Thu.Nov 07, 2024

article thumbnail

Lobbying Against Enforcement

Harvard Corporate Governance

Posted by Reilly S. Steel (Columbia Law School), on Thursday, November 7, 2024 Editor's Note: Reilly Steel is an Academic Fellow and Lecturer in Law at Columbia Law School. This post is based on his recent paper. How pervasive is the strategic use of corporate political spending to avoid agency enforcement? In a new working paper, I attempt to gain traction on this question with data on nearly two decades of corporate political spending and investigations by the U.S.

143
143
article thumbnail

Key considerations for CEOs in the oil and gas sector

Mckinsey and Company

The oil and gas industry has recently seen strong financial performance and is refocusing on its core, but it still needs to find answers to drive growth post-2030.

122
122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Does a Shareholder Engagement Program Look Like?

Harvard Corporate Governance

Posted by Broc Romanek, Cooley LLP, on Thursday, November 7, 2024 Editor's Note: Broc Romanek is a Senior Strategic Advisor at Cooley LLP. This post is based on his Cooley memorandum. Companies need an organized set of engagement procedures with priorities and the ability to call on internal cross-department coordination – and director participation – when needed, depending on what is on the engagement agenda.

122
122
article thumbnail

Banks Need a Digital Strategy to Manage the $84 Trillion Generational Wealth Transfer

Global Finance

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet. More immediately, however, this unprecedented transfer of wealth represents a major challenge for banks, particularly those who provide services to high-net-worth individuals.

Banking 105
article thumbnail

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.

article thumbnail

When You Should (and Shouldn’t) Have an AI Leader in the C-suite

Harvard Corporate Governance

Posted by Fawad Bajwa, Russell Reynolds Associates, on Thursday, November 7, 2024 Editor's Note: Fawad Bajwa is a Managing Director at Russell Reynolds Associates and leads the firm’s Global AI, Data and Analytics practice. This post is based on his Russell Reynolds memorandum. There’s a growing imperative for companies to take a comprehensive approach to AI–but do you really need a Chief AI Officer in the C-suite for that?

122
122
article thumbnail

Supercharging product portfolio performance with generative AI

Mckinsey and Company

When generative AI tools do the heavy lifting, companies can optimize their product portfolios faster and more effectively.

125
125

More Trending

article thumbnail

Comment on Leaving the Appraisal Profession by Vito Stone

Appraisers Blog

It’s tough to see so many appraisers expressing their frustrations with the current state of the industry. With AMCs and lenders pushing for lower fees, appraisers are increasingly finding themselves pressured to sacrifice independence and accuracy in exchange for speed and cost-efficiency. It’s no surprise that so many are considering leaving the profession or transitioning into other roles.

article thumbnail

Important Tax Tips for 2024

Machen McChesney

The U.S. tax code is complicated and often hard to understand, with many provisions, credits, and disallowances. Let's review a few credits that many people are interested in , as well as how to respond to the IRS if you get married — or get a taxes-due notice. The Employee Retention Credit The ERC was implemented as part of the Coronavirus Aid, Relief, and Economic Security Act to encourage businesses affected by the pandemic to keep staff on payroll during lockdowns and times of reduced busine

article thumbnail

The State of Corporate ESG report: Key findings for CFOs and sustainability officers

ThomsonReuters

← Blog home As the global business environment continues to evolve, the 2024 State of Corporate ESG report by Thomson Reuters Institute sheds light on the shifting dynamics of Environmental, Social, and Governance (ESG) initiatives. As stewards of financial integrity and sustainability, CFOs and sustainability officers are at the forefront of this transformation, tasked with integrating ESG into the core of daily business operations.

article thumbnail

Buffett’s Apple sales and cash pile spark intrigue over motives

Financial Times M&A

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

111
111
article thumbnail

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

article thumbnail

How SPAC Regulatory Regimes in the UK, Singapore, and Hong Kong Stack Up

Reynolds Holding

Special purpose acquisition companies (SPACs) have swiftly emerged as an alternative vehicle for global corporations that seek a public listing. As their name suggests, SPACs gather funds from investors through an initial public offering (IPO), with the intention of acquiring a current operating company (the “target company”) at a later stage. Following this acquisition process, the target company has the option to either merge with or be acquired by the publicly traded shell, thereby becoming l

article thumbnail

BlackRock in talks to take minority stake in Millennium

Financial Times M&A

Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives

104
104
article thumbnail

Comment on Leaving the Appraisal Profession by Vito Stone

Appraisers Blog

It’s tough to see so many appraisers expressing their frustrations with the current state of the industry. With AMCs and lenders pushing for lower fees, appraisers are increasingly finding themselves pressured to sacrifice independence and accuracy in exchange for speed and cost-efficiency. It’s no surprise that so many are considering leaving the profession or transitioning into other roles.

article thumbnail

Elon Musk might be Wall Street’s great white whale

Financial Times M&A

The US election and elevation of the Tesla boss could lead to big deal fees.

111
111
article thumbnail

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.

article thumbnail

The CRO as the Navigator of the Business

Norman Marks

Michael Rasmussen and I friends both in real life and on Facebook (which is not always the case). I met him through OCEG (which I recommend as they have some excellent resources) where we were two of the first three OCEG Fellows. (The other one was Brian Barnier. I recommend following both of them.

article thumbnail

A Burberry takeover is not for the faint hearted

Financial Times M&A

Predators will struggle to money from the UK luxury group with revenues forecast to be down 20%

99
article thumbnail

Capital expenditure efficiency in chemicals: An opportunity for CFOs

Mckinsey and Company

Chemical CFOs are tasked with driving shareholder returns in an era of rising costs. Answering five key questions can help balance spending with strategic initiatives and stakeholder returns.

57
article thumbnail

Apollo Gets Extension To Make £1B Offer For Auto-Parts Biz

Law 360 M&A

Auto parts supplier TI Fluid Systems said Friday that Britain's mergers and acquisitions authority has granted a company backed by private equity giant Apollo more time to make it a firm offer worth approximately £995 million ($1.3 billion).

Equity 52
article thumbnail

The 2024 State of Corporate ESG: Key findings for CFOs and sustainability officers

ThomsonReuters

← Blog home As the global business environment continues to evolve, the 2024 State of Corporate ESG report by Thomson Reuters Institute sheds light on the shifting dynamics of Environmental, Social, and Governance (ESG) initiatives. As stewards of financial integrity and sustainability, CFOs and sustainability officers are at the forefront of this transformation, tasked with integrating ESG into the core of daily business operations.

article thumbnail

Chancery Mulls Stay, Toss Of SPAC Suit Pending NJ Ruling

Law 360 M&A

Attorneys for the sponsor of a deal that took digital health equipment venture Butterfly Network public in February 2021 argued Thursday for a stay or dismissal of a Delaware Court of Chancery suit challenging the deal, citing extensive overlap with an earlier-filed federal securities action in New Jersey.

52
article thumbnail

How to navigate the future of tax technology

ThomsonReuters

Jump to ↓ The strategic importance of technology in tax firms Challenges in technology adoption Preparing for the future: Trends and predictions Embracing technology for competitive advantage The landscape of tax and accounting is undergoing a significant transformation, driven by rapid technological advancements. As firms grapple with the integration of new technologies, the recent Tax Firm Technology Report sheds light on the critical role technology plays in shaping firm strategies.

article thumbnail

Solar Energy Co. Hits Ch. 11 With $100M In Debt, Sale Plans

Law 360 M&A

Oya Renewables, a solar energy producer with offices in Boston and Toronto, has filed for Chapter 11 protection in the Delaware bankruptcy court, disclosing at least $100 million in liabilities — including almost $87 million in funded debt — and plans to sell its assets, while blaming factors such as project delays and litigation for its liquidity crunch.

52
article thumbnail

Transforming together: The importance of building a strategic partnership between IT and indirect tax

ThomsonReuters

The term “digital transformation” can be frustratingly vague—but in large companies, a digital transformation is essentially the process or “journey” a company goes through to upgrade its IT infrastructure and business systems to meet the growing technical demands of the digital era. For IT and transformation leaders, the stakes are high, and the decisions made during this process can set the stage for future success or unforeseen challenges.

article thumbnail

Alaska Flyers Lodge Emergency 9th Circ. Bid To Halt Merger

Law 360 M&A

A group of flyers and travel agents hoping to block Alaska Airlines' $1.9 billion merger with Hawaiian Airlines are asking the Ninth Circuit for an emergency halt to any further integration between the companies while they appeal a district court's dismissal of their suit, telling the judges consumers will be hurt if the merger continues.

52
article thumbnail

Valuing a Gift Shop

Peak Business Valuation

With continuous demand from tourists and seasonal shoppers, owning a gift shop can be a rewarding business venture. If you are considering buying , expanding , or selling a gift shop , it is crucial to receive a business valuation from a professional business appraiser. When valuing a gift shop, a business appraiser provides valuable insights into your gift shop’s strengths and weaknesses.

article thumbnail

Lynk Global Taps New Execs Amid Deal With A-Rod's SPAC

Law 360 M&A

Lynk Global Inc., the satellite-to-phone business merging with the blank-check company of former New York Yankees star Alex Rodriguez, on Thursday revealed that it has picked a new CEO and CFO while securing capital investments from shareholders.

52
article thumbnail

Duos Edge AI Acquires Additional Edge Data Centers

Benzinga

JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ: DUOT ), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas.

Finance 52
article thumbnail

Playing Ultimate Makes Us Better Lawyers

Law 360 M&A

In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron.

52
article thumbnail

Olympique Lyonnais warns funding delay would put going concern status at risk

Financial Times M&A

French football club has assumed it will receive up to €40mn from owner’s sale of Crystal Palace stake

73
article thumbnail

Former Delaware DOJ Attorney Joins Chancery As Magistrate

Law 360 M&A

Delaware's judiciary announced this week that a former Young Conaway Stargatt & Taylor LLP attorney who also previously worked for the state's Department of Justice has been appointed to serve as a magistrate in the Chancery Court.

52
article thumbnail

Friends and family investment rounds: A founder's guide

Vested

Everyone starts somewhere. And for many startups, that first injection of capital comes from people who already believe in you – your friends and family.

52
article thumbnail

USCellular Sells Spectrum Licenses To AT&T In $1B Deal

Law 360 M&A

United States Cellular Corp. on Thursday announced that it has agreed to sell a portion of its retained spectrum licenses to telecommunications giant AT&T for $1.018 billion, in a deal built by at least four law firms.

52
article thumbnail

Nexans to sell AmerCable to Mattr

Benzinga

Nexans to sell AmerCable to Mattr _PRESS RELEASE_ Nexans announces the execution of an agreement to sell AmerCable to Mattr for US$280 million, subject to regulatory clearance. With the proposed transaction Nexans continues to deliver on the implementation of its strategy to refocus as a Pure Electrification Player. Paris, France, November 8, 2024 – Nexans (NEX.FP), a leader in the global energy transition, announces today the execution of an agreement to sell AmerCable, a leading manufacturer o

article thumbnail

Dissecting New Circuit Split Over SEC's Proxy Adviser Rule

Law 360 M&A

The Sixth Circuit recently upheld the U.S. Securities and Exchange Commission's partial rescission of enhanced conflict-of-interest disclosure requirements for proxy voting advice businesses, creating a circuit split over broader questions concerning the standard for assessing the legality of agency actions in general, say attorneys at Cahill Gordon.

52