Corporate finance under fire: How can boards and management seek refuge?

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08/27/2014 by Transaction services
Corporate finance under fire: How can boards and management seek refuge?

At a glance

Corporate finance decisions involving mergers and acquisitions and capital markets have come under increasing scrutiny. Boards of directors and management are looking for objective guidance to help them avoid the ire of shareholders, activist investors, and regulators regarding corporate finance decisions. What qualities should boards and management look for when seeking independent corporate finance advice?

No less than 90% of mergers and acquisitions valued over $100 million have encountered shareholder litigation each year since 2010. And the trend is only growing, with 237 companies having faced activist investor campaigns in 2013, a 9% increase over 2012.

Satisfying the board’s fiduciary responsibilities when it comes to transactions isn’t getting any easier as a gamut of parties—shareholders, activist investors, and regulators—have all been taking corporate boards and management teams to task. The latest hot spot: corporate finance decisions involving M&A and capital markets.

Download Corporate finance under fire: How can boards and management seek refuge? for insights and perspectives on achieving greater objectivity in corporate finance decisions.