This session delves into three critical aspects of smaller/regional funds. First, is their role in increasing diversity among both capital allocators and entrepreneurs who receive funding. Second, is how pooling capital in diversified vehicles that can invest locally can promote investment by larger VCs/investors. Third, is how regional funds can bridge the divides in communities that lack robust VC ecosystems.
Leaders play a critical role in creating the ethics agenda in organizations. Their communications, decisions, and behaviors influence employees to act ethically or unethically to accomplish organizational goals. To be sure, various reviews within the behavioral ethics literature have highlighted the crucial role that ethical leadership plays in gearing organizations and employees ethically. Yet, numerous documented ethical failings in organizations have evidenced the impact of unethical leadership—where leaders’ unethical conduct or influence on employees promotes unethicality within organizations and generates harmful consequences.
The popular podcast featured research conducted by Professor Andra Ghent and her colleagues on the work-at-home technology boom and its consequences.
Private equity continues to grow as a major investment vehicle in the US and globally. The 10th annual PERC Conference will build on its legacy as a leading research symposium in the ever-expanding field of private equity.
Kenan Institute Executive Director and Institute for Private Capital Research Director Greg Brown gets the last word in this Bloomberg Businessweek article on the ubiquity of private equity.
Maryann Feldman, the S.K. Heninger Distinguished Professor in the UNC Department of Public Policy and faculty director of Kenan Institute affiliated center CREATE, testified before the House Subcommittee on Research and Technology on Wednesday.
In the institute's April 4 briefing, Research Director Camelia Kuhnen dissected consumer confidence and sentiment data with an emphasis on growing pessimism among young people and answered questions on potential economic effects of new tariffs.
Despite decades of research on how, why, and when companies manage earnings, there is a paucity of evidence about the geographic location of earnings management within multinational firms. In this study, we examine where companies manage earnings using a sample of 2,067 U.S. multinational firms from 1994 to 2009. We predict and find that firms with extensive foreign operations in weak rule of law countries have more foreign earnings management than companies with subsidiaries in locations where the rule of law is strong. We also find some evidence that profitable firms with extensive tax haven subsidiaries manage earnings more than other firms and that the earnings management is concentrated in foreign income. Apart from these results, we find that most earnings management takes place in domestic income, not foreign income.
Hydrocarbon derived from fast pyrolysis of plantation wood is a potential feedstock for the production of transportation fuels. Unfortunately, the cost to produce and upgrade this feedstock is highly uncertain, and its current technological state is not competitive with crude oil. Additional R&D will be needed to achieve the significant cost reductions required for competitiveness. Significant technical hurdles must be overcome to achieve a commercially ready, cost competitive technology. This paper identifies the most promising areas for the needed future research.
Wall Street Journal Pro columnist Luis Garcia highlighted the newly announced Private Equity Research Consortium and Burgiss data partnership and how it will reshape the debate surrounding private equity.
We examined factors that influence an individual's attitude and decisions about the information handling practices of corporations. Results from a survey of 425 consumers suggested that the hypothesized model was an accurate reflection of factors that affect privacy preferences of consumers. The results provide important implications for research and practice.
Over the past decade, a number of empirical studies and analytical models have contributed to our understanding of brand and innovation management. Although branding and innovation are both popular and fruitful areas of academic research, we suggest a more expansive discussion to consider the interrelationship between the two in greater detail.
This paper investigates how institutions impact tie formation, arguing that institutions can direct firm strategies towards exploration or towards exploitation.
The objective of this article is to promote discussions and educational efforts among Ph.D. students, scholars, referees, and editors in strategic management regarding the repeatability and cumulativeness of our statistical research knowledge.
A replication study assesses whether the results of a particular prior study can be reproduced, including in new contexts with different data. Replication studies are critical for building a cumulative body of research knowledge.
Research on strategic momentum considers how experience with innovation affects firms’ subsequent innovativeness. Traditionally the momentum literature has emphasized arguments for an accelerating effect of innovation experience, but recent critiques and contrasting empirical results suggest ambiguity regarding how experience with innovation affects subsequent innovative activity.
Stanford Institute for Economic Policy Research (SIEPR) Policy Fellow - and former Chief Economist of General Motors - Elaine Buckberg outlines how electric vehicles can save the economy as well as the environment.
Christian Lundblad, Kenan Institute Director of Research, joined WRAL's Debra Morgan to discuss the state's uneven economic recovery due to employee fear of being exposed to coronavirus. He suggests business vaccine mandates will help get folks back to work.
I provide big picture comments on the review of the banking literature in accounting by Beatty and Liao (2014). Beatty and Liao (2014) does a service to the accounting field by providing an intelligent, well organized and accessible point of entry to banking research in accounting.
We use a shock to the public scrutiny of firm subsidiary locations to investigate whether that scrutiny leads to changes in firms’ disclosure and corporate tax avoidance behavior. ActionAid International, a non-profit activist group, levied public pressure on noncompliant U.K. firms in the FTSE 100 to comply with a rule requiring U.K. firms to disclose the location of all of their subsidiaries.