George Floyd's murder caused many firms to reveal how exposed they are to racial diversity issues. We examine investor and firm behaviors after this socially significant event to provide evidence on the valuation effects of the exposure and ensuing corporate responses. We develop a text-based measure of a firm's exposure to racial diversity issues from conference call transcripts and find that, after the murder of George Floyd, firms with diversity exposure experience a stock price decrease of approximately 0.7% around the date of the conference call. We provide evidence that this effect is attributable to race-related exposure and not gender-related exposure. Initiatives taken by firms mitigate the negative market reaction.
...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.
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.
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.
Join us for an afternoon with Dr. Mandy Cohen, N.C. secretary of health and human services. Among her top priorities are combating the opioid crisis; building a strong, efficient Medicaid program; and improving early childhood education.
Please join us for an exclusive conversation with Eli Gross on March 7 at 1 PM as a part of the Dean’s Speaker Series, hosted by the Kenan Institute in partnership with UNC Kenan-Flagler Business School.
Artificial intelligence was a major topic of conversation at the Frontiers of Business Conference on October 10. See how speakers and panelists think the technology will change the future of business.
In this paper we present a framework for linking smart products (with embedded real-time diagnostics and prognostics based health management capabilities) to a service provisioning system to create a system of ―self-aware product-centric systems. The framework includes a powerful ―learning engine capable of monitoring, analyzing and interpreting patterns of system/product behavior in real-time. The learning engine provides the capability of information feedback for real-time, ―in-the-loop control. This concept enables the service-provisioning network to provide customer services such as product health management at reduced maintenance costs, improved responsiveness to customer needs during use, and generally more efficient operations.
The Kenan Institute will host Bryony Winn, chief strategy and innovation officer for Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Winn is responsible for thoughtfully guiding the company as it seeks to realize its vision to be the model for transforming our health system through an unwavering commitment to quality, affordability, and exceptional experience.
NCGrowth develops a web-based tool that helps connect communities with information and inspiration.
For the fourth year in a row, IPC founding member, Northern Trust, will host a private equity research symposium on May 10 at the offices in Chicago.
First-year MBA Kenan Scholar Gowtam Atthipall and fellow Kenan Scholar Jean Montano discuss their take on global citizenship.
As Global Entrepreneurship Week begins, Professor Ted Zoller, faculty director of the Kenan Institute-affiliated UNC Entrepreneurship Center, discusses what UNC Kenan-Flagler Business School is doing to drive innovation in entrepreneurship education and prepare the next generation of entrepreneurs for success.
Despite positive labor market indicators, consumer sentiment has declined steadily in 2025 as fears of inflation rise. The result could be a reduction in consumer spending.
Nonwage benefits have become more important to employers and employees alike. A new look shows where you work plays a far greater role in the level of benefits you receive than it does your paycheck.
A panel of experts convened by UNC Kenan-Flagler Business School, its affiliated Kenan Institute of Private Enterprise and the Institute of African American Research will offer a press briefing via webinar on the intersection of the COVID-19 crisis and the Black Lives Matter movement—providing a framework for developing solutions to achieve equitable public health and economic outcomes for the short- and long-term.