Harvard Corporate Governance

FEBRUARY 1, 2024

For a tranche to vest, Tesla’s market capitalization must increase by $50 billion and Tesla must achieve either an adjusted EBITDA target or a revenue target in four consecutive fiscal quarters. With a $55.8 billion maximum value and $2.6

EBITDA 338

EBITDA Market Capitalization Equity Marketability 338

Harvard Corporate Governance

AUGUST 25, 2022

market capitalization, at meetings held on or before June 30, 2022. The Rule 14a-8 shareholder proposals we discuss are those submitted to and/or voted on at annual meetings of the U.S. members of the S&P Composite 1500, which covers approximately 90% of U.S. We estimate that around 90% of U.S.

Market Capitalization 276

Market Capitalization Marketability 276

Mckinsey and Company

SEPTEMBER 4, 2024

Retail investors are investing more of their capital in companies that have the highest market capitalizations. Intrinsic investors are taking a different approach.

Market Capitalization 131

Market Capitalization Marketability Corporate Finance Finance 131

Harvard Corporate Governance

AUGUST 25, 2022

market capitalization, at meetings held on or before June 30, 2022. The Rule 14a-8 shareholder proposals we discuss are those submitted to and/or voted on at annual meetings of the U.S. members of the S&P Composite 1500, which covers approximately 90% of U.S. We estimate that around 90% of U.S.

Market Capitalization 246

Market Capitalization Marketability 246

Harvard Corporate Governance

SEPTEMBER 18, 2023

These deviations amount to over $60 billion in discretionary investment decisions, roughly equivalent to Target Corporation’s entire market capitalization. We analyze funds that track the S&P 500 – the most widely used index – and find their holdings regularly diverge from the index’s, by between 1.7% more…)

Market Capitalization 228

Market Capitalization Marketability 228

Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. This dance between companies and investors, playing out in expected and actual earnings, is a feature of every earnings season, especially so in the United States, and it has always fascinated me.

Marketability 134

Marketability Start-ups Discounted Cash Flow Market Capitalization 134

Global Finance

JUNE 18, 2024

The Hyundai India IPO that was announced earlier this year has become a bellwether for the health of Indian stock markets and particularly its IPO market, now that the South Korean carmaker has reportedly filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on June 15.

Marketability 105

Marketability Equity Start-ups Banking 105

Harvard Corporate Governance

OCTOBER 22, 2024

Fair value transfer is the aggregate grant date fair value of all long-term incentive awards granted during a given year as a percentage of company market capitalization value at grant and as a percent of revenue. Overhang, measured based on potential share dilution as well as the fair value of outstanding grants.

Market Capitalization 146

Market Capitalization Equity Marketability 146

Benzinga

JANUARY 17, 2023

Shiba Inu (CRYPTO: SHIB ) surpassed Litecoin (CRYPTO: LTC ) to become the thirteenth largest cryptocurrency by market capitalization early on Wednesday. What Happened: At the time of writing, SHIB’s market cap stood at $6.9 billion, while Litecoin’s market cap was at $6.3

Market Capitalization 128

Market Capitalization Marketability 128

Harvard Corporate Governance

MAY 18, 2022

The collapse killed 270 people, caused immeasurable environmental and social harm, and led to a loss of more than $4 billion in Vale’s market capitalization.” debt markets. As described in this press release , the SEC has filed a complaint against Vale S.A.,

Market Capitalization 233

Market Capitalization Marketability 233

Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Harvard Corporate Governance

MARCH 28, 2023

billion and median market capitalization of $7.0 This post investigates compensation actions for CEOs and CFOs at S&P 1500 companies that have fiscal year ends between 9/30 and 11/30. The sample consists of fifty cross-industry companies with median revenue of $4.6 incentive compensation) slightly lower for CFOs (more…)

Equity 228

Equity Market Capitalization Marketability 228

Harvard Corporate Governance

OCTOBER 5, 2024

EXECUTIVE SUMMARY Our 2024 Annual Incentive Plan Report provides a comprehensive review of the annual incentive plans of the top 250 largest companies in the S&P 500 by market capitalization.

Market Capitalization 159

Market Capitalization Marketability 159

Harvard Corporate Governance

AUGUST 7, 2023

Another turning point occurred in 2018 when the board of Tesla awarded CEO Elon Musk a performance-vested stock-option package valued at up to $56 billion , based on achieving an aggressive series of market capitalization, revenue, and cash flow targets over a 10-year period.

Equity 230

Equity Market Capitalization Technology Marketability 230

Harvard Corporate Governance

FEBRUARY 21, 2024

3] The Grant On January 21, 2018, Tesla’s Board of Directors (the “Board”) [4] unanimously approved the Grant, which would vest based on Tesla’s achievement of certain market capitalization goals, as well as operational milestones related to revenue and adjusted EBITDA targets. The process arrived at an unfair price.” [3]

Equity 227

Equity EBITDA Market Capitalization Marketability 227

Harvard Corporate Governance

OCTOBER 23, 2024

As companies review their executive compensation program designs and related corporate governance policies, it can be helpful to consider current market practices and recent trends in order to inform discussions in the boardroom. These companies have median revenues and market capitalizations of $24.8B

Market Capitalization 112

Market Capitalization Marketability 112

Law 360 M&A

APRIL 30, 2024

For microcap issuers, the special-purpose acquisition vehicle market tells a cautionary tale in which few targets attain the advantages they seek, and important considerations for companies with market capitalization of under $300 million include negotiating costs and expenses upfront to avoid becoming saddled with debt, say attorneys at Lucosky Brookman. (..)

Marketability 52

Marketability Market Capitalization 52

Harvard Corporate Governance

AUGUST 22, 2022

Compliance costs are not a significant portion of market capitalization. the impact of climate-related events and transition activities on the line items of a registrant’s consolidated financial statements, as well as on the financial estimates and assumptions used in the financial statements. Let us start with the costs.

Compliance 188

Compliance Market Capitalization Marketability 188

Benzinga

NOVEMBER 8, 2022

What Happened: The overall cryptocurrency market capitalization dropped on Tuesday on the heels of Binance selling its position in the FTX token (CRYPTO: FTT ). Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.

Market Capitalization 98

Market Capitalization Marketability 98

Benzinga

APRIL 22, 2022

A 12-tranche bonus structure depending on market cap was incorporated in the agreement, with each tranche split into $50-billion portions. Starting with $100 billion, each $50 billion in market capitalization unlocked the following tranche. This would mean that once Musk took Tesla to. Full story available on Benzinga.com.

Market Capitalization 95

Market Capitalization Marketability 95

Harvard Corporate Governance

JUNE 18, 2022

exchanges had a total market capitalization of $1.4 capital markets play by our rules. China Economic and Security Review Commission reports that, as of March 31, 2022, Chinese companies listed on the three largest U.S. If you want to issue public securities in the U.S.,

Market Capitalization 131

Market Capitalization Marketability 131

Harvard Corporate Governance

SEPTEMBER 30, 2022

companies with market capitalizations of at least $100 million and where ISS and Glass Lewis published voting recommendations. At the same time, those proxy advisors’ recommendations have offered specific critiques of activists’ campaigns that suggest how activists can alter their approaches to achieve more success.

Market Capitalization 143

Market Capitalization Marketability 143

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. If impact investing were measured entirely on fund flows into green energy companies and out of fossil fuel companies, it has clearly succeeded.

Market Capitalization 112

Market Capitalization Enterprise Value Start-ups Marketability 112

Reynolds Holding

AUGUST 25, 2022

Securities and Exchange Commission (SEC) commenced the first ever lawsuit charging insider trading in cryptocurrency markets. Perceptions of lawlessness in cryptocurrencies and pseudo-anonymity whereby cryptocurrency traders can remain anonymous likely contribute to criminal activity within cryptocurrency markets. Regulatory Concerns.

Marketability 59

Marketability Market Capitalization Finance Technology 59

Benzinga

OCTOBER 8, 2024

The stock market's insatiable appetite for high-growth stories often leaves a trail of undervalued opportunities in its wake. Blue-chip stocks are the corporate world's stalwarts and frequently get overshadowed by the allure of the latest market darlings. Its current P/E ratio of 17.65 sits below the industry average of 38.5,

Dividends 52

Dividends Marketability Book Value Market Capitalization 52

Harvard Corporate Governance

JUNE 7, 2024

Such companies currently enter from time to time into stockholder agreements when they settle with hedge fund activists. In a study titled Dancing with Activists , which Brav, Jiang, Keusch, and I co-authored, we provide an empirical study of hundreds of such settlement agreements and document the types of provisions that they include.

Market Capitalization 122

Market Capitalization Finance Marketability 122

Harvard Corporate Governance

MARCH 25, 2024

The target companies span a range of market capitalizations, industries, and geographies, and include names like Walgreens, Amazon, and Verisk Analytics. These letters go beyond a traditional “sell” rating, instead advocating for specific, sometimes wholesale, changes at the company.

Market Capitalization 138

Market Capitalization Marketability 138

Sun Acquisitions

SEPTEMBER 27, 2024

While high-profile mega-deals frequently dominate headlines, mid-market transactions usually harbor invaluable lessons for aspiring entrepreneurs and seasoned executives. Let’s delve into some illuminating success stories from the mid-market landscape and distill the key takeaways. billion epitomizes this ethos.

Marketability 59

Marketability Dividends Technology Market Capitalization 59

Musings on Markets

FEBRUARY 12, 2022

It has been a rocky year so far, in 2022, with worries about inflation competing with hopes about recovery for the market's attention. Netflix and Facebook saw drops of 20% or more in market capitalization, following negative earnings reports, but Amazon and Google beat market expectations. to 14.9%. to 14.9%.

Market Capitalization 103

Market Capitalization Equity Marketability Start-ups 103

Global Finance

OCTOBER 7, 2024

Intel’s market share continues to decline. Its stock price has plummeted 60% this year and its market capitalization fell below $100 billion in early August: the first time that has happened since 2012. This would translate to a market value of about $135 billion.

Private Equity Firm 93

Private Equity Firm Finance Market Capitalization Marketability 93

Benzinga

OCTOBER 7, 2022

That's a humongous discount from the company's peak market capitalization of $7.3 What Happened : Over the last three months, analysts offered 12-month price targets for Poshmark, giving it an average of $15.38 with a high of $17.50 and a low of $11. billion when it went public in January 2021.

Market Capitalization 96

Market Capitalization Marketability 96

Benzinga

MAY 6, 2024

Ordered by market capitalization , tier 1 MSOs include Curaleaf Holdings (OTC: CURLF ) at $4.15 In simpler terms, larger companies can now achieve more growth through acquisitions than before, as they can purchase other companies at relatively lower prices compared to their market value. million, among others.

Market Capitalization 78

Market Capitalization Marketability Mergers & Acquisitions 78

Reynolds Holding

APRIL 4, 2022

Today, you’ve invited me to talk about the roughly $2 trillion crypto markets. The dot-com bubble burst, though, created significant tremors in our markets. There’s no reason to treat the crypto market differently just because different technology is used. has the greatest capital markets because investors have faith in them.

Marketability 65

Marketability Start-ups Banking Compliance 65

Musings on Markets

SEPTEMBER 1, 2021

For the last two decades, China has been the dominant story for both the global economy and capital markets, as the country's immense growth and infrastructure investments have sustained commodity prices, and altered the balance of world economic power.

Market Capitalization 98

Market Capitalization Marketability Start-ups Technology 98

Value Scope

NOVEMBER 3, 2023

Blackberry, the once dominant player in the smartphone market, failed to adapt to the evolution of touchscreen technology and app ecosystem in favor of physical keyboards and its web browser. The company once controlled about 20% of the smartphone market in 2010 with a market capitalization of $40 billion.

Business Valuation 130

Business Valuation Start-ups Market Capitalization Marketability 130

Valutico

MARCH 9, 2023

With a market capitalization of €395 billion, it is the most valuable company in Europe. In comparison to LVMH’s market capitalization of €395 billion we suggest that the company is fairly valued. The post Will luxury brand LVMH continue to outpace the stock market? appeared first on Valutico.

Discounted Cash Flow 52

Discounted Cash Flow Marketability EBIT Market Capitalization 52

Reynolds Holding

FEBRUARY 5, 2023

In a new article, we explain how the market misprices the news so severely. Questioning the Status Quo The traditional theory of financial markets is the efficient market hypothesis (EMH), which holds that all news is factored into stock prices immediately and correctly, on average. We find no evidence for this possibility.

Marketability 59

Marketability Alpha Equity Firm Value 59