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Stress test your leadership team before the stakes are real

Board Governance
Board governance is the framework of oversight, accountability, and strategic guidance that directs an organization’s long‑term performance. Effective board governance strengthens decision‑making, manages risk, supports leadership, and ensures responsible, transparent stewardship for stakeholders.


Samsung’s Move to Texas and the Rise of the Texas Stack
Texas Stack = Headquarters, corporate charters, and capital markets in Texas When Tesla moved its headquarters from California to Texas, many observers viewed it as a Silicon Valley story. When Oracle followed, it looked like a technology-sector trend. When Chevron left California, Caterpillar left Illinois, and Samsung recently announced it would move its U.S. headquarters from New Jersey to Plano, Texas, it became clear that something much larger was happening. Texas is no

Merlin @GovernanceCentral
Jul 225 min read


Why Stripe Wants to Buy PayPal, How the Deal Is Financed, and What It Means for the Future of Digital Payments
In 2010, Stripe was founded to solve a problem that PayPal hadn't solved well for developers. By 2026, Stripe had reportedly become valuable enough to help finance a $53 billion bid for PayPal itself. This is the story of how the challenger became the acquirer—and why the deal is really about owning both the merchant and consumer sides of internet commerce.

Merlin @GovernanceCentral
Jul 198 min read


Uber’s $14.8 Billion Delivery Hero Deal Reveals the New Rules of Global M&A
What does it take to complete a $14.8 billion global acquisition in 2026? The proposed Uber–Delivery Hero transaction offers an answer. From board negotiations and institutional shareholder support to antitrust scrutiny and third-party asset carve-outs, the deal illustrates how major M&A transactions are increasingly structured and governed.

Merlin @GovernanceCentral
Jul 165 min read


Volkswagen’s Model Cuts Mark a Beginning, Not an End
Volkswagen is cutting up to half of its vehicle lineup, but the real story is what happened in the boardroom. The July 9 Supervisory Board meeting may have approved the first phase of Volkswagen's transformation—while leaving the most difficult decisions for another day.

Merlin @GovernanceCentral
Jul 153 min read


Why Did BP Replace Its CEO, Change Its Board Chair, and Reshape Its Leadership Team?
Short answer: BP’s recent leadership changes appear to be a combination of CEO succession, board-level governance changes, and executive-team restructuring. While the public record does not establish a major strategic conflict or boardroom battle, the concentration of leadership changes across multiple levels of the company has attracted attention from governance observers and investors. [en.wikipedia.org], [marketwatch.com] What Happened to BP’s Leadership Since Late 2025? D

Merlin @GovernanceCentral
Jul 64 min read


The EchoStar Case Study: How Corporate Structure, M&A, and Creditor Power Led to the DISH DBS Bankruptcy
What investors, directors, executives, and MBA students can learn from one of the most fascinating corporate strategy stories in modern communications. Executive Summary In June 2026, DISH DBS Corporation filed for Chapter 11 bankruptcy protection while its parent company, EchoStar Corporation, remained outside bankruptcy. EchoStar stated that its brands, customers, operations, and employees would continue operating normally. [cases.ra.kroll.com], [hbs.edu] At first glance, t

Merlin @GovernanceCentral
Jul 47 min read


McKinsey's Governance Reform: A Case Study in Separating Power, Strengthening Oversight, and Streamlining Decision-Making
McKinsey & Company—one of the world's most influential private partnerships—has undertaken a major governance overhaul. By separating the roles of Chair and Global Managing Partner, reducing its shareholder council from approximately 30 members to 12, and extending leadership terms, the firm is redesigning how power, oversight, and decision-making work at the top. The reforms offer important lessons for boards, CEOs, and governance professionals navigating the future of insti

Merlin @GovernanceCentral
Jul 24 min read


GameStop’s Bid for eBay: How Corporate Governance Is Supposed to Work in a $55 Billion Deal
GameStop’s attempt to acquire eBay is less a strategic move and more a test of corporate governance under pressure.
At stake is not just whether the deal can work—but whether the board is enforcing the kind of discipline, risk control, and independent judgment that prevents ambition from becoming exposure.

Merlin @GovernanceCentral
Jul 14 min read


Alight: Who Really Controls a Public Company?
Public companies are often described as being owned by many people and managed in a fair and independent way. But Alight shows something different. Many people may own shares, but real power is held by a small group of large investors. These investors have most of the voting power. In June 2026, Alight made an important change.
Shareholders approved a new system where directors are elected every year. This change is important because it shows how decisions are really made.

Merlin @GovernanceCentral
Jun 153 min read


Capital Requires Clarity
For decades, you could build companies in America without saying who really owned them. That era is ending. The latest court ruling on the Corporate Transparency Act doesn’t just validate a law—it redefines accountability in modern markets.

Merlin @GovernanceCentral
Jun 134 min read


Starbucks May Spin Its Japan Platform: Capital, Control, and Conviction
Starbucks Japan’s IPO highlights important questions in corporate strategy, strategic options, and capital allocation. The case shows how boards and executives can evaluate growth, ownership structure, market positioning, and long-term value creation.

Merlin @GovernanceCentral
Jun 113 min read


H.B. Fuller, AMS, and the Capital Allocation Test Facing the Board
H.B. Fuller’s pursuit of Advanced Medical Solutions Group, or AMS, is not just an acquisition story. It is a corporate governance story about board oversight, leverage, and capital allocation discipline. Reuters reported that H.B. Fuller submitted an all-cash proposal on April 30, 2026, and had until June 18, 2026, under U.K. takeover rules to make a firm offer or walk away. Ancora says the move conflicts with a deleveraging-first posture. H.B. Fuller says disciplined M&A and

Merlin @GovernanceCentral
Jun 97 min read
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