Our Stakeholder Capitalism Grand Challenge Final Report, written by Executive Director Greg Brown and Chief Economist Gerald Cohen, has been published in the Spring 2023 issue of the Journal of Applied Corporate Finance.
Throughout 2022, the Kenan Institute at UNC-Chapel Hill explored how ESG factors enter into and play a role in the decisions of corporate managers and investors. We have framed this analysis within the broader notion of “stakeholder capitalism,” a model in which business decisions reflect explicit consideration of their expected impact on a broader set of corporate stakeholders.
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.
CEO pay is the latest point of contention in the political fight over ESG, but the arguments have become oversimplified. When we think about good corporate governance, what does the evidence say about CEO pay? The results may surprise you.
Students from UNC Kenan-Flagler Business School, in partnership with UNC's Program for Public Discourse, will gather to address the opportunities and risks of an environmental, social and corporate governance (ESG)-centered approach to financial decision-making.
Our 2023 Frontiers of Business Conference will convene top researchers, corporate executives and policy leaders working around the globe to navigate the balance of corporate value and values. Join us as our experts share objective, evidence-based solutions for implementing stakeholder capitalism and ESG frameworks more broadly.
For our 2022 grand challenge, the Kenan Institute made the ambitious commitment to explore stakeholder capitalism and ESG investing – complex topics that have required the engagement of our global network of experts to unpack.
Executive Director Greg Brown offers a simple model for prioritizing ESG issues at smaller PE-backed companies, given that the trade-offs between benefits and costs of implementation are more likely to limit the scope of their policies.
UNC Kenan-Flagler Business School Clinical Associate Professor of Finance Arzu Ozoguz discusses the SEC's anticipated new rules around sustainability.
We Are All Human founder Claudia Romo Edelman talks with the Kenan Institute about why diversity matters for both employers and employees, and how Hispanic workers in particular are navigating their relationship to the workforce after the pandemic.