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Kenan Institute 2022 Annual Theme: Stakeholder Capitalism
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Market-Based Solutions to Vital Economic Issues

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Why do firms offer non-wage compensation instead of the equivalent amount in financial compensation? We argue that firms use nonwage benefits, specifically female-friendly benefits, such as maternity leave, to increase gender diversity by efficiently attracting women.

Stakeholder Capitalism

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.

Mark Little, executive director of the Kenan Institute-affiliated center CREATE, provided expert testimony in a process that resulted in a May 11 settlement agreement regarding contracting and hiring practices for Dominion Energy’s $9.8 billion Coastal Virginia Offshore Wind renewable energy project.

Kenan Scholars Director Kim Allen is among the winners of UNC’s annual Diversity Awards, presented to individuals and groups who have given their time and effort to further diversity, equity and inclusion at the university and in its surrounding community.

Firms continue to strive for greater representation on corporate boards. One California law, attempting to mandate such greater representation, has encountered a recent setback. Two experts discuss obstacles to more diverse corporate leadership and offer approaches for surmounting them.

Remote work seems likely to continue in a post-pandemic world, if employees have their say. In this week's insight, our experts highlight how businesses can rethink workspaces and better engage and involve employees in the office and those working from home.

CREATE, an economic development center at the institute, worked with civic and business leaders in Rocky Mount last summer to plan a Black Business Matters District downtown in an effort to address the racial wealth gap in the area. Executive Director Mark Little will join CREATE’s Rocky Mount partners on a panel at 9 a.m. on Thursday, March 24 to share their work as part of Carolina’s Engagement Week.

The Institute for Private Capital’s newly-released interactive model that aims to help private equity leaders assess diversity, equity and inclusion (DEI) goals was featured in a report by Ernst & Young.

While the COVID-19 pandemic was devastating for many, research shows its impact was not felt equally. Black Americans experienced disproportionate health and economic ramifications, which compounded the financial, social and psychological strain many felt pre-pandemic, and have contributed to growing inter-generational wealth disparities. In today’s Kenan Insight, our experts explore whether the multi-trillion dollar “Build Back Better” plan proposed by the Biden administration holds the potential to begin closing pervasive gaps in American society.

Lowe’s CEO Marvin Ellision shared the company's approach to diversity, equity and inclusion following this past summer’s social unrest. In this conversation-style format, Mr. Ellison gave a brief overview of Lowe’s anti-racism statement and reviewed specific actions the company has taken to combat racism and inequality. He shared insights on his hands-on leadership approach and how it impacts his relationships with employees and his success at Lowe’s.

A recent TechCrunch article describes the new collaboration between the Kenan Institute-affiliated Entrepreneurship Center, Duke University, Stanford University and others to grow and support founder diversity in the tech industry.

Black Communities Conference 2021 will be a vibrant, virtual gathering featuring roundtable discussions, collaborative sessions, films, book talks and more. Our core mission is to foster collaboration among Black communities and universities for the purpose of enhancing Black community life and furthering the understanding of Black communities.