Peak Business Valuation

DECEMBER 10, 2023

Employee Stock Ownership Plans (ESOPs) are a popular way for companies to provide retirement benefits to their employees. With an ESOP, a company’s original investors retain ownership of the business. However, employees are given or enabled to purchase shares in the company, making them direct stakeholders. Whether you are starting, purchasing , or expanding a business , you may consider setting up an employee stock ownership plan.

Business Valuation 52

Business Valuation Fair Market Value Start-ups Appraisal 52

Harvard Corporate Governance

DECEMBER 14, 2023

Posted by Nathan Atkinson (University of Wisconsin), on Thursday, December 14, 2023 Editor's Note: Nathan Atkinson is Assistant Professor at the University of Wisconsin Law School. This post is based on his recent article that was published in the Yale Journal on Regulation. In 2015, the Environmental Protection Agency entered a settlement with ASARCO LLC for violations of the Clean Air Act at a copper smelting plant in Hayden, Arizona.

Compliance 278

Compliance 278

NYT M&A

DECEMBER 14, 2023

The combined newsroom will have more than 70 people.

Mergers & Acquisitions 145

Mergers & Acquisitions 145

Mckinsey and Company

DECEMBER 14, 2023

Organizations with innovation cultures realize more value from strategic technology investments than their peers do, our latest digital survey finds.

Technology 145

Technology Corporate Finance Finance 145

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

Benzinga

DECEMBER 10, 2023

In a recent development in the health insurance sector, Cigna Corporation (NYSE: CI ) has withdrawn from its proposed merger with Humana Inc. (NYSE: HUM ). What Happened: The deal, poised to create a colossal entity in the industry with an estimated $140 billion, fell through due to disagreements over financial terms. With the merger off the table, Cigna is redirecting its strategy towards smaller, targeted acquisitions, reports The Wall Street Journal.

124

124

Harvard Corporate Governance

DECEMBER 11, 2023

Posted by Ben Bates (Harvard Law School), on Monday, December 11, 2023 Editor's Note: Ben Bates is a Research Fellow at the Harvard Law School Program on Corporate Governance. This post is based on his recent paper. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

Compliance 275

Compliance Equity 275

Mckinsey and Company

DECEMBER 13, 2023

View some of our favorite data visualizations from the year to see how data helps translate complex information into compelling stories.

145

145

Musings on Markets

DECEMBER 10, 2023

Can one person make a difference to the value of a business? Of course, and with small businesses, especially those built around personal services (a doctor or plumber’s practice), it is part of the valuation process, where the key person is valued or at least priced and incorporated into valuation. While that effect tends to fade as businesses get larger, the tumult at Open AI, where the board dismissed Sam Altman as CEO, and then faced with an enterprise-wide meltdown, as capital providers and

Key Person Discount 116

Key Person Discount Start-ups Price to Book Marketability 116

Harvard Corporate Governance

DECEMBER 10, 2023

Posted by Robert Appleton, Jason Saltsberg, and Brian Roe, Olshan Frome Wolosky LLP, on Sunday, December 10, 2023 Editor's Note: Robert Appleton and Jason Saltsberg are Partners and Brian Roe is an Associate at Olshan Frome Wolosky LLP. This post is based on their Olshan memorandum. On January 1, 2024, the Corporate Transparency Act (“CTA”) comes into effect.

235

235

NYT M&A

DECEMBER 14, 2023

The congressional news start-up is doubling down on information for its audience of Capitol Hill obsessives.

Start-ups 122

Start-ups Mergers & Acquisitions 122

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

Mckinsey and Company

DECEMBER 11, 2023

A people-focused approach to AI can transform jobs for the better—and improve performance, too.

145

145

Financial Times M&A

DECEMBER 14, 2023

Banks are facing serious losses on the debt as social media platform’s business deteriorates

Banking 112

Banking 112

Harvard Corporate Governance

DECEMBER 13, 2023

Posted by Robert T. Miller (University of Iowa), on Wednesday, December 13, 2023 Editor's Note: Robert T. Miller is the F. Arnold Daum Chair in Corporate Finance and Law and the Associate Dean for Faculty Development at the University of Iowa College of Law. This post is based on his recent paper forthcoming in the Journal of Corporation Law and is part of the Delaware law series ; links to other posts in the series are available here.

Corporate Finance 211

Corporate Finance Finance 211

NYT M&A

DECEMBER 10, 2023

Department stores have been a frequent target of takeover attempts by investors looking to take advantage of prime real estate.

Mergers & Acquisitions 117

Mergers & Acquisitions 117

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

Mckinsey and Company

DECEMBER 13, 2023

Explore some of our most visually engaging, “only McKinsey” insights of 2023—brought to life with innovative, interactive forms of storytelling.

145

145

Financial Times M&A

DECEMBER 10, 2023

Merger would have been largest of year and created a $140bn healthcare insurer

111

111

Harvard Corporate Governance

DECEMBER 13, 2023

Posted by Maria Vu, Lisa-Marie O’Malley, Brandon Pak, Glass, Lewis & Co., on Wednesday, December 13, 2023 Editor's Note: Maria Vu is Senior Director of Executive Compensation Research, Lisa-Marie O’Malley is Lead Analyst, and Brandon Pak is Research Analyst at Glass, Lewis & Co. This post is based on a Glass Lewis article by Ms. Vu, Ms. O’Malley, Mr.

Equity 173

Equity 173

N Contracts

DECEMBER 13, 2023

December is here, and so is another episode of Ncontracts’ Regulatory Brief covering all the major regulatory news, trends, and updates of the past month.

111

111

Mckinsey and Company

DECEMBER 13, 2023

Discover how our authors’ words inspired our designers’ most creative choices, offering a hopeful view of a future fueled by sustainable, inclusive growth.

144

144

Financial Times M&A

DECEMBER 10, 2023

Two new shareholders, PIF and Ardian could increase their investment further as part of airport’s ownership structure

Equity 111

Equity 111

Harvard Corporate Governance

DECEMBER 11, 2023

Posted by Subodh Mishra, ISS STOXX, on Monday, December 11, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on an ISS Corporate Solutions memorandum by Jun Frank , Global Head of Compensation & Governance Advisory; Stephan Stegmueller , Head of Compensation & Governance Advisory, EMEA and APAC; Yan Xu, Senior Adviser, EMEA; and Fredrik Lundin, Senior Sustainability Solutions Product Manager at ISS-Corp

Equity 162

Equity Marketability 162

Benzinga

DECEMBER 15, 2023

La Rosa Holdings Corp (NASDAQ: LRHC ) has acquired a 100% interest in the company’s franchisee - La Rosa Realty CW Properties in Longwood, Florida. CW Properties generated revenue of $3.4 million and had positive net income in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis.

109

109

Mckinsey and Company

DECEMBER 13, 2023

Serving on a corporate board can open new career vistas while rounding out your skills and experience. But how do you join one? Here are six steps to becoming a board member.

Corporate Finance 143

Corporate Finance Finance 143

Financial Times M&A

DECEMBER 9, 2023

The UK asset manager is being ejected from the FTSE 250 after billions in outflows and losing half its market value

Marketability 110

Marketability 110

Harvard Corporate Governance

DECEMBER 15, 2023

Posted by Amelia Miazad (University of California at Davis), on Friday, December 15, 2023 Editor's Note: Amelia Miazad is a Professor at the UC Davis School of Law. This post is based on her recent paper. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

Marketability 154

Marketability 154

Machen McChesney

DECEMBER 12, 2023

The holiday season is here. During this festive season, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties. It’s a good time to review the tax rules associated with these expenses. Are they tax deductible by your business, and is the value taxable to the recipients?

106

106

Mckinsey and Company

DECEMBER 14, 2023

Retailers face costly packaging supply constraints, making it harder to contend with consumer and regulatory pressure to be more sustainable. Four actions can help.

142

142

Financial Times M&A

DECEMBER 15, 2023

3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions

Equity 110

Equity 110

Harvard Corporate Governance

DECEMBER 12, 2023

The Program on Corporate Governance at Harvard Law School (HLS) is seeking applications for Corporate Governance Post Doctoral Fellowships from highly qualified candidates with graduate training in finance, economics, or accounting. Applications are considered on a rolling basis, and the start date is flexible. Appointments are for one year but the appointment period can be extended for additional one-year period/s (contingent on business needs and funding as are other Program positions).

Finance 150

Finance 150

Trout CPA

DECEMBER 12, 2023

Trout CPA is thrilled to announce that Aaron S. Grumbling, CPA , has joined our team as a Client Accounting Services Manager. Aaron joins our firm with over 30 years of experience, primarily in the not-for-profit industry. His extensive work experience includes working as a Finance Director for a non-profit county library and as an audit principal at a regional CPA firm.

Finance 106

Finance 106

Mckinsey and Company

DECEMBER 12, 2023

Public funding for biotech remains tenuous, but in 2022 and 2023 venture capitalists have continued to pour money into innovative platforms that could revolutionize the sector.

142

142

Financial Times M&A

DECEMBER 15, 2023

Oil major reduces global refining portfolio to focus on large sites integrated with chemicals and trading businesses

110

110

Harvard Corporate Governance

DECEMBER 9, 2023

Posted by Cydney S. Posner, Cooley LLP, on Saturday, December 9, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. The SEC has announced its Enforcement stats for fiscal 2023, which revealed that the SEC filed 784 total enforcement actions, up 3% from the 760 filed in fiscal 2022. However, the level of financial remedies declined in fiscal 2023 to $4.9 billion from a record $6.4 billion last year.

Compliance 133

Compliance 133

N Contracts

DECEMBER 12, 2023

BRENTWOOD, Tenn., December 12, 2023 --     Ncontracts , the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced it has acquired Quantivate, a growing provider of governance, risk, and compliance (GRC) solutions for banks and credit unions.

Compliance 105

Compliance Banking 105