Sat.Apr 08, 2023 - Fri.Apr 14, 2023

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Buy vs. Start: 5 Benefits of Acquisition Entrepreneurship

Viking Mergers

Today’s small business owners face a challenging business landscape characterized by economic uncertainty and rapidly shifting political dynamics. Yet, despite these obstacles, new business owners are successfully paving their way to success by starting a new franchise, acquiring an existing business, or launching a venture from scratch. According to a Guidant Financial study , 33% of small business owners purchased an existing independent business, capitalizing on an established business

Start-ups 246
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Do Bonds Affect Equity Monitoring?

Reynolds Holding

As institutional investors grow in size and influence, questions arise as to whether they are effective stewards for equity investors. That the three mutual fund families with the most total net assets each holds equity positions in around 5,000 U.S. companies raises concerns about their ability to monitor and vote on every company in their vast portfolios.

Equity 45
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The Full Guide to Investment Banking Assessment Centers

Brian DeChesare

Over time, investment banking recruiting has become more impersonal with developments like HireVue interviews , online tests, and recruiters conducting the initial screens. People often complain about how it’s impossible to make a “good first impression” in a pre-recorded video or when speaking to a hapless recruiter. Ironically, though, the most personal part of the recruiting process – the assessment center – also generates many complaints.

Banking 64
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What boards should know about balancing ESG critics and key stakeholders

Harvard Corporate Governance

Posted by Maria Castañón Moats, Paul DeNicola, and Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Sunday, April 9, 2023 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by

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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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Cracking the growth code: The ten rules of growth explained

Mckinsey and Company

Experts behind the rules of value-creating growth discuss how leaders can apply these insights to their growth strategies.

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Preview: 2023 Mergerstat Review

BVR

The 2023 Mergerstat Review hits virtual bookshelves this May and is your definitive source for the latest data and statistics on M&A transactions from U.S. companies, including privately held, publicly traded, and cross–border transactions.

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More Trending

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The Corporate Governance of Public Utilities

Harvard Corporate Governance

Posted by Aneil Kovvali (Indiana University) and Joshua Macey (University of Chicago), on Tuesday, April 11, 2023 Editor's Note: Aneil Kovvali is an Associate Professor of Law at the Indiana University Maurer School of Law, Bloomington. Joshua C. Macey is an Assistant Professor of Law at the University of Chicago Law School. This post is based on their recent paper , forthcoming in the Yale Journal on Regulation.

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The next frontier in risk efficiency

Mckinsey and Company

As global risks increase and economic uncertainty persists, the risk functions within the financial services industry must continue to evolve talent to ensure organizational resiliency.

Banking 145
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Glencore offers $8.2bn cash sweetener in takeover bid for Teck

Financial Times M&A

Mining group’s proposal comes a day after Teck chief described deal as a ‘non-starter’

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Retirement Saving Options for Your Small Business: Keep It Simple

Machen McChesney

If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there are a couple of options to consider. Let’s take a look at a “simplified employee pension” (SEP) or a “savings incentive match plan for employees” (SIMPLE).

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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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DOJ Announces Changes to Corporate Compliance Program Evaluation Criteria

Harvard Corporate Governance

Posted by Justin P. Murphy, Julian L. André, and Sarah E. Walters, McDermott Will & Emery LLP, on Monday, April 10, 2023 Editor's Note: Justin P. Murphy , Julian L. André , and Sarah E. Walters are partners at McDermott Will & Emery LLP. This post is based on their MWE memorandum. During speeches on March 2 and 3, 2023, at the American Bar Association (ABA) National Institute on White Collar Crime (the 2023 White Collar Conference), Deputy Attorney General (DAG) Lisa Monaco , Assistant

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What is influencer marketing?

Mckinsey and Company

Influencer marketing is a collaboration between popular social-media users and brands to promote brands’ products or services.

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Fintech founder parlayed connections for JPMorgan deal before fraud charges

Financial Times M&A

Charlie Javice’s Frank had early high-profile backers before persuading the bank to pay $175mn

Banking 100
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Cost of Food Item for Infant Was Not a Medical Care Expense

ThomsonReuters

Priv. Ltr. Rul. 202311001 (Mar. 17, 2023) Available at [link] In a heavily redacted private letter ruling, the IRS has concluded that the cost of a product that was “neither medicine nor a drug but rather food” was not a medical care expense under Code § 213(d). The product had been recommended by an infant’s doctor but was available without a prescription.

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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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The Oscillating Domains of Public and Private Markets

Harvard Corporate Governance

Posted by Alperen A. Gözlügöl (Leibniz Institute for Financial Research), Julian Greth (Leibniz Institute for Financial Research) and Tobias H. Tröger (Leibniz Institute for Financial Research) , on Thursday, April 13, 2023 Editor's Note: Alperen A. Gözlügöl is an Advanced Researcher of the Cluster Law and Finance, Julian Greth is a Ph.D. Student and a Junior Researcher of the Cluster Law and Finance, and Tobias H.

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Rising CEOs: Lessons from the McKinsey Leadership Forum

Mckinsey and Company

Preparing for the CEO role can be a challenge and a reward. These eight lessons drawn from more than 300 McKinsey Leadership Forum participants and the CEOs who advise them will benefit any top executive or aspiring CEO.

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Dechra Pharmaceuticals shares soar on takeover talks with private equity

Financial Times M&A

UK vet medicine group confirms it is discussing a potential £4.

Equity 98
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Tax-Free Qualified Disaster Relief Payments to Employees in Connection With Covid-19 Will End May 11, 2023

Machen McChesney

The Executive Office of the President, Office of Management and Budget, announced on January 30, 2023, that the COVID-19 national emergency and public health emergency that were declared in 2020 will both end on May 11, 2023. As a result, COVID-19 cannot be the reason used to make tax-free “qualified disaster relief payments” to employees (or others) under Internal Revenue Code Sec. 139 for expenses incurred on and after that date.

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Guidance on Effective Board Oversight

Harvard Corporate Governance

Posted by Holly Fetter and Benjamin Colton, State Street Global Advisors, on Friday, April 14, 2023 Editor's Note: Benjamin Colton is Global Head of Asset Stewardship, and Holly Fetter is Vice President of Asset Stewardship at State Street Global Advisors. This post is based on their SSGA memorandum. As stewards of near-permanent capital to thousands of public companies across the world, State Street Global Advisors focuses on risks and opportunities that may impact long-term value creation for

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Author Talks: Don Norman designs a better world

Mckinsey and Company

The former Apple VP and University of California Design Lab director explains why leaders should take the “humanity-centered” approach and adopt sustainable technologies and business models.

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Financial engineering by tech dinosaurs pays off

Financial Times M&A

The saga of Larry Ellison and Oracle shows that old-fashioned tactics can still work

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How Much Is Your Restaurant Worth?

Biz Equity

Whether you’re looking to purchase a restaurant, or you currently own one, understanding the contributing factors to a restaurant’s valuation is critical for success. As restaurant owners already understand, running a successful restaurant requires more than great food and an amazing ambiance. Restaurants operate on razor-thin cost margins , meaning owners are beholden to keeping a laser focus on operating costs, sales, employee wages, food prices, and more.

Equity 98
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Weekly Roundup: April 7-13, 2023

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, April 14, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 7-13, 2023. Paramount Global Settles CBS – Viacom Merger Lawsuit for $122.5 Million Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, April 7, 2023 Tags: Controlling shareholders , Delaware Court of Chancery , Governance standards , Mergers & acquisitions , SEC enfor

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Supporting resilience and preventing burnout in nonprofits

Mckinsey and Company

The nonprofit sector in Australia faces a high rate of burnout, but employers can reduce the problem by improving workplace mental health and establishing the right support structures.

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SoftBank unit’s sale to founder’s brother raises governance concerns

Financial Times M&A

Japanese tech group says Taizo Son will buy venture capital arm for undisclosed sum

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Why Consolidated Communications Stock Is Booming Today

Benzinga

Consolidated Communications (NASDAQ: CNSL ) shares are trading higher after Searchlight Capital and BCI submitted a non-binding proposal to acquire all outstanding shares of Consolidated Communications. What Happened: On Wednesday, Searchlight Capital and British Columbia Investment Management Corporation (BCI) submitted a letter of a non-binding proposal to purchase all outstanding shares of Consolidated Communications for $4 per share.

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Chancery Court Provides Roadmap for Retroactive Validation of Shareholder Votes

Harvard Corporate Governance

Posted by Perrie Weiner, Aaron Goodman, and Paul Chander, Baker McKenzie, on Saturday, April 8, 2023 Editor's Note: Perrie Weiner and Aaron Goodman are Partners and Paul Chander is an Associate at Baker McKenzie. This post is based on a Baker McKenzie memorandum by Mr. Weiner, Mr. Goodman, Mr. Chander, and Alexandra Stackhouse and is part of the Delaware law series ; links to other posts in the series are available here.

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The individual health insurance market in 2023

Mckinsey and Company

This represents an outsize year for insurer and enrollment growth. More than 3.6 million new consumers entering the market are choosing among an average of 88 plans.

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The Tax Advantages of Hiring Your Child This Summer

Machen McChesney

Summer is around the corner, so you may be thinking about hiring young people at your small business. At the same time, you may have children looking to earn extra spending money. You can save family income and payroll taxes by putting your child on the payroll. It’s a win-win!

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Tilray Shares Volatile After Cannabis Company Announces M&A Deal, Q3 Revenue Miss

Benzinga

Shares of Tilray Inc (NASDAQ: TLRY ) are trading near flat in Monday's after-hours session after the company reported third-quarter financial results — and an acquisition. Here’s what investors need to know. By The Numbers: Tilray reported third-quarter revenues of $145.6 million, which missed the average analyst estimate of $202.47 million, according to Benzinga Pro.

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Key trends in investor voting policies from the 2022 (AGM) season

Harvard Corporate Governance

Posted by Dan Konigsburg and William Touche, Deloitte & Touche LLP, on Thursday, April 13, 2023 Editor's Note: Dan Konigsburg is a Senior Managing Director and William Touche is a London Senior Partner and Vice Chairman at Deloitte & Touche LLP. This post is based on their Deloitte memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian Bebchuk and Roberto Tallarita; How Much D

Equity 176
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Decarbonizing the chemical industry

Mckinsey and Company

Meeting decarbonization targets requires reducing CO2 emissions from the difficult-to-abate chemical industry. The German chemical industry exemplifies what can be done if four levers are pulled.

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Europe’s biggest Spac to be wound up

Financial Times M&A

Shell company backed by Bernard Arnault and Jean Pierre Mustier fails to find suitable target

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Manchester United Braces For Third Round Of Bids; Eyes Offers Above $6B

Benzinga

Manchester United Ltd (NYSE: MANU ) proposes to accept a third round of bids from prospective buyers , due at the end of April. Seven prospective ownership groups have received feedback from the Raine Group investment bank, which the Glazer family tapped to supervise the sale, Sportico reports. The team will likely fetch over $6 billion. INEOS owner Jim Ratcliffe and Qatari.

Banking 98