Harvard Corporate Governance

MAY 4, 2024

Posted by Natalie Cooper, Bob Lamm, Deloitte LLP, and Randi Val Morrison, Society for Corporate Governance, on Saturday, May 4, 2024 Editor's Note: Natalie Cooper is Senior Manager at the Center for Board Effectiveness at Deloitte LLP; Bob Lamm is Independent Senior Advisor at the Center for Board Effectiveness at Deloitte LLP; and Randi Val Morrison is Senior Vice President and General Counsel at the Society for Corporate Governance.

284

284

Mckinsey and Company

MAY 10, 2024

As AI advances from predictive to generative capabilities, its potential to address social issues defined by the UN Sustainable Development Goals expands.

144

144

NYT M&A

MAY 5, 2024

After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors.

Mergers & Acquisitions 127

Mergers & Acquisitions Equity 127

Brian DeChesare

MAY 8, 2024

In case you’ve been offline for the past few days, it has happened yet again: An investment banker has died on the job. You can read about it in various threads on Wall Street Oasis , Reddit , eFinancialCareers , LinkedIn, and more, so I won’t repeat the full details here. In short, this banker was an Associate in the FIG team at Bank of America and had a very accomplished track record before joining the firm.

Banking 111

Banking Start-ups Finance Equity 111

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

MAY 8, 2024

Posted by Danielle Chaim (Bar-Ilan University), and Gideon Parchomovsky (Hebrew University of Jerusalem), on Wednesday, May 8, 2024 Editor's Note: Danielle Chaim is an Assistant Professor at Bar-Ilan University Faculty of Law, and Gideon Parchomovsky is Wachtell, Lipton, Rosen & Katz Chair in Corporate Law at the Hebrew University of Jerusalem and Robert G.

264

264

Mckinsey and Company

MAY 7, 2024

Cash is no longer Latin Americans’ preferred way to pay, as debit cards, credit cards, and mobile payments have gained fans, presenting opportunities for financial-services companies.

132

132

Benzinga

MAY 9, 2024

Barrick Gold ‘s (NYSE: GOLD ) CEO, Mark Bristow , believes that mergers and acquisitions do not address the impending copper shortage. In light of BHP ‘s proposed $39 billion takeover of Anglo American , Bristow advocated for mining companies to focus on discovering and developing new copper deposits rather than pursuing consolidation. "You can consolidate, but it doesn't bolster the production profile.

105

105

Harvard Corporate Governance

MAY 6, 2024

Posted by Arnaud Cavé and Niamh O’Brien, FTI Consulting, on Monday, May 6, 2024 Editor's Note: Arnaud Cavé is a Director and Niamh O’Brien is a Senior Consultant at FTI Consulting. This post is based on their FTI memorandum. With AI continuing to captivate businesses, consumers and regulators, institutional investors are also increasingly focusing their attention on the implications for the businesses in which they invest.

227

227

Mckinsey and Company

MAY 10, 2024

America’s impending semiconductor expansion depends on three labor pools that are currently under pressure. Without new action, large talent gaps will likely persist, despite current workforce development.

129

129

Machen McChesney

MAY 9, 2024

Many businesses focus on selling more products and services to boost profitability. But sales volume alone doesn’t necessarily raise profits. In fact, pushing more sales through a bloated expense structure can result in lower net profits.

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105

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

Lighter Capital

MAY 8, 2024

Whether your business is just starting to focus more heavily on product-market fit, or if the goal is to raise money so you can continue to grow, today’s market is proof that customer focus will remain a critical element in success. Whatever stage in the game you’re at, here’s some wisdom you can take to the bank: don’t get tunnel vision when raising money.

Marketability 104

Marketability Start-ups Banking 104

Harvard Corporate Governance

MAY 5, 2024

Posted by James J. Fredricks and Bora P. Rawcliffe, Skadden, Arps, Slate, Meagher & Flom LLP, on Sunday, May 5, 2024 Editor's Note: James J. Fredricks is a Partner and Bora P. Rawcliffe is Counsel at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum. On April 15, 2024, the Department of Justice’s (DOJ’s) Criminal Division unveiled a new Pilot Program on Voluntary Self-Disclosures for Individuals that offers non-prosecution agreements (NPAs) to ind

Compliance 225

Compliance 225

Mckinsey and Company

MAY 8, 2024

As generative AI begins to reshape jobs, leaders have an opportunity to reimagine work, the workplace, and the worker. Five actions can help.

144

144

Benzinga

MAY 6, 2024

Exxon Mobil Corporation (NYSE: XOM ) closed its acquisition of Pioneer Natural Resources Company last week. The merger of both companies created a combined company that has more than 1.4 million net acres in the Delaware and Midland basins and had an estimated 16 billion barrels of oil equivalent resource. With the buyout, ExxonMobil’s Permian production volume is projected to more than double to 1.3 million barrels of oil equivalent per day (MOEBD), based on 2023 volumes, and is targeted

Equity 105

Equity 105

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

Redpath

MAY 7, 2024

Saint Paul, MN (May 8, 2024) - In a significant stride towards modernization and a renewal of their commitment to remain headquartered in downtown Saint Paul, Minnesota, Redpath and Company—one of Minnesota's leading accounting firms—completed their office relocation from the Alliance Bank Center to the Securian Center. Now located at 400 Robert Street North in Suite 1600, the office move marks a pivotal moment in the company's journey, aligning with its vision for growth, innovation, and cultur

Accounting Firms 105

Accounting Firms Banking 105

Harvard Corporate Governance

MAY 9, 2024

Posted by Jonathan Brogaard (University of Utah), Nataliya Gerasimova (Norwegian Business School), and Maximilian Rohrer (Norwegian School of Economics), on Thursday, May 9, 2024 Editor's Note: Jonathan Brogaard is the Kendall D. Garff Chaired Professor in the Finance department at the University of Utah’s David Eccles School of Business. Nataliya Gerasimova is an Associate Professor of Finance at the Norwegian Business School.

Finance 210

Finance 210

Mckinsey and Company

MAY 7, 2024

How should CEOs approach corporate values? When should they speak out on contentious issues? Alison Taylor breaks down how businesses can do the right thing—even when it’s not easy to.

122

122

Appraisers Blog

MAY 9, 2024

We need to alert the public with our concerns. One large national newspaper to do a story about the possible ramifications to privacy, intended or unintended. What an uninformed homeowners tour might reveal.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 9, 2024

A Delaware Superior Court judge dismissed most insurers from a renewable energy company and its now-former CEO's action seeking coverage for an underlying investor suit over devalued shares, saying Thursday that a "no action" clause in one set of policies and a prior acts exclusion in another preclude coverage.

98

98

Harvard Corporate Governance

MAY 7, 2024

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Tuesday, May 7, 2024 Editor's Note: Martin Lipton is a Founding Partner at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell Lipton memorandum by Mr. Lipton and Kevin S. Schwartz. For decades, advocates of “shareholder primacy” as the North Star of corporate governance have steered our leading corporations and our Nation’s economic engine perilously off-course.

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163

Mckinsey and Company

MAY 6, 2024

Pilots of generative AI commercial use cases at biopharmaceutical and medtech companies have been promising, but success at scale hinges on a clear—and budgeted—gen AI strategy and custom solutions.

118

118

Appraisers Blog

MAY 9, 2024

In reply to William Turner. Privacy and appraisal in the age of AI? There is a lot out there. Today I researched Graham Leach Bliley, AI, and appraisal. GLB summary from a financial services providers perspective. Easy read. [link] FTC 2023 updated rules. What is the Bank Holding Company Act? Are we supposed to know about this? Be sure to click the top link and read the actual federal rules.

Appraisal 98

Appraisal Banking 98

Law 360 M&A

MAY 10, 2024

Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.

98

98

Harvard Corporate Governance

MAY 9, 2024

Posted by Jason Frankl, Brian G. Kushner, and Robert J. Kueppers, FTI Consulting, on Thursday, May 9, 2024 Editor's Note: Jason Frankl and Brian G. Kushner are Senior Managing Directors and Robert J. Kueppers is Senior Advisor at FTI Consulting. This post is based on a FTI Consulting memorandum by Mr. Frankl, Mr. Kushner, Mr. Kueppers, Kurt Moeller , Tom Kim, and Ryan Chiang.

144

144

Mckinsey and Company

MAY 7, 2024

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

115

115

Appraisers Blog

MAY 9, 2024

I looked closely at Baggins chart, May 7, the last section, personal data about people and how loans may be based upon their personal likes and dislikes. Today I read the last couple of comments on AI looking at the photographs of the interior and thought about AI figuring out who lives in the house, and now our photos of that person’s belongings may also follow them.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 9, 2024

The U.S. Department of Justice's Antitrust Division sharpened its focus Thursday on healthcare platforms that combine doctors with insurers, data and more in what the administration's top competition official called the "alarming" accumulation of assets.

98

98

Harvard Corporate Governance

MAY 6, 2024

Posted by Mireia Giné (IESE Business School), on Monday, May 6, 2024 Editor's Note: Mireia Giné is Professor of Finance at the IESE Business School. This post is based on a recent paper by Prof. Giné; Miguel Antón , Florian Ederer , and Martin Schmalz. The common ownership hypothesis has ignited a debate among scholars, policymakers, investors, and other industry stakeholders about the impact of widespread diversified investment on corporate competition.

Finance 150

Finance Marketability 150

Mckinsey and Company

MAY 8, 2024

Midmarket businesses have vast opportunities to increase their performance and scale if they reinvent how they work. Here are six keys to successful midcap transformations.

112

112

Appraisers Blog

MAY 8, 2024

In reply to Baggins. A borrower inspection is just that. The borrower is lead through a video inspection on his/her phone by an appraiser sitting at a computer. The appraiser gives the borrower instructions on what to view and the borrower takes video while walking through the property. The appraiser sitting at his/her desk can watch the video as it is being recorded by the borrower and take snapshots of items of importance through coordination with the borrower.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 9, 2024

Technology-enabled professional services company Sikich LLC on Thursday announced that it has secured a $250 million minority growth investment from private equity giant Bain Capital in a transaction built by four firms.

Equity 97

Equity Technology 97

Benzinga

MAY 7, 2024

Microsoft Corp. (NASDAQ: MSFT ) is shuttering several Bethesda studios and merging at least two — Roundhouse Games and ZeniMax Online Studios — sending shockwaves through the gaming industry. What Happened : According to IGN, the closures affect Arkane Austin , Tango Gameworks , and Alpha Dog Studios and will likely cause the cancellation of promised updates for various games.

Alpha 98

Alpha 98

Mckinsey and Company

MAY 9, 2024

Venture capital firm Ninepointfive invested in manufacturing company MakerVerse to improve supply chains and scale innovation.

119

119

Appraisers Blog

MAY 8, 2024

In addition to damaging more appraiser’s lives, I can think of several dozens of ways this new system will be abused. This invasive, soon to be requirement, is likely to look for more than appraisal related items. What books are on your shelves, what do personal displayed photos and/or artwork on the walls reveal? Do the homeowners have a gun safe that shows up in the pictures?

Appraisal 98

Appraisal 98