Some are worrying about the future of commercial real estate because of recent falls in valuations. Our expert discusses the challenges facing CRE and how to disentangle the trends that are shaking up the sector.
Issues constricting the supply of workers, the sector-by-sector employment effects of a potential recession, the emergence of new technologies – these are the primary labor demand themes we’ll focus on in our 2023 grand challenge.
I spent this summer on Journey of Hope, a two-month cross-country bike ride that raises money, awareness and acceptance for people with disabilities. My team of 22 cyclists and seven crew members traveled from San Francisco to Washington, D.C., averaging 75 miles a day. Most days included “friendship visits,” or events in which we interacted with people with disabilities and their supporting organizations.
How best to structure the work day is an important operational question for organizations. A key structural consideration is the effective use of breaks from work. Breaks serve the critical purpose of allowing employees to recharge, but in the short term, translate to a loss of time that usually leads to reduced productivity. We evaluate the effects of two types of breaks (expected versus unexpected), and two distinct forms of unexpected breaks, and find that unexpected breaks can, under certain conditions, yield immediate post-break performance increases.
Battered by the COVID-19 pandemic, the precipitous drop in the economy and continuing racial justice protests, American colleges and universities are facing their most challenging period ever as they head into the fall semester. In this Kenan Insight, we explore what the long-term impact of such forces will be on higher education, and what policy and strategic actions might help mitigate the damage.
As a second wave of COVID-19 cases makes its way around the world, the danger to the U.S. economy is clear. In this Kenan Insight, we examine the potentially damaging effects of the ongoing pandemic on an already battered workforce, and make the case for why Congress must act quickly to ensure economic stability.
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.
The COVID-19 pandemic has put 18 million jobs at small businesses in the U.S. at risk – which could as much as quadruple the nation’s total unemployment rate. The effects of both the coronavirus and recent government relief programs were explored by a panel of Kenan Institute-convened experts during a press briefing held yesterday. The full recording of this briefing—along with a deeper-dive analysis on the specific implications of the financial downturn on small business employment by Kenan Institute Research Director Professor Christian Lundblad and UNC Kenan-Flagler Business School Professor Paige Ouimet—is available in this week’s Kenan Insight.
Chief Economist Gerald Cohen discusses why the uncertainty caused by the debt ceiling crisis is bad for the economy - regardless of how the situation ends.
...brings together leaders from business, academia, and government for a discussion on the value of strategic partnerships to propel innovation and growth in the region. The purpose is to harness the...
The SunTrust Foundation will give a nearly $1 million grant to NCGrowth, an affiliated center of the Frank Hawkins Kenan Institute of Private Enterprise, to help create new jobs and stimulate transformative development in three high-potential communities in the Carolinas. These business incubators will help startup companies hire local workers in an effort to address issues such as unemployment, underemployment, low wages and significant poverty.
On Thursday, March 28, about 250 private equity professionals gathered for the 12th annual Alternative Investments Conference, hosted by the Institute for Private Capital, to discuss portfolio positioning for the late-stage cycle environment.
COVID-19 first caused chaos in our labor markets with the lockdowns of 2020, which sent unemployment rates soaring to all-time highs. It has continued to disrupt labor markets into 2022 as worries about health risks have kept workers at home, exasperating labor shortages. Looking forward, as we learn to live with COVID, we will also have to adapt to the effects of long COVID, when symptoms such as fatigue, difficulty breathing and “brain fog” appear after COVID. In this commentary, I attempt to assess the risk to our labor markets from long COVID.
A panel recap from last month's Future of Digital Assets Symposium analyzed how fintech may be able to help create a more inclusive financial system.
Plastic is used in products across nearly every consumer goods sector, but plastic goods carry large negative external costs. Individuals may ask what power they have to create change, but history shows they can use their power as consumers.
In his Frontiers of Business keynote examining the use of artificial intelligence, MIT economist David Autor sees a future where AI extends the expertise of workers rather than replacing them.
We explore the effect of the interplay between a firm's external and internal actions on market value in the context of corporate social responsibility (CSR). Specifically, drawing from the neo-institutional theory, we distinguish between external and internal CSR actions and argue that they jointly contribute to the accumulation of intangible firm resources and are therefore associated with better market value.
We examine how the strategy field is defined in the literature and find that most conceptualizations focus on financial metrics as measures of performance and only provide guidance on the strategic management of a corporation’s economic context. We then review the externalities and corporate social responsibility literatures and find that environmental and social performance is examined either in isolation or by assuming a strong form of independence from financial performance.
As part of the 2020 Dean’s Speaker Series, UNC Kenan-Flagler Dean Doug Shackelford sat down virtually with Royal Caribbean Cruises EVP and Chief Financial Officer Jason Liberty.