Thu.Apr 04, 2024

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Diversifying demographics of assets under management

Harvard Corporate Governance

Posted by Victoria Tellez and Jessica Pollock, FCLTGlobal, on Thursday, April 4, 2024 Editor's Note: Victoria Tellez is an Associate Director, and Jessica Pollock is a Research Associate at FCLTGlobal. This post is based on their FCLTGlobal memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss; Duty and Diversity (discussed on the Forum here ) by Ch

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The critical role of commodity trading in times of uncertainty

Mckinsey and Company

As increased commodity trading value pools attract new competition, successful players will differentiate by managing illiquid risks and embracing data-driven trading models.

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Minutes Are Worth the Minutes: Good Documentation Practices Improve Board Deliberations and Reduce Regulatory and Litigation Risk

Harvard Corporate Governance

Posted by Leo E. Strine, Jr. (University of Pennsylvania), on Thursday, April 4, 2024 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

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Members only: Delivering greater value through loyalty and pricing

Mckinsey and Company

Consumer-facing businesses have an opportunity to unlock holistic value. By better integrating their loyalty programs with pricing strategies, they can drive growth in a muddled economic landscape.

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How to Leverage Intent Data for Better Outcomes

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.

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Proposed Amendments to the DGCL Address Recent Caselaw on Stockholder and Merger Agreements

Harvard Corporate Governance

Posted by Eric Klinger-Wilensky, Melissa DiVincenzo and Patricia Vella, Morris, Nichols, Arsht & Tunnell LLP, on Thursday, April 4, 2024 Editor's Note: Eric Klinger-Wilensky , Melissa DiVincenzo and Patricia Vella are Partners at Morris, Nichols, Arsht & Tunnell LLP. This post is based on a Morris Nichols memorandum by Mr. Klinger-Wilensky, Ms.

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Ensuring the financial sustainability of academic medical centers

Mckinsey and Company

In response to financial pressures, academic medical centers are pursuing efforts to improve their near-term fiscal health. Clinician engagement is crucial to longer-term success.

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Vital signs: Emergency medicine for distressed manufacturing sites

Mckinsey and Company

At some factories, underperformance isn’t just financial—it may also threaten safety, quality, or the environment. An unconventional improvement approach can help these sites regain health and vitality.

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A Looming Question for Paramount’s Board: How to Navigate Shari Redstone

NYT M&A

The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder.

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Creating Value Beyond the Hype | No. 174

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Insurer Resolution Life To Buy New Zealand Biz For $247M

Law 360 M&A

Resolution Life said on Thursday that its Australasian arm has agreed to buy Asteron Life, an insurer based in New Zealand, for 410 million New Zealand dollars ($247 million), as the global group eyes entry into the country's growing insurance sector.

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Statement of Cash Flows vs. Cash Flow Statement

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

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CEO priorities: Where to focus as the year unfolds

Mckinsey and Company

Leaders today confront a raft of complexities. Here’s what will matter most as 2024 evolves—and how CEOs can reckon with ongoing disruption successfully.

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Auditing WIP Today

Machen McChesney

External auditors spend a lot of time during fieldwork evaluating how businesses report work-in-progress (WIP) inventory. Here’s why this warrants special attention and how auditors evaluate whether WIP estimates seem reasonable.

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Playing offense: Industrials staying ahead in the energy transition

Mckinsey and Company

By upgrading their energy strategies, industrials can reduce energy costs, accommodate market volatility, and achieve ambitious decarbonization targets—here’s how.

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Small Business Taxpayer Exemptions

Machen McChesney

“An exemption from UNICAP? And no limitation on the amount of business interest expense I can deduct? Sign me up!” Many taxpayers (and their tax return preparers) have eagerly embraced the small business exemptions provided under the Tax Cuts and Jobs Act (TCJA) as a helpful planning tool to streamline compliance processes and reduce taxable income.

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Mastering Intent Data: Understanding its Importance & Best Practices

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.

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Business news to watch in 2024

Mckinsey and Company

As economies in Asia evolve in 2024, they have the potential to shape the next normal. We talk to business media leaders about their views on the year that was and the year ahead.

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Kering buys Milan building for €1.3bn in Europe’s biggest property deal since 2022

Financial Times M&A

Purchase of Via Monte Napoleone 8 from Blackstone comes as luxury groups compete for desirable locations

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The state of cloud computing in Europe: Increasing adoption, low returns, huge potential

Mckinsey and Company

Overcoming the challenges to capturing cloud value, particularly those that are unique to European companies, requires a five-pronged strategy.

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ESOP Funding Rules and Plan Options | Meaden & Moore

Meade & Moore

Opening an employee stock ownership plan (ESOP) may not be easy, but it should be exciting. ESOPs are a popular way for companies to provide their employees with ownership in the company. An ESOP is a qualified retirement plan that invests primarily in employer stock, providing employees with an opportunity to own a stake in the company they work for.

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How price transparency could affect US healthcare markets

Mckinsey and Company

Price transparency is one of several industry innovations that is increasing the potential for consumerism in US healthcare.

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Understanding At-Risk Basis for Real Estate Investments

Trout CPA

Written by Randall Weaver, CPA The term "taxpayer at-risk" typically refers to a situation in which a taxpayer has invested money in a business or partnership and is personally liable for that business's financial obligations or losses. In simple terms, the taxpayer's money is at risk because they could potentially lose it if the business doesn't perform well.

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Navigating unknowns: Auto insurance questions in a new mobility era

Mckinsey and Company

Technology disruptions are reshaping mobility solutions. Will mobility insurance see a meteoric transformation?

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Del. Justices Reverse Chancery On Match.com Deal Fairness

Law 360 M&A

Delaware's Supreme Court on Thursday undid a Chancery Court dismissal of a challenge to Match.com's 2019 reverse-spinoff from Barry Diller-controlled IAC Interactive, in a closely watched case rejecting the lower court's finding that Match had justified the use of a less onerous fairness test.

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Addressing continued turbulence: The commercial-aerospace supply chain

Mckinsey and Company

A new, comprehensive supply-chain-management approach can help aerospace companies eliminate many of the disruptions that are contributing to a record-high aircraft order backlog.

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HubSpot Stock Jumps As Alphabet Considers Acquisition Offer: The Details

Benzinga

HubSpot Inc (NYSE: HUBS ) shares spiked higher in early trading Thursday on reports Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) is considering a takeover. What To Know: Google is in talks with advisors about making a potential offer to acquire HubSpot, per Reuters. The stock was briefly halted for volatility Thursday morning. Hubspot shares continued to move higher immediately after.

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Impacting audiences across the globe: CEO Excellence revisited

Mckinsey and Company

In this final retrospective, McKinsey senior partners and best-selling authors share insights from their book, discuss the “life cycle of a CEO,” and talk about developments in their ongoing research.

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Microsoft Copilot for Service: Don’t get left behind

Avanade

Learn how Microsoft Copilot for Service can turn your agents into super agents and take customer satisfaction to the next level.

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Banker to British mid-caps warns of bleak outlook for London market

Financial Times M&A

Peel Hunt chief says dearth of IPOs is ‘starting to bite quite hard’

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Dissipation of Marital Assets In Divorce: Red Flags to Look For

Gross Mendelsohn

Divorce is one of the most stressful events that people may encounter in their lifetime, even more so if there is significant hostility between the spouses. As a result of the adversarial nature of divorce, the parties might behave irrationally or even vindictively, especially when it comes to their finances. There is the possibility that one or both spouses may not be entirely forthcoming or truthful about their financial situation during litigation.

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Snowflake Investor Accuses Brass Of Insider Trading

Law 360 M&A

A Snowflake Inc. investor filed a lawsuit Thursday against the cloud data platform's leadership team, accusing company insiders of shedding over $1 billion worth of stock at inflated prices while knowing about or recklessly disregarding a scheme to misrepresent sales data following the company's $3.3 billion public debut.

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Are you ready for tomorrow’s Direct Tax, AI, and technology developments?

ThomsonReuters

The pace of change experienced by today’s tax departments feels unprecedented. And, amid this transformation, tax departments are facing a host of challenges, including growing complexity, talent shortages, and financial constraints. Yet, as challenging as the rapid pace of change may be, it doesn’t relieve tax firms of the responsibility to prepare appropriately.

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MoneyLion's Woes Draw Del. Suit Against SPAC Insiders

Law 360 M&A

Investors have sued the sponsor of a blank-check company and several of its directors and controllers in Delaware's Chancery Court, accusing them of overvaluing a merger with digital finance platform MoneyLion, which was sued by the Consumer Financial Protection Bureau in 2022.

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Value Drivers for a Small Business

Peak Business Valuation

Small businesses employ over 60 million people in the United States. That is nearly half of America’s private workforce. As such, small businesses play an important role in our economy. In addition, operating a small business is very rewarding for business owners. If you are looking to start , buy , grow , or sell a small business , it is vital to understand key value drivers for a small business.

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SEC Points Jury To 'Coincidence' In Shadow Trading Trial

Law 360 M&A

A U.S. Securities and Exchange Commission attorney on Thursday cross-examined a former executive of pharmaceutical company Medivation about his alleged "shadow trading" in the stock of rival pharma company Incyte, pressing the executive repeatedly to assert that various facts and circumstances supporting the agency's position were merely "coincidence.

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Set Great Goals, Execute Correctly, And Win – with Patrick Thean

Rhythm Systems

Uncover the full potential of your executive team and elevate your organization with DiSC assessments, a potent tool for understanding personalities, fostering communication, trust, and productivity. Transform your team dynamics today!

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