Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Business Valuation When Settling an Estate

BV Specialists

When there’s a need to settle someone’s estate, there are a lot of things to consider, and given the emotional component of this difficult and hectic time, it can become overwhelming. If the individual wholly owned or was a partner in a business, you will need to consider placing a value on these estate assets, to properly and fairly include them in the settlement.

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Cyber Governance: Growing Expectations for Information Security Oversight and Accountability

Harvard Corporate Governance

Posted by Subodh Mishra, Institutional Shareholder Services, on Monday, November 6, 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 Liam Hardy, Senior Associate, ISS Corporate Solutions. Digital technology impacts businesses in myriad ways.

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Trending Sources

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Ten key requirements for a systemic approach to climate adaptation

Mckinsey and Company

Civilization has been built on a foundation of climate stability that no longer exists. Adaptation is now as important as mitigation, and so is understanding its interrelated requirements.

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Year-end tax planning strategies: How to set your accounting firm up for success

ThomsonReuters

Jump to: Prioritize staffing and bandwidth Harness the power of technology Shift your value proposition to advisory As the end of the year approaches, many forward-looking accounting firms are not only guiding clients through the intricacies of year-end tax planning, but they are also setting aside time to prepare for the year ahead. In the first of our two-part year-end planning series, we’ll delve into three key ways accounting firms can prepare for next year and ensure sustained futu

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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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Healthcare Insurance Giant Cigna Mulls Offloading Medicare Advantage Business

Benzinga

Cigna Corporation (NYSE: CI ) is reportedly contemplating the sale of its Medicare Advantage business and working with an investment bank to explore options for a business that could be worth billions, according to Reuters. The move follows a decade of expansion in the sector , including the acquisition of HealthSpring for $3.8 billion in 2011, and could signal Cigna's response to a challenging reimbursement environment.

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SEC Clawback Rules: Practical Considerations and FAQs

Harvard Corporate Governance

Posted by Keith Halverstam, Maj Vaseghi, and Jenna Cooper, Latham & Watkins LLP, on Saturday, November 4, 2023 Editor's Note: Keith Halverstam , Maj Vaseghi , and Jenna Cooper are Partners at Latham & Watkins LLP. This post is based on a Latham memorandum by Mr. Halverstam, Ms. Vaseghi, Ms. Cooper, Joel Trotter , Holly Bauer , and Colleen Smith.

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DOL Proposes Increase to Salary Threshold Amounts

Machen McChesney

FocusPay Solutions provides business clients with the Department of Labor (DOL) proposal to increase the minimum weekly salary amount for the exemption for highly compensated employees.

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If FTX Is Up For Sale, New Owners Must Adhere To Law, FTX Chair Gary Gensler Says

Benzinga

SEC Chair Gary Gensler has expressed that a revived FTX (CRYPTO: FTT ) could operate successfully under new leadership, provided it adheres to the law. This comes amid reports that Tom Farley , former president of the New York Stock Exchange, is among the top contenders to acquire the bankrupt crypto exchange. Farley, who launched his own digital asset exchange, Bullish , in May, is reportedly one of the final bidders in the bankruptcy auction.

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The California Effect: Visionary Climate Disclosure Laws Will Have FarReaching Impact

Harvard Corporate Governance

Posted by Matthew H. Ahrens, Allan T. Marks, and Allison Sloto, Milbank LLP, on Friday, November 10, 2023 Editor's Note: Matthew H. Ahrens and Allan T. Marks are Partners, and Allison Sloto is an Assoicate at Milbank LLP. This post is based on a Milbank memorandum by Mr. Ahrens, Mr. Marks, Ms. Sloto, and Thomas D. Goslin. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

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Resilience during uncertainty: What industrial leaders must know

Mckinsey and Company

McKinsey’s Global Resilience Survey reveals how leaders in advanced industries view the current landscape and highlights the challenges ahead as they manage uncertainty.

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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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Comment on Leaving the Appraisal Profession by Rickk

Appraisers Blog

In reply to Older & Maybe Wiswe. Incorrect, at least in Pennsylvania, to appraise real property you had to be a licensed Real Estate broker (not a sales person). But, the truth is, it was a law generally honored in the breech of it.

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Inflexion sells Chambers and Partners in £400mn plus deal

Financial Times M&A

Sale of legal ranking specialist to US investment group Abry Partners is latest deal in sector to attract investor capital

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Divestment and Engagement: The Effect of Green Investors on Corporate Carbon Emissions

Harvard Corporate Governance

Posted by Matthew Kahn (University of Southern California), John Matsusaka (University of Southern California), and Chong Shu (University of Utah), on Monday, November 6, 2023 Editor's Note: Normal 0 false false false EN-US ZH-CN AR-SA Matthew Kahn and John Matsusaka are Professors at the University of Southern California and Chong Shu is a Professor at the University of Utah.

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Cloud-powered technologies for sustainability

Mckinsey and Company

AI, machine learning, the Internet of Things, and other technologies can play a critical role in decarbonization, and the cloud can significantly speed up and catalyze this process.

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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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Maximizing Your Year-End Gifting Strategy

Redpath

As the year swiftly comes to a close, many individuals are considering year-end tax plans, including gifting strategies. If you are not, you should. Making informed decisions about gifts can help mitigate your tax liability and maximize the benefits of your gifting plans—whether they include gifts to nonprofits, family members, other entities, or individuals.

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

Appraisers Blog

In reply to Steve Maher. Receivership… Dare to look what’s really going on with that. I did and provided a research roadmap if anyone was interested. If appraisers would write and appeal to those people instead… [link] Waivers, fees, dismantling of the appraisal profession. Wrote about that too. [link] Perverse incentives to manufacture complaints against appraisers.

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Issues Facing Compensation Committees in 2024

Harvard Corporate Governance

Posted by Mike Kesner, Steve Pakela, and Lane Ringlee, Pay Governance LLC, on Thursday, November 9, 2023 Editor's Note: Mike Kesner is Partner, Steve Pakela and Lane Ringlee are Managing Partners at Pay Governance LLC. This post is based on their Pay Governance memorandum. Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) by Lucian Bebchuk and Roberto Tallarita; Paying for long-term

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How to develop geopolitical resilience

Mckinsey and Company

Geopolitical tensions have been rising, creating significant risks for companies, especially those operating internationally. Here is how to plan ahead.

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How effective are your Sales systems and processes?

JPAbusiness

Sales management is the process of coordinating the salespeople in your business to work towards a common goal i.e. delivering profitable sales volumes that meet or exceed your targets! A high performing sales team “sells on problems and solutions, or options and opportunities, not price!” A key to success in this area – as in most aspects of business – is to ensure your selling activity is underpinned by effective systems and processes, promoting a strong sales culture.

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CRA Modernization Final Rule

N Contracts

CRA Modernization Final Rule: Preparing Your Bank for What Comes Next After years of discussions and false starts, the Federal Reserve, FDIC, and OCC issued their final rule modernizing the Community Reinvestment Act (CRA) on October 24th, 2023. How will CRA modernization impact your bank? What do regulators hope to achieve? What are they looking for from banks?

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Top 5 SEC Developments

Harvard Corporate Governance

Posted by Haimavathi V. Marlier, Michael Birnbaum, and Nicole Serfoss, Morrison & Foerster LLP, on Thursday, November 9, 2023 Editor's Note: Haimavathi V. Marlier , Michael Birnbaum , and Nicole Serfoss are Partners at Morrison & Foerster LLP. This post is based on a Morrison & Foerster memorandum by Ms. Marlier, Mr. Birnbaum, Ms. Serfoss, Jina Choi , and Justin Kareem Rezkalla. we summarize below some of the most important SEC enforcement developments from the past month, with links

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Untapped opportunities for health system pharmacies

Mckinsey and Company

Two McKinsey surveys of health system pharmacy leaders reveal that pharmacies could do more to manage margins, improve patient access, and position themselves as strategic sources of growth.

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Comment on Seller Filed a Racial Bias Complaint Against Me by John Daley

Appraisers Blog

Amazing article Kimberly. As a recently retired appraiser I am sorry you are going through this. As a professional I apologize to you for other people’s actions. Specifically, you have an Appraisal Institute that has absolutely no backbone and has done nothing to support appraisers in this assault. You are exactly right that this is a setup. My appraiser brother and I saw this coming 10 years ago.

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Student Loans Increase Credit Risk

N Contracts

Beginning on March 30, 2020, the U.S. Department of Education suspended federal student loan repayments and halted collection on defaulted student loan debt.

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Unlocking Hidden Value Through Engagement

Harvard Corporate Governance

Posted by Kei Okamura, Neuberger Berman, on Sunday, November 5, 2023 Editor's Note: Kei Okamura is a Portfolio Manager at Neuberger Berman. This post is based on his Neuberger Berman memorandum. Related research from the Program on Corporate Governance includes The Agency Problems of Institutional Investors (discussed on the Forum here ) by Lucian Bebchuk, Alma Cohen, Scott Hirst; Index Funds and the Future of Corporate Governance: Theory, Evidence and Policy (discussed on the Forum here ) and T

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Increasing diversity in mining: Three years on

Mckinsey and Company

A recent survey found that mining companies have made some diversity, equity, and inclusion progress but can do much more to champion diverse talent to overcome talent shortages and skills gaps.

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Comment on Fannie Mae Filed a Complaint Against Me by Ralph

Appraisers Blog

Thanks for sharing, ones like these I usually avoid, once you go out 15-20 miles and you are in a niche market, those types of reports get flagged all day long, will usually trigger a field review and are typically harder loans to sell to investors. Hope you don’t lose business over this one and no claims are filed against your E and O.

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FASB Finalizes New Crypto Standard in Record Time

Machen McChesney

On September 6, the Financial Accounting Standards Board (FASB) unanimously voted to finalize new accounting rules on cryptocurrency assets — less than five months after the proposed standard was issued for public comment. Here’s what companies that hold these assets should know.

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Silicon Valley and S&P 100: A Comparison of 2023 Proxy Season Results

Harvard Corporate Governance

Posted by David A. Bell, and Ron C. Llewellyn, Fenwick & West LLP, on Tuesday, November 7, 2023 Editor's Note: Normal 0 false false false EN-US JA AR-SA David A. Bell is a Partner and Co-Chair of Corporate Governance, and Ron C. Llewellyn is a Corporate Governance Counsel at Fenwick & West LLP. This post is based on their Fenwick memorandum.

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Do big companies cut dividends to grow?

Mckinsey and Company

Large, stable corporations almost never cut dividends as a strategic choice. Instead, they reduce dividends only when they have low earnings or when challenging economic conditions force their hand.

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Comment on Appraisal Bias Mantra is Largely False Reporting by Baggins

Appraisers Blog

Just How Commonplace Is Appraisal Bias? It's been proven that most of the allegations are mostly a dump truck load of bovine substance.

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Data Governance: Working Toward Mission Accomplished

Machen McChesney

Data is the lifeblood of any modern organization — a critical asset that is not only used to operate the business but can also fuel innovation, reduce costs, and increase revenue. But managing data assets effectively comes with a set of challenges that can be difficult for organizations to navigate. Creating an effective data governance policy can help organizations mitigate risk and capitalize on opportunities.

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SEC Adopts Amendments to Beneficial Ownership Reporting Rules

Harvard Corporate Governance

Posted by Eric Orsic, Thomas Conaghan, and Heidi Steele, McDermott Will & Emery LLP, on Wednesday, November 8, 2023 Editor's Note: Eric Orsic , Thomas Conaghan , and Heidi J. Steele are Partners at McDermott Will & Emery LLP. This post is based on their MWE memorandum. 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; The Law and Economics of Blockholder Disclosure (dis

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Author Talks: Anu Bradford discusses the race to become the next technology superpower

Mckinsey and Company

The global battle among the three digital powers—the United States, China, and the European Union—is intensifying. Anu Bradford explores competing digital governance models and why some are more likely to prevail than others.