America's Largest Black-Owned Companies

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  • America's Largest Black-Owned Companies Book Detail

  • Author : Matthew C Sonfield
  • Release Date : 2009
  • Publisher :
  • Genre :
  • Pages : 0
  • ISBN 13 :
  • File Size : 44,44 MB

America's Largest Black-Owned Companies by Matthew C Sonfield PDF Summary

Book Description: 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).

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