With the enactment of the long-awaited U.S. security-based crowdfunding regulations in May 2016, early-stage private companies can utilize regulatory crowdfunding to raise funds on digital platforms via multiple nonaccredited investors. To protect such small microinvestors and maintain market efficiency, the Securities and Exchange Commission (SEC) requires extensive disclosure information in filings. However, with many ventures being new, small, .....more

Activist shareholders are often seen as villains by managers and boards. Their demands for strategic and organizational shifts-which can feel personal to managers-often challenge the soundness of a company''s strategy. However, leaders who treat activist shareholders solely as a risk or an annoyance are making a mistake. Although they may be aiming to protect their companies, they''re missing out on an opportunity to tap one of the .....more

Vedanta Limited (VEDL), an Indian conglomerate, operated in natural resources business segments, including aluminum, power, steel, oil and gas, and base metals segments such as copper, zinc, lead, silver. In September 2023, the company''s market value was approximately half of its intrinsic value, as its individual business segments were estimated to be worth significantly more operating independently.<br><br>The chair of VEDL .....more

Spreadsheet supplement for case 124005.

This case accompanies "GameStop: Social Media Finds a Cheat Code (A)," no. 124-005. It provides an update on pertinent events from 2021 to 2023.

Business combinations under common control (BCUCC) are common restructuring arrangements carried out within groups of companies. However, an accounting policy choice exists. In the absence of an International Financial Reporting Standard (IFRS) on BCUCC, the receiving entity that acquired control of entities from its ultimate parent typically applies either the acquisition method or the predecessor method (also known as ''pooling of interests'' .....more

An investment proposal reached the offices of Brookfield Renewable Partners (BRP) that outlined an opportunity for BRP to invest $300 million in Entropy Inc., a carbon capture and storage (CCS) company based in Calgary, Alberta. A subsidiary of Brookfield Asset Management, BRP specialized in clean power investments and invested with clear environmental, social, and governance (ESG) criteria and company culture principles. As the investment team reviewed .....more

Spreadsheet supplement for case W36251. Jason Gosal is affiliated with Ivey Business School;