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 274

Finance Compliance 274

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

Mckinsey and Company

JULY 24, 2024

By moving from information to action—think virtual coworkers able to complete complex workflows—the technology promises a new wave of productivity and innovation.

Technology 145

Technology 145

NYT M&A

JULY 7, 2024

The deal, approved by Paramount’s board, ushers in a new chapter for the company, which owns CBS and the movie studio behind “Top Gun.

Mergers & Acquisitions 143

Mergers & Acquisitions 143

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

Benzinga

JULY 8, 2024

Carlsberg' s (CARL-B.CO) recent $4.3 billion acquisition of Britvic , known for Robinsons squash and J20 , highlights a strategic pivot for the Danish brewer. The deal will create a new entity, Carlsberg Britvic , to enhance its footprint in the UK and Western Europe. Following a previously rejected lower offer, Britvic investors will receive £13.15 per share.

Marketability 132

Marketability 132

Value Scope

JULY 31, 2024

FedScope, Vol. 24 No. 7 By: Thomas Rizzo US Economy: Inflation The Consumer Price Index (CPI), a key inflation gauge, rose 3.0% year over year in June, down from 3.3% in May. Economic Growth: Real Gross Domestic Product (GDP), increased at a 2.8% annual rate in the second quarter of 2024, which was greater than the 2.1% expected. Labor Market: Monthly job growth remains strong, unemployment has increased to 4.1% in June, and job openings have fallen slightly to 8.2 million.

Marketability 130

Marketability 130

IVSC

JULY 11, 2024

The IVSC has published its 2024 Agenda Consultation, aiming to shape the future of the International Valuation Standards (IVS). This triennial consultation invites stakeholders to provide their input on key valuation topics that are crucial for the ongoing development IVS. Purpose of the Consultation The Agenda Consultation seeks to gather feedback from a wide range of stakeholders, including valuation practitioners, Valuation Professional Organisations, (VPOs), financial institutions, investors

Technology 189

Technology Intangible Assets Business Valuation 189

Mckinsey and Company

JULY 16, 2024

Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

Technology 145

Technology 145

NYT M&A

JULY 22, 2024

Wiz’s chief executive said the company walked away from a “humbling offer” and would pursue an initial public offering instead.

Start-ups 141

Start-ups Mergers & Acquisitions 141

Benzinga

JULY 8, 2024

Media company Paramount Global (NASDAQ: PARA ) agreed to a merger with Skydance Media to form "New Paramount," valuing the combined company at $28 billion. Here's a look at what analysts are saying and how Paramount Non-Executive Chairwoman Shari Redstone sees the deal playing out. What Happened: After months of negotiation, Paramount and Skydance have come to a merger agreement to combined the media entities.

131

131

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

Value Scope

JULY 26, 2024

By: Brent Shockley, Principal The 2024 Summer Olympic games officially begin today and run through Sunday, August 11 th. The opening ceremony will feature over 10,000 athletes aboard over 90 boats floating down the Seine River in Paris at 7:30pm local time and 1:30pm Eastern US time. A few sports, such as football (soccer in the US), got an early start to their opening rounds on Wednesday, July 24 th.

Marketability 130

Marketability 130

Harvard Corporate Governance

JULY 31, 2024

Posted by Heidi Welsh, Sustainable Investments Institute, on Wednesday, July 31, 2024 Editor's Note: Heidi Welsh is the Executive Director at the Sustainable Investments Institute (SI2). This post is based on her recent Si2 memorandum. Shareholder proponents who do not support limiting corporate environmental impacts, promoting diversity, or providing investors with more ESG disclosure flooded this year’s corporate annual meeting agendas.

Equity 284

Equity 284

IVSC

JULY 1, 2024

Advocating for the Adoption of International Valuation Standards within the Legal Community As a globally recognised standard-setting body, the IVSC is dedicated to developing and promoting consistent, high-quality valuation practices worldwide. Our mission is to ensure that valuations are reliable, transparent, and universally applicable, fostering confidence and trust across financial markets and diverse sectors.

Compliance 130

Compliance Finance Marketability 130

Mckinsey and Company

JULY 18, 2024

In a new survey, CFOs report a growing focus on longer-term planning and high expectations for technology, including generative AI.

Finance 145

Finance Technology Corporate Finance 145

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

NYT M&A

JULY 26, 2024

In its first detailed response to a legal challenge, the agency said TikTok’s proposed changes wouldn’t prevent China from using it to collect U.S. users’ data or spread propaganda.

Mergers & Acquisitions 141

Mergers & Acquisitions 141

Global Finance

JULY 31, 2024

Mastercard has issued a call to action for financial technology companies to solve financial issues in the Caribbean. In return, Mastercard offers expertise in complying with regional regulations, market entrance and the ability to license and certify products. “We’re more a network that enables various fintech to introduce new products into the market within the context of local regulations,” Mastercard’s country manager for Barbados, Jamaica, Trinidad & Tobago and the Eastern Caribbean, Da

Banking 117

Banking Compliance Technology Finance 117

Benzinga

JULY 11, 2024

SoftBank Group Corp. (OTC: SFTBF ) (OTC: SFTBY ) led by has announced the acquisition of Graphcore , a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities. What Happened : SoftBank, led by Masayoshi Son , has acquired Graphcore, a startup focused on AI, founded by UK semiconductor industry veterans in 2016. The acquisition is part of SoftBank’s multibillion-dollar AI push and will position Graphcore alongside chip designer Arm Holdings PLC (NASDAQ:

Equity 114

Equity Marketability 114

Harvard Corporate Governance

JULY 1, 2024

Posted by Subodh Mishra, ISS STOXX, on Monday, July 1, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. This post is based on an ISS-Corporate memorandum by Alyce Lomax and is part of the Delaware law series ; links to other posts in the series are available here. Key Takeaways A Delaware judge’s decision to void $55.8 billion in compensation for Elon Musk was a noteworthy event for shareholders and corporate issuers, not only regarding compensation, but also th

283

283

The Guardian M&A

JULY 22, 2024

The UK has a huge problem with monopolies – yet taking conglomerates apart is not as hard as you might think When British farmers protested outside the Houses of Parliament earlier this year, they sent 49 scarecrows , after a survey had found that 49% of UK fruit and vegetable farmers said they expected to go bust within a year. The scarecrows stood in for real farmers, who are mostly too afraid to speak out.

111

111

Mckinsey and Company

JULY 31, 2024

Cooperation from all stakeholders can drive Iberian decarbonization through electrification and renewables deployment. Here we discuss the ambition, challenges, and potential unlocks for Spain.

143

143

NYT M&A

JULY 2, 2024

Just weeks after the two media companies scuttled their talks about a potential deal, they have resumed their conversations.

Mergers & Acquisitions 141

Mergers & Acquisitions 141

Global Finance

JULY 25, 2024

Oman is on course to become the first Gulf Cooperation Council (GCC) state to introduce a personal income tax as the sultanate ramps up efforts to boost revenue and diversify its economy away from hydrocarbons. The draft law, approved by Oman’s Parliament in July, has been sent to the State Council for final approval, a decision analysts say is highly anticipated.

Finance 114

Finance Marketability 114

Benchmark Report

JULY 1, 2024

When is the right time to put your company on the market? Many business owners struggle with this question. It's a difficult decision involving many complexities, but it doesn't have to be that complicated. There is one simple rule for any business owner to live by: ALWAYS have your company in the best position to be sale-ready.

Marketability 111

Marketability Equity 111

Harvard Corporate Governance

JULY 22, 2024

Posted by Lucia Song, Equilar, Inc., on Monday, July 22, 2024 Editor's Note: Lucia Song is a Research Analyst at Equilar, Inc. This post is based on her Equilar memorandum. Say on Pay continues to exert significant influence on corporate governance, compelling companies to reassess and adjust their executive compensation practices in response to shareholder feedback.

271

271

The Guardian M&A

JULY 7, 2024

Three more freight flights to go this month as parent company CEO Martin Seidenberg pursues ‘transformation’ The boss of Royal Mail’s parent company has said the company will push on with a “transformation” of the group despite its £3.57bn takeover, as the delivery company prepares this month to cut more daily freight flights. Martin Seidenberg, the chief executive of International Distribution Services, plans “the biggest network change in 20 years” to revamp Royal Mail’s deliveries, despite un

109

109

Mckinsey and Company

JULY 26, 2024

Will middle managers survive the latest bout of disruption and delayering? Should they?

143

143

NYT M&A

JULY 10, 2024

When the private equity firm Carlyle bought Beautycounter, the skin care brand that people sold at kitchen tables, everything changed.

Private Equity Firm 140

Private Equity Firm Equity Mergers & Acquisitions 140

Global Finance

JULY 25, 2024

The Philippines is looking to Japan to partially finance its ballooning debt as Manila moves to strengthen ties between the two countries. The Department of Finance (DoF) says it is exploring issuing yen-denominated, or samurai bonds alongside or in place of conventional US-dollar bond issuance. Government debt has mushroomed in recent years, hitting 15.3 trillion pesos—around $264 billion in May—according to Bureau of the Treasury estimates.

Treasury 112

Treasury Finance Banking Marketability 112

ThomsonReuters

JULY 2, 2024

The recent surge in artificial intelligence advancements has started to transform the professional services industry, and corporate tax departments are no exception. Generative Artificial Intelligence ( GenAI ) presents a game-changing opportunity to transform corporate tax operations by enhancing human capabilities and driving strategic decision-making.

Compliance 109

Compliance Start-ups Technology 109

Harvard Corporate Governance

JULY 14, 2024

Posted by Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Sunday, July 14, 2024 Editor's Note: Matt DiGuiseppe is Managing Director at the Governance Insights Center, PricewaterhouseCoopers LLP. This post is based on his PwC memorandum. Part I: Introduction Shareholder activism today The nature of shareholder activism, the key players, their preferred methods and their typical targets all tend to shift along with investment and business trends.

Marketability 256

Marketability 256

N Contracts

JULY 23, 2024

Measuring business continuity risk is crucial for protecting your financial institution from operational, financial, and reputational damage. When you understand your level of business continuity risk, you can determine if you're comfortable with that risk or need to enhance your preparedness. This applies whether you're quantifying risk for the first time or monitoring changes in your risk exposure.

105

105

Mckinsey and Company

JULY 12, 2024

The offshore wind industry is facing macroeconomic pressures that are halting growth and profitability. Developers can embrace four key actions to help navigate this changing environment.

142

142

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 139

Mergers & Acquisitions 139

Global Finance

JULY 17, 2024

In this two-part feature on the economics of the Summer Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games’ organizing committee is taking to ensure fiscal responsibility.

Start-ups 111

Start-ups Finance Marketability 111