Life financial outcomes carry a significant heritable component, but the mechanisms by which genes influence financial choices remain unclear. Focusing on a polymorphism in the promoter region of the serotonin transporter gene (5-HTTLPR), we found that individuals possessing the short allele of this gene invested less in equities, were less engaged in actively making investment decisions, and had fewer credit lines.
Self-presentation is a fundamental aspect of social life, with myriad critical outcomes dependent on others’ impressions. We identify and offer the first empirical investigation of a prevalent, yet understudied self-presentation strategy: humblebragging. Across seven studies including a week-long diary study and a field experiment, we identify humblebragging — bragging masked by a complaint or humility — as a common, conceptually distinct, and ineffective form of self-presentation.
Preparing students to deal with ethical issues in the workplace is the goal of “Resisting Corporate Corruption: Cases in Practical Ethics from Enron through the Financial Crisis” by Stephen Arbogast, a professor at the University of North Carolina Kenan-Flagler Business School.
The crash of the stablecoin TerraUSD last month prompted talk among policymakers of tighter regulations for cryptocurrency markets, a world that was built around the ideas of independence and privacy. In this week’s Kenan Insight, experts who participated in a recent webinar discuss how regulation can move crypto forward and what form new rules and infrastructure might take.
To kick off the new school year on Aug. 12, the Kenan Scholars program participated in Carolina’s annual Week of Welcome, which introduces incoming students to the university’s various clubs and organizations. The virtual event addressed how companies have attempted to confront racism amid the current racial unrest.
Taming the rising costs of prescription drugs has been a focus of U.S. healthcare reform for the past decade. High drug prices limit patient access while also contributing to higher overall healthcare costs. Recently, issues of how drug list prices are set, who reaps the benefits, and how those costs are passed on to patients have come under increased scrutiny.
In honor of University Research Week, Kenan Institute Director of Research Christian Lundblad discusses the importance of research from the perspective of Kenan-Flagler faculty, and how the school's international reputation is inextricably tied to the quality, relevance and creativity of its collective research agenda.
...Discount Window, Stigma, and Term Auction Facility Yunzhi Hu, UNC Kenan-Flagler Assistant Professor of Finance Abstract This paper studies how Term Auction Facility (TAF) overcame the stigma associated with Discount...
We are proud to announce the winners of the 2024 Kenan Institute Student Awards, including five awards, presented through a generous gift from the William R. Kenan, Jr. Fund, to recognize students who have exhibited outstanding service and commitment.
UNC Kenan-Flagler Business School Professor Al Segars and co-author Anselm Beach have written about their new model for developing diversity, equity and inclusion in an organization, the Values/Principles Model, in the most recent issue of the MIT Sloan Management Review. At a time when recognition of DEI’s benefits has become widespread, their approach gives leaders the tools to create real change that will allow their whole companies to prosper. Learn more by clicking below.
China’s remarkable economic transition was going to face slowing growth at some point, but misallocation of resources and the country’s zero-COVID policy further complicate the picture.
With more business leaders than ever before embracing stakeholder capitalism – or the belief that companies should work to benefit all stakeholders, not just shareholders – myriad questions have arisen about the concept’s viability and potential for impact. The Kenan Institute has been working to respond, and today we are excited to launch a new series exploring the most pressing issues surrounding stakeholder capitalism. Kicking off the series is this week’s Kenan Insight, which takes a deeper dive into the buzzed-about world of ESG investing. We hope you’ll check it out, and look forward to engaging with you on this topic and others throughout the series!
With economic growth can come growing pains, such as an increased cost of living and displacement of local businesses. An NCGrowth report examines how communities with a large manufacturer can minimize those pains.
The AI transformation has yet to happen, prompting uncertainty about potential impacts on the skills gap and the nature of work. Recognizing this will help us develop strategies for mitigating potential risks to workers, firms and the economy.
We estimate the causal effects of employee-friendly scheduling practices on store financial performance at the US retailer Gap, Inc. The randomized field experiment evaluated a multi-component intervention designed to improve dimensions of work schedules – inconsistency, unpredictability, inadequacy, and lack-of-employee control – shown to undermine employee well-being and productivity.
As the country reopens, it’s important to assess how we can be better prepared to stave off such enormous economic losses during the next wave or the next epidemic.
As the Consumer Price Index rises, businesses sound the alarm over supply-chain bottlenecks, and federal stimulus checks spur spending, the chatter around inflation is increasing. In this Kenan Insight, we explore what this potential perfect storm for an inflation spike could have on a recovering U.S. economy.
A new, data-driven method of looking at regional economies in more detail will enable a richer discussion of the U.S. economy as a whole and provide forecasts for decision-makers in business and government.
Kenan Institute Senior Faculty Fellow Anusha Chari’s work, which was highlighted at the American Economic Association (AEA) meeting on Jan. 6., was cited in a recent article in The Economist. Chari also spoke recently about her findings with The Chronicle of Higher Education.
The third annual invitation-only Frontiers of Entrepreneurship conference, hosted by the Frank Hawkins Kenan Institute of Private Enterprise and its affiliated Entrepreneurship Center, will gather a highly curated group of 150 leaders from academia, industry and government to discuss leading-edge research on private business ventures and explore ways to sustain and advance entrepreneurship.