Harvard Corporate Governance

JULY 30, 2024

Posted by Dennis West (University of Oxford), and Dimitrij Euler (Value Balancing Alliance), on Tuesday, July 30, 2024 Editor's Note: Dennis West is a PhD Candidate at the University of Oxford and Dimitrij Euler is Director of Sustainable Finance at Value Balancing Alliance. This post is based on their recent report. Introduction About twelve years ago, when we first wrote about the relevance of social and environmental information to corporate governance [1] , scholars and practitioners alike r

Finance 273

Finance Compliance 273

IVSC

JULY 30, 2024

We are thrilled to announce that the 2024 Annual General Meeting (AGM) of the International Valuation Standards Council (IVSC) will take place in the vibrant city of Hong Kong. This prestigious event is a cornerstone for valuation professionals, offering an unparalleled opportunity to engage with global leaders and stakeholders in the field. This year, we are honoured to be hosted at the Dorsett Kai Tak, Hong Kong, a dynamic hub of business and finance, following our successful 2023 gathering in

Finance 246

Finance Appraisal 246

Harvard Corporate Governance

JULY 30, 2024

Posted by Jamie Smith, EY, on Tuesday, July 30, 2024 Editor's Note: Jamie C. Smith is a Director at EY’s Center for Board Matters. This post is based on her EY memorandum. In 2024 companies secured strong support on key voting items despite increasing complexity. This year’s proxy season included a busier year for activism amid a demanding economic context, a recalibrated shareholder proposal landscape, and emerging topics of focus such as artificial intelligence (AI).

190

190

Mckinsey and Company

JULY 30, 2024

Possessing natural endowments and mature industrial infrastructure, Spain and Portugal have an unprecedented opportunity to lead the energy transition and create significant value for the region.

123

123

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

Harvard Corporate Governance

JULY 30, 2024

Posted by Mark Thierfelder, Eric Siegel, and Rick Horvath, Dechert LLP, on Tuesday, July 30, 2024 Editor's Note: Mark Thierfelder , Eric Siegel , and Rick Horvath are Partners at Dechert LLP. This post is based on a Dechert memorandum by Mr. Thierfelder, Mr. Siegel, Mr. Horvath, Neil Steiner , Lisa Perri , and Joni Jacobsen and is part of the Delaware law series ; links to other posts in the series are available here.

Marketability 120

Marketability 120

NYT M&A

JULY 30, 2024

Noisy Creek, a new media company, has bought The Stranger and The Portland Mercury, two of the country’s best known alternative weeklies.

Mergers & Acquisitions 138

Mergers & Acquisitions 138

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. However, with the rise of AI-powered tax technology and increasing client expectations , forward-looking accounting firms are evolving beyond tax compliance to offer year-round, value-added services that capitalize on their unique expertise and address their clients’ overall financial well-being.

Accounting Firms 105

Accounting Firms Compliance Technology 105

Mckinsey and Company

JULY 30, 2024

Since merging with Anixter in 2020, Wesco has integrated the best of both, delivered stellar performance, and strategically invested in big data to capture the next wave of value creation.

115

115

Global Finance

JULY 30, 2024

Regional and specialized stock exchanges are returning as demand expands for new products and market locations. The theory that regional or specialized exchanges can bring unique know-how to specific sectors or geographies is driving the buildup. The list of such exchanges is growing, and the trend is global. For example, the Eastern Caribbean Securities Exchange (ECSE) is the Caribbean’s major regional stock exchange, designed to attract companies with regional interconnectivity and regional in

Corporate Finance 105

Corporate Finance Finance Compliance Banking 105

Law 360 M&A

JULY 30, 2024

The Federal Trade Commission is formally seeking a temporary block against Kroger's proposed purchase of Albertsons, arguing in an Oregon federal court brief unsealed Tuesday that the planned divestiture of 579 stores to a "failed" supermarket boss won't adequately protect consumers or union labor facing dramatically increased concentration.

98

98

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

Global Finance

JULY 30, 2024

As a new government takes office, optimism is growing that economic expansion will resume in Panama. But fiscal challenges, plus troubles in the mining sector, suggest caution. Shortly after taking office on July 1, new President José Raúl Mulino confirmed one of his biggest campaign promises: the start of the 391-kilometer Panama-David rail project that will link the country’s disparate regions.

Banking 105

Banking Finance Start-ups Marketability 105

Appraisers Blog

JULY 30, 2024

Here is another one. CSS amc non disclosure of appraisal fees. One can not even just casually surf anything amc and appraiser signup related, without having this exact same policy always put forth. Except for NY. Consumers there have legal protections. The rest of the country enjoying honest and transparent billing practices with amc’s? Keep dreaming.

Appraisal 98

Appraisal 98

Law 360 M&A

JULY 30, 2024

Healthcare transaction notification laws at various stages of implementation in California, Illinois, Indiana, Oregon and Washington are shaping sector mergers and acquisitions, with significant transparency, continuity of care and compliance implications as providers tackle complex regulatory requirements, says Melesa Freerks at DLA Piper.

Compliance 96

Compliance 96

Appraisers Blog

JULY 30, 2024

In reply to Mike Ford, AGA™. Just reread that. Still an excellent analysis six years later. These are the final hours in the industry. One last push for a string of your articles? You have been among the best most informed writers the appraisal industry has known in recent history. Thank you.

Appraisal 91

Appraisal 91

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

JPAbusiness

JULY 30, 2024

Business valuation is not an exact science and nor is it a simple science. However there are some factors that should always be considered when assessing a business’ value. They are: repeatability of current earnings availability of information on the business’ performance and business model point of difference and competitive advantage. We've created the following infographic to help you get started on assessing the value of a potential purchase opportunity.

Business Valuation 80

Business Valuation 80

Appraisers Blog

JULY 30, 2024

CFPB final rule on AVM’s. [link] They will all investigate themselves, to determine their proprietary black box avm products are working as intended. Meet your new new new robotic avm reviewer. Officially sanctioned by the CFPB. They wrote specifically this will be an acceptable substitute for human appraisers, and also for review purposes. 190 pages but the second half is mostly fluff.

Appraisal 91

Appraisal 91

Mckinsey and Company

JULY 30, 2024

Greek shipping plays a pivotal role in global trade—and has done so for centuries. How might this sector build on its strengths for the future?

90

90

Appraisers Blog

JULY 30, 2024

Four days left to comment. Just copy mine if you have not written one yourself. [link] There is like 400 something letters now. Hundreds of them appear to be some pre written form letter from the title industry.

90

90

Reynolds Holding

JULY 30, 2024

Regulation Fair Disclosure (Reg FD) attempts to level the playing field for investors, stating that any “informational edge” should be due to investors’ “skill, acumen, or diligence” rather than “from their superior access to corporate insiders.” [1] However, Reg FD does not prohibit private meetings between companies and their investors, and evidence is mounting that investors gain informational advantages from these private meetings. [2] The “superior access” Reg FD aims to prevent can occur e

Compliance 100

Compliance Marketability 100

Appraisers Blog

JULY 30, 2024

Wow, now 400 comments. However a great deal of the newer comments are just a pre written copied form letter focused on title agency and their fees. Looks like a group email got around with that sector. This one is interesting; [link] Suggestions regarding the cost of appraisals: The New England Associations would also like the Bureau to consider itemizing the cost of an appraisal.

Appraisal 90

Appraisal 90

Equidam

JULY 30, 2024

Multiples are the cornerstone for understanding the share pricing for companies of all sizes, from pre-seed startups in emerging sectors, to the largest public companies in legacy industries. They’re most well known for pricing analysis on publicly traded companies, where investors will use multiples for comparative analysis. Imagine comparing products in the supermarket, where different box sizes and a range of pricing may make it hard to determine the value; labels that give you the price per

EBITDA 67

EBITDA Terminal Value Marketability Equity 67

Appraisers Blog

JULY 30, 2024

In reply to Baggins. That’s very kind of you. Thank you. Not a final push. I’m just catching my breath. Many of the things we need to do will never happen under any DEI driven administration.

87

87

Mckinsey and Company

JULY 30, 2024

Lower- and middle-income countries can build on investments in ad hoc digital health solutions to transition to more-inclusive, digitally enabled health systems to improve health equity and outcomes.

Equity 66

Equity 66

Appraisers Blog

JULY 30, 2024

My letter: Hopefully will be visible soon. Please copy and paste as your own letter if wanted. I submitted anonymously. Moderator, if possible please post this as a stand alone article with one last call to action asking appraisers to copy and submit if they have not already wrote their own unique letters. Don’t forget the comment link. The comment submission deadline is this Saturday 08/03/2024.

Appraisal 87

Appraisal Marketability 87

Gross Mendelsohn

JULY 30, 2024

Nonprofits that receive federal funds need to comply with the stringent requirements associated with government funding.

75

75

Appraisers Blog

JULY 30, 2024

In reply to Eric Kretz. Thanks, appreciated. This was the online video about mescal production that sparked my interest. Super interesting, traditional production methods.16 min. How traditional mescal is harvested and produced locally.

Appraisal 86

Appraisal 86

Benzinga

JULY 30, 2024

TORONTO, July 30, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX: STCK ) is pleased to announce that Canva, Inc. ("Canva"), an existing portfolio holding, has acquired Leonardo.Ai ("Leonardo"), a generative AI content and research startup. Leonardo's platform combines ease of use and power to produce stunning images ranging from hyper-realistic photos to character portraits, anime, painterly styles, and more.

Technology 59

Technology 59

Appraisers Blog

JULY 30, 2024

In reply to Baggins. It looks like you covered everything, including my wire fraud observation. We (appraisers) owe you a bottle of mescaline… only to be used when you have two to four weeks off to prepare for reentry.

Appraisal 84

Appraisal 84

Sun Acquisitions

JULY 30, 2024

Business selling often culminates in years of hard work, dedication, and sacrifice. Yet, for many entrepreneurs, the journey doesn’t end with the sale—it merely enters a new chapter. Transitioning leadership and operations smoothly following the sale of a business is crucial not only for the success of the new owners but also for the well-being of the seller and the legacy they’ve built.

Start-ups 59

Start-ups 59

Appraisers Blog

JULY 30, 2024

In reply to Retired Appraiser. I’ve often written up reports half asleep or sometimes hung over but do not recall ever tripping on hallucinogens as providing a helpful accompaniment conducive to better defensible appraisal reports. Ha! That’s a good one. Jokes for days which never end. That’s my life. Here, read this. I finally wrote the CFPB letter on amc billing.

Appraisal 83

Appraisal 83

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. However, with the rise of AI-powered tax technology and increasing client expectations , forward-looking accounting firms are evolving beyond tax compliance to offer year-round, value-added services that capitalize on their unique expertise and address their clients’ overall financial well-being.

Accounting Firms 52

Accounting Firms Compliance Technology 52

Appraisers Blog

JULY 30, 2024

In reply to Pat. Pat that’s in the second link from the post above. Just scroll down to the amc’s terms and conditions. It’s extra ordinarily easy to read and prove offensive amc policies. They literally all have the same non disclosure policies. [link] It’s no secret and the amc industry has gotten away with this unearned fee junk fee rake billing scheme for twenty years already.

Appraisal 83

Appraisal 83

Law 360 M&A

JULY 30, 2024

Two legal tag teams have pitched competing bids to lead a Delaware Court of Chancery suit aimed at World Wrestling Entertainment Inc. and its $21.4 million merger with Ultimate Fighting Championship, with one stressing the depth of its complaint and the other, in part, stressing depth of experience in pressing sexual misconduct claims.

52

52

Appraisers Blog

JULY 30, 2024

To put it another way, these idiots are saying that the contract price is the number the banks should base their decision on funding a mortgage. But has that ever happened? I don’t think so and why is that? Because the world still adheres to the “Constitution of Appraising,” the “Bill of Appraising Rights.” Because appraisers and appraisals stand in the way of cheating, gouging, corruption, etc.

Appraisal 82

Appraisal Banking 82