The Biden administration has proposed several multi-trillion dollar initiatives to invest more federal dollars in infrastructure, education, healthcare and more. However, these big ticket items come at a significant cost, which the president hopes to cover through tax reforms. Proposed changes could affect individual income taxes for high earners, corporate taxes, international taxes and capital gains – and needless to say, the proposed reforms have drawn both strong critics and supporters. As dizzying negotiations and politicking continue in Washington, two of our experts unpack the proposed tax changes and their potential impacts on businesses and households in this week’s Kenan Insight.
A February cyberattack targeting Change Healthcare resulted in the most extensive healthcare data breach to date, raising questions about industrywide risk management and regulation.
Special Advisor & Venture Capital Multiplier Fund Manager, Hatteras Venture Partners
Jacob H. Schiff Professor of Investment Banking, Harvard Business School, and 2024 Kenan Institute Distinguished Fellow
Isabelle and Scott Black Professor of Political Economy, Harvard Kennedy School, and 2025 Kenan Institute Distinguished Fellow
Successful initial public offerings (IPOs) provide firms with access to valuable resources, but also put pressure on firms to impress potential investors with evidence of their current well-being and prospects for future growth.
Marketing academics and practitioners alike remain unconvinced about the chief marketing officer's (CMO's) performance implications. Whereas some studies propose that firms benefit financially from having a CMO in the C-suite, other studies conclude that the CMO has little or no effect on firm performance.
The interaction between market orientation and facets of the environment is theoretically compelling and is hence the primary interaction studied in market orientation literature. Yet empirical literature offers mixed findings regarding these interaction effects.
There are few topics in business more current, more covered or more controversial than corporate environmental, social and governance (ESG) responsibilities. Proponents claim a business’s adoption of such principles yields outcomes that benefit all parties, driving win-win scenarios for internal and external stakeholders alike. But critics dismiss ESG implementation as a performative PR ploy, and argue that considering such non-pecuniary factors in corporate decision-making is unsustainable. Our (independent, nonpartisan) findings indicate both sides of the debate are missing the mark – and in hopes of advancing more productive conversations, we introduce below a research-based model for examining the trade-offs of ESG adoption for businesses large and small.
This paper provides a first look at newly available data on the holdings of private equity (PE) funds. Because research has been hampered by the lack of comprehensive, high-quality data on portfolio companies, this new source offers the potential for a wide range of research.
Universal childcare reform implemented in Quebec, Canada, in the late 1990s boosted the careers and earnings of new mothers and produced positive outcomes for some companies as well.
This paper examines private equity (both buyout and venture funds) performance around the globe using four data sets from leading commercial sources. For North American funds, our results echo recent research findings: buyout funds have outperformed public equities over long periods of time; in contrast, venture funds saw performance fall after spectacular results for vintages in the 1990s. For funds outside North America, buyout funds show performance similar to those in North America while venture fund performance is weaker than in North America. Venture samples outside North America are, however, relatively small and strong conclusions await further research. The similarity of performance estimates across the data sets strengthens confidence in conclusions about the results of private equity investing.
Please join us for an exclusive conversation with Andreessen Horowitz Managing Partner Scott Kupor on Monday, Oct. 21 from 4–5 p.m. The event is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.
Longxiu Tian, UNC Kenan-Flagler assistant professor of marketing, shares his expertise in resilient business strategies and his perspective on firms' attempts to build trust and profitability with innovative consumer data management strategies.