As the pandemic forced shutdowns across the globe, U.S. government entities at the federal, state and local levels worked swiftly to secure known drivers of economic growth and job creation – including entrepreneurial ecosystems and small businesses. And while the programs implemented were widely lauded as successful, the story of who benefitted – and who did not – is more complex. This week’s Kenan Insight explores our experts’ key findings around the roles of policy and implementation in supporting equal access to opportunity.
Kenan Institute experts, industry leaders and researchers came together to discuss the broad societal impact of entrepreneurs – including entrepreneurial ecosystems, funding and America’s untapped assets – and some of the biggest trends currently seen in the industry.
The Frank Hawkins Kenan Institute of Private Enterprise was proud to host Bill Rogers, chairman and CEO of SunTrust Banks, at the Kenan Center Monday, Nov. 19. The Kenan Institute hosted Rogers as part of its Dean’s Speaker Series, which is made possible by the Archie K. Davis endowment. During his visit, the UNC Kenan-Flagler Business School alumnus met with faculty, staff and students to discuss issues ranging from rural economic development to emerging technologies.
In his most recent paper James H. Johnson, director of the Urban Investment Strategies Center at the Kenan Institute of Private Enterprise, addresses the challenges facing senior African Americans in accessing long-term care.
Participants include Jim Goldman, Assistant Professor of Financial Economics, University of Toronto; Eva Steiner, Associate Professor of Real Estate, Penn State University; Jay R. Ritter, Joseph B. Cordell Eminent Scholar, Warrington College of Business, University of Florida; Allyson Tucker, Chief Investment Officer, Washington State Investment Board; Michael Elio, Partner, StepStone; Christian Lundblad, Richard Levin Distinguished Professor of Finance, Director of Research, Kenan Institute of Private Enterprise; Matt Harvey, Managing Director, Head of Direct Lending, PGIM Private Capital; and David Sambur, Apollo Global Management, Inc.
Much has been made about the labor force participation rate, or the percentage of Americans over 16 who are working or actively looking for work — and for good cause, given the number of unfilled vacancies at U.S. firms. If fewer Americans are working, it is going to be harder for firms to staff all of their openings. Currently, 62.2% of adult Americans are working or looking for work. This compares with a historical average of 63.9% in 2019. With 259 million adult Americans, this 1.7 percentage point decrease in the labor force participation rate translates to a missing 4.4 million workers. And the narrative to date has primarily focused on how many Americans made changes following the COVID-19 pandemic (in response to lockdowns, layoffs, health concerns or care responsibilities) and the sizable fraction of these Americans who are still sitting on the sidelines. Given the steady drumbeat of news about how firms are unable to fill all their positions, there is much interest in how and when we expect these workers to return to the labor force. So, when can we expect them to join the labor pool?
...the Downfall of Today Presentation Englert, Caroline (2022) A New Chapter for Affordable Housing Non-Profits Presentation Gordon-Pecelli, Sam (2022) Retirement Homes Pierced by Isolation’s Double-Edged Sword Presentation ...
For some years now, environmental, social and governance investing has stormed the asset management industry with explosive growth. Tighter and increased oversight may finally bring it back down to earth.
CEO pay is the latest point of contention in the political fight over ESG, but the arguments have become oversimplified. When we think about good corporate governance, what does the evidence say about CEO pay? The results may surprise you.
...With the baby boomer generation moving into retirement, the US labor force participation rate has dropped, leaving employers with a shrinking pool of workers from which to draw the new...
There is no theory in strategic management and other related fields for identifying decision problems that cannot be solved by organizations using rational analytical technologies of the type typically taught in MBA programs.
We examine data on capital-gains-tax-related information search to determine when and how taxpayers acquire information. We find seasonal increases in information search around tax deadlines, suggesting that taxpayers seek information to comply with tax law.
We examine the global equity supply chains of U.S. multinationals to explore how tax and nontax country characteristics affect whether firms use foreign holding companies and where they locate them. We find that U.S. multinationals supply equity from headquarters to their foreign operating companies through foreign holding companies located in countries that lightly tax equity distributions.
Goals and the performance feedback on those goals are fundamental to organizational learning and adaptation. However, most research has focused on single overall, high-level organizational goals, while ignoring important operational goals farther down in the goal hierarchy.
This article develops a case of economic development policy as an adaptive and improvisational process: effective policy is endogenous and the result of negotiations and power relationships.
NCGrowth will host a launch event for Homegrown Tools, a web tool that tells the story of small towns that have successfully stimulated private investment and job creation, on Wednesday, Jan. 16. The event will be livestreamed.
...Homegrown Tools is developed by NCGrowth in partnership with UNC School of Government, NC Rural Center, UNC Department of City and Regional Planning and the Federal Reserve Bank of Richmond....
NCGrowth develops a web-based tool that helps connect communities with information and inspiration.
On Oct. 12, Kenan Scholars Chris Karras, Emily Arnold, Victor Brown and Jack Noble presented the work they completed during their public sector summer internships at the Kenan Institute Asia in Bangkok, Thailand.