UNC Kenan-Flagler Blogs

Monthly Archives: October 2010

Did hedge funds cause the economic crash? Some say yes. Research says no.

With the fall 2008 economic crisis, word on the street and in congressional chambers placed a good share of the blame at the feet of hedge funds — specifically, short-selling practices by fund managers and forced deleveraging by lenders. These accusations prompted calls for greater transparency and heavier regulation of these huge multibillion dollar funds. However, without objective data, legislators could either under- or overregulate certain players in the market while missing opportunities to make substantive changes where they may be needed more. Before we create new regulations targeting hedge funds, said professor Gregory Brown, Sarah Graham Kenan Distinguished Scholar and finance professor at UNC’s Kenan-Flagler Business School, we need to know if short selling and deleveraging were part of Read More

Taming the logistical dragon

Dr. Noel P. Greis, an expert in global logistics and supply chain management, has seen first-hand the opportunities and challenges faced by Western companies in China. She has helped a variety of companies and organizations to understand aspects of doing business in China, including its culture, infrastructure, regulatory environment and approach to business processes. Greis is director of the Center for Logistics and Digital Strategy at the Frank Hawkins Kenan Institute of Private Enterprise at UNC Kenan-Flagler. She also is co-director of the UNC-Tsinghua Center for Logistics and Enterprise Development in Beijing. In this post, she shares her views on the obstacles and prospects for companies looking to tap into the economic engine of “The Middle Kingdom.” China can be Read More

Don’t make the mistake of short-changing the hiring process

Hiring great people is one of the most important things you do as a leader/manager.  It is impossible to spend too much time on this.  I am personally interested in this issue because, in a service organization like a business school, the quality of people the organization attracts contributes in a very significant way to overall organizational performance. Despite the importance of this task, the hiring process can get short-changed by managers grappling with more pressing daily tasks. Sometimes this is because the absence of a person in the role is felt so keenly that managers rush to fill the open position with anyone who looks as if they might work out.  Other times it is because hiring managers—especially during Read More