Suchergebnisse

This volume isolates the cause of continuing disparities not only between blacks and whites, but amongst blacks as well. Key factors discussed include the current state of the economy the influence of public policies, the persistence of urban poverty, economic opportunities, changes in family and social structure and equal opportunities. The city of Atlanta is used as a case study focusing on the emergence of the new black entrepreneur, with data on black businesses drawn from records of almost 1000 black owned firms

Black-owned corporations are only 3 percent of all black-owned businesses in the nation, but account for almost half of all revenue and employment of these businesses. Even though their rate of growth greatly exceeds that of proprietorships and partnerships, very little is known about the characteristics of black-owned corporations. The Survey of Minority-Owned Business Enterprises (SMOBE) is published every five years by the Department of Commerce and is the most comprehensive source of information on black-owned businesses. Yet, most researchers fail to realize that this survey does not include all corporations in its survey universe, but only 1120 S corporations. This study uses primary data collected on 722 of the most successful black-owned businesses in the Atlanta metropolitan area. We analyze the characteristics of black-owned corporations and the human capital attributes of their owners, and we comment on the SMOBE undercount of 1120 subchapter C corporations. We find that in Atlanta, not only do black-owned subchapter C corporations greatly outnumber S corporations, but they also have a much greater financial capacity.