Harvard Corporate Governance

JULY 16, 2022

Posted by Maia Gez, Era Anagnosti, and Taylor Pullins, White & Case LLP, on Sunday, July 17, 2022 Editor's Note: Maia Gez , Era Anagnosti , and Taylor Pullins are partners at White & Case LLP. This post is based on a White & Case memorandum by Ms. Gez, Ms. Anagnosti, Mr. Pullins, Colin Diamond , Scott Levi , and Melinda Anderson. The regulatory landscape for ESG disclosure by U.S. public companies faces potentially dramatic changes, with the Securities and Exchange Commission (“SEC”)

324

324

Viking Mergers

JULY 19, 2022

Last week, CNBC announced that North Carolina has nabbed the #1 spot in America’s Top States for Business. We’ve always been in the hunt, placing a close 2nd last year and rarely finishing outside of the top 10 since the study’s inception in 2007, but this turned out to be North Carolina’s year to outshine the rest. CNBC’s feature article credits North Carolina’s bi-partisan politics as this year’s difference-maker.

Banking 130

Banking Marketability 130

Mckinsey and Company

JULY 20, 2022

Growing competition in online education suggests providers may need to take bold action. Five strategic moves could help them compete and grow while meeting the needs of learners.

120

120

ThomsonReuters

JULY 21, 2022

QUESTION: Our company currently offers a general-purpose health FSA. If we switched to an HDHP/HSA, could our employees receive tax-free reimbursements for the same types of expenses from their HSAs? ANSWER: Yes, and they might acquire a few additional options. Like health FSAs, HSAs can provide tax-free reimbursement of out-of-pocket expenses for medical care as defined in Code § 213(d).

105

105

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 17, 2022

Posted by Rusty O'Kelley, Rich Fields, and Laura Sanderson, Russell Reynolds Associates, on Sunday, July 17, 2022 Editor's Note: Rusty O’Kelley co-leads the Board and CEO Advisory Partners in the Americas, Rich Fields leads the Board Effectiveness practice, and Laura Sanderson co-leads the Board and CEO Advisory Partners in Europe at Russell Reynolds Associates.

310

310

Financial Times M&A

JULY 19, 2022

Government to offer €12 per share to investors to take full control of power group

145

145

Global Finance

JULY 21, 2022

At least 25 companies that merged with SPACs issued warnings indicating doubt about their potential viability and more than 35 corporations associated with SPACs are trading below Nasdaq’s $1 listing threshold.

98

98

Harvard Corporate Governance

JULY 22, 2022

Posted by Katie LaVoy, Sidley Austin LLP, on Friday, July 22, 2022 Editor's Note: Katie LaVoy is Counsel at Sidley Austin LLP. This post is based on a Sidley memorandum by Ms. LaVoy and Ben Cross. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Bebchuk and Roberto Tallarita (discussed on the Forum here ); For Whom Corporate Leaders Bargain (discussed on the Forum here ) and Stakeholder Capitalism in the Time of

Compliance 275

Compliance Equity 275

Benzinga

JULY 22, 2022

‘Whatever you say bounce off me and sticks to you,’ is the rest of that riposte, and what the Tesla Inc (NASDAQ: TSLA ) Chief Executive, Elon Musk , said in response to Twitter Inc (NYSE: TWTR ) blaming him (in part) for its missed earnings report on Friday. I'm rubber, they're glue. — Elon Musk (@elonmusk) July 22, 2022.

Marketability 98

Marketability 98

Mckinsey and Company

JULY 18, 2022

Electrification brings major value creation opportunities for industrial companies across the value chain—from integrators to raw-material suppliers—but also requires timely actions and investments.

103

103

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

Benchmark Report

JULY 22, 2022

Benchmark International is pleased to announce the successful transaction between TruePoint Laser Scanning and Ground Penetrating Radar Systems (GPRS). TruePoint is an industry leader in 3D laser scanning and computer-aided design, working on projects concerning historical documentation, stadiums, theaters, power plants, construction, and architectural documentation.

Banking 98

Banking 98

Harvard Corporate Governance

JULY 20, 2022

Posted by Robert Eccles (Oxford University), and Kazdi Soonawalla (Oxford University), on Wednesday, July 20, 2022 Editor's Note: Robert G. Eccles is Visiting Professor of Management Practice, and Kazdi Soonawalla is a Senior Research Fellow in Accounting at Oxford University Said Business School. This post is based on the first part of a three-part series on financial reporting by Professor Eccles and Professor Soonawalla.

268

268

Benzinga

JULY 22, 2022

Vince McMahon , the longtime head of Word Wrestling Entertainment (NYSE: WWE ), is retiring. The announcement comes just weeks after the Stamford, Connecticut-based company disclosed an investigation into his alleged sexual misconduct against former WWE employees. Here's McMahon's prepared statement ( per Variety ): “As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE.

98

98

Mckinsey and Company

JULY 21, 2022

Pharma companies in Japan have an opportunity to obtain value from real-world evidence using advanced analytics and to better ensure patient outcomes.

108

108

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

Law 360 M&A

JULY 22, 2022

Swedish information technology giant Ericsson has completed its $6.2 billion acquisition of U.S. internet phone service provider Vonage Holdings Corp., with Freshfields Bruckhaus Deringer advising on the deal.

Technology 98

Technology 98

Harvard Corporate Governance

JULY 18, 2022

Posted by Anna Restuccia (Harvard Law School), on Monday, July 18, 2022 Editor's Note: This post provides the text of the response filed July 15, 2022, by Elon Musk to the Twitter complaint (discussed on the Forum here ). This post is part of the Delaware law series ; links to other posts in the series are available here. IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE.

252

252

Benzinga

JULY 22, 2022

Vertical integration in the cannabis industry is one of the most debated topics of the day across the sector. As part of America's piecemeal approach to state-level legalization, states can choose their regulations. In most cases, vertical integration is allowed, with some states requiring separate licenses to integrate vertically. Not so cut-and-dried to most, the business model offers numerous benefits and drawbacks.

Marketability 98

Marketability 98

Mckinsey and Company

JULY 19, 2022

Effective capability building programs enable organizations to develop the mindsets, behaviors, and skills needed to power a transformation and achieve their full potential. McKinsey senior partner Kevin Carmody talks about the importance of building capabilities in frontline workers and their role in the success of a company’s transformation.

102

102

Internal Audit 360

JULY 20, 2022

GUEST BLOG: O ne of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk.” No. It’s a business risk. That is easy to say, and it makes all the sense in the world. However, people tend to apply it only when talking about the fact that the whole organization, the entire business, has to be involved in preventing and then responding to a breach.

Compliance 98

Compliance Start-ups Technology 98

Harvard Corporate Governance

JULY 21, 2022

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Thursday, July 21, 2022 Editor's Note: Subodh Mishra is Managing Director at Institutional Shareholder Services, Inc. This post is based on an ISS memorandum by Fassil Michael, Head of Thought Leadership for ISS Governance. 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 ; Will Nasdaq’

227

227

Benzinga

JULY 22, 2022

Citi group has initiated coverage on GSK plc's (NYSE: GSK ) consumer healthcare spin-off Haleon Plc (NYSE: HLN ) with a Buy rating and a price target of 360p. "We see the company as the best vehicle to play the secular attractions of Consumer Health, facilitated by Haleon's scale and its exposure to staples segments where it can more easily.

98

98

Mckinsey and Company

JULY 18, 2022

This role expanded during the pandemic to encompass many facets of health and well-being. Now companies must clearly define its responsibilities to support business strategy.

97

97

Rhythm Systems

JULY 20, 2022

The best companies are already starting their Annual Strategic Planning process for 2023. They're engaging in pre-planning activities like. budgeting , brainstorming, gathering data and insights, and scheduling time for the team to hash out any major decisions. We don't have a crystal ball, but we can be confident that the year ahead will hold plenty of. uncertainty as there are so many factors outside of our control - what will happen with the economy, the war in Ukraine, new COVID-19 variants,

98

98

Harvard Corporate Governance

JULY 18, 2022

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Monday, July 18, 2022 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services, Inc. This post is based on a publication by Clare Bartram, ESG Specialist, Modern Slavery; Marie-Anaïs Meudic-Role, Associate, Norm-Based Research; Abigail Kyla Antonio, Analyst, Norm-Based Research; and Thiago Toste, Senior Associate, ESG Methodology Lead, Norm-Based Research at ISS ESG, the responsible i

233

233

Benzinga

JULY 20, 2022

A leading gaming, lifestyle and media brand is hitting the public market Wednesday after completing a SPAC merger. Here’s what investors should know about FaZe Clan and its public listing. What Happened: A SPAC merger announced between FaZe Clan (NASDAQ: FAZE) and B. Riley Principal 150 Merger Corp (NASDAQ: BRPM ) in October has been completed.

Marketability 98

Marketability 98

Mckinsey and Company

JULY 21, 2022

Dalia Feldheim says managers and executives, regardless of gender, can combat widespread burnout by embracing conventionally feminine leadership traits.

117

117

ThomsonReuters

JULY 19, 2022

A new national research study that analyzed the impact of same-day pay showed that, among other things, over 60% of working Americans think that all employers should offer their employees immediate access to their daily earned wages. Pay frequency. Most employers pay their employees’ wages for services performed within one of the following frequencies: weekly, bi-weekly, semi-monthly, and monthly.

Start-ups 98

Start-ups Treasury Banking Technology 98

Harvard Corporate Governance

JULY 17, 2022

Posted by Cydney Posner, Cooley LLP, on Sunday, July 17, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. The SEC has posted its Spring 2022 Reg-Flex agenda and it’s crammed with pending and new rulemakings—and they’re all going to be proposed or adopted in October! (Ok, admittedly, that’s an exaggeration, but not much of one.

Marketability 233

Marketability Technology 233

Benzinga

JULY 19, 2022

Delaware Court of Chancery Judge Kathaleen McCormick granted a motion from Twitter Inc (NYSE: TWTR ) Tuesday seeking an expedited trial in the company's lawsuit against Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk, which aims to force him to follow through on a buyout of the social media platform. What Happened: McCormick ruled in favor of an expedited five-day trial to take place in October after a hearing conducted via teleconference Tuesday.

98

98

Mckinsey and Company

JULY 22, 2022

Forthcoming chemical-substance regulations will add significant complexity for the packaging industry. Being proactive in developing a cross-functional master plan can provide clarity and a route to managing this uncertainty.

96

96

Benchmark Report

JULY 21, 2022

Benchmark International is delighted to announce the acquisition of Manchester-based Hargreaves Jones by London-based CCi. Established in 2005, Hargreaves Jones is a consultancy providing commercial and project management services to clients primarily in the large-scale infrastructure sectors including nuclear decommissioning, electricity generation and distribution, oil and gas, green energy generation, transportation, and manufacturing both in the UK and internationally.

98

98

Harvard Corporate Governance

JULY 21, 2022

Posted by Andrew F. Tuch (Washington University in St. Louis) , on Thursday, July 21, 2022 Editor's Note: Andrew F. Tuch is Professor of Law at Washington University in St. Louis. This post is based on his comment letter submitted to the SEC. Related research from the Program on Corporate Governance includes SPAC Law and Myths (discussed on the Forum here ) by John C.

Finance 220

Finance Appraisal 220

Appraisers Blog

JULY 22, 2022

To establish an independent agency to be known as the Federal Valuation Agency that would oversee the appraisal industry in the name of “equity.” VaCAP has been informed of a Discussion Draft of a Bill introduced into the US House of Representatives that will directly impact every appraiser, appraiser trainee, appraisal firm, and appraisal management company.

Appraisal 98

Appraisal Equity 98

Mckinsey and Company

JULY 18, 2022

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers.

103

103