Sat.Oct 14, 2023 - Fri.Oct 20, 2023

article thumbnail

Standardization and Innovation in Venture Capital Contracting: Evidence from Startup Company Charters

Harvard Corporate Governance

Posted by Robert Bartlett (Stanford Law School), on Tuesday, October 17, 2023 Editor's Note: Robert Bartlett is the W. A. Franke Professor of Law and Business and faculty co-director of the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford Law School. This post is based on his recent paper. In 2003, a group of approximately two dozen lawyers specializing in venture capital (VC) finance embarked on a mission to standardize the financing documents utilized by VC firms for inve

Finance 307
article thumbnail

Rite Aid Files for Bankruptcy, Facing Slumping Sales and Opioid Suits

NYT M&A

The pharmacy chain, one of the country’s largest, faces more than a thousand lawsuits that say it filled illegal prescriptions for painkillers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Leveraging generative AI in Europe: The opportunities and challenges

Mckinsey and Company

What makes Europe different when it comes to harnessing the opportunities of gen AI? Our leaders share their perspectives.

145
145
article thumbnail

Bain Capital’s ambitions to create US-Japan chip champion in jeopardy

Financial Times M&A

Kioxia and Western Digital merger opposed by South Korean chipmaker SK Hynix

129
129
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

Boards Confront Evolving Risks and Pressures During Another Disruptive Year

Harvard Corporate Governance

Posted by Amy Rojik, BDO, on Sunday, October 15, 2023 Editor's Note: Amy Rojik is Director and Founder of the BDO Center for Corporate Governance. This post is based on her BDO memorandum. Amid ongoing volatility, boards are continuing to address an evolving risk landscape and contend with pushback on how environmental, social, and governance (ESG) risk factors should be addressed.

252
252
article thumbnail

Exxon Mobil’s Pioneer Deal Is a Direct Threat to Democracy

NYT M&A

By doubling down on fossil fuels, Exxon Mobil is choosing to profit through the most harmful way to the rest of us.

More Trending

article thumbnail

Japan’s acute labour shortages fuel a long-awaited domestic consolidation

Financial Times M&A

A series of so-called ‘acqui-hires’ are a sign of changing dynamics in Japanese dealmaking

123
123
article thumbnail

Directors: Take Activist Threats to Your Reputation with a Grain of Salt

Harvard Corporate Governance

Posted by Patrick Ryan, Lex Suvanto, Edelman Smithfield, on Wednesday, October 18, 2023 Editor's Note: Patrick Ryan is a Senior Vice President and Lex Suvanto is a Managing Partner at Edelman Smithfield. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

227
227
article thumbnail

London bus operator Arriva bought by US private equity firm

The Guardian M&A

Deutsche Bahn offloads company to I Squared in deal worth £1.4bn, three years after putting it up for sale Germany’s terrible trains are no joke for a nation built on efficiency The London red bus operator Arriva has been snapped up by US infrastructure investor I Squared in a deal believed to be worth about €1.6bn (£1.4bn). Arriva was put up for sale in 2019 by its German owner, Deutsche Bahn, which had originally sought to offload the company to reduce its own debts.

article thumbnail

Global Economics Intelligence executive summary, September 2023

Mckinsey and Company

Some leading indicators improved, though outlook still fragile; confidence stable but consumers lean toward saving; inflation and trade volumes continue downward trend.

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

Jim Ratcliffe and the uphill task to transform Manchester United

Financial Times M&A

Ineos founder looks to secure minority stake in club and take control of football decisions as unconventional deal nears

111
111
article thumbnail

2024 U.S. Proxy Season: Proxy Voting, Governance, and ES Matters

Harvard Corporate Governance

Posted by Laura D. Richman, Mayer Brown LLP, on Monday, October 16, 2023 Editor's Note: Laura D. Richman is a Counsel at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Ms. Richman, Jennifer J. Carlson , Lawrence A. Cunningham , Anna T. Pinedo , and David A. Schuette. Proxy Voting Matters SHAREHOLDER PROPOSALS Shareholder Proposals in the 2023 Proxy Season.

article thumbnail

EY US and AuditBoard Announce Expansion of Alliance to Empower Businesses to Better Manage Risks

Audit Board

New service offerings leverage AuditBoard’s connected risk platform and EY’s solutions to address dynamic risk assessment and controls testing needs for enterprises. LOS ANGELES, CA - October 19, 2023 – AuditBoard, the leading cloud-based platform transforming audit, risk, IT security, and ESG management, today announced the expansion of their existing alliance with Ernst & Young LLP (EY US) to provide powerful new joint offerings for internal audit and IT audit teams.

article thumbnail

Author Talks: Ron Shaich shares leadership lessons on what matters most and why

Mckinsey and Company

Ron Shaich, founder of Panera Bread and Au Bon Pain, explains why discovery, innovation, and transformation pave the way to success.

138
138
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

Are you ready? The Corporate Transparency Act becomes effective Jan 1, 2024

ThomsonReuters

Jump to: Who does the Corporate Transparency Act affect? Who needs to file Beneficial owners Company applicants When do reports need to be filed for the Corporate Transparency Act? The Corporate Transparency Act’s impact on tax and accounting professionals Implementation and compliance challenges Embracing the Corporate Transparency Act The Corporate Transparency Act (CTA), enacted in 2021, was passed to enhance transparency in entity structures and ownership to combat money launde

article thumbnail

Rethinking Acting in Concert: Activist ESG Stewardship is Shareholder Democracy

Harvard Corporate Governance

Posted by Dan W. Puchniak (Yong Pung How School of Law), and Umakanth Varottil (National University of Singapore), on Thursday, October 19, 2023 Editor's Note: Dan W. Puchniak is a Professor at Yong Pung How School of Law, Singapore Management University and an ECGI Research Member, and Umakanth Varottil is an Associate Professor at the Faculty of Law, National University of Singapore and an ECGI Research Member.

article thumbnail

AuditBoard Announces AI and Analytics Capabilities

Audit Board

Purpose-built extensions allow Audit, Risk, and Compliance teams to leverage transformative automation and data insights to manage risk more efficiently. LOS ANGELES, October 18, 2023 - AuditBoard , the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today revealed powerful new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks.

B2B 111
article thumbnail

Green energy in Africa presents significant investment opportunities

Mckinsey and Company

It is possible to address Africa’s large and growing energy needs while simultaneously transitioning to sustainable energy production on the continent.

Equity 136
article thumbnail

US oil and gas finds warmer welcome in capital markets

Financial Times M&A

IPOs and bond issuance revive after recent run-up in commodity prices

article thumbnail

The Social Costs (and Benefits) of Dual-Class Stock

Harvard Corporate Governance

Posted by Gregory H. Shill (University of Iowa), on Monday, October 16, 2023 Editor's Note: Gregory H. Shill is a Professor of Law at the University of Iowa College of Law. This post is based on his recent paper. Related research from the Program on Corporate Governance includes The Untenable Case for Perpetual Dual-Class Stock (discussed on the Forum here ), The Perils of Small-Minority Controllers (discussed on the Forum here ), and Keynote Presentation on The Lifecycle Theory of Dual-Clas

Equity 225
article thumbnail

Overcoming Recency Bias in Uncertain Markets

N Contracts

Basketball fans may know the “hot hand” theory. When a player hits several consecutive shots, conventional wisdom suggests their team should keep feeding that player the ball.

article thumbnail

New silicon carbide prospects emerge as market adapts to EV expansion

Mckinsey and Company

Rising electric-vehicle adoption is boosting demand for crucial silicon carbide power electronics components. How can semiconductor players, automotive OEMs, and others create value amid disruption?

article thumbnail

Jim Ratcliffe closes in on deal for Manchester United stake

Financial Times M&A

Withdrawal of Sheikh Jassim bid clears path for minority investment from Ineos founder

111
111
article thumbnail

Statement by Commissioner Uyeda on Final Rules Regarding Short Sale Activity

Harvard Corporate Governance

Posted by Mark T. Uyeda, U.S. Securities and Exchange Commission, on Saturday, October 14, 2023 Editor's Note: Mark T. Uyeda is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

218
218
article thumbnail

IRS Changes Threshold for Mandatory e-Filing

Redpath

October 18, 2023 – The IRS recently introduced new requirements that will reduce the threshold for mandatory e-filing of certain information returns and forms. This change will affect many organizations that have historically paper filed. In addition, the threshold will be an aggregate number of forms instead of being based on a specific form type. Filers should review the new regulations and how they might impact your organization.

105
105
article thumbnail

Leadership rundown: How US healthcare leaders are scaling innovation and transformation

Mckinsey and Company

Healthcare organizations are exploring ways to use data, analytics, and AI to drive and scale innovation and transformation.

132
132
article thumbnail

Albemarle abandons Australian lithium deal after Gina Rinehart builds stake

Financial Times M&A

US company has walked away from a $4.

109
109
article thumbnail

Statement by Chair Gensler on Final Rules Regarding Short Sale Activity

Harvard Corporate Governance

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Saturday, October 14, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Equity 218
article thumbnail

2023 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

Machen McChesney

Here are some key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

105
105
article thumbnail

Change management will be critical to implementing generative AI

Mckinsey and Company

Louise Herring, a partner based in London who co-leads McKinsey’s Analytics Academy in Europe, outlines why the extent to which companies can generate impact from generative AI could depend on their ability to manage change effectively.

132
132
article thumbnail

IT services group Atos appoints Mustier as chair

Financial Times M&A

Appointment of former UniCredit boss at indebted French tech company casts doubt over restructuring plans

108
108
article thumbnail

Securities Law Precedents, Legal Liability, and Financial Reporting Quality

Harvard Corporate Governance

Posted by Allen Huang (Hong Kong University of Science and Technology), on Wednesday, October 18, 2023 Editor's Note: Allen Huang is ​a Professor of Accounting at Hong Kong University of Science and Technology. This post is based on an article forthcoming in Review of Finance by Professor Huang, Benedikt Franke, Reeyarn Zhiyang Li, and Hui Wang. In the U.S., securities class actions (SCAs) are one of the most significant sources of legal liability for firms, allowing investors to potentially rec

Finance 210
article thumbnail

Tech Evolution: Q&A With Edwina Fitzmaurice, EY’s Global Chief Customer Success Officer

Global Finance

Global Finance Magazine - Edwina Fitzmaurice, EY’s global chief customer success officer, speaks with Global Finance about technology, innovation and customer success.

Finance 105
article thumbnail

How consumer companies outcompete: High-performing operating models

Mckinsey and Company

If your consumer company isn’t growing more profitably and innovating faster than competitors, it’s time to rewire it. Start by revamping your operating model.

131
131