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Market-Based Solutions to Vital Economic Issues

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Market-Based Solutions to Vital Economic Issues

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More than ever, businesses are tasked with pleasing both shareholders and stakeholders, including employees, customers and even communities. But can it be done? In this week's Kenan Insight, our experts explore the most successful strategies employed by a class of businesses that have been navigating this debate for generations: family firms.

As long-standing leaders in sustainability, the Center for Sustainable Enterprise and the Kenan Institute of Private Enterprise are proud to host the University of North Carolina Sustainability Awards. These awards recognize the leadership of North Carolina Business in protecting and promoting the state’s natural resources.

Major strides have been taken in recent years to push toward more sustainable investing practices, yet it remains to be seen if such initiatives are actually meeting their goals. In this Kenan Insight, we look at the challenges of both implementing and measuring the effectiveness of social entrepreneurship and impact investing.

This study examines the importance of social perception of corporate social responsibility (CSR) and irresponsibility (CSI). Drawing from social psychology literature on stereotypes, we argue that two fundamental dimensions of social perception—warmth and competence—help explain the underlying processes and conditions under which CSR leads to specific outcomes.

Please join us for an exclusive conversation with Procter & Gamble Chairman of the Board, President and CEO David Taylor on Wednesday, Oct. 9 from 5–6 p.m. The event takes place in the Kenan Center Dining Room and is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.

While policies encouraging diffusion of new technologies provide incentives for adopting the focal good, they typically ignore the ecosystem of complementary goods and services. Based on existing literature on indirect network effects, we argue that when there is less availability of complementary goods, policies have a smaller impact on diffusion.