Prior to the COVID-19 outbreak, institutions of higher education were under immense pressure to live up to their value propositions, with underlying tensions that have been developing for years posing an existential threat to their financial viability. As colleges and universities move classes and operations online in response to the pandemic, questions arise as to what such changes hold not just for now, but for the long-term success of higher education. Can ed tech provide a way forward? This briefing features North Carolina Area Health Education Centers Liason and UNC School of Nursing Professor Mary Schuler, UNC College of Arts and Sciences Associate Dean of Instructional Innovation Professor Kelly Hogan, UNC Kenan-Flagler Business School Dean Doug Shackelford and Association of College and University Educators CEO Susan Cates.
A panel of experts from the North Carolina CEO Forum, convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise, offered a press briefing via webinar to introduce a new framework aggregating real-time, non-standard economic and public health data to guide critical policy decisions on economic openness. This press briefing features UNC Kenan-Flagler Business School Professor & Kenan Institute Research Director Christian Lundblad, Kenan Institute Senior Fellow & Carroll Family Holdings Founder David Carroll, First Citizens Bank Vice Chair Hope Bryant and Kenan Institute Executive Director and UNC Kenan-Flagler Business School Professor Greg Brown.
Food retail is facing massive challenges at the hands of the COVID-19 crisis and the response has led to an acceleration in the shift to go digital. Grocers are leaning strongly into online sales and producers are using new technology to become more nimble when it comes to whom they supply and how they get to market. Join our retail faculty and industry experts as they discuss the development of new online platforms and delivery options, the management of supplier relationships, evolving customer demand and expectations and changing personnel needs and safety. Moderator: Bill Putsis, Professor of Marketing, UNC Kenan-Flagler Business School Panelists: Kristopher Keller, Assistant Professor of Marketing, UNC Kenan-Flagler Business School Jody Kalmbach, Group Vice President of Product Experience, Kroger Mark Baum, Chief Collaboration Officer & Senior Vice President of Industry Relations at FMI, Food Industry Association
In the first study of the impact of the opioid crisis on firms, UNC Kenan-Flagler Business School Associate Professor of Finance Paige Ouimet, Assistant Professor of Finance Elena Simintzi and Ph.D. candidate Kailei Ye demonstrate the negative effects of opioid abuse on long-term firm growth, investment and valuation.
Governments around the globe are exploring how to leverage technology and data analytics to enable effective contact tracing to stem the spread of COVID-19. UNC Kenan-Flagler Business School Professor of Operations Jay Swaminathan hosts a panel of experts to explore how developers, corporations, regulators and consumer advocates are thinking about the impact of integrating this technology in response to the pandemic. Panelists include IBM Watson IoT VP of Offering Management Stephan Biller; the Heritage Foundations's Center for Technology Policy Director Klon Kitchen; the Future of Privacy Forum CEO Jules Polonetsky and UNC Gillings School of Global Public Health Associate Professor and Carolina Population Center MEASURE Evaluation Project Director Jim Thomas.
Does practicing corporate social responsibility (CSR) bestow any benefits on how a firm is perceived by the public? Yes, says a study by Olga Hawn, assistant professor of strategy and entrepreneurship and faculty director of the Center for Sustainable Enterprise at UNC Kenan-Flagler Business School, and Catherine Shea, assistant professor of organizational behavior and theory at Carnegie Mellon University Tepper School of Business. Hawn and Shea point to a link between CSR and a company’s’ reputation for warmth and competence, how perceptions of firms’ exhibition of these characteristics affect CSR rewards and CSI (corporate social irresponsibility) penalties and how these effects vary from country to country.
Q&A featuring Yale School of Management Professor Olav Sorrenson, MIT Sloan School of Management Professor Matthew Rhodes-Kropf and Amadeus Capital Partners Chief Executive and Co-Founder Anne Glover.
As AI and related technologies – such as machine learning, deep learning, natural language processing and computer vision – rapidly evolve, it's necessary to examine their limitations and ethical complexities. Eric Ghysels, Edward Bernstein Distinguished Professor of Economics and Professor of Finance & Faculty Director of Rethinc. Labs previews our AI Innovations Forum co-hosted with SAS.
We identify a setting in which there is a predictable incentive for short sellers to manipulate prices, and we find patterns consistent with short sellers manipulating prices. Specifically, we find that stocks with high shortinterest experience abnormally low returns on the last trading day of the year. This effect is strongest among stocks that are easily manipulated and during the last hour of trading. Further, this effect reverses at the beginning of the year, consistent with the temporary nature of price manipulation.
Mohammad Hossein Jarrahi of the UNC School of Information and Library Science explores the competitive and cooperative skills that organizations will seek in both their employees and their artificial intelligence systems for Harvard Business Review.
We examine whether time variation in the comovements of daily stock and Treasury bond returns can be linked to measures of stock market uncertainty, specifically the implied volatility from equity index options and detrended stock turnover.
Multinational companies increasingly rely upon the work of virtual teams to manage their global intellectual assets and encourage innovation. Spanning functional, geographical and corporate boundaries, virtual team members work together on various projects but are based in different locations nationwide or worldwide.
On Jan. 24, the Kenan-Flagler Business School at UNC Chapel Hill hosted The Future of Fintech: Blockchain, Cryptocurrency and the Emerging Financial Ecosystem. This event featured leading business leaders, academic researchers, and public sector financial regulators to discuss emerging trends, issues and opportunities in the financial technology sector. The symposium included discussions of the future of the fintech space, blockchain, cryptocurrencies and other emerging technologies, as well as regulatory issues affecting this rapidly evolving market.
The mission of the Kenan Institute of Private Enterprise to develop and promote innovative, market-based solutions to vital economic issues—and its capacity for bringing together diverse constituencies to create those solutions were both on full display on Nov. 22 at the Investing in Affordable Housing Symposium.
This event has been postponed to an as-yet undetermined date. We apologize for any inconvenience this may cause, and will post information about rescheduling as soon as we have it. Please continue to check the website for updates.
The challenge for public health officials is to detect an emerging foodborne disease outbreak from a large set of simple and isolated, domain-specific events. These events can be extracted from a large number of distinct information systems such as surveillance and laboratory reporting systems from health care providers, real-time complaint hotlines from consumers, and inspection reporting systems from regulatory agencies. In this paper we formalize a foodborne disease outbreak as a complex event and apply an event-driven rule-based engine to the problem of detecting emerging events. We define an evidence set as a set of simple events that are linked symptomatically, spatially and temporally. A weighted metric is used to compute the strength of the evidence set as a basis for response by public health officials.
Roger McNamee has been a Silicon Valley investor for 35 years. He co-founded successful funds in venture, crossover and private equity. His most recent fund, Elevation, included U2’s Bono as a co-founder. McNamee's new book, "Zucked: Waking Up to the Facebook Catastrophe," chronicles his early mentorship of Mark Zuckerberg and other tech leaders, and his subsequent realization that the Facebook platform and its legitimate advertising tools were being manipulated by “bad actors.”
Applied financial econometrics subjects are featured in this second volume, with papers that survey important research even as they make unique empirical contributions to the literature. These subjects are familiar: portfolio choice, trading volume, the risk-return tradeoff, option pricing, bond yields, and the management, supervision, and measurement of extreme and infrequent risks.
I provide big picture comments on the review of the banking literature in accounting by Beatty and Liao (2014). Beatty and Liao (2014) does a service to the accounting field by providing an intelligent, well organized and accessible point of entry to banking research in accounting.