With more business leaders than ever before embracing stakeholder capitalism – or the belief that companies should work to benefit all stakeholders, not just shareholders – myriad questions have arisen about the concept’s viability and potential for impact. The Kenan Institute has been working to respond, and today we are excited to launch a new series exploring the most pressing issues surrounding stakeholder capitalism. Kicking off the series is this week’s Kenan Insight, which takes a deeper dive into the buzzed-about world of ESG investing. We hope you’ll check it out, and look forward to engaging with you on this topic and others throughout the series!
A survey of 39 accounting academics conducted by UNC Tax Center Research Director Jeff Hoopes was featured in the Oct. 28 New York Times DealBook Newsletter. In the survey, Hoopes asked respondents if they would support Senator Elizabeth Warren's Real Corporate Profits Tax.
While economists have long theorized that wealthier individuals may purchase less life and property insurance because they can rely on their savings if something unexpected happens, a new study of more than 63,000 people shows that, in practice, quite the opposite is true. This week’s Kenan Insight offers a chance for our experts to explore the findings of their new study, which suggest disparities in insurance coverage could help explain and exacerbate existing financial inequalities.
2020 brought an end to North Carolina’s decade-long economic expansion that began in 2010 after the Great Recession. It has now been a year since COVID-19 arrived on U.S. shores, and we can see some changes clearly, while others are just starting to emerge from the haze. It will likely be years before we fully grasp the myriad ways COVID-19 has affected the nation’s and the state’s economies. Now seems like a good time to take stock of the fallout from 2020, the trends we’re seeing a year into the crisis and where things are starting to turn around for North Carolina.
Healthcare. While H.B. 149 has gotten significant media coverage related to the Medicaid expansion component, the bill includes several significant changes that will impact state health policy and the business of health in North Carolina. H.B. 149 is composed of five sections: Medicaid expansion, work requirements for certain beneficiaries, certificate of need reform, modernization of nursing regulations, and health insurance reforms.
Apprenticeship programs have not historically been successful in reaching a diverse array of people. A report by the institute-affiliated NCGrowth examines trends within apprenticeship and offers a set of best practices to continue diversifying these programs
As major health systems continue to merge, one of the main questions for commentators and researchers concerns the somewhat vague idea of community benefit. The Atrium Health–Advocate merger is set to provide approximately $5 billion in annual community benefit, targeted to aid vulnerable communities and individuals. Community benefit can be understood as any action, investment or program provided by a tax-exempt hospital or health system that promotes the health and wellness of the community they serve. In addition to community benefit, Advocate Health described a $2 billion pledge to disrupt the root causes of health inequities across the rural and urban communities it serves.
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.
Rodney E. Hood, National Credit Union Administration board member, discusses recent ESG-related legislation and the role governments can play during a panel at the February 2023 Frontiers of Business Conference.
The Tax Cuts and Jobs Act (TCJA) of 2017 introduced sweeping changes to individual and corporate taxation. We summarize the major provisions, trace the origins of the Act, and compare it to previous tax changes. We also examine the effects on the government budget, economic activity, and distribution of resources.
The market for initial coin offerings (ICOs) is currently unregulated, and many blockchain companies use "digital hype" as a marketing tool to promote their products. To predict the effects of digital hype during ICOs on blockchain-based projects and outcomes, this study adopts an information economics perspective.
Kenan Institute Chief Economist Gerald Cohen kicks off 2025 with a rundown of five issues that will be top of mind for business leaders and policymakers, accompanied by his analysis.
...board meets biannually to review the institute’s operations and programming. Members represents a wide range of constituencies from business, entrepreneurship, government, university, investor, research communities, as well as the public....
Dive into the value of private-public partnerships in growing enterprises, careers and communities to learn more about Wolfspeed's efforts to cultivate a sustainable workforce pipeline.
This workshop will combine presentations of cutting-edge research, overviews of data and resources at UNC and networking sessions to plant the seeds for new collaborative research on the issues of aging.
Recent infrastructure legislation offers an opportunity to focus on how new projects can increase wealth in communities with the greatest needs and minimize harm to the environment, all while supporting the broader economy.
The explosive growth in ESG investing has created confusion among investors. As part of our yearlong series on stakeholder capitalism, we unpack what they should expect from ESG and try to reconcile it with both financial theory and empirical evidence. The bottom line is a bit complicated.
Private equity investment in healthcare has grown over the last decade – but its role can be a hot topic. Some say PE funds innovation and streamlines costs, while others say it affects the quality of healthcare. In this week’s insight, RedSail Technologies Chief Strategy Officer Frances Nahas and Zetema Project Founder and Chair Mark Zitter to weigh in on the debate.
Greg Brown, director of the Frank Hawkins Kenan Institute of Private Enterprise, was honored today as part of CNBC’s Disruptor 50 event at the Nasdaq Entrepreneurial Center in San Francisco.
At the institute’s annual Conference on Market-Based Solutions for Reducing Wealth Inequality, a diverse group of experts from business, government and academia discussed practical solutions for improving upward mobility.