Sat.Jul 01, 2023 - Fri.Jul 07, 2023

article thumbnail

Finding the Right Approach to Determine Reasonable Compensation

BVR

Although there are general guidelines to help you pick the best approach to determine reasonable compensation, there are no hard and fast rules. For the overwhelming majority of your clients, one of two common approaches that rely on comparability data should do the trick. For occasional clients who just don’t seem to fit any molds, there is an approach for them, too.

140
140
article thumbnail

The Fall of “Affirmative Action” and Its Implications for Employers

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Wednesday, July 5, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton, John F. Savarese , and Noah B.

Equity 263
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Ready for prime time? The state of live commerce

Mckinsey and Company

The innovative social-commerce format continues to grow, but its potential could be unlocked by tailored approaches responding to differences in consumer characteristics and needs.

article thumbnail

From AI to Obesity Drugs - Global Pharma Has $700B For M&A and Investments: Goldman Sachs

Benzinga

Goldman Sachs compiled research suggesting the global pharmaceutical sector has approximately $700 billion available for M&A and investments. This significant financial reserve will be crucial as patents for some of the industry's blockbuster drugs are on the expiration cliff. The pharmaceutical industry is experiencing strong interest in M&A due to anticipated revenue erosion of approximately $200 billion by the end of the decade.

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

What accounting advisory services should firms offer?

ThomsonReuters

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. Offering your clients proactive advice through accounting advisory services is especially important as the regulatory and legislative landscape continues to become increasingly complex.

article thumbnail

Chancery Court Offers Guidance on Waivers Not to Sue for Breach of Fiduciary Duty

Harvard Corporate Governance

Posted by Rick S. Horvath, Allie Misner Wasserman, and Andrew Darnell, Dechert LLP, on Wednesday, July 5, 2023 Editor's Note: Rick S. Horvath , and Allie Misner Wasserman are Partners and Andrew Darnell is an Associate at Dechert LLP. This post is based on their Dechert memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

248
248

More Trending

article thumbnail

LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers

LaPorte

LaPorte is honored to announce that we have been named “Top Winner” in the “Best Accounting Firm” list in CityBusiness’ Reader Rankings poll. This is… The post LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers first appeared on LaPorte.

article thumbnail

What is tax advisory?

ThomsonReuters

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable. That’s why many accountants are embracing the profitable shift to tax advisory services.

article thumbnail

Proxy-Voting Insights: How Differently Do The Big Three Vote on ESG Resolutions

Harvard Corporate Governance

Posted by Lindsey Stewart, Morningstar, Inc., on Monday, July 3, 2023 Editor's Note: Lindsey Stewart is Director of Investment Stewardship Research at Morningstar, Inc. This post is based on his Morningstar memorandum. Related research from the Program on Corporate Governance includes The Agency Problems of Institutional Investors (discussed on the Forum here ) by Lucian Bebchuk, Alma Cohen, and Scott Hirst; Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy (d

Equity 227
article thumbnail

Four essential questions for boards to ask about generative AI

Mckinsey and Company

Boards are responsible for how generative AI is used at the companies they oversee. Asking company leaders the right questions will help unlock the technology’s value while managing its risk.

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

Why Great Ajax Shares Are Gaining Today

Benzinga

Ellington Financial Inc. (NYSE: EFC ) entered a definitive merger agreement to acquire Great Ajax Corp. (NYSE: AJX ) for an implied offer price of $7.33 per share. The deal represents a 19% premium to the Great Ajax stock closing price on the NYSE on June 30, 2023. Following the acquisition, each share of Great Ajax common stock will be converted into 0.5308 shares of Ellington Financial common stock, or approximately 12.5 million shares of.

Equity 98
article thumbnail

What to look for in a career change from accounting

ThomsonReuters

If you are an accounting professional who has been contemplating a change in career path, you’re not alone. Accountants have the knowledge and experience necessary to work as trusted advisors to the public or within a company, so your certification qualifies you for a variety of career paths. From financial planner to investment banker to business analyst, there are many roles to consider if you find yourself looking for something new.

Finance 98
article thumbnail

English High Court Rejects Climate Case Against Energy Company Board

Harvard Corporate Governance

Posted by Elise Edson, Nick Withers, and Jonathan Swil, Shearman & Sterling LLP, on Friday, July 7, 2023 Editor's Note: Elise Edson is Counsel, and Nick Withers and Jonathan Swil are Partners at Shearman & Sterling LLP. This post is based on a Shearman & Sterling memorandum by Ms. Edson, Mr. Withers, Mr. Swil, Richard Porter , and Michael Scargill.

228
228
article thumbnail

The Biggest Productivity Killers in Meetings and How To Fix Them

Rhythm Systems

In today's fast-paced business world, meetings are essential to corporate life. However, not all meetings are effective, and several factors can kill their productivity. Here are the top five productivity killers in meetings and how Rhythm Systems can fix meetings and make your meetings more fruitful.

98
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

The McKinsey Crossword: United States | No. 135

Mckinsey and Company

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.

87
article thumbnail

Why accounting firms should become business advisors

ThomsonReuters

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity. What are business advisory services? Business advisory services capitalize on the unique insight of accounting firms to make a profitable shift from serving clients as a once-a-year tax com

article thumbnail

Chancery Court Finds for Oracle Founder and CEO in Post-Trial Decision

Harvard Corporate Governance

Posted by Rick S. Horvath, Steven A. Engel, and Joni S. Jacobsen, Dechert LLP, on Monday, July 3, 2023 Editor's Note: Rick S. Horvath , Steven A. Engel , and Joni S. Jacobsen are Partners at Dechert LLP. This post is based on a Dechert memorandum by Mr. Horvath, Mr. Engel, Ms. Jacobsen, and Taylor Jaszewski and is part of the Delaware law series ; links to other posts in the series are available here.

228
228
article thumbnail

How secondary markets can help employees unlock their equity

Vested

The concept of inviting employees to participate in the long-term success of a company, as opposed to simply being the recipients of a salary every month, makes sense on so many levels.

Equity 97
article thumbnail

What is a board of directors?

Mckinsey and Company

A board of directors is a governance entity that oversees and supports management on behalf of shareholders and other stakeholders to maximize value creation.

100
100
article thumbnail

To Reach the Strategy Summit, Choose the Right Sherpa

Rhythm Systems

Just as mountain climbers rely on the expertise of their Sherpas and their advanced equipment to navigate and conquer the most formidable peaks, your business journey, too, requires the right guide and technology. At Rhythm Systems, we combine the insights and wisdom of Sherpas with cutting-edge software to guide you on your path to success. You see this person heading to the top?

article thumbnail

ESG Recent Developments

Harvard Corporate Governance

Posted by Miriam Wrobel, Ben Herzkowitz, and Peter Reilly, FTI Consulting, on Thursday, July 6, 2023 Editor's Note: Miriam Wrobel is Senior Managing Director and Global Leader of FTI Consulting’s Environmental, Social and Governance and Sustainability practice, Ben Herzkowitz is Senior Managing Director and Peter Reilly is Managing Director at FTI Consulting.

226
226
article thumbnail

Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by Tom

Appraisers Blog

“(In other words, don’t adjust for the first 50 or 100 square feet difference)” The threshold doesn’t mean knock off first 50 to 100sf. It means that 50 to 100sf is residual and near impossible for anyone to determine. What if you have a home that is a little larger and also has copper toped bay windows. Did you adjust for quality where the the others did not have this amenity.

Comps 96
article thumbnail

The rewired enterprise: How five companies built to outcompete

Mckinsey and Company

Lessons from five rewired enterprises highlight how to turn initial digital gains into enterprise-wide ones.

126
126
article thumbnail

Twitter Sues Law Firm Over $90 Million Payment in Elon Musk Deal

NYT M&A

The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.

article thumbnail

SEC Spring 2023 Reg-Flex Agenda — Not Much New But Lots Left To Do

Harvard Corporate Governance

Posted by Cydney S. Posner, Cooley LLP, on Sunday, July 2, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. The SEC’s Spring 2023 Reg-Flex Agenda—according to the preamble , compiled as of April 10, 2023, reflecting “only the priorities of the Chair”—has now been posted. Here is the short-term agenda , which shows most Corp Fin agenda items targeted for action by October 2023, potentially making the next four months an especial

article thumbnail

What are APIs and how can they streamline tax provision calculations?

ThomsonReuters

Tax teams prepare tax provisions by gathering data, performing calculations, and entering the results into forms. However, corporate tax teams find it difficult to automate this process. With the help of Application Programming Interfaces (APIs), these teams can revisit their year-end workflow with an eye to making it more efficient. What are APIs and how do they work?

article thumbnail

Business Valuation Relies on Complete and Accurate Financial Documents

BV Specialists

If you have owned a business for a number of years and now need an appraisal to sell the company, apply for financial assistance, or bring in new investors, you will need to have reliable financial documentation that provides historical performance details. The most common records you will need are income statements, balance sheets, and tax filing records.

article thumbnail

The net-zero materials transition: Implications for global supply chains

Mckinsey and Company

To provide critical materials for the energy transition, the metals and minerals industries must adapt their global supply chains.

article thumbnail

Compliance Gatekeepers

Harvard Corporate Governance

Posted by Asaf Eckstein (Hebrew University) and Roy Shapira (Reichman University), on Thursday, July 6, 2023 Editor's Note: Asaf Eckstein is Associate Professor at Hebrew University and Roy Shapira is Professor of Law at Reichman University. This post based on their article forthcoming in the Yale Journal on Regulation. Compliance has become a critical corporate governance issue.

article thumbnail

Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. It’s about finding ways to set your firm apart—and there’s no better way to do that than by offering advisory services. With technology that automates traditionally manual tasks related to core tax compliance work, more and more firms are capitalizing on the opportunity to hone in on and better execute long-term strategy by offering value-adde

article thumbnail

Comment on Has FNMA Gotten Too Big to Control? by Baggins

Appraisers Blog

In reply to Retired Appraiser. My positions remain consistent. If you have something to sign, share the link. Popular appraiser author Miller on this site mentioned in zero hedge article. [link] As the nimwits managing GSE programs keep their heads in the sand while continuing to prop up real property price and value with their modernization tech wizardry.

article thumbnail

The Jigsaw Puzzle of Corporate Diversity Is Missing Some Pieces

Reynolds Holding

In a new book , I argue that the conversation about diversity in corporations (legal rules, policy discussions, academic writing, and media narratives) is missing some vital pieces. This means that we are making rules without understanding the full picture and thus are not able to assess the costs and benefits of those rules. With this premise, the book sets out to provide an analysis of some of the missing pieces of the diversity puzzle.

article thumbnail

Board Effectiveness: A Survey Of The C-Suite

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, and Carin Robinson, PricewaterhouseCoopers LLP, on Tuesday, July 4, 2023 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Carin Robinson is Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

187
187
article thumbnail

How to prepare your business for participating in a Foreign Trade Zone (FTZ) program

ThomsonReuters

Foreign Trade Zones (FTZs) can help businesses of all kinds reduce or manage inventory, and compete more effectively in the international marketplace. Still, many companies are reluctant to take advantage of FTZs, either because they don’t understand the benefits of a well-run program or don’t believe the effort necessary to create one is worth it. program or don’t believe the effort necessary to create one is worth it.