On Wednesday, April 4, the Frank Hawkins Kenan Institute of Private Enterprise and UNC-Chapel Hill’s Kenan-Flagler Business School will present a lecture by private equity guru and philanthropist Steve Schwarzman. The event, which is part of the 2017-18 Dean’s Speaker Series, will take place at 2:30 p.m. at the Kenan Center in Chapel Hill.
We evaluate sell-side equity analysts’ multiyear forecasted income statements, balance sheets and cash flow statements, and the profitability, efficiency and leverage ratios that they imply.
This unique Companion provides a comprehensive overview and critical evaluation of existing conceptualizations and new developments in innovation research.
NCGrowth, an affiliated center of the Frank Hawkins Kenan Institute for Private Enterprise, hosted its annual summer showcase in Sanford, N.C., on Friday, Sept. 7.
This paper examines price discovery and liquidity provision in the secondary market for bitcoin -- an asset that has no observable fundamentals and is associated with a high level of speculative trading. Based on a comprehensive dataset of the full limit order book of BTC-e over the 2013-2014 period, we find that order informativeness generally increases with order aggressiveness within the first 10 tiers, but that this pattern reverses in the outer layers of the book. In a high volatility environment, aggressive orders seem to be more attractive to informed agents, as reflected by the increased information content of such orders, although market liquidity appears to migrate outward in response to the information asymmetry.
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.
On Feb. 8, 2019, the Kenan Scholars traveled to Raleigh to meet with government leaders and administrators for their annual North Carolina Capital Trek.
Recent Congressional proposals have advocated restricting companies’ ability to buy back their own shares. Some would suggest that imposing such restrictions is a bad thing.
The spatial diffusion and adoption of rDNA methods, Regional Studies. The 1980 patent granted to Stanley Cohen and Herbert Boyer for their development of rDNA technology played a critical role in the establishment of the modern biotechnology industry. From the birth of this general-purpose technology in the San Francisco Bay area, rDNA-related knowledge diffused across sectors and regions of the US economy.
The debate surrounding returns of private equity vs. public markets continues with a recent paper by AQR. What do the latest data tell us?
From the perspective of customers, there are two types of counterfeit products: deceptive and non-deceptive counterfeits. In the case of non-deceptive counterfeits, a customer can distinguish between a genuine article and a counterfeit version; she may still buy the counterfeit item because she cannot afford the genuine product. In contrast, the customer cannot differentiate a deceptive counterfeit item from the genuine product before buying it. Both types of counterfeits negatively affect a manufacturer’s profit and brand.
Nikita Billman (BSBA '21) spent her spring break in Antigua, Guatemala working with the mission From Houses to Homes.
On June 5-7, more than 80 of the world’s leading business school researchers, policymakers and practitioners of corporate sustainability convened at the Kenan Center for the 11th annual conference for the Alliance for Research on Corporate Responsibility (ARCS). The event attracted attendees from North and South America, Asia and Europe, from management, law, public policy, operations and economics.
On Sept. 9-11, 2019, the Kenan Institute and the University of North Carolina at Chapel Hill’s Institute for African-American Research will co-host the second Black Communities Conference, an international gathering of scholars and community leaders from across the African diaspora. The conference's core mission is to connect academics from a variety of disciplines with black communities, with the goal of enhancing the life of those communities.
Please join us for an exclusive conversation with Sharecare Co-founder, Chairman and CEO Jeff Arnold on Friday, Nov. 8. The event takes place in the Koury Auditorium and is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.
In honor of National Fintech Day on Tuesday, Aug. 20, Kenan Institute Senior Faculty Fellow and Rethinc. Labs Faculty Director Eric Ghysels gives an update on the state of fintech initiatives at UNC Kenan-Flagler Business School and more broadly, at UNC-Chapel Hill.
The Private Equity Research Consortium this fall plans to make fund holdings data available for academic research—a development that helps mark the 10-year partnership between data provider Burgiss and the Institute for Private Capital, an affiliate of UNC Kenan-Flagler Business School’s Frank H. Kenan Institute of Private Enterprise.
Counterfeiting is a severe problem with significant economic impact that can negatively affect a manufacturer's profit and brand. However, blockchain-based solutions can help customers make informed purchasing decisions.
The Nov. 5 session gave attendees insights into recent developments in AI and machine learning from world-renowned leaders in the field.
Twice each year, NCGrowth showcases its clients, recent projects and upcoming work in a unique place. On Dec. 13, the North Carolina Zoo in Asheboro hosted the event. Attendees learned about Asheboro, Randolph County and the broader Triad economy, and recent NCGrowth projects – and got to visit with some of the zoo’s animal inhabitants.