Multinational companies with subsidiaries around the world should consider different approaches to the selection of the board of directors/managers, as well as potential pitfalls to overcome with implementing the new slate.
When businesses get desperate and covenant violations seem imminent, disputes between lenders and borrowers (and their private equity sponsors) get heated.
Why the flood of corporate short-term investments out of prime money funds was borderline irrational—and what corporate treasury teams can learn from it.