Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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Business Valuation: Differing Reasons Will Dictate Methodology

BV Specialists

I hear the phrase “the value is the value” oftentimes when discussing appraisal work with those not familiar with the profession. With machinery and equipment appraisals, the primary differences in value are fairly straightforward. They tend to correlate to the approach you most heavily rely upon and the definition of value that's estimated. Fair Market Value - Installed will drive a considerably higher value than any type of liquidation premise.

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US Public Company Board Diversity in 2023: How Corporate Director Diversity Can Contribute to Board Effectiveness

Harvard Corporate Governance

Posted by Merel Spierings, The Conference Board, on Friday, November 24, 2023 Editor's Note: Merel Spierings is Senior Researcher at The Conference Board ESG Center in New York. This post relates to Corporate Board Practices in the Russell 3000, S&P 500, and S&P MidCap 400: Live Dashboard, a live online dashboard published by The Conference Board and ESG data analytics firm ESGAUGE , in collaboration with Debevoise & Plimpton , the KPMG Board Leadership Center , Russell Reynolds Asso

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Trending Sources

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Music Licensing Giant BMI Sells to Private Equity Firm

NYT M&A

Broadcast Music Inc., one of the major performing rights organizations in the United States, collected $1.57 billion and distributed $1.47 billion for its 2022 fiscal year.

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In digital and AI transformations, start with the problem, not the technology

Mckinsey and Company

For digital and AI transformations to succeed, companies need to understand the problems they want to solve and rewire their organizations for continuous innovation

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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.

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Boots offloads £4.8bn pension scheme to Legal & General

Financial Times M&A

Deal could pave way for sale of pharmacy chain

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Regulatory Spotlight on Private Funds

Harvard Corporate Governance

Posted by Meaghan Kelly, David Blass and Michael Osnato, Simpson Thacher & Bartlett LLP, on Sunday, November 19, 2023 Editor's Note: Meaghan Kelly , David Blass , and Michael Osnato are Partners at Simpson Thacher & Bartlett LLP. This post is based on a Simpson Thacher memorandum by Ms. Kelly, Mr. Blass, Mr. Osnato, Nicholas Goldin , Michael Wolitzer , and Marc Berger.

More Trending

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Gen AI: A guide for CFOs

Mckinsey and Company

How should CFOs approach generative AI—enterprise-wide and in the finance function—and what can they do right now to rapidly climb the learning curve?

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Private equity resorts to buying back companies after IPO flops

Financial Times M&A

EQT, Cinven and General Atlantic among those involved in take-private deals for businesses floated two years ago

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California enacts anti-greenwashing requirements

Harvard Corporate Governance

Posted by Loyti Cheng, Michael Comstock and David A. Zilberberg, Davis Polk & Wardwell LLP, on Saturday, November 18, 2023 Editor's Note: Loyti Cheng , Michael Comstock , and David A. Zilberberg are Counsels at Davis Polk & Wardwell LLP. This post is based on a Davis Polk memorandum by Ms. Cheng, Mr. Comstock, Mr. Zilberberg, Emily Roberts , Stephen A.

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Navigating the New CECL (ASC 326) Standard

Redpath

November 21, 2023 - Accounting standard ASC 326 (also known as CECL) is meant to increase balance sheet transparency and requires entities to recognize estimated credit losses expected to occur over the remaining life of many financial assets. It is important for entities to understand how the new standard may affect them and how to get in compliance.

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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

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How artificial intelligence can power clinical development

Mckinsey and Company

Artificial intelligence is accelerating drug discovery. If clinical development fails to keep pace, the benefits to patients will be delayed.

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Activist investors pile pressure on Ladbrokes owner Entain

Financial Times M&A

Hedge funds take aim at chief executive of UK gambling company

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More Women Take CEO Jobs But Parity Still Decades Away

Harvard Corporate Governance

Posted by Luke Meynell, Russell Reynolds Associates, on Monday, November 20, 2023 Editor's Note: Luke Meynell Co-leads the Board & CEO Advisory Partners in the UK at Russell Reynolds Associates. This post is based on his Russell Reynolds memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss; Will Nasdaq’s Diversity Rules Harm Investors?

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Installment Sales Considerations and FAQs

Trout CPA

Written by Evgenia V. Sheaffer, CPA , Senior Manager at Trout CPA What is an installment sale? Business owners considering selling their business as a stock or asset sale at a gain often wonder if there is a way to minimize the tax impact in the year of sale. The good news is that if you receive at least one payment after the tax year of the sale, then the gain will be recognized when you receive each payment, therefore allowing the business owner the option to defer the gain.

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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.

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Digital logistics: Technology race gathers momentum

Mckinsey and Company

A survey of more than 250 global shippers and logistics providers reveals that technology investments are set to increase, with numerous companies already piloting advanced use cases.

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Mars joins push into premium with Hotel Chocolat deal

Financial Times M&A

Changing consumer tastes and government pressure have led the confectionery sector to mix up its offering

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Criminal Subsidiaries

Harvard Corporate Governance

Posted by Andrew K. Jennings (Emory University), on Wednesday, November 22, 2023 Editor's Note: Andrew K. Jennings is an Associate Professor of Law at Emory University. This post is based on his recent article forthcoming in the Fordham Law Review. Normal 0 false false false EN-US ZH-CN AR-SA Each year, Department of Justice (DOJ) components resolve a handful of corporate criminal cases with subsidiary-only conviction (SOC) settlements.

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How to optimize supply chain costs through foreign-trade zone-to-zone rules

ThomsonReuters

Global supply chains are getting more difficult to manage by the day, making it all the more important for businesses to use every advantage they can get. That’s why businesses would be wise to explore strategies that help them defer costs incurred from customs duties, taxes, and other expenses, and minimize encounters with bureaucratic regulations. “As global supply chains become increasingly more complex, companies must find ways to optimize costs while still maintaining efficiency

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Global economics intelligence executive summary, October 2023

Mckinsey and Company

The global outlook is unchanged despite weaker readings in trade, consumer confidence, and business activity. Still-elevated inflation and interest rates are acting as headwinds to economic growth.

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The $156bn PE firm with a succession problem

Financial Times M&A

Plus, Beijing gives a tentative green light on Broadcom/VMware and Carlyle’s unexpected victory in China

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2023 CPA-Zicklin Index Shows Strong Increase in Number of Trendsetter, Top-Scoring Companies

Harvard Corporate Governance

Posted by Dan Carroll and Bruce Freed, Center for Political Accountability, on Tuesday, November 21, 2023 Editor's Note: Dan Carroll is a Vice President, and Bruce F. Freed is a President and Co-founder at the Center for Political Accountability. This post is based on their CPA memorandum. Related research from the Program on Corporate Governance includes The Untenable Case for Keeping Investors in the Dark (discussed on the Forum here ) by Lucian Bebchuk, Robert J.

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Frontrunner in Telegraph newspaper takeover bid accuses rivals of hypocrisy

The Guardian M&A

Jeff Zucker of Abu Dhabi-backed Redbird IMI insists editorial independence of titles would be protected The US boss of the Abu Dhabi-backed company that is the frontrunner to acquire the Telegraph has accused rival bidders of hypocrisy and reiterated a pledge to the UK government that he would guarantee the newspaper’s editorial independence. The bid is being fronted by Jeff Zucker, a former chief executive of CNN who now runs RedBird IMI , which is mostly funded by Mansour bin Zayed Al Nahyan,

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Author Talks: Lisa Sun explains why confidence is your superpower

Mckinsey and Company

In her new book, Lisa Sun shares the playbook for unlocking your strengths and explains why confidence isn’t “one size fits all.

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Jeff Zucker hits out at rival Telegraph bidders and offers guarantees to UK

Financial Times M&A

Former CNN boss accuses other media groups of ‘slinging mud’ at his Abu Dhabi-backed deal

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ConEd Is Not Dead In Delaware

Harvard Corporate Governance

Posted by Neil Q. Whoriskey and Scott Golenbock, Milbank LLP, on Thursday, November 23, 2023 Editor's Note: Neil Q. Whoriskey and Scott Golenbock are Partners at Milbank LLP. This post is based on their Milbank memorandum and is part of the Delaware law series ; links to other posts in the series are available here. Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders?

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Comment on Another ‘Bad’ Word to Avoid! by Johnny Q

Appraisers Blog

In reply to John. At this time, there is insufficient market support to adequately support the contract price of the subject property. The seller and sales agent are crazy. – There you go. ?

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China Consumption: Start of a New Era

Mckinsey and Company

Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

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Saudi-backed martial arts league challenges UFC with Bellator deal

Financial Times M&A

Acquisition by Professional Fighters League comes as kingdom seeks to bolster its global presence in sports

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Remarks at the 2023 Democracy Forum

Harvard Corporate Governance

Posted by Barack Obama, Obama Foundation, on Tuesday, November 21, 2023 Editor's Note: Barack Obama served as the 44th President of the United States. This post is based on Mr. Obama’s remarks at the 2023 Democracy Forum. Hello, Chicago! Thank you, Aleena, for that outstanding introduction. I will say that Michelle would be jealous to see that she has a six-month old at home and she doesn’t look tired.

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Comment on Another ‘Bad’ Word to Avoid! by Baggins

Appraisers Blog

In reply to Jeffrey N Allen. The UK is not guiding much policy in America. But China is. Try again. I mean, talking McCarthyism. You’re living it and are at the center of a new form of slander. The issue today is much more complex than just boiling things down to black or white and communism or capitalism. The truth is we should not condemn capitalism, because we have not had that in some time.

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What makes a successful CEO?

Mckinsey and Company

The CEO is the person ultimately responsible for the success of a company. Their job is to develop strategy and deploy the resources to deliver on it.

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Italy intervenes in Safran deal over national security concerns

Financial Times M&A

Giorgia Meloni’s government exercises ‘golden power’ to block jet engine maker’s purchase of Italian flights control business

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Real World Examples of Circumstances That May Taint a Deal Process

Harvard Corporate Governance

Posted by Jenness E. Parker, Sonia K. Nijjar and Claire K. Atwood, Skadden, Arps, Slate, Meagher & Flom LLP, on Monday, November 20, 2023 Editor's Note: Jenness E. Parker and Sonia K. Nijjar are Partners, and Claire K. Atwood is an Associate at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum. Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders?

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Comment on Seller Filed a Racial Bias Complaint Against Me by Baggins

Appraisers Blog

In reply to Mike Ford, AGA. Mike, you’re entirely too mature, logical, and well grounded. Missing the IVPI proposal yet?

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