Deal Diary

This week we highlight a report by Deloitte. The article reviews the key findings of the 2018 board diversity census of women and minorities on Fortune 500 boards. The findings conclude that the increased focus on diversity in the c-suite and on public company boards is driven by a critical need for inclusive leadership, the shifting US demographics and investor pressure in the United States.

This week we highlight a post by the Harvard Law School Forum on Corporate Governance and Financial Regulation by Akin Gump attorneys. This article discussed how Dell has been planning to eliminate its tracking stock (DVMT) through a merger with a wholly-owned subsidiary that would effectively convert the outstanding DVMT shares into a new class of publicly traded Dell common stock, and the reluctance of many DVMT stockholders to support the proposed exchange.

This week we highlight a report by the EY Center for Board Matters that analyzes how boards, executives, investors, regulators and other governance stakeholders are planning for and responding to cybersecurity threats. The observations conclude that the depth and nature of cybersecurity-related disclosures vary widely, suggesting there is opportunity for enhancement in how cybersecurity risks, cybersecurity risk management frameworks and board oversight are communicated.

This week we highlight an opinion piece published by Wharton professor Kevin Werbach, which explains the differences between cryptocurrency, blockchain and cryptoassets. Beyond providing a plain-English background on the design principles and technological foundations of each category, Professor Werbach compares their goals and long-term prospects for how they will shape our financial world.