Leigh, a Kenan Institute Distinguished Fellow, will discuss the influence that societal events which occur outside of organizations have on employees when they enter the workplace and on individuals in society more broadly.
We investigate whether firms and their top executives bear reputational costs from engaging in aggressive tax avoidance activities. Prior literature has posited that reputational costs partially explain why so many firms apparently forgo the benefits of tax avoidance, the so-called “under-sheltering puzzle.” We employ a database of 118 firms that were subject to public scrutiny for having engaged in tax shelters, representing the largest sample of publicly identified corporate tax shelters analyzed to date.
On Feb. 8, 2019, the Kenan Scholars traveled to Raleigh to meet with government leaders and administrators for their annual North Carolina Capital Trek.
Fifth Third Bank and the Kenan Institute of Private Enterprise at UNC Kenan-Flagler Business School have launched Empowering American Cities, a program that delivers local economic information tailored for business leaders looking to grow their operations.
While economists have long theorized that wealthier individuals may purchase less life and property insurance because they can rely on their savings if something unexpected happens, a new study of more than 63,000 people shows that, in practice, quite the opposite is true. This week’s Kenan Insight offers a chance for our experts to explore the findings of their new study, which suggest disparities in insurance coverage could help explain and exacerbate existing financial inequalities.
This week, Public Policy Professor Maryann Feldman and Kenan Institute board member Christy Shaffer visited the Kenan Scholars to discuss business prosperity among regions.
As organizations face constant pressures to respond to changing situations and emergent demands, team members are frequently called upon to change their processes and routines and adapt to new ways of working together.
The Frontiers of Business: Building Business Resilience conference capped our 2024 Grand Challenge with stimulating discussions on what business resilience looks like in a world of rapid change. Here are three lessons we heard.
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.
Abstract In this study, we address an important issue largely ignored in existing diffusion research—the simultaneous diffusion of related (here, complementary) products across multiple interacting countries. In doing so, we...
Kenan Institute Distinguished Fellow Angelica Leigh, assistant professor of management and organizations at Duke University Fuqua School of Business, explored the effect of societal events, or “mega-threats,” on employees and employers in a talk Sept. 20.
Negotiations are inherently dyadic. Negotiators’ individual-level characteristics may not only make them perform better or worse in general, but also may make them particularly well- or poorly-suited to negotiate with a particular counterpart.
Traditional models of operations management involve dynamic decision-making assuming optimal (Bayesian) updating. However, behavioral theory suggests that individuals exhibit bias in their beliefs and decisions. We conduct both a field study and two laboratory studies to examine the phenomena in the context of health. In particular, we examine how an individual’s prior experiences and the experiences of those around them alter the operational decisions that the individual makes.
The spread between 10-year and 3-month Treasuries – my favorite economic indicator – remains strongly in positive territory, suggesting a recession is not in the cards soon. This indicator has predicted all recessions since the mid-1960s, with a lead time of roughly one year, though the timing is inexact. The 10-year/2-year spread, which briefly inverted recently, is less reliable.
The goal of this paper is to conduct a survival analysis to determine the causal impact of federal R&D subsidies on firms’ long-term survival.
The debate surrounding returns of private equity vs. public markets continues with a recent paper by AQR. What do the latest data tell us?
Fifteen students from Kenan-Flagler Business School have been selected as members of the third class of undergraduate Kenan Scholars. The two-and-half-year program, sponsored by the Frank Hawkins Kenan Institute of Private Enterprise, brings together business school majors and minors who have exhibited outstanding leadership on campus and in the community.
How leaders can recast innovation's toughest trade-offs—efficiency vs. flexibility, consistency vs. change, product vs purpose—as productive tensions.
We conduct an experiment designed to understand how social preferences affect investment decisions by observing subjects’ stock allocations and probability assessments. Key to the design is that subjects’ investment outcomes are treated by neutral, negative or positive payoff externalities on social causes. Our findings of asymmetric responses in probability perceptions and allocations suggest negative, but not positive, responsible investment (RI) externalities have significant effects.
To scale service operations requires sharing knowledge across the organization. However, prior work highlights that individuals on the periphery of organizational knowledge sharing networks may struggle to access useful knowledge at work. A knowledge repository (KR) has the potential to help peripheral individuals gain access to valuable knowledge because it is universally available and can be used without social interaction.