Join the Leonard W. Wood Center for Real Estate Studies for the John A. Mitchener Housing Affordability Symposium on Friday, Dec. 1, 2023, at the Rizzo Center. Industry and academic experts will explore how the U.S. can combat increased housing costs.
A talk and discussion with Jan-Benedict Steenkamp author, Global Brand Strategy: World-Wise Marketing in the Age of Branding. Moderated by Professor Olga Hawn. Book Signing and Reception to follow.
London Business School Professor Alex Edmans, a 2022 Kenan Institute Distinguished Fellow, followed up his recent virtual presentation on “The Power of Purposeful Business” by answering key questions from the audience. This week’s Kenan Insight offers a curated Q&A with a few of our favorites, with Professor Edmans tackling topics such as which issues government is best equipped to regulate and which may require shareholders to step in, the limits of using data in ESG measurement, and how best to encourage purposeful thinking throughout an organization.
This chapter investigates the pricing of key contract provisions of Puerto Rican debt. In doing so, the chapter contributes to a body of research that asks the questions: do investors price contract provisions? Does the pricing of contract provisions vary with credit risk? To our knowledge, this is the first study to address these questions for the case of Puerto Rico or any municipal issuer. Puerto Rico’s unique status as a U.S. territory implies that its subsidiaries, such as municipalities, cannot file for bankruptcy under Chapter 9 of the U.S. Bankruptcy Code.
There’s no escaping the growing interest in environmental, social and corporate governance investing, but not everyone agrees on how to define, measure or report the variety of factors considered under ESG. Professor Laura Starks of the University of Texas McCombs School of Business spoke on the subject in May at the Alternative Investments Conference, sponsored by the Institute for Private Capital. Starks’ keynote speech, highlighted here, examined the knowns and unknowns of ESG investing as well as new regulations that may be coming.
The year 2019 has seen a multitude of events unprecedented in recent history. A crippling polar vortex followed by a destructive heatwave. Debate over blockchain and 5G permeating board rooms and Capitol Hill. The raging U.S.-China trade war. How do major global events like these affect those of us watching from the sidelines?
The extent to which federal investment in research crowds out or decreases incentives for investment from other funding sources remains an open question. Scholarship on research funding has focused on the relationship between federal and industry or, more comprehensively, non-federal funding without disentangling the other sources of research support that include nonprofit organizations and state and local governments. This paper extends our understanding of academic research support by considering the relationships between federal and non-federal funding sources provided by the National Science Foundation Higher Education Research and Development Survey.
Entrepreneurial culture celebrates the successful archetypical founder as a “lone wolf”; however, academic literature has found the majority of new entrepreneurial firms, ventures and start-ups are founded not by individuals, but by teams.
Could new legislation help drive the development of local tech clusters – and the growth of corresponding economic power and development – beyond Silicon Valley? In this week’s Kenan Insight, our experts explore the gravitational pull of Big Tech along with what it could mean if startups across the U.S. were better able to remain and grow in the communities where they launch.
Orientation weekend provided the Class of 2023 a comprehensive overview of both the Kenan Scholars program and the Kenan Institute of Private Enterprise.
On April 4, the Kenan Institute celebrated the achievements of the first graduating class of Kenan Scholars. The 2019 graduates witnessed the birth of the Kenan Scholars program and have played an instrumental role in its development.
As we move into 2023, the state of the economy remains highly uncertain following a volatile year that included both strong job growth and persistent inflation. Unfortunately, our economic models don’t bear particularly glad tidings for the new year, as we expect the U.S. economy will enter a recession in the second half of 2023 or early 2024. What is more, the economic pain caused by this downturn will be felt unevenly across the country: Our work in the American Growth Project has revealed significant divergence across regional economies in the United States that is too often left out of analysis focusing on national statistics alone.
UNC Kenan-Flagler Business School Professor Camelia Kuhnen is an expert in corporate finance, behavioral finance and neuroeconomics, the application of neuroscience tools and methods to economic research. As many question whether a recession is on the way, she answers some questions about how the most notable consumer confidence surveys differ and whether Americans are prone to economic gloominess.
Business incubators are taking on a greater role in the development of entrepreneurial ecosystems, but debate continues over whether, how and in what situations they work. In this Kenan Insight, we explore what makes incubators successful and how communities can determine if one is right for them.
The argument that ESG investing generates more stable and higher long-term returns has come under scrutiny, including recent data showing long-run underperformance of ESG funds over the past five years. In this Kenan Insight, we provide some clarification based on recent research that revisits fundamental questions: why and how some investors take ESG factors into account in the first place.
A women-owned food hub for local pasture-raised meat farmers and an advisor for an energy and utility industry management consulting firm are the recipients of the 2019 UNC Sustainability Awards, presented Sept. 5 at the North Carolina Botanical Garden in Chapel Hill.
The Nov. 5 session gave attendees insights into recent developments in AI and machine learning from world-renowned leaders in the field.
Sekou Bermiss, UNC Kenan-Flagler associate professor of strategy and entrepreneurship, unpacks the topic of people analytics, discussing how firms can build better culture by supporting both managers and employees.
In the first study of the impact of the opioid crisis on firms, UNC Kenan-Flagler researchers demonstrate the negative effects of opioid abuse on long-term firm growth, investment and valuation.
On Sept. 9-11, the 2019 Black Communities Conference convened at the Carolina Theatre in downtown Durham, North Carolina, to foster collaboration among Black communities and universities for the purpose of enhancing Black community life and furthering the understanding of communities of the African diaspora.