Pete Stavros of KKR & Co. founded Ownership Works, a new initiative backed by 19 private equity firms, with the objective of reducing income inequality by increasing employee share ownership. The group has prominent backers and a lofty goal of creating $20 billion in wealth in 10 years. As a researcher who has worked on employee share ownership and the benefits it can create, I was encouraged by the news. But while I broadly support employee ownership, such initiatives also can raise red flags because of the risk they impose on employees. As such, it is worthwhile to think carefully through what we know and don’t know about such programs.
As businesses increasingly rely on technology, cities with a strong tech workforce gain a competitive edge, experiencing greater economic growth. This shift can be seen in both urban centers and rural areas.
There’s no escaping the growing interest in environmental, social and corporate governance investing, but not everyone agrees on how to define, measure or report the variety of factors considered under ESG. Professor Laura Starks of the University of Texas McCombs School of Business spoke on the subject in May at the Alternative Investments Conference, sponsored by the Institute for Private Capital. Starks’ keynote speech, highlighted here, examined the knowns and unknowns of ESG investing as well as new regulations that may be coming.
The Entrepreneurship Center’s final Luminary Talk highlights Jessica McDonald, a three-time NWSL Champion and 2019 FIFA Women's World Cup Champion that currently plays forward for the North Carolina Courage and the U.S. Women's National Team.
Kenan Scholars Director Kim Allen is among the winners of UNC’s annual Diversity Awards, presented to individuals and groups who have given their time and effort to further diversity, equity and inclusion at the university and in its surrounding community.
In partnership with Vista Equity Partners, NCIF hosted the inaugural Software Growth & Investment Symposium on Tuesday, Nov. 12, 2019. The event brought together members of the Triangle’s burgeoning tech ecosystem to learn from leading software executives and their investors about proven approaches to scaling from $10 million to $100 million annual recurring revenue.
Join experts from Wells Fargo, First Citizens Bank, UNC Kenan-Flagler Business School and the Kenan Institute of Private Enterprise for a discussion on the North Carolina CEO Forum’s launch of a new framework to aggregate non-standard, real-time data to guide policy and business next steps. Join Tuesday, July 7, at 11 a.m. EDT.
The Tax Cuts and Jobs Act of 2017 (TCJA) allowed for the creation of Opportunity Zones (OZs) — specially designated census tracts encompassing low-income neighborhoods meant to stimulate investment through large tax incentives. But critics say the program has not spurred additional investment as much as rewarded politically connected investors. In this Kenan Insight, we investigate what role, if any, bias and political party affiliation plays in the selection of OZs.
Join Black Communities Conference co-chairs Mark Little and Karla Slocum as they discuss the impact of COVID-19 on Historic Black Communities. This week explores issues at the intersection of COVID-19 and university engagement.
The U.S. Supreme Court struck down the “Chevron deference,” a legal doctrine that grants regulatory agencies authority in interpreting statutes. The decision could significantly alter the regulatory landscape.