Harvard Corporate Governance

DECEMBER 5, 2023

In Market Response to Racial Uprisings , we study how such uprisings influence firms with connections to law enforcement. The movement, which resulted in the largest sustained protest in U.S. history, sparked numerous debates about the role of policing in the U.S. and how it intersects with systemic racism (New York Times, 2020).

Marketability 222

Marketability 222

Harvard Corporate Governance

OCTOBER 2, 2023

Investors may have incentives to keep secret these activities to maintain their trading advantage over the market. Site visits are considered costly and significant activities for investors to acquire information. Therefore, it raises the question of why an investor would voluntarily disclose the incidence of their site visits.

Marketability 222

Marketability Finance Technology 222

Harvard Corporate Governance

SEPTEMBER 11, 2023

However, because of long-run persistence in insider trading enforcement and a lack of variation in the underlying laws, we have surprisingly little well-identified empirical evidence on the market benefits conveyed by strictly regulating insider trading. more…)

Marketability 212

Marketability 212

Viking Mergers

APRIL 24, 2023

For some, the numbers make sense to go to market now. So ensure before going to market that you are accurately tracking your inventory and have an inventory management system in place. The post Not Every Business Is Ready To Go To Market With Viking: Here’s Why appeared first on Viking Mergers & Acquisitions.

Marketability 244

Marketability Business Valuation Comps Compliance 244

Harvard Corporate Governance

JULY 11, 2023

The activism landscape continues to evolve as new players enter the fray, activist campaigns and tactics are tailored to market conditions and the impact of the universal proxy card becomes clearer. more…)

Marketability 223

Marketability 223

Mckinsey and Company

OCTOBER 27, 2024

Marketing leaders must propel growth while navigating increased complexity and scope. A new global survey in consumer marketing reveals the need for a more connected and agile way of working.

Marketability 138

Marketability 138

Mckinsey and Company

SEPTEMBER 18, 2024

Salesforce president and chief marketing officer Ariel Kelman and former Solo Brands chief digital officer Jenna Posner discuss the importance of human-led, tech-powered marketing.

Marketability 137

Marketability 137

Mckinsey and Company

NOVEMBER 27, 2024

Dutch businesses can embrace generative AI to speed up automation, increase productivity, and ease labor market tightness. What is needed to accelerate adoption and capture the benefits?

Marketability 134

Marketability 134

Harvard Corporate Governance

JULY 29, 2024

an EV automaker taken public in late 2020 via a reverse merger with a SPAC [1] that sported a market value exceeding $6 billion within several months of the deal closing, was another reminder of how woefully many of these post-reverse merger SPACs have continued to perform. The recent Chapter 11 filing of Fisker, Inc.,

Marketability 147

Marketability Corporate Finance Finance Equity 147

Harvard Corporate Governance

NOVEMBER 13, 2022

Posted by Jamie Allen, Kei Okamura, and Neesha Wolf, ACGA, on Sunday, November 13, 2022 Editor's Note: Jamie Allen is Secretary General, Neesha Wolf is Supporting Research Director at Asian Corporate Governance Association. Kei Okamura is Portfolio Manager at Neuberger Berman East Asia and Japan Working Group Chair at ACGA.

Marketability 246

Marketability 246

Harvard Corporate Governance

JULY 26, 2024

On July 17, 2024, Senate Bill 313 , the market practice amendments to the Delaware General Corporation Law (the “ DGCL ”), were signed into law by Delaware Governor John Carney and are now incorporated into the DGCL.

Marketability 150

Marketability 150

Harvard Corporate Governance

NOVEMBER 6, 2022

Posted by Jeremy Barr, Valerie Ford Jacob, and Pamela Marcogliese, Freshfields Bruckhaus Deringer LLP, on Sunday, November 6, 2022 Editor's Note: Jeremy Barr is Counsel, Valerie Ford Jacob is Global Co-head of Capital Markets & Partner, and Pamela Marcogliese is a Partner at Freshfields Bruckhaus Deringer LLP. closing bid).

Compliance 325

Compliance Marketability 325

Harvard Corporate Governance

JANUARY 25, 2023

Our Goals Protecting the Investing Public; Maintaining a Robust, Relevant Regulatory Framework; Supporting a Skilled and Diverse Workforce The United States has the largest, most sophisticated, and most innovative capital markets in the world. capital markets represent about 40 percent of the global capital market.

Finance 298

Finance Banking Marketability Technology 298

Harvard Corporate Governance

MARCH 27, 2024

My dad invested because he knew that whatever money he put in the bond or stock markets would likely grow faster than in the bank. My dad had always been an enthusiastic investor. He encouraged me to buy my first stock (the DuPont chemical company) as a teenager. And he was right. I went back and did the math. more…)

Finance 65

Finance Banking Marketability 65

Harvard Corporate Governance

NOVEMBER 28, 2022

But since then, the markets have shifted. The markets in 2022 still have an abundance of capital for both corporate and private equity (PE) to fund deals. As market volatility stifles IPO activity, alternative sources of capital (including from PE) become more appealing. This post is based on their PwC memorandum. Introduction.

Marketability 301

Marketability Equity 301

Harvard Corporate Governance

JUNE 16, 2022

Introduction and Market Update. Markets experienced heightened volatility during the quarter, with Russia’s invasion of Ukraine exacerbating already challenging inflation, pandemic, supply chain and oil price considerations, amongst others. Likewise, the S&P 500 hit its lowest level in a year, approaching bear market levels.

Marketability 307

Marketability Technology 307

Harvard Corporate Governance

MAY 3, 2022

ICAN is a nonprofit, public interest law firm working to expand access to markets by underrepresented investors and entrepreneurs. Each of the individual amici is a sophisticated businessperson and investor who has publicly litigated against the United States Securities and Exchange Commission (“SEC”). more…).

Marketability 279

Marketability 279

Harvard Corporate Governance

APRIL 19, 2023

Six decades ago, Nobel economist Kenneth Arrow wrote a seminal article justifying various “nonmarket social institutions” that shielded health services from normal market conditions. For a discussion of Arrow’s theories and evolving health care markets, see this symposium.

Equity 249

Equity Marketability 249

Harvard Corporate Governance

MAY 25, 2023

Uber grew quickly, taking market share from taxi companies, and forcing some into bankrupt cy. If its business model never added up, how did Uber come to dominate the market for urban transportation? The predator aims to drive them out of the market. Unable to tolerate the losses necessary to compete, the prey exit the market.

Start-ups 260

Start-ups Marketability 260

IVSC

MARCH 28, 2024

ESG comprises three pillars: Environmental, Social and Governance, all of which may collectively impact performance, the wider markets and society. In 2022 the IVSC set up an ESG working group comprising representatives of the IVSC Standards Review Boards, stakeholders, and external specialists to further discuss market needs.

Marketability 264

Marketability Business Valuation 264

Harvard Corporate Governance

NOVEMBER 18, 2023

Governor Newsom has signed the Voluntary Carbon Market Disclosures Act, a law intended to combat “greenwashing” by requiring disclosure on net zero, carbon neutrality and emissions reduction claims, as well as voluntary carbon offsets purchased, used, marketed or sold in California. Strine, Jr.

Marketability 46

Marketability 46

Harvard Corporate Governance

SEPTEMBER 28, 2023

In this article, we construct a novel measure for identifying short-squeeze events triggered by sharp price increases, i.e., a market squeeze. This measure is distinct from and complimentary to existing lender squeeze measures, i.e., measures that identify short squeezes based on borrowed shares that are recalled by the lender.

Marketability 229

Marketability Finance Equity 229

Harvard Corporate Governance

AUGUST 13, 2024

Introduction Publicly traded firms face pressure from equity market investors with short investment horizons. This post is based on their recent article published in the Journal of Financial Economics. This forces companies to make decisions that favor immediate gains over long-term value creation. more…)

Finance 277

Finance Equity Marketability 277

Harvard Corporate Governance

SEPTEMBER 16, 2024

and global) markets to match investor demand. ESG market experienced net outflows of over $13 billion , on the heels of a $9 billion outflow in 2023. ESG market experienced net outflows of over $13 billion , on the heels of a $9 billion outflow in 2023. In the first half of 2024, the U.S.

Marketability 252

Marketability 252

Harvard Corporate Governance

APRIL 20, 2022

as in, what is the price that a rational person would be willing to pay for this asset in a competitive asset market. The goal of discounted cash flow (DCF) valuation analysis is to answer the question, “What is this asset worth?” It is a question to which good answers are often needed.

Discounted Cash Flow 307

Discounted Cash Flow Marketability 307

Harvard Corporate Governance

JANUARY 5, 2023

ACTIVISM ACTIVITY SURGES DESPITE MACROECONOMIC UNCERTAINTY AND MARKET VOLATILITY, LEADING TO INCREASED USE OF RIGHTS PLANS. A Flesh-and-Blood Perspective on Hedge Fund Activism and Our Strange Corporate Governance System (discussed on the Forum here ) by Leo E. Strine, Jr. . TRENDS IN SHAREHOLDER ACTIVISM.

Marketability 312

Marketability 312

Harvard Corporate Governance

FEBRUARY 4, 2023

In recent years a variety of market disrupting events have underscored the importance of active ownership and the analysis of material environmental, social and governance (ESG) factors in fundamental credit research as well as investment decision-making. This post is based on their Neuberger Berman memorandum.

Marketability 338

Marketability 338

Harvard Corporate Governance

OCTOBER 10, 2023

Posted by Sarah Kuranda Vallone, VP Marketing (NightDragon) and Edna Twumwaa Frimpong, Director of International Research (Diligent Institute), on Tuesday, October 10, 2023 Editor's Note: Sarah Kuranda Vallone is a VP Marketing at NightDragon, and Edna Twumwaa Frimpong is a Director of International Research at Diligent Institute.

Technology 325

Technology Marketability 325

Harvard Corporate Governance

SEPTEMBER 28, 2023

securities markets regulation have contributed to America’s economic success and geopolitical standing around the globe. At this remarkable agency, we serve investors building for a better future and issuers raising money to fund innovation, while overseeing the $100 trillion capital markets where they meet. The core principles of U.S.

Marketability 239

Marketability Equity 239

Harvard Corporate Governance

FEBRUARY 3, 2024

The Factbook, which is developed and updated by the OECD Corporate Governance Committee every two years, provides policy makers, regulators, market participants and academics with an easily accessible overview of national practices and an opportunity to stay abreast of the evolving corporate governance landscape.

Marketability 297

Marketability 297

IVSC

JULY 31, 2023

To ensure that the value of the property is appraised in a prudently conservative manner, the valuation must exclude expectations of price increases and must be adjusted to take into account the potential for the current market price to be significantly above the value that would be sustainable over the life of the loan.

Banking 246

Banking Appraisal Marketability 246

Harvard Corporate Governance

MARCH 17, 2023

Technology has also made financial markets much more affordable and accessible. It can’t eliminate risks from investing (as we’ve seen all too vividly this past week), but technology has made financial markets more transparent, as well as easier and cheaper to access. We have so much choice at our fingertips.

Technology 328

Technology Marketability 328

Harvard Corporate Governance

DECEMBER 6, 2022

regulation of crypto markets. The answer to this question, which we have been debating ever since, determines not only whether and how cryptoassets can be sold to the public but also whether we must hold and trade them under the existing rules and market structure developed over the past 80 years for securities.

Marketability 279

Marketability 279

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

JULY 14, 2024

They are influenced by market pressures, stores of capital and hot topics in governance. But during bull and bear markets, during recessions and times of growth, activists continue to look for opportunity, and companies continue to find themselves in the crosshairs.

Marketability 259

Marketability 259

Mckinsey and Company

NOVEMBER 27, 2024

David Nothacker, co-founder and CEO of sennder, shares how the company weathered the ups and downs of the growth journey—and used them as a launchpad for accelerating growth.

Marketability 115

Marketability 115