Sat.Sep 30, 2023 - Fri.Oct 06, 2023

article thumbnail

The Administrative Origins of Mandatory Disclosure

Harvard Corporate Governance

Posted by Alexander I. Platt (University of Kansas School of Law), on Wednesday, October 4, 2023 Editor's Note: Alexander I. Platt is Associate Professor at the University of Kansas School of Law. This post is based on his recent paper , forthcoming in The Journal of Corporation Law. Related research from the Program on Corporate Governance includes The Law and Economics of Equity Swap Disclosure (discussed on the Forum here ) by Lucian Bebchuk; and Pre-Disclosure Accumulations by Activist In

Equity 201
article thumbnail

What is tokenization?

Mckinsey and Company

Tokenization is the process of issuing a digital representation of an asset on a blockchain.

145
145
Insiders

Sign Up for our Newsletter

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

article thumbnail

S.E.C. Sues Elon Musk to Compel Him to Testify on Twitter Purchase

NYT M&A

The agency said Mr. Musk was subpoenaed to testify last month about his purchases of Twitter’s stock last year, but he failed to appear.

article thumbnail

Wall Street bankers hope for dealmaking rebound after boom and bust

Financial Times M&A

Dealmakers anticipate steadier business in 2024 after four years of wildly fluctuating activity volumes

127
127
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

Risk Management and the Board of Directors

Harvard Corporate Governance

Posted by Martin Lipton, John Savarese, and Sarah K. Eddy, Wachtell Lipton Rosen & Katz, on Saturday, September 30, 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. John F. Savarese and Sarah K. Eddy are Partners in the Litigation Department at Wachtell, Lipton, Rosen & Katz.

261
261
article thumbnail

Stable and spending: An update on the state of the US consumer

Mckinsey and Company

Consumer optimism in the United States remained steady over the summer, while consumer spending saw a modest uptick across most categories. Here’s the latest research from our ConsumerWise team.

135
135

More Trending

article thumbnail

Hipgnosis shareholders object to $440mn rights deal

Financial Times M&A

Some investors believe the sale of music rights to a private sister fund owned by Blackstone undervalues the assets

127
127
article thumbnail

Corporate Governing: Promises and Risks of Corporations as Socio-Economic Reformers

Harvard Corporate Governance

Posted by Matteo Gatti (Rutgers), on Tuesday, October 3, 2023 Editor's Note: Matteo Gatti is a Professor of Law at Rutgers Law School. This post is based on his working paper. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ); by Lucian A. Bebchuk, Kobi Kastiel, and Roberto Tallarita; and Will Corporations Deliver Value to All Stakeholders?

230
230
article thumbnail

Employee experience still matters: Talent retention at GCCs

Mckinsey and Company

With five focused actions, global capability centers could cut their attrition rates in half.

135
135
article thumbnail

Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. After a buzzy open, when the stock jumped from its offering price of $30 a share to $42, the stock has quickly given up those gains and now trades at below to its offer price.

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

Axel Springer expresses interest in buying UK’s Telegraph group

Financial Times M&A

German media company joins growing list of international investors considering bid for conservative publisher

127
127
article thumbnail

Secret and Overt Information Acquisition in Financial Markets

Harvard Corporate Governance

Posted by Yan Xiong (The Hong Kong University of Science and Technology), Liyan Yang (University of Toronto), on Monday, October 2, 2023 Editor's Note: Yan Xiong is an Assistant Professor of Finance at The Hong Kong University of Science and Technology, and Liyan Yang is a Professor of Finance at the Rotman School of Management, University of Toronto.

article thumbnail

Cementing your lead: The cement industry in the net-zero transition

Mckinsey and Company

Novel approaches and materials could help the cement industry transition to a decarbonized future. Moving forward, players with strategic approaches to new technologies could have an edge.

article thumbnail

Market Bipolarity: Exuberance versus Exhaustion!

Musings on Markets

As we enter the last quarter of 2023, it has been a roller coaster of a year. We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. In the first half of the year, we had positive surprises on both fronts, as inflation dropped after than expected and the economy stayed resilient, allowing for a comeback on stocks, which I wrote about in a post in July 2023.

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

Exxon Mobil Reportedly Nears a Deal for Pioneer, a Shale Giant

NYT M&A

Exxon Mobil is reportedly in talks to buy Pioneer Natural Resources, a major shale driller, in what would be the biggest takeover of the year.

article thumbnail

Do Consumers Care About ESG? Evidence from Barcode-Level Sales Data

Harvard Corporate Governance

Posted by Jean-Marie Meier (University of Pennsylvania), on Thursday, October 5, 2023 Editor's Note: Jean-Marie Meier is a Visiting Assistant Professor of Finance at The Wharton School, University of Pennsylvania, and Assistant Professor of Finance at the University of Texas at Dallas – Naveen Jindal School of Management. This post is based on a working paper by Professor Meier, Henri Servaes , Jiaying Wei , and Steven Chong Xiao.

article thumbnail

How traders can capture value in sustainable fuels

Mckinsey and Company

The sustainable-fuel market is nascent, complex, and growing fast. Traders that develop an in-depth understanding across different fuels, feedstocks, and regions can gain a competitive advantage.

article thumbnail

Rinehart/Liontown: heavy metal billionaire seeks something lighter

Financial Times M&A

Albemarle’s margin for victory over buying lithium miner reduces every time Hancock increases its stake

119
119
article thumbnail

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

NYT M&A

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.

article thumbnail

Director Elections under the Microscope

Harvard Corporate Governance

Posted by Edna Twumwaa Frimpong, Diligent Market Intelligence, on Monday, October 2, 2023 Editor's Note: Edna Twumwaa Frimpong is the Head of International Research at Diligent Institute. This post is based on her Diligent memorandum. Related research from the Program on Corporate Governance includes The Myth of the Shareholder Franchise (discussed on the Forum here ) by Lucian A.

article thumbnail

Strategies for Saudi Arabia to deliver on its $1 trillion-plus project plan

Mckinsey and Company

As Saudi Arabia sets out on one of the world’s most ambitious phases of capital expenditure, tried and tested opportunities can help the country unlock construction project success.

132
132
article thumbnail

How the tyres fell off a Blackstone private credit deal

Financial Times M&A

Plus, General Atlantic’s secondaries pivot and the pharma bankruptcy hurting opioid victims a second time over

115
115
article thumbnail

How do different accounting firms use AI?

ThomsonReuters

Jump to: How many accounting firms use AI? How do the Big 4 use artificial intelligence? How do smaller accounting firms use AI? How does AI impact workflow? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. Artificial Intelligence (AI) has become a game-changer, helping accounting firms streamline processes, improve accuracy, and deliver more value to their clients.

article thumbnail

Proxy Voting Insights: Key ESG Resolutions

Harvard Corporate Governance

Posted by Lindsey Stewart, Morningstar, Inc, on Wednesday, October 4, 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 Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

article thumbnail

Can public EV-fast charging stations be profitable in the United States?

Mckinsey and Company

More fast public chargers are needed to support the growth of EVs—but generating a profit at a public charging station remains challenging.

128
128
article thumbnail

US to incentivise companies to report misdeeds at businesses they buy

Financial Times M&A

New Department of Justice enforcement policy will encourage more disclosure of potential misconduct

111
111
article thumbnail

Payroll Taxes for Out-of-State Employees: What You Need to Know

Redpath

Many companies have out-of-state as well as in-state employees, especially in industries such as manufacturing, construction, and technology.

article thumbnail

How to Navigate Equity Plan Proposals

Harvard Corporate Governance

Posted by Austin Vanbastelaer, and Kyle McCarthy, Semler Brossy LLC, on Thursday, October 5, 2023 Editor's Note: Austin Vanbastelaer is Principal and Kyle McCarthy is a Senior Associate Consultant at Semler Brossy LLC. This post is based on their Semler Brossy memorandum. Russell 3000 equity plan proposals are facing historically low shareholder support and higher failure rates in 2023.

Equity 130
article thumbnail

The McKinsey Crossword: Applied AI | No. 148

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.

128
128
article thumbnail

Exxon/Pioneer: scaling up in the shale patch

Financial Times M&A

Oil company in talks to buy US-listed resource giant

110
110
article thumbnail

FASB Approves Updated Rules for Disclosing Income Taxes

Machen McChesney

On August 30, 2023, the Financial Accounting Standards Board (FASB) unanimously voted to finalize its proposed improvements to the disclosure rules for income taxes. Here’s what’s changing and when those changes are effective.

105
105
article thumbnail

The 2023 Say on Pay Season – Outcomes and Observations

Harvard Corporate Governance

Posted by Linda Pappas, Jose Lawani, and Perla Cuevas, Pay Governance LLP, on Tuesday, October 3, 2023 Editor's Note: Linda Pappas is Principal, and Jose Lawani and Perla Cuevas are Consultants at Pay Governance LLC. This post is based on their Pay Governance memorandum. Say on Pay (SOP) votes were mandated by the Dodd-Frank Act of 2010 as a mechanism to allow shareholders to voice their opinions about the level and structure of executive compensation as well as promote the engagement of co

article thumbnail

The potential of M&A in IT services: Three charts

Mckinsey and Company

The IT services industry presents attractive opportunities for value creation through M&A. Here’s the playbook.

Equity 110
article thumbnail

ExxonMobil in talks to buy US shale behemoth Pioneer

Financial Times M&A

Potential deal would be oil supermajor’s biggest for almost a quarter of a century

109
109