, October 5, 2023 Editor's Note: Austin Vanbastelaer is Principal and Kyle McCarthy is a Senior Associate Consultant at Semler Brossy LLC. Russell 3000 equity plan proposals are facing historically low shareholder support and higher failure rates in 2023.

Equity 130

Equity Marketability 130

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. During the past proxy year (July 1, 2022, through June 30, 2023), the team conducted 1,049 engagements with 832 companies in the United States, representing $3.1 During the 2023 proxy year in the U.S.,

Equity 157

Equity 157

Harvard Corporate Governance

AUGUST 28, 2023

Pension funds and institutional investors around the world have been allocating an increasing fraction of their assets under management to private equity (PE), venture capital (VC), and other types of private funds. in 2020, and 79% of investors stating that they expect to allocate a larger proportion of their funds to private equity by 2025.

Venture Capital Fund 189

Venture Capital Fund Equity Finance Marketability 189

Harvard Corporate Governance

FEBRUARY 15, 2024

Incorporate Lessons Learned From the 2023 Say-on-Pay Votes and Compensation Disclosures Companies should consider their recent annual say-on-pay votes and best practices for disclosure when designing their compensation programs and communicating about those programs to shareholders. more…)

Equity 300

Equity 300

Harvard Corporate Governance

FEBRUARY 25, 2023

Posted by Tina Shah Paikeday, and Nisa Qosja, Russell Reynolds Associates, on Saturday, February 25, 2023 Editor's Note: Tina Shah Paikeday is the Global Head of the Diversity, Equity & Inclusion Practice, and Nisa Qosja is a Knowledge Consultant at Russell Reynolds Associates. Strine, Jr. So, what’s holding leaders back?

Equity 322

Equity 322

Musings on Markets

JANUARY 21, 2023

In this post, I will begin by chronicling the damage done to equities during 2022, before putting the year in historical context, and then examine how developments during the year have affected expectations for the future. Actual Returns Your returns on equities come in one of two forms. Stocks: The What?

Equity 93

Equity Risk Premium Start-ups Dividends 93

Harvard Corporate Governance

AUGUST 8, 2024

trillion in 2023. The ownership, governance and financing of corporate America look radically different today than they did only a few decades ago, due to conflicting trends in the ownership of corporate equity on the one hand and corporate debt on the other. more…)

Marketability 236

Marketability Corporate Finance Equity Finance 236

Harvard Corporate Governance

MAY 23, 2023

Reddy (University of Cambridge) , on Tuesday, May 23, 2023 Editor's Note: Brian Cheffins is the S. Posted by Brian R. Cheffins and Bobby V. Berwin Professor of Corporate Law, and Bobby V. Reddy is an Associate Professor of Finance at the University of Cambridge. This post is based on their recent paper , forthcoming in The Company Lawyer.

Equity 213

Equity Marketability Market Capitalization Finance 213

Harvard Corporate Governance

APRIL 21, 2023

Posted by Holly Fetter and Benjamin Colton, State Street Global Advisors, on Friday, April 21, 2023 Editor's Note: Benjamin Colton is Global Head of Asset Stewardship, and Holly Fetter is Vice President of Asset Stewardship at State Street Global Advisors. This post is based on their SSGA memorandum.

Equity 309

Equity Marketability 309

Harvard Corporate Governance

JANUARY 25, 2023

Posted by Shaun Bisman and Jared Sorhaindo, Compensation Advisory Partners, on Wednesday, January 25, 2023 Editor's Note: Shaun Bisman is a Partner and Jared Sorhaindo is an Associate at Compensation Advisory Partners. This post is based on their CAP memorandum. This update highlights select new and materially updated questions.

Equity 130

Equity 130

Harvard Corporate Governance

MAY 28, 2023

Posted by Diane Blizzard and Radhika Kshatriya, Kirkland & Ellis LLP, on Sunday, May 28, 2023 Editor's Note: Diane Blizzard is a Partner and Radhika Kshatriya is an Associate at Kirkland & Ellis LLP. On May 3, 2023, the SEC voted to adopt significant amendments to Form PF on a 3-2 vote. [1] Blizzard, Ms. Moehrke , and Reed T.

Equity 225

Equity Compliance 225

IVSC

JUNE 6, 2023

Previously, Erica was Chief Financial Officer of Carlyle’s Global Credit segment and before that she was responsible for the Fund Management Operations of Carlyle’s Europe based private equity funds, based in Luxembourg and London. The post IVSC Webinars Series 2023 – Bios appeared first on International Valuation Standards Council.

Equity 130

Equity Mergers & Acquisitions Marketability 130

Harvard Corporate Governance

SEPTEMBER 2, 2023

operational and reputational) and risk appetite; equity; governance; and the role of the board. As companies continue to explore and invest in AI, they also are tasked with considering numerous business implications, such as ethics, compliance, and regulatory processes; risks (e.g.,

Technology 329

Technology Compliance Equity 329

IVSC

JUNE 14, 2023

She leads a team responsible for the valuation of the infrastructure and private equity asset classes. Hakim has performed valuations of equity and debt instruments across a broad spectrum of industries and geographies under the IPEV Guidelines. GAAP fair value guidelines. Hakim holds an M.Sc. in finance from the Kedge Business School.

Intangible Assets 130

Intangible Assets Corporate Finance Finance Equity 130

Harvard Corporate Governance

JUNE 26, 2024

Following the Court’s decision, companies’ diversity, equity, and inclusion (DEI) policies and programs that focus on specific underrepresented (racial) groups have resulted in a rise in backlash and reverse discrimination lawsuits (i.e., Harvard , which eliminated affirmative action in college admissions. more…)

Equity 269

Equity 269

Harvard Corporate Governance

APRIL 20, 2023

Posted by Jared Ellias (Harvard Law School) and Elisabeth De Fontenay (Duke University) , on Thursday, April 20, 2023 Editor's Note: Jared Ellias is a Professor of Law at Harvard Law School; Elisabeth de Fontenay is a Professor of Law at Duke University. Highly leveraged firms are now commonplace in many U.S. industries.

Debt Financing 257

Debt Financing Equity Finance Marketability 257

Musings on Markets

FEBRUARY 8, 2024

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. While these seven stocks had an exceptional year in 2023, their outperformance stretches back for a much longer period.

Marketability 139

Marketability Market Capitalization Start-ups Equity 139

Harvard Corporate Governance

AUGUST 5, 2024

In this year’s proxy roundup, we have analyzed the use of environmental, social and governance (“ESG”) metrics in cash and equity incentive plans among the largest 100 public companies. [1] The proxy statements filed in 2024 by the companies in our sample generally disclose 2023 compensation plans and decisions.

Equity 251

Equity 251

Harvard Corporate Governance

MAY 26, 2023

Rosenthal, and Christopher Soares, Dechert LLP, on Friday, May 26, 2023 Editor's Note: Jonathan H. Securities and Exchange Commission (the “SEC”) announced on April 28, 2023, that it has reopened the comment period for its February 2022 Modernization of Beneficial Ownership Reporting rule proposal (the “Proposed Rule”). Jackson Jr.,

Equity 238

Equity 238

Harvard Corporate Governance

JUNE 27, 2023

Posted by Elisabeth de Fontenay (Duke University) and Yaron Nili (University of Wisconsin), on Tuesday, June 27, 2023 Editor's Note: Elisabeth de Fontenay is a Professor of Law at Duke University, and Yaron Nili is a Professor of Law and the Smith-Rowe Faculty Fellow in Business Law at the University of Wisconsin Law School.

Corporate Finance 225

Corporate Finance Finance Equity Marketability 225