IN THIS ISSUE
Transition Risk; Seven Fallacies of Criticism of Activist Investing; private company governance appointments, news and more.
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Transition Risk: The Silent Killer
Transitions can be deadly because risk
increases exponentially at times of transition.
By RENEE FELLMAN
Risk is a hot topic. In fact, corporate boards are inundated with information and advice about how to mitigate strategic risk, operational risk, credit risk, cyber risk, reputational risk, legal and regulatory compliance risk, consensus risk and more. Risk, however, increases exponentially during times of transition, but transition risk is seldom—if ever—specifically addressed.
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The 7 Fatal Fallacies of Criticism Of Activist Investing
By CHUCK NATHAN
Attacks on activist investing often tread a familiar and well-worn road, long on inflammatory rhetoric and specious arguments and short on reason and respect for the facts. A recent example is a commentary by two Wachtell Lipton lawyers titled “Corporate Governance Update: Holding Activists and Proxy Advisory Firms Accountable,” published in the New York Law Journal on May 26, 2016.
The article’s message, like so many criticisms of activist investing, is built on seven fatal fallacies.
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LATEST DIRECTORS APPOINTMENTS
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Didi Now Third Most Valuable Private Company After Fundraising
Didi Chuxing Technology, China’s version of Uber, raised $4.5 billion in a round of fundraising making it the third most valuable private company. It now has a valuation close to $28 billion, according to the article, and sits third behind Uber and smartphone maker Xiaomi Corp.
Didi was valued at US$16.5 billion last year. It closed its latest round of funding with the help of Apple Inc. and prominent Chinese investors, including the nation’s top life insurer, according to sources cited by Bloomberg.
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The Secret to Finding Capital For Your Business
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