The enactment of the Tax Cuts and Jobs Act (TCJA) on Dec. 22, 2017 dropped the U.S. corporate tax rate from 35 percent to 21 percent, creating the prospect of substantially improved cash flows for many U.S. companies. While the effects of this tax cut are still working their way through the economy, it’s not too early to ask an important question: where did (or will) the money go?
Traditional financial institutions and fintech companies continue to debate the future of financial services and the role such innovations as blockchain and cryptocurrency will play in that future.
In their paper titled Squaring Venture Capital Valuations with Reality, researchers Will Gornall and Ilya A. Strebulaev propose that, due to flawed valuation models, the average unicorn fair value is overestimated by as much as 51 percent.
From the perspective of customers, there are two types of counterfeit products: deceptive and non-deceptive counterfeits. In the case of non-deceptive counterfeits, a customer can distinguish between a genuine article and a counterfeit version; she may still buy the counterfeit item because she cannot afford the genuine product. In contrast, the customer cannot differentiate a deceptive counterfeit item from the genuine product before buying it. Both types of counterfeits negatively affect a manufacturer’s profit and brand.
Bringing a medical device to market requires startup founders to overcome challenges they may be ill-equipped to tackle. Alliances with former employers can help, but startups must carefully choose which markets they target.
Volodymyr Babich, Professor of Operations and Information Management at the McDonough School of Business at Georgetown University, will present his co-authored paper with McDonough School Houston Professor Gilles Hilary “Linking the chains: can supply chain challenges become blockchain opportunities?” during a lunchtime seminar in Kenan Center 204.
Unethical behavior deeply embedded within an organization can affect employee morale and impact bigger issues, such as performance, turnover, and healthcare and legal costs.
Task conflict has been the subject of a long-standing debate in the literature—when does task conflict help or hurt team performance? We propose that this debate can be resolved by taking a more precise view of how task conflicts are perceived in teams.
Director of the Startup Consulting Program, Kenan Institute of Private Enterprise
The Kenan Institute of Private Enterprise has started a new Management Research Centers Papers series within the Management Research Network of the Social Science Research Network (SSRN)
The annual Kenan Institute Student Awards honor students who excel in research, leadership and service, recognize those who exhibit outstanding service and commitment, and celebrate those who exemplify Kenan-Flagler’s core values and advance the mission and vision of the institute.
This paper examines private equity (both buyout and venture funds) performance around the globe using four data sets from leading commercial sources. For North American funds, our results echo recent research findings: buyout funds have outperformed public equities over long periods of time; in contrast, venture funds saw performance fall after spectacular results for vintages in the 1990s. For funds outside North America, buyout funds show performance similar to those in North America while venture fund performance is weaker than in North America. Venture samples outside North America are, however, relatively small and strong conclusions await further research. The similarity of performance estimates across the data sets strengthens confidence in conclusions about the results of private equity investing.
Perez-Truglia, a Kenan Institute Distinguished Fellow, will summarize the latest research, including his own, to provide a better understanding of the effectiveness of pay transparency laws.
Dive into the Kenan Institute’s monthly virtual press briefing from Friday, Jan. 5, as institute Chief Economist Gerald Cohen offered some economic trends to watch for 2024.
Join us for the Kenan Institute’s monthly virtual press briefing at 9 a.m. EDT this Friday, April 7, as institute Chief Economist Gerald Cohen offers his insights on both the labor market and the questions surrounding March's bank failures.
How can the economy be running above its potential output level and still experience declining inflation? Join Kenan Institute Research Fellow Greg Brown in the institute’s monthly virtual briefing at 9 a.m. EDT this Friday, April 5 to learn why.
Join the Kenan Institute of Private Enterprise and the North Carolina CEO Leadership Forum September 22 for the launch of a new report examining the state of our national economy – and exploring its future.
Greg Brown, director of the Frank Hawkins Kenan Institute of Private Enterprise, was honored today as part of CNBC’s Disruptor 50 event at the Nasdaq Entrepreneurial Center in San Francisco.