Kison Patel, the CEO of software company DealRoom, remembers working for a private equity firm trying to do a deal not long ago. His firm bombarded the target company with requests for information — including repetitive requests for the same information, often in Excel spreadsheets. Eventually, the seller got fed up and walked away.
December 11, 2019 M&A
Al Dominick speaks with Tom Michaud, President and CEO of Keefe, Bruyette & Woods, about emerging financial trends to get a fresh perspective on the state of banking in the United States.
As diverse businesses from Overstock.com to Google’s parent company Alphabet increasingly use and express growing interest in using virtual currencies, the legal and regulatory landscape for those currencies has become increasingly complex. We provide this overview of the regulatory landscape to alert companies to the legal implications of venturing into this uncertain terrain.
In an August tweet, President Donald Trump said that, “our great American companies are hereby ordered to immediately start looking for an alternative to China,” adding that those companies would be better off without China. But despite all the rhetoric, American companies are hard pressed to ignore China’s 1.4 billion consumers.
JPMorgan & Chase CEO Jamie Dimon has called investors who use proxy advisors “lazy” for blindly following advice on matters like executive compensation or mergers. Now, he and other corporate executives may be getting some relief.
Two companies in the limelight recently for awarding huge pay packages illustrate some of the problems with governance more than they illustrate problems with pay.
Companies that undergo an internal investigation must juggle multiple issues, including the possibility of conflicts of interest jeopardizing the investigation. Nissan Motor Co. is one company that has had to struggle with those issues.
CEOs are taking a stand during divisive moments, complaining about the U.S. president and his policies, running ads on controversial topics and letting their political views be known. But is this a good thing? Some companies are saying “yes.” But a few governance and public relations experts are say “no,” or at least, “very rarely.”
The Business Roundtable’s blockbuster statement redefining the purpose of a corporation almost reads like an apologia for capitalism.