Ethnicity →

The Color of Private Equity: Quantifying the Bias Black Investors Face

Prejudice persists in private equity, despite efforts to expand racial diversity in finance. Research by Josh Lerner sizes up the fundraising challenges and performance double standards that Black and Hispanic investors confront while trying to support other ventures—often minority-owned businesses.

Shrinking the Racial Wealth Gap, One Mortgage at a Time

If banks hire more minority loan officers, more people of color might tap into a crucial means of wealth building: buying a home. Research by Adi Sunderam comes on the heels of a real estate frenzy that has mostly benefited white Americans.

Diversity and Team Performance in a Kenyan Organization

A key question in organizations is whether there is an optimal balance between diversity and sameness within teams of workers. Findings from a field experiment within a nonprofit research organization based in Kenya suggest much of the tradeoff between diversity and sameness may come from the different effects diversity has along different dimensions of organizational structure. Diversity along the organization’s hierarchy improves both effort and performance.

Social Networks, Ethnicity, and Entrepreneurship

This research looks at why entrepreneurs from certain ethnicities cluster in particular industries, such as Vietnamese nail care salons.