We investigate claims that the complexity of the tax system discourages entrepreneurship. We use the implementation of tax filing assistance centers, which help entrepreneurs file their taxes, as sources of plausibly exogenous variation in the tax complexity effectively facing potential entrepreneurs.
UNC Kenan-Flagler Business School's Kenan Institute of Private Enterprise will launch the Luther Hodges Scholars program in fall 2023, thanks to a naming gift from Carolina alumnus Luther Hodges.
UNC Kenan-Flagler Assistant Professor Tim Kundro fields questions concerning how managers and firms can best foster a healthy working environment.
Crowdsourcing as a mechanism of open innovation is a popular way for organizations to solicit ideas from external agents. Our research focuses on the relationship between examples in problem statements provided to a crowd and the subsequent number of ideas submitted by the crowd.
Theories of crowdsourced search suggest that firms should limit the search space from which solutions to the problem may be drawn by constraining the problem definition. In turn, problems that are not or cannot be constrained should be tackled through other means of innovation. We propose that unconstrained problems can be crowdsourced, but firms need to govern the crowds differently.
Entrepreneurs making decisions under uncertainty are encouraged to evaluate their initial ideas through hypothesis testing, but entrepreneurial approaches vary in their emphasis on ex-ante theory development prior to collecting evidence. In this paper, we examine whether and how entrepreneurs benefit from adopting an evidence-based approach or a theory-and-evidence-based approach to decision-making.
Acquisitions are notoriously difficult to execute successfully. Poor implementation of the post-acquisition integration process is a major source of acquisition value destruction. To surface new solutions for this vexing problem, we leverage the emerging triadic view of M&A activities, which emphasizes the interconnectedness between sellers, acquirers, and the units that are transferred between them.
Increased consumer demand for healthier product options and looming regulation have prompted many consumer goods brands to adjust the amount of sugar content in their product lines, including adding products with reduced sugar content or smaller package sizes. Even as brands adopt such practices, little guidance exists for how they should do so to protect or enhance their brand performance. This paper studies whether and when sugar reduction strategies affect sales.
UNC Kenan-Flagler Business School Professor Chris Bingham talked to CNN about his research on "boomerang CEOs" after Bob Iger took back the helm at The Walt Disney Co., saying such a move can signal a lack of innovation.
Stephen Arbogast, Director of the Energy Center at the Kenan-Flagler Business School, offers an in-depth explanation of supply dynamics in global energy markets--and why oil and gas prices have been so chaotic.
Zach Clayton of Three Ships and Bill George of Harvard Business School, co-authors of the book “True North: Emerging Leader Edition,” talk about the challenges and benefits of stakeholder capitalism for companies and their leaders.