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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Investment Behavior: Factors That Limit African Americans' Investment Behavior, Crystal Hudson, John Young, Sophia Anong, Elania Hudson, Edward Davis
Investment Behavior: Factors That Limit African Americans' Investment Behavior, Crystal Hudson, John Young, Sophia Anong, Elania Hudson, Edward Davis
Journal of Financial Therapy
This study investigated factors that are likely to limit African Americans’ investment activity in the stock market by triangulating data from the 2015 FINRA Financial Capacity Study and a Financial Behavior/Capacity survey that targeted African Americans. The financial survey revealed the top self-reported reasons these African Americans gave for not investing which were, “I don't understand how the stock market works”, “I don't make enough money” and “I don’t want to lose my money". Logistic regression results for the FINRA African American sample indicate that those with more financial knowledge, those who participated in financial education, and those who were …
The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton
The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton
Trotter Review
The small business sector in the United States has traditionally been viewed as a strong source of economic growth and prosperity, as entrepreneurship epitomizes the quintessential American fantasy of rugged individualism. Given the myths about larger-than-life entrepreneurial heroes, business development has historically been touted as a viable trajectory toward economic and social mobility for immigrant groups and marginalized people. Stories about "great" American businessmen such as John D. Rockefeller, Bill Gates, Steve Jobs among others, often highlight rags-to-riches myths about innumerable possibilities within American capitalism given diligence, fierce competition, and an uncompromising work ethic. The work values of small business …