Researchers take a closer look at the impact of entrepreneurs, policymakers, scientists and others during the pre-commercial stage of industry formation
Introduction If employing a strategy map makes it sound as if you’re heading out on a trip, that’s because in many ways it’s exactly what you’re doing. To successfully lead...
The Kenan Institute of Private Enterprise welcomed Key Square Group Founder, CEO and CIO Scott Bessent on Wednesday, March 7, to have lunch with its Kenan Scholars and field questions about hedge fund management, economics education and starting an investment career.
We investigate how auditor alignment, i.e. parent and subsidiary are audited by auditors from the same audit firm network, affects the quality of the internal information environment of groups and their subsidiaries decision making and performance management processes. We predict that auditor alignment improves internal information quality via better information coordination across the group, and via lower internal information asymmetry between parent and subsidiaries.
Michael Byrd, Kenan Scholars class of 2022, shares his insights on the program's orientation which took place on Jan. 10 and 11.
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.
UNC Kenan-Flagler Energy Center Director Stephen Arbogast discusses the power of carbon taxes to accomplish several goals for energy producers and consumers alike.
Each of the Kenan Institute's 2023 Distinguished Fellows has written a paper as part of their work to support our exploration of workforce disruption. Learn more about our fellows and read their papers, along with key takeaways from each.
Taming the rising costs of prescription drugs has been a focus of U.S. healthcare reform for the past decade. High drug prices limit patient access while also contributing to higher overall healthcare costs. Recently, issues of how drug list prices are set, who reaps the benefits, and how those costs are passed on to patients have come under increased scrutiny.
The case study "Electronic Financial-Advisor for Tech Savvy" (EFforTS, or Efforts) examines a Robo-Advisor start-up based in Raleigh, North Carolina, founded by tech-industry entrepreneurs. Efforts developed an algorithm-based online investment platform tailored for technology professionals, gaining attention through successful social media marketing.
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $300,000 CARES Act Recovery Assistance grant to the University of North Carolina at Chapel Hill's NCGrowth University Center to boost their capacity to support regional economic development strategies in response to the coronavirus pandemic.
As a second wave of COVID-19 cases makes its way around the world, the danger to the U.S. economy is clear. In this Kenan Insight, we examine the potentially damaging effects of the ongoing pandemic on an already battered workforce, and make the case for why Congress must act quickly to ensure economic stability.
The Biden administration has proposed several multi-trillion dollar initiatives to invest more federal dollars in infrastructure, education, healthcare and more. However, these big ticket items come at a significant cost, which the president hopes to cover through tax reforms. Proposed changes could affect individual income taxes for high earners, corporate taxes, international taxes and capital gains – and needless to say, the proposed reforms have drawn both strong critics and supporters. As dizzying negotiations and politicking continue in Washington, two of our experts unpack the proposed tax changes and their potential impacts on businesses and households in this week’s Kenan Insight.
The Biden administration's $2.3 trillion American Jobs Plan comes with a hefty price tag, which the president hopes to pay in part by introducing a 15% minimum tax on corporate book income. Predictably, policymakers from both sides of the aisle are sounding off, but the argument is more complicated and nuanced than partisan rhetoric. In this Kenan Insight, we outline the intricacies and implications of taxing book income.
Together with many business and economic leaders around the globe, we at the Kenan Institute of Private Enterprise support the harshest feasible sanctions against Vladimir Putin in the immediate interest of Ukraine and its people. More broadly, we view such measures as vital to the long-term survival of democratic values. But as the Russian invasion continues, seemingly unabated by unprecedented economic and financial sanctions, we must ask: what more is feasible? And for how long can such restrictions be sustained?
Concerns about further supply-chain troubles are on the rise. Just a few months ago the “temporary disruptions” stemming from covid were predicted to work themselves out in 2022. However, businesses are now faced with the possibility of disruptions much more severe than those experienced to date. These stem from two sources: interrupted supplies in essential raw materials and agricultural commodities resulting from Russia’s invasion of Ukraine and the potential for a rapid (and massive) spread of COVIC-19 in China resulting in suspensions to manufacturing operations there.
The latest report from the Department of Labor showed continued robust job growth. Employers added 431,000 jobs in March. The news of sustained job gains speaks to the strength of the U.S. economy. Moreover, the labor force participation rate inched up slightly to 62.4% in March, from 62.3% in February, indicating more Americans are reentering the workforce. We still have a long way to go to resolve the imbalance between job openings and unemployed people, however, and this means that current issues of worker burnout will also linger.
The spread between 10-year and 3-month Treasuries – my favorite economic indicator – remains strongly in positive territory, suggesting a recession is not in the cards soon. This indicator has predicted all recessions since the mid-1960s, with a lead time of roughly one year, though the timing is inexact. The 10-year/2-year spread, which briefly inverted recently, is less reliable.
With direct care facilities and workers in crisis, we explore trends behind the labor shortages in the industry as well as a menu of solutions that could possibly alleviate the issue.