Self-presentation is a fundamental aspect of social life, with myriad critical outcomes dependent on others’ impressions. We identify and offer the first empirical investigation of a prevalent, yet understudied self-presentation strategy: humblebragging. Across seven studies including a week-long diary study and a field experiment, we identify humblebragging — bragging masked by a complaint or humility — as a common, conceptually distinct, and ineffective form of self-presentation.
Conventional wisdom touts tax breaks and other economic incentives as the key to attracting out-of-state business. But do educational policies play an even bigger role? In a recent article in The New Republic, Brent Lane, economic strategist for the Kenan Institute of Private Enterprise, says a well-educated workforce is essential, and not just for winning business bids.
This paper develops a dynamic rational expectations model of the credit rating process, incorporating three critical elements of this industry: (i) the rating agencies' ability to misreport the issuer's credit quality, (ii) their ability to issue unsolicited ratings, and (iii) their reputational concerns.
The multigenerational survival rate for family-owned businesses is not good. Lack of a shared vision for the family enterprise and weak next-generation leadership are often cited as two of the leading reasons for the failure of family firms to successfully transition from one generation of family ownership to the next. The climate of the business-owning family has also been suggested as important to the performance of the family enterprise. Despite these commonly held tenets, there is a lack of rigorous quantitative research that explores the relationships among these three factors.
This trial will provide evidence on the impact of a behavioral intervention to implement huddles as a key component of team-based care models. Knowledge gained from this trial will be critical to broader deployment and successful implementation of team-based care models.
From romance to finance and from the media to markets, data can help answer questions faster and provide critical insights to make smarter decisions. Data is power. Knowing how to read data can help identify patterns to end labor trafficking or to provide more affordable housing. Analyzing peaks and troughs can lead to game changing technological breakthroughs and new business opportunities. In the current error of ‘fake news’, how confident are you in your ability to read, work with, analyze and argue with data and assess facts? Join us at this interactive session and learn just how data literate you are.
Where can a UNC Kenan-Flagler MBA student supplement classroom training with hands-on leadership and a year-long research project on a critical, real-world business issue with the guidance of the school’s distinguished faculty? Whether the subject of study is infrastructure investing, nuclear energy generation, socioeconomic disparities or venture capital funding, the Kenan Scholars program is the best venue for such an experience.
Commercial real estate is a major asset class, with an estimated value of more than $12 trillion in the U.S. alone. But the stay-at-home orders and business closures precipitated by the COVID-19 pandemic have the potential to negatively – and disastrously – affect commercial properties. What will the short- and long-term impacts be, which types of properties will be hardest hit and what policies can be put in place to help stem the tide of losses? UNC Kenan-Flagler Business School Professor and Leonard W. Wood Center for Real Estate Studies Faculty Advisor Andra Ghent and her colleagues examine these issues in this week’s Kenan Insight.
The Peak Performance simulation is an experiential learning process designed to help learners and medical professionals develop communication and interpersonal skills that are critical in today’s health care settings. The skills practiced in this simulation have a direct impact on our interactions with patients, how we work with colleagues, and our capacity to lead others.
In a recent episode of his award-winning show, “United Shades of America,” W. Kamau Bell interviews a Black man about systemic racism in America who said, “This country is not designed for us and, in fact, is designed against us.” As an African American, this observation triggered three critical questions.
This session delves into three critical aspects of smaller/regional funds. First, is their role in increasing diversity among both capital allocators and entrepreneurs who receive funding. Second, is how pooling capital in diversified vehicles that can invest locally can promote investment by larger VCs/investors. Third, is how regional funds can bridge the divides in communities that lack robust VC ecosystems.
Urban Investment Strategies Center Director Jim Johnson and UNC Professor Jeanne Milliken Bonds assess the link between childcare systems and U.S. economic and social health, highlighting the way the pandemic has underscored the critical connection – especially in rural and low-income communities.
Don’t believe the myth that a startup with a single founder is bound for trouble. According to a piece in the Harvard Business Review by UNC Kenan-Flagler Business School Professors Chris Bingham and Brad Hendricks, and UC-Irvine Paul Merage School of Business Professor Travis Howell, solo founders succeed with critical assistance from people and organizations who aren’t official co-founders and don’t require substantial equity.
Innovating isn’t easy, but new research finds leaders’ ability to handle critical tensions that accompany innovation in dynamic environments can make the difference between hitting the goal and missing the mark. UNC Kenan-Flagler Business School Professor Chris Bingham weighs in on mastering innovation in a new MIT Sloan Management Review article.
We describe an experimental curriculum innovation that creates a safe space for students to engage in courageous conversations—to openly share diverse thoughts and opinions as well as vigorously debate politically charged issues of critical business importance.
COVID-19 exacerbated existing shortages in the labor market, causing business leaders to revise corporate strategies designed to recruit and retain the workforce needed to compete in at the state, national, and global level. We must recognize and support the critical role our community colleges serve in meeting employers’ post-pandemic workforce demands if we are to close the skills gap in the current labor market.
Immigration is one of the most contentious policy issues, and Congress has for decades failed to make any significant legislative progress. The result is an incoherent policy landscape and serious operational challenges on the ground. At the same time, immigration and immigrant integration are critical to U.S. workforce growth, government fiscal solvency, and innovation. I discuss key findings from the economics literature and their implications for where to focus immigration reform efforts.
Stephanie Headley, senior vice president of North America skin care and global Olay at Procter & Gamble, discussed the dynamic landscape of work and the critical need for building resilient teams and organizations with Dean Mary Margaret Frank April 2.
We introduce a new, market-based and forward-looking measure of political risk derived from the yield spread between a country's US dollar debt and an equivalent US Treasury bond. We explain the variation in these sovereign spreads with four factors: global economic conditions, country-specific economic factors, liquidity of the country's bond, and political risk. We then extract the part of the sovereign spread that is due to political risk, making use of political risk ratings. In addition, we provide new evidence that these political risk ratings are predictive, on average, of future risk realizations using data on political risk claims as well as a novel textual-based database of risk realizations.
Life financial outcomes carry a significant heritable component, but the mechanisms by which genes influence financial choices remain unclear. Focusing on a polymorphism in the promoter region of the serotonin transporter gene (5-HTTLPR), we found that individuals possessing the short allele of this gene invested less in equities, were less engaged in actively making investment decisions, and had fewer credit lines.