Some are worrying about the future of commercial real estate because of recent falls in valuations. Our expert discusses the challenges facing CRE and how to disentangle the trends that are shaking up the sector.
Marketing academics and practitioners alike remain unconvinced about the chief marketing officer's (CMO's) performance implications. Whereas some studies propose that firms benefit financially from having a CMO in the C-suite, other studies conclude that the CMO has little or no effect on firm performance.
Nonwage benefits have become more important to employers and employees alike. A new look shows where you work plays a far greater role in the level of benefits you receive than it does your paycheck.
Theory building from multiple cases has generated some of the most cited and intriguing research over the last 80 years. Yet there remains confusion regarding how to judge its rigor.
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?
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?
...communities, and the time and effort required for economic recovery will vary across counties and neighborhoods. This dashboard provides data in near real-time to measure economic activity and recovery at...
In this week’s commentary, we’ll discuss the robustness of the improved health statistics, what the president’s executive orders mean for the economy and the first estimates from our undetected cases model. We do this with an eye toward what could be impending deterioration on both the pandemic and economic front.
Research is a signature component of the Kenan Scholars program. It drives innovation and is critical to conducting business in today’s data-driven economy. Employers are looking for leaders who can...
The Kenan Institute and UNC Kenan-Flagler Business School’s inaugural Conference on Market-Based Solutions for Reducing Wealth Inequality on June 1-2 highlighted research on market mechanisms that might also work to ameliorate inequality.
While the gender pay gap has received significant attention in recent years, little progress has been made to close it; in fact, in 2019, women still earned only 82 cents for every dollar received by their male counterparts for equal work. Policymakers in recent years have developed creative solutions aiming to close the gap, including bans prohibiting employers from asking for a job applicant’s salary history. However, in this week’s Kenan Insight, new research from our experts examines whether such well-intentioned bans are inadvertently lowering wages for all employees.
From small towns to big cities and everywhere in between, there is still a long road ahead to address the current economic crisis spurred by the coronavirus pandemic and adapt to the new normal, but NCGrowth and SmartUp have been hosting webinars to provide communities with key resources. On Wednesday, May 20, three panelists offered their perspectives to explore the economic impacts of COVID-19.
The UNC Entrepreneurship Center will host its fourth and final fireside chat for the fall 2020 semester with Bill Spruill on Wednesday, Nov. 11. Fireside chats are a continuing series of talks hosted by Launch Chapel Hill and The Entrepreneurship Center. These conversations seek to showcase a broad range of entrepreneurs who are making an impact in their field, as well as introduce and connect these people to the Launch Chapel Hill and Triangle community.
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.
We analyze the impact of the introduction of credit default swaps (CDSs) on real decision-making within the firm. Our structural model predicts that CDS introduction increases debt capacity more when uncertainty about the credit events that trigger CDS payment is lower.
We propose and test a framework of private information acquisition and decision timing for asset allocators hiring outside investment managers. Using unique data on due diligence interactions between an institutional allocator and 860 hedge fund managers, we find that the production of private information complements public information. The allocator strategically chooses how much proprietary information to collect, reducing due diligence time by 18 months and improving outcomes. Selected funds outperform unselected funds by 9% over 20 months. The outperformance relates to the allocator learning about fund return-to-scale constraints and manager skill before other investors.