By almost any measure, marketing academia is in a better shape than it has ever been. Job prospects for PhD students have improved substantially in recent years. According to the 2017 Marketing Academia Labor Report, there were 1.83 candidates per new assistant professor (“rookie”) position compared to 2.85 to 1 in 2010. Moreover, there are 37 open positions for advanced assistant professors with only 14 people looking for such positions. The median 12-month salary for entry-level positions is $190,000, up from $162,260 in 2010. Colleagues in the School of Arts & Sciences, as well as most people in the government or private sector, would gladly enjoy such opportunities.
Kenan Scholar alum, Matt Bravante graduated with the first cohort of undergraduate Kenan Scholars last May. After completing his honors thesis in the field of energy pricing, Matt moved to New York City for a brief stint to work for Bloomberg New Energy Finance.
Out of the rubble of World War II, we collectively and deliberately built an institutional order that established norms of acceptable behavior and placed constraints on powerful nations. While work remains to create broader economic opportunity and some regions have suffered terrible conflict, the economic and financial globalization that this order fostered nevertheless yielded the greatest period of peace and economic prosperity that humanity has ever known. The more than 70 years since the war’s conclusion are, however, very atypical, and we are now returning to a setting far more familiar to any student of history, where strength and power supersede norms and rules. The world is characterized by a renewed struggle between illiberal autocracy and liberal democracy.
Are divestitures really just the “flip side” of acquisitions? Both divestiture and acquisition are important processes for firm scope change. Frequently, these processes are considered to be “two sides of the same coin” wherein a divestiture is simply an acquisition performed “in reverse.” In contrast to this perspective, the authors submit that these two corporate strategic processes have fundamental differences in their motivations, implementation, and ramifications.
Are divestitures really just the “flip side” of acquisitions? Both divestiture and acquisition are important processes for firm scope change. Frequently, these processes are considered to be “two sides of the same coin” wherein a divestiture is simply an acquisition performed “in reverse.” In contrast to this perspective, the authors submit that these two corporate strategic processes have fundamental differences in their motivations, implementation, and ramifications.
This paper illustrates the major challenges faced by globally recognised classical art forms through the examination of Kutiyattam, a centuries old renowned theatre form of India, Kutiyattam was declared by the UNESCO in 2001 as an intangible heritage of humankind. During the mid-twentieth century, Kutiyattam performers came out of their traditional performing space in Hindu temples, encouraged by the proactive support of the State. In the wake of the UNESCO recognition for the theatre form, State support measures underwent further strengthening. However, in spite of this, India’s Kutiyattam institutions are confronted with a serious economic crisis that threatens their very existence.
American Community Survey data are used to develop typologies of the generational dynamics and living arrangements of the estimated 1.6 million U.S. older adult households who will likely encounter the most difficulty aging in place. Policy recommendations and strategies are offered to address the specific barriers and challenges that must be overcome in order for these older adults to successfully live out their lives in their homes and community.
A fundamental property of accrual accounting is to smooth temporary timing fluctuations in operating cash flows, indicating an inherent negative correlation between accruals and cash flows. We show that the overall correlation between accruals and cash flows has dramatically declined in magnitude over the past half century and has largely disappeared in more recent years.
On Saturday, March 21, the Small Business Investor Alliance released a survey focusing on the effect COVID-19 is having on small businesses across the U.S. Kenan Institute Executive Director Greg Brown and UNC Kenan-Flagler Business School Ph.D. candidate Matteo Binfarè provided data analysis.
...Award amounts are for up to 50 percent of a project’s budget. The maximum award amount is $10,000 (for projects with a $20,000+ budget). The Kenan Institute Small Research Grants...
This paper studies an optimal procurement mechanism for a newsvendor-like problem where the buyer's (newsvendor's) purchase price of the supplies is not fixed, but determined through interaction with candidate suppliers. The buyer has priors on the suppliers' costs but does not know their costs exactly. Recent literature has shown how the buyer can implement the optimal procurement mechanism by announcing a revenue function (specifying a payment for each quantity the buyer may purchase), then auctioning off the supply contract with the specified revenue function.
Institute for Private Capital Research Director Greg Brown, UNC Kenan-Flagler Ph.D. candidate Matteo Binfarè, Darden School of Business Professor Bob Harris and UNC Kenan-Flagler Professor Christian Lundblad's latest paper is the recipient of the Two Sigma Award for the Best Paper on Investment Management. The Western Finance Association announced the award at their annual meeting in Huntington Beach, California on Monday, June 17. Read the paper, "How Do Financial Expertise and Networks Affect Investing? Evidence from the Governance of University Endowments,"
Generative AI such as ChatGPT holds the potential to alter many kinds of work, but analysis of a new report shows the occupations most likely to be affected are populated by more women than men.
Since 2008, the Alternative Investments Conference has served as a forum for private equity, hedge fund, venture capital, and other alternative asset professionals to network, share ideas, and stay abreast of industry trends. The conference provides insights into current topics in alternative investments as well as the opportunity to meet and learn from some of the most influential industry leaders. The UNC Alternative Investments Conference is sponsored by the Institute for Private Capital at the University of North Carolina at Chapel Hill.
Since 2008, the Alternative Investments Conference has served as a forum for private equity, hedge fund, venture capital and other alternative asset professionals to network, share ideas and stay abreast of industry trends. This conference serves as a forum for investment managers, institutional investors and academics to network, share ideas and stay abreast of the latest industry trends.
Since 2008, the Alternative Investments Conference has served as a forum for private equity, hedge fund, venture capital, and other alternative asset professionals to network, share ideas, and stay abreast of industry trends.
In recent months, mechanisms that have allowed for high-skilled foreign nationals to study and work in the U.S. have been put on the policy chopping block. In this Kenan Insight, we discuss why high-skilled foreign workers are critical to America's economic health, and why policies must continue to support their entry into the U.S.
In 2008, the majority of U.S. airlines began charging for the second checked bag, and then for the first checked bag. One of the often cited reasons for this action by the airlines’ executives was that this would influence customers to travel with less baggage and thus improve cost and operational performance.