Sat.Jun 25, 2022 - Fri.Jul 01, 2022

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Disclosure of the Extent to which Firms Invest in their Workforce

Harvard Corporate Governance

Posted by Colleen Honigsberg (Stanford Law School) and Shivaram Rajgopal (Columbia Business School), on Wednesday, June 29, 2022 Editor's Note: Colleen Honigsberg is an Assistant Professor at Stanford Law School; and Shivaram Rajgopal is the Roy Bernard Kester and T.W. Byrnes Professor of Accounting and Auditing at Columbia Business School. This post is based on a rulemaking petition submitted to the U.S.

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Perspectives Paper: Defining & Estimating Social Value

IVSC

Following the publication of our first Perspectives Paper in this series on Social Value in November 2020, the IVSC’s Social Value Working Group has issued a further paper to explore some of the issues in more detail. This second paper in the series examines whether Social Value can be a basis of value, the difference between Social Value and the Social component of ESG, and whether the existing valuation principle of highest and best use can apply to Social Assets and Social Value.

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Trending Sources

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Transforming advanced manufacturing through Industry 4.0

Mckinsey and Company

Manufacturers in industries such as automotive and electronics, nearing the tipping point of digital adoption, are achieving even faster and more sustainable change through Industry 4.0.

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OKR vs KPI: What Are They and Why Do You Need Both? (With Examples)

Rhythm Systems

As a training and on-boarding expert at Rhythm Systems, I know a lot about KPIs. Recently, I’ve also learned a lot about OKRs. Many of my newer clients have come to us for a systematic way to implement their OKRs. As I help these clients map their goals into our Rhythm strategy execution software , I’ve been thinking a lot about whether the KPIs I know and love have a place in this world of Objectives and Key Results.

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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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Enhancing the Transparency of ESG Investing and Stewardship

Harvard Corporate Governance

Posted by Nichol Garzon-Mitchell, Glass, Lewis & Co., on Monday, June 27, 2022 Editor's Note: Nichol Garzon-Mitchell is Chief Legal Officer and Senior Vice President of Corporate Development at Glass, Lewis & Co. This post is based on her Glass Lewis memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A.

Finance 315
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FTX Bails Out BlockFi, Has Option To Purchase For Up To $240 Million: What You Need To Know

Benzinga

After numerous days of conflicting reports leaving BlockFi investors and crypto watchers on edge, company CEO Zac Prince took to Twitter on Friday to announce that FTX signed a deal to bail out the embattled crypto firm. The Numbers: BlockFi signed a definitive agreement with the Sam Bankman-Fried led crypto behemoth, FTX , that broadens the initial scope of the term sheet that was agreed to last week.

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West Virginia Appraisal Board Scheme

Appraisers Blog

The Doomed Quest to Reform a corrupt West Virginia Licensing Board “Board members earn money working for a law firm that files lawsuits against appraisers,” said one West Virginia appraiser… Readers of DC Comics will be familiar with Bizarro World, a cube-shaped planet that is home to a weirdly inverted version of reality. The planet is governed by the Bizarro Code, whose ungrammatical main tenet is, “Us do opposite of all Earthly things!

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The High Impact Behaviors of the Most Effective Directors

Harvard Corporate Governance

Posted by Rusty O'Kelley, Rich Fields, and Laura Sanderson, Russell Reynolds Associates, on Tuesday, June 28, 2022 Editor's Note: Rusty O’Kelley co-leads the Board and CEO Advisory Partners in the Americas, Rich Fields leads the Board Effectiveness practice, and Laura Sanderson co-leads the Board and CEO Advisory Partners in Europe at Russell Reynolds Associates.

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The Certified Payroll Professional Corner: Penalties

ThomsonReuters

In our last edition of the Certified Payroll Professional (CPP) Corner, we talked about overtime. Important overtime happenings. As mentioned in the last edition, the U.S. Supreme Court has agreed to decide whether a supervisor of offshore oil rig workers is entitled to overtime pay under federal law even though he earned more than $200,000 a year [ Helix Energy Solutions Group Inc v.

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Meet the psychological needs of your people—all your people

Mckinsey and Company

Too many employers pay too little heed to the needs of the lower earners in their company. Here’s why—and how—they should shift gears.

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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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MamaMancini's Buys Stake In Chef Inspirational Foods

Benzinga

MamaMancini's Holdings Inc (NASDAQ: MMMB ) has agreed to acquire a 24% minority interest in Chef Inspirational Foods, Inc. (CIF) for an investment of $1.2 million. The transaction implies an enterprise value for CIF of $5 million. Founded in 2008, CIF sells fresh and frozen prepared foods for the supermarket, club store, and distributor trade across.

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Eclipse of Rent-Sharing: The Effects of Managers’ Business Education on Wages and the Labor Share in the US and Denmark

Harvard Corporate Governance

Posted by Daron Acemoglu (MIT), Alex He (University of Maryland), and Daniel le Maire (University of Copenhagen), on Monday, June 27, 2022 Editor's Note: Daron Acemoglu is Institute Professor of Economics at Massachusetts Institute of Technology; Alex He is Assistant Professor of Finance at the University of Maryland Robert H. Smith School of Business; and Daniel le Maire is Associate Professor of Economics at the University of Copenhagen.

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Benefits of having an IRS online account

Henry Horne

A safe and easy way to view information about your federal tax account is to have an IRS online account. It’s secure and free. To access your information online, you will need to register through ID.me which is a trusted technology provider, to provide identity verification and sign-in services that the IRS uses. The IRS … Keep Reading. The post Benefits of having an IRS online account appeared first on Henry+Horne.

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E-commerce: At the center of profitable growth in consumer goods

Mckinsey and Company

Winning North American consumer goods companies are fundamentally rethinking their capabilities and operating models to meet the evolving needs of consumers and customers.

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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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5 OKR Pitfalls Rhythm's Software Can Help You Avoid

Rhythm Systems

Using OKRs, or Objectives and Key Results has become more and more popular as a goal-setting framework. And, it's no surprise! It's an effective system used by many highly successful organizations to set and achieve goals. We've worked with many clients to implement Rhythm, and some of them have come to us because they've struggled to implement OKRs or EOS or other business goal frameworks successfully.

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Long-Awaited ESG Rules

Harvard Corporate Governance

Posted by Mary Beth Houlihan, Brad Green, and David Marcinkus, Kirkland & Ellis LLP, on Sunday, June 26, 2022 Editor's Note: Mary Beth Houlihan, Brad Green , and David Marcinkus are partners at Kirkland & Ellis LLP. This post is based on a Kirkland & Ellis memorandum by Ms. Houlihan, Mr. Green, Mr. Marcinkus, Alexandra Farmer , Nicole Runyan and Jennie Morawetz.

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What Are Health Plan MRF Disclosures, and How Often Do They Have to Be Updated?

ThomsonReuters

QUESTION: We’ve heard that our company’s group health plan must make public transparency disclosures that include MRFs. What are MRFs, and how often do they have to be updated? ANSWER: The agencies use the acronym “MRF” to refer to the machine-readable files that must be made public as part of the ACA’s price transparency requirement. Under implementing regulations issued in November 2020, most health plans and insurers in the individual and group markets must make transparency in coverage (Ti

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Mission not meetings: How government leaders could avoid self-sabotage

Mckinsey and Company

Government leaders get up in the morning for the mission, but they often spend their day working against the bureaucracy. This can lead to self-sabotage, and it is not uncommon. But it can be overcome.

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Robinhood Merger With FTX Could Be 'Win-Win': Why This Analyst Is Bullish On M&A Rumors

Benzinga

Rumors of Robinhood Markets Inc (NASDAQ: HOOD ) being acquired by FTX sent shares soaring Monday. While FTX CEO and co-founder Sam Bankman-Fried put the rumors to rest for now, one analyst can’t help but think of the possibility of a merger. The Robinhood Analyst: Piper Sandler analyst Richard Repetto has a Neutral rating on Robinhood and a price target of $11.

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Paying Well By Paying for Good

Harvard Corporate Governance

Posted by Phillippa O’Connor and Tom Gosling, PricewaterhouseCoopers UK, on Saturday, June 25, 2022 Editor's Note: Phillippa O’Connor is a Reward & Employment Leader at PwC United Kingdom, and Tom Gosling is an Executive Fellow in the Department of Finance at London Business School. This post is based on their PwC UK memorandum. Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) and

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Market Conditions Blamed For Canceled Merger, Panera IPO

Law 360 M&A

Panera Brands Inc. and a special-purpose acquisition company backed by restaurateur Danny Meyer ended an investment deal Friday that would have supported the eatery chain's initial public offering, while another SPAC merger was also canceled, both blaming market conditions.

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A single approach to culture transformation may not fit all

Mckinsey and Company

It can be hard for organizations with many independent business units to achieve cohesion among them and transform their culture. Remember: it’s better to bend than break.

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JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

Benzinga

If anything can be said about JetBlue Airways (NASDAQ: JBLU ), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc. (NYSE: SAVE ), which is still focused on merging with Frontier Airlines , a unit of Frontier Group Holdings Inc. (NYSE: ULCC ). What Happened: In a Tuesday letter to Spirit shareholders, JetBlue CEO Robin Hayes declared his company’s “already superior proposal” would be sweetene

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Avoiding “Entire Fairness” Review in Claims against SPAC Boards through Corwin

Harvard Corporate Governance

Posted by James Jian Hu and Andrew Hammond, White & Case LLP, on Saturday, June 25, 2022 Editor's Note: James Jian Hu and Andrew Hammond are partners at White & Case LLP. This post is based on a White & Case memorandum by Mr. Hu, Mr. Hammond, Joel Rubinstein , and Jonathan Rochwarger , and is part of the Delaware law series ; links to other posts in the series are available here.

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Russia's War Is Complicating US M&A In The UK And Europe 

Law 360 M&A

Since Russia invaded Ukraine, U.S. appetite for acquisitions in the U.K. and Europe has dampened, as experts say the headwinds of war, combined with inflation and rising interest rates, have combined to create an overall challenging global environment.

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From crude oil to chemicals: How refineries can adapt to shifting demand

Mckinsey and Company

The energy transition will reduce demand for oil products but increase opportunities to capture the growing demand for petrochemicals.

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Byju's Eyes EdTech 2U At ~61% Premium: Bloomberg

Benzinga

Indian online education provider Byju's has offered to buy 2U Inc (NASDAQ: TWOU ) for $15 a share in cash, valuing the edtech company at more than $1 billion, reported Bloomberg , citing a person familiar with the matter. The report noted the offer was. Full story available on Benzinga.com.

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The Enhancement and Standardization of Climate-Related Disclosures for Investors

Harvard Corporate Governance

Posted by Leo E. Strine, Jr. (University of Pennsylvania), on Tuesday, June 28, 2022 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; of counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

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Five Ways to Use Business Valuation as a Powerful Engagement Tool During Quarterly Meetings

Biz Equity

For CPAs and tax professionals, meeting quarterly with business owner clients is critical for success. Find out how business valuation can create a repeatable framework for engaging clients and providing meaningful advice.

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Video entertainment in 2030

Mckinsey and Company

McKinsey experts predict that video entertainment, in all its forms, will become more immersive, gamified, and personalized.

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Why Spirit Airlines Stock Is Moving Lower Today

Benzinga

Spirit Airlines Inc (NYSE: SAVE ) shares are trading lower Monday after the company announced an amended merger agreement with Frontier Group Holdings Inc (NASDAQ: ULCC ) which features a lower cash consideration, but more stock, than the acquisition offer from JetBlue Airways Corp (NASDAQ: JBLU ). Under the terms of the amended agreement, Frontier will increase the per-share cash consideration payable to Spirit shareholders to $4.13 in cash, in addition.

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The Impact of Technology on Climate Oversight: What Board Directors Need to Know

Harvard Corporate Governance

Posted by Maria Moats and Mitra Best, PricewaterhouseCoopers LLP, on Thursday, June 30, 2022 Editor's Note: Maria Castañón Moats is Leader and Mira Best is Technology Impact Leader 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 by Lucian A.

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The Certified Payroll Professional Corner: Employment Taxes

ThomsonReuters

Summer is starting, so if you are planning to take the Certified Payroll Professional (CPP) exam during the Summer/Fall 2022 testing period, it would be a good idea to start working on those flashcards and find information for the seven main topics of the CPP test. According to the American Payroll Association (APA) website, core payroll concepts make up 24% of the exam.

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Pandemic to endemic: Where do US public-health systems go from here?

Mckinsey and Company

As COVID-19 moves from a pandemic to an endemic disease in the United States, the country could take the opportunity to create stronger, more equitable public-health systems.

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