Harvard Corporate Governance

SEPTEMBER 29, 2024

Posted by Arnaud Cavé, Niamh O’Brien, and Andrea Hearon, FTI Consulting, on Sunday, September 29, 2024 Editor's Note: Arnaud Cavé and Andrea Hearon are Directors and Niamh O’Brien is a Senior Consultant at FTI Consulting. This post is based on their FTI memorandum. Overview AI is the hot topic of 2024. Companies see the opportunity to gain efficiency and drive growth through the adoption of AI, while not ignoring upcoming regulatory obligations and rising investor expectations.

284

284

Mckinsey and Company

OCTOBER 3, 2024

A new McKinsey analysis quantifies the impact that digital and AI can have on consumer goods businesses and where consumer-packaged-goods executives should focus their efforts.

144

144

NYT M&A

SEPTEMBER 30, 2024

The deal, which is subject to regulatory approval, would create one of the largest pay-TV distributors in the U.S. The companies were blocked in an attempt to merge in 2002.

Mergers & Acquisitions 110

Mergers & Acquisitions 110

Benzinga

SEPTEMBER 30, 2024

On Monday, Chevron Corp (NYSE: CVX ) announced that the Federal Trade Commission (FTC) completed an antitrust review of its merger with Hess Corp (NYSE: HES ), satisfying a critical closing condition for the transaction. To facilitate the merger’s completion, Hess and Chevron have agreed that Hess CEO John Hess will not be on the Chevron board.

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

OCTOBER 2, 2024

Posted by Tahmid Ali, FW Cook, on Wednesday, October 2, 2024 Editor's Note: Tahmid Ali is a Consultant at FW Cook. This post is based on a FW Cook memorandum by Mr. Ali, Matt Lum , and Zachary Clarke. EXECUTIVE SUMMARY FW Cook’s 2024 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure.

Marketability 157

Marketability 157

Mckinsey and Company

OCTOBER 4, 2024

Our latest research examines how a new take on operational excellence can help rekindle productivity—and reveals five practices that matter in jump-starting performance.

134

134

Benzinga

SEPTEMBER 30, 2024

DirecTV has finalized a deal to merge with Dish Network , marking a significant shift in the pay-TV landscape. This would allow AT&T Inc. (NYSE: T ) to walk out of DirecTV. What Happened: The merger concludes decades of intermittent discussions, creating a combined entity with 20 million subscribers. This move comes as both companies face declining market shares due to competition from streaming services like Netflix and Amazon Prime Video.

Marketability 105

Marketability 105

Harvard Corporate Governance

OCTOBER 1, 2024

Posted by Jason Frankl, Brian G. Kushner, and Ryan Chiang, FTI Consulting, on Tuesday, October 1, 2024 Editor's Note: Jason Frankl and Brian G. Kushner are Senior Managing Directors and Ryan Chiang is a Managing Director at FTI Consulting. This post is based on a FTI Consulting memorandum by Mr. Frankl, Mr. Kushner, Mr. Chiang, Carl Jenkins , Tom Kim , and Kurt Moeller.

Marketability 157

Marketability 157

Mckinsey and Company

OCTOBER 2, 2024

Optimists, pessimists—who’s right? New research breaks down the physical realities slowing our progress toward net zero: what’s simpler, what’s tough, and what’s vital to transforming our energy system successfully.

127

127

Appraisers Blog

OCTOBER 3, 2024

Wow. Look what I found quite by accident in old emails, dated 01/15/2014. Appraisal Advisor. They were creating a counter database of appraiser only reviews. A database of what everyone was paying appraisers. This would have allowed better paying companies to compete for appraisers, rather than appraisers being forced to compete in the blind among each other.

Appraisal 98

Appraisal Compliance 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

NYT M&A

SEPTEMBER 29, 2024

The companies are in talks to create one of the largest pay-TV providers in the country. In 2002, the U.S. government blocked a similar deal.

Mergers & Acquisitions 116

Mergers & Acquisitions 116

Harvard Corporate Governance

SEPTEMBER 30, 2024

Posted by Subodh Mishra, ISS STOXX, on Monday, September 30, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. This post is based on an ISS-Corporate memorandum by Hernando Cortina. Key Takeaways Reflecting their strong contribution to major indices, the so-called Magnificent 7 U.S. stocks have been a major focus of investor attention.

Specific Risk 157

Specific Risk Equity 157

Mckinsey and Company

OCTOBER 4, 2024

The consumer goods industry, once an investor darling, has underperformed in recent years. Companies can prioritize six actions to simultaneously revive revenue growth and reduce costs.

116

116

Law 360 M&A

OCTOBER 1, 2024

Pharmaceuticals titan Pfizer Inc. said Tuesday that it has reduced its stake in Haleon PLC, a maker of oral health products, by selling its shares to investors and raising approximately £2.43 billion ($3.24 billion) in the process.

98

98

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

Appraisers Blog

SEPTEMBER 30, 2024

In reply to Baggins. ARCC is a Research Institute. Nobody can speak for them except through ARCCs webpage itself or posts from their LinkedIn. They have a lot of projects they are working on and a fun announcement coming up. Rest assured they are not staying idle.

Compliance 98

Compliance Appraisal 98

Harvard Corporate Governance

OCTOBER 2, 2024

Posted by Attila Balogh (University of Melbourne) and Scott E. Yonker (Cornell University), on Wednesday, October 2, 2024 Editor's Note: Attila Balogh is an Assistant Professor of Finance at the University of Melbourne and Scott E. Yonker is a Professor of Finance at the Cornell University SC Johnson College of Business. This post is based on their recent paper.

Finance 165

Finance Equity 165

Mckinsey and Company

OCTOBER 4, 2024

An often neglected concept, spiritual health can have significant knock-on benefits for a person’s well-being, and its importance at work needs to be recognized.

112

112

Law 360 M&A

SEPTEMBER 30, 2024

New York-based global professional services group Marsh McLennan said Monday it has agreed to buy insurance brokerage McGriff Insurance Services, an affiliate of TIH Insurance Holdings, for $7.75 billion in a deal steered by Wachtell Lipton and Simpson Thacher, respectively.

98

98

Appraisers Blog

SEPTEMBER 30, 2024

I finally announced my retirement to the masses what a load off. Between Bias, AMC’s, ROV, NAR Lawsuit, the new appraisal form coming out, now is the time to bow out after 30 years. The more I think about this BS the more I now understand we have been ABUSED for decades. Class action against AMC’s for mental and financial abuse is in order and we need someone to take it on.

Appraisal 98

Appraisal Compliance 98

Harvard Corporate Governance

OCTOBER 4, 2024

Posted by Lindsey Stewart, Morningstar, Inc., on Friday, October 4, 2024 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. This post is based on a Morningstar memorandum by Mr. Stewart and River Meng. Key Observations Average support for ESG-focused shareholder resolutions in the US stabilized at 23% in the 2024 proxy year, after a steep decline in 2023.

144

144

Mckinsey and Company

SEPTEMBER 30, 2024

Our September obituaries also include a legal trailblazer, an innovative ophthalmologist, and a publishing pioneer who forged a path for women authors.

120

120

NYT M&A

OCTOBER 3, 2024

Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.

Mergers & Acquisitions 94

Mergers & Acquisitions 94

Appraisers Blog

SEPTEMBER 30, 2024

In reply to Baggins. We can all just send a copy of the letter and expose’ to all of your lender clients and realtors that you come into contact with. It has been my esperience that 95% of the ones I talk to have not heard anything about what is happening with AMC’s and the jacking of fees that is going on. And when they do find out they are pisssed!

Compliance 98

Compliance Appraisal 98

Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Benjamin Finzi, Brett Weinberg, and Elizabeth Molacek, Deloitte LLP, on Thursday, October 3, 2024 Editor's Note: Benjamin Finzi and Brett Weinberg are Managing Directors, and Elizabeth Molacek is a Manager at Deloitte LLP. This post is based on their Deloitte memorandum. Survey methodology Over 80 CEOs representing more than 15 industries participated in this Fortune/Deloitte CEO Survey. 88% of respondents are from organizations based in the United States, and the remainder are from or

Equity 144

Equity Marketability 144

Mckinsey and Company

OCTOBER 2, 2024

US micro-, small- and medium-size enterprises, like their global counterparts, struggle with productivity. But a win–win economic fabric connecting all businesses can maximize their potential.

Marketability 111

Marketability 111

Machen McChesney

OCTOBER 3, 2024

Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany offering health insurance can be complex. One crucial aspect is understanding the reporting requirements of federal agencies such as the IRS. Does your business have to comply, and if so, what must you do? Here are some answers to questions you may have.

89

89

Law 360 M&A

SEPTEMBER 30, 2024

A federal bankruptcy judge approved the proposed sale of nine western Pennsylvania nursing homes to affiliates of Kadima Healthcare Group for $53 million Monday, as part of Chapter 11 proceedings for more than a dozen facilities operating under the umbrella of Comprehensive Healthcare Management Systems.

92

92

Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Pauline Lam (New York University Stern School of Business) and Jeffrey Wurgler (New York University Stern School of Business), on Thursday, October 3, 2024 Editor's Note: Pauline Lam is a Visiting Scholar at New York University Stern School of Business , and Jeffrey Wurgler is the Nomura Professor of Finance at New York University Stern School of Business.

Finance 129

Finance Marketability 129

Mckinsey and Company

OCTOBER 1, 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.

106

106

NYT M&A

SEPTEMBER 30, 2024

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.

Mergers & Acquisitions 103

Mergers & Acquisitions 103

Musings on Markets

OCTOBER 1, 2024

I have spent the last week reading " Shoe Dog ", Phil Knight's memoir of how a runner on the Oregon University track team built one of the great shoe companies in the world, in Nike. In addition to its entertainment value, and it is a fun book to read, I read it for two storylines. The first is the time, effort and grit that it took to build a business, in a world where risk capital was more difficult to access than it has been in this century, and in a business where scaling up posed significan

Start-ups 87

Start-ups Marketability Equity 87

Harvard Corporate Governance

OCTOBER 3, 2024

Posted by Jamie McGinnis, Amy Roy, and George Raine, Ropes & Gray LLP, on Thursday, October 3, 2024 Editor's Note: Jamie D. McGinnis , Amy D. Roy , and George B. Raine are Partners at Ropes & Gray LLP. This post is based on their Ropes & Gray memorandum. News sources recently reported that the SEC has quietly disbanded its Climate and ESG Task Force for in its Division of Enforcement (the “ESG Task Force”), which had formed in early 2021 under then-Acting Chair Allison Lee and cont

120

120

Mckinsey and Company

OCTOBER 1, 2024

Nurses are cautiously enthusiastic about AI. They are eager to share their knowledge of patient priorities in developing AI-powered tools but stress the importance of not sacrificing high-quality care.

106

106

Appraisers Blog

OCTOBER 3, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98