In the Entrepreneurship Center's second chat, they feature the superstar-sister-founder-team: Niki and Ritika Shamdasani of Sani, a South Asian-inspired fashion brand. The sisters launched Sani in 2017 to create the outfits and shopping experience they always wished they could find for cultural clothing. That mission has led to a first-of-its-kind partnership with Rent the Runway, features in Business Insider, NBC and Good Morning America, and a loyal following of 70,000 on TikTok.
Remote work seems likely to continue in a post-pandemic world, if employees have their say. In this week's insight, our experts highlight how businesses can rethink workspaces and better engage and involve employees in the office and those working from home.
Behavioral Theory highlights the crucial role of social comparisons in attention allocation in adaptive aspirations. Yet, both the specification of social reference points and the dynamics of attention allocation have received little scholarly examination. We address performance feedback from two social reference points relative to divisions in multidivisional firms: economic reference point and political reference point.
“We’re in a unique and transformative time in global history,” said General Mark A. Milley, chief of staff of the U.S. Army, speaking at UNC Kenan-Flagler Business School.
As a once-orderly world grows messier in the post-pandemic era, UNC Kenan-Flagler's Christian Lundblad discusses strategic planning for low-probability, high-impact events.
Since 1965, average idiosyncratic risk (IR) has never been lower than in recent years. In contrast to the high IR in the late 1990s that has drawn considerable attention in the literature, average market-model IR is 44% lower in 2013-2017 than in 1996-2000. Macroeconomic variables help explain why IR is lower, but using only macroeconomic variables leads to large prediction errors compared to using only firm-level variables. As a result of the dramatic change in the number and composition of listed firms since the late 1990s, listed firms are larger and older. Larger and older firms have lower idiosyncratic risk. Models that use firm char-acteristics to predict firm-level idiosyncratic risk estimated over 1963-2012 can largely or completely ex-plain why IR is low over 2013-2017. The same changes that bring about historically low IR lead to unusu-ally high market-model R-squareds.
Many providers of defined-contribution investment plans, such as 401(k) plans, have advocated for broader access to private investments. In this Kenan Insight, we examine the operating, regulatory and legal constraints involved in allowing that access, and explore what, if anything, retail investors are likely to gain from investing in private funds.
COVID-19 first caused chaos in our labor markets with the lockdowns of 2020, which sent unemployment rates soaring to all-time highs. It has continued to disrupt labor markets into 2022 as worries about health risks have kept workers at home, exasperating labor shortages. Looking forward, as we learn to live with COVID, we will also have to adapt to the effects of long COVID, when symptoms such as fatigue, difficulty breathing and “brain fog” appear after COVID. In this commentary, I attempt to assess the risk to our labor markets from long COVID.
Economists and investors traditionally see uncertainty as a bad thing that suppresses growth and valuations, but new research shows that downstream uncertainty from customers in the U.S. supply chain can foretell expansion for firms and the economy.
The pandemic taught us that equity investors would be wise to seek to invest in firms with resilient supply chains. But is there a reliable way to identify firms whose supplier-customer relationships are less vulnerable to disruptions?
With the upcoming November election and calls by President Trump for 1 or more vaccines for coronavirus disease 2019 (COVID-19) to be ready before the end of the year, if not by the election, many have started to wonder whether the US Food and Drug Administration (FDA) can withstand this type of political pressure.
The Kenan Institute is proud to partner with a number of private sector companies, foundations, government agencies and fellow think tanks in working to achieve its mission. Generous support for...
Join the Urban-Brookings Tax Policy Center and the UNC Tax Center for their annual convening, this year held virtually, on Tuesday, June 8, 2022.
A panel recap from last month's Future of Digital Assets Symposium analyzed how fintech may be able to help create a more inclusive financial system.
This roundtable discussion will be led by Dr. Gavin Smith, Director of the UNC Coastal Resilience Center, and will include business and community leaders from the areas most affected by Hurricane Matthew.
“Entrepreneurship as a field is remarkably multidisciplinary,” said Paige Ouimet, an associate professor of finance at the University of North Carolina-Chapel Hill’s Kenan-Flagler Business School. “I think we all know this. Just look around the room.”
Hosted by Kenan-Flagler Business School and the Frank H. Kenan Institute of Private Enterprise, the Dean’s Speaker Series brings preeminent private and public sector leaders to UNC Kenan-Flagler Business School....
A February cyberattack targeting Change Healthcare resulted in the most extensive healthcare data breach to date, raising questions about industrywide risk management and regulation.
Join our team! The Frank Hawkins Kenan Institute of Private Enterprise develops and promotes innovative, market-based solutions to vital economic issues, associated with the UNC’s Kenan-Flagler Business School. With the...