America's Largest Black-Owned Companies

America's Largest Black-Owned Companies
Author: Matthew C Sonfield
Publisher:
Total Pages: 0
Release: 2009
Genre:
ISBN:

Longitudinal data on the largest black-ownedcompanies in the United States are used toexplore factors related toAfrican American business success and failure. Drawn primarily from an analysisof business listings appearing in the magazine Black Enterprise between1974 and 2004, these data identify major factors in the success and failure ofthese companies. Changes within various industry sectors are explored, including activitieswithin those sectors to develop black-owned businesses. Most of the successfulblack-owned companies in this period participated ineither governmentalor private-sector programs targeting minority-owned businesses. Also, many ofthe most successful black-owned businesses have chosen to be acquired bymainstream companies, thus losing their "black-owned" status.(CBS).

History of Black Business

History of Black Business
Author: Martin K. Hunt
Publisher: Knowledge Express Company Incorporated
Total Pages: 270
Release: 1998
Genre: Business & Economics
ISBN: 9780966522105

America Becoming

America Becoming
Author: National Research Council
Publisher: National Academies Press
Total Pages: 523
Release: 2001-01-25
Genre: Social Science
ISBN: 0309172489

The 20th Century has been marked by enormous change in terms of how we define race. In large part, we have thrown out the antiquated notions of the 1800s, giving way to a more realistic, sociocultural view of the world. The United States is, perhaps more than any other industrialized country, distinguished by the size and diversity of its racial and ethnic minority populations. Current trends promise that these features will endure. Fifty years from now, there will most likely be no single majority group in the United States. How will we fare as a nation when race-based issues such as immigration, job opportunities, and affirmative action are already so contentious today? In America Becoming, leading scholars and commentators explore past and current trends among African Americans, Hispanics, Asian Americans, and Native Americans in the context of a white majority. This volume presents the most up-to-date findings and analysis on racial and social dynamics, with recommendations for ongoing research. It examines compelling issues in the field of race relations, including: Race and ethnicity in criminal justice. Demographic and social trends for Hispanics, Asian Americans, and Native Americans. Trends in minority-owned businesses. Wealth, welfare, and racial stratification. Residential segregation and the meaning of "neighborhood." Disparities in educational test scores among races and ethnicities. Health and development for minority children, adolescents, and adults. Race and ethnicity in the labor market, including the role of minorities in America's military. Immigration and the dynamics of race and ethnicity. The changing meaning of race. Changing racial attitudes. This collection of papers, compiled and edited by distinguished leaders in the behavioral and social sciences, represents the most current literature in the field. Volume 1 covers demographic trends, immigration, racial attitudes, and the geography of opportunity. Volume 2 deals with the criminal justice system, the labor market, welfare, and health trends, Both books will be of great interest to educators, scholars, researchers, students, social scientists, and policymakers.

Black Wall Street

Black Wall Street
Author: Hannibal B Johnson
Publisher: Eakin Press
Total Pages: 316
Release: 2021-06
Genre:
ISBN: 9781681792187

Early in the twentieth century, the black community in Tulsa- the "Greenwood District"- became a nationally renowned entrepreneurial center. Frequently referred to as "The Black Wall Street of America," the Greenwood District attracted pioneers from all over America who sought new opportunities and fresh challenges. Legal segregation forced blacks to do business among themselves. The Greenwood district prospered as dollars circulated within the black community. But fear and jealousy swelled in the greater Tulsa community. The alleged assault of a white woman by a black man triggered unprecedented civil unrest. The worst riot in American history, the Tulsa Race Riot of 1921 destroyed people, property, hopes, and dreams. Hundreds of people died or were injured. Property damage ran into the millions. The Greenwood District burned to the ground. Ever courageous, the Greenwood District pioneers rebuilt and better than ever. By 1942, some 242 businesses called the Greenwood district home. Having experienced decline in the '60s, '70s, and early '80s, the area is now poised for yet another renaissance. Black Wall Street speaks to the triumph of the human spirit.

Black Enterprise Titans of The B.E. 100s

Black Enterprise Titans of The B.E. 100s
Author: Derek T. Dingle
Publisher: John Wiley & Sons
Total Pages: 258
Release: 1999-04-26
Genre: Business & Economics
ISBN: 9780471318538

"Money has no color. If you can build a better mousetrap, it won't matter whether you're black or white. People will buy it." —A. G. Gaston Black Enterprise's 1992 Entrepreneur of the Century. For more than 25 years, Black Enterprise, the premier African American business magazine, has ranked and chronicled the B.E. 100s—its exclusive listing of the nation's top-grossing, black-owned businesses. Generating more than $14 billion in annual revenue and employing more than 55,000 people, these companies represent a vibrant and often overlooked segment of the American economy. Their CEOs, among the wealthiest and most powerful players in the black business community, have been the vanguard of an entrepreneurial revolution. They achieved greatness despite a lack of capital, diminished access, and even outright racism, using their imagination and drive to seize opportunities and break through barriers. First in the new Black Enterprise series, Titans of the B.E. 100s profiles eleven of these remarkable leaders of the largest black-owned businesses. Covering a broad cross-section of companies and industries, this compelling book features both today's emerging entrepreneurs and the established CEOs, revealing the secrets of how they beat the odds and the hard truths about the myriad challenges they've faced. No other book brings together so many contemporary black business success stories. Through in-depth, first-person interviews, you'll meet the titans who started their companies from the ground up and were relentless in doing so; who filled a void in the consumer market and, in turn, revolutionized whole industries; and who love the companies that they run and are energized by new ventures. Each chapter profiles a different business legend: From John H. Johnson, founder of Ebony and Jet magazines; to Herman J. Russell, who used $125 to create the nation's largest black-owned construction firm; to Emma C. Chappell, the People's Banker, who launched the United Bank of Philadelphia; to Robert L. Johnson, who created Black Entertainment Television and then transformed BET Holdings, Inc. from a single cable network to an entertainment monolith that became the first black-owned business listed on the New York Stock Exchange. Inspiring and motivating, Titans of the B.E. 100s will introduce you to an incredible group of men and women who made a profound impact upon global business, symbolizing a spectacular realization of the American Dream. Praise for TITANS OF the B.E. 100s. "Titans of the B.E. 100s challenges the vintage profile of the entrepreneur by showcasing the impressive and dynamic careers of African American executives who surmounted social, economic, and political barriers to gain their deserved place in today's world of the business elite."—Kweisi Mfume, President and CEO, NAACP. "Titans of the B.E. 100s aptly documents the achievements of African American entrepreneurs who embody the legacy of the twentieth century and the hope of the twenty-first century. The principles espoused by these esteemed business leaders are essential to the future of the civil rights movement as we prepare our children for self-reliance and our adults for economic self-sufficiency in the next century.—Hugh B. Price, President, National Urban League. The intriguing profiles in this book tell the stories of a group of people who started with nothing and went straight to the top, overcoming obstacles with tenacity, ingenuity, and sheer bravery: Don H. Barden Emma C. Chappell Mel Farr Sr. Charles H. James III John H. Johnson Robert L. Johnson Byron E. Lewis Herman J. Russell Russell Simmons Clarence O. Smith Percy E. Sutton.

The Color of Money

The Color of Money
Author: Mehrsa Baradaran
Publisher: Harvard University Press
Total Pages: 382
Release: 2017-09-14
Genre: Business & Economics
ISBN: 0674982304

“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives

Our Black Year

Our Black Year
Author: Maggie Anderson
Publisher: Hachette UK
Total Pages: 320
Release: 2012-02-14
Genre: Business & Economics
ISBN: 1610390253

Maggie and John Anderson were successful African American professionals raising two daughters in a tony suburb of Chicago. But they felt uneasy over their good fortune. Most African Americans live in economically starved neighborhoods. Black wealth is about one tenth of white wealth, and black businesses lag behind businesses of all other racial groups in every measure of success. One problem is that black consumers -- unlike consumers of other ethnicities -- choose not to support black-owned businesses. At the same time, most of the businesses in their communities are owned by outsiders. On January 1, 2009 the Andersons embarked on a year-long public pledge to "buy black." They thought that by taking a stand, the black community would be mobilized to exert its economic might. They thought that by exposing the issues, Americans of all races would see that economically empowering black neighborhoods benefits society as a whole. Instead, blacks refused to support their own, and others condemned their experiment. Drawing on economic research and social history as well as her personal story, Maggie Anderson shows why the black economy continues to suffer and issues a call to action to all of us to do our part to reverse this trend.

In the Black

In the Black
Author: Gregory S. Bell
Publisher: John Wiley & Sons
Total Pages: 314
Release: 2002-10-01
Genre: Business & Economics
ISBN: 047121485X

The never-before-told story of five decades of African Americans onWall Street Here, for the first time, is the fascinating history of the AfricanAmerican experience on Wall Street as told by Gregory Bell, the sonof the man who founded the first black-owned member firm of the NewYork Stock Exchange. A successful finance professional in his ownright with close ties to leading figures in both the blackfinancial and civil rights communities, Bell tells the stories ofthe pioneers who broke down the ancient social and politicalbarriers to African American participation in the nation sfinancial industry. With the help of profiles of many importantblack leaders of the past fifty years including everyone from JesseJackson and Maynard Jackson, former mayor of Atlanta, to E. StanleyO Neal, COO and President of Merrill Lynch, and Russell Goings,founder of First Harlem Securities and cofounder of First HarlemSecurities he shows how in the years following World War II thegrowing social, political, and financial powers of AfricanAmericans converged on Wall Street. Set to publish during BlackHistory Month, In the Black will be warmly received by AfricanAmerican business readers and general readers alike.

The History of Black Business in America

The History of Black Business in America
Author: Juliet E. K. Walker
Publisher: UNC Press Books
Total Pages: 433
Release: 2009
Genre: Business & Economics
ISBN: 0807832413

In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.

Encyclopedia of African American Business [2 volumes]

Encyclopedia of African American Business [2 volumes]
Author: Jessie Smith
Publisher: Bloomsbury Publishing USA
Total Pages: 1127
Release: 2017-11-27
Genre: Social Science
ISBN: 1440850283

This two-volume set showcases the achievements of African American entrepreneurs and the various businesses that they founded, developed, or promote as well as the accomplishments of many African American leaders—both those whose work is well-known and other achievers who have been neglected in history. Nearly everyone is familiar with New York City's Wall Street, a financial center of the world, but much fewer individuals know about the black Wall Streets in Durham and Tulsa, where prominent examples of successful African American leaders emerged. Encyclopedia of African American Business: Updated and Revised Edition tells the fascinating story that is the history of African American business, providing readers with an inspiring image of the economic power of black people throughout their existence in the United States. It continues the historical account of developments in the African American business community and its leaders, describing the period from 18th-century America to the present day. The book describes current business leaders, opens a fuller and deeper insight into the topics chosen, and includes numerous statistical tables within the text and in a separate section at the back of the book. The encyclopedia is arranged under three broad headings: Entry List, Topical Entry List, and Africa American Business Leaders by Occupation. This arrangement introduces readers to the contents of the work and enables them to easily find information about specific individuals, topics, or occupations. The book will appeal to students from high school through graduate school as well as researchers, library directors, business enterprises, and anyone interested in biographical information on African Americas who are business leaders will benefit from the work.