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book: Negro Employment in Finance
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Negro Employment in Finance

A Study of Racial Policies in Banking and Insurance
  • and
  • With contributions by: and
Language: English
Published/Copyright: 2016

About this book

This volume investigates African-American employment in banking and insurance in the United States. The authors describe how these once almost all-white industries are now employing large numbers of African-American and what problems remain to be solved before equal employment opportunity can be fully attained. Appendices tell the story of African-American-owned banking and insurance companies and their status today.

Located in primarily urban areas, banks and insurance companies may soon be among the largest employers of African-Americans. The centralized personnel structure of banks gives them a significant advantage in employing African Americans, but the authors find that both banks and insurance companies have been slow to employ black managerial personnel.

This study is based upon individual reports first published in the Racial Policies of American Industry series. A final chapter compares and contrasts the situations in banking and insurance, paying particular attention to the reasons for varying progress in the two industries.

Founded in 1921 as a separate Wharton department, the Industrial Research Unit has a long record of publication and research in the labor market, productivity, union relations, and business report fields. Major Industrial Research Unit studies are published as research projects are completed. This volume is Study no. 47.

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  • Publicly Available

    Frontmatter

    I
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    Foreword

    V
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    CONTENTS

    VII
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    TABLE OF CONTENTS

    X
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    LIST OF TABLES

    XIV
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    List of Tables

    XVI
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    APPENDIX TABLES

    XVII
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    LIST OF FIGURES

    XVIII
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  • Part One. THE NEGRO IN THE BANKING INDUSTRY
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    CHAPTER I. Introduction

    1
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    CHAPTER II. Structure of the American Banking Industry

    2
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    CHAPTER III. Negro Employment Levels: National Data, 1940–1968

    22
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    CHAPTER IV. Analyzing the Factors Causing Differences Among Industries

    41
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    CHAPTER V. Variation in Negro Employment Within the Banking Industry

    67
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    CHAPTER VI. External Influences

    100
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    CHAPTER VII. Some Problems of Negro Employment

    124
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    CHAPTER VIII. Banking Activities in Support of Increased Negro Participation

    137
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    CHAPTER IX. Policy Statements

    156
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    CHAPTER X. Determinants of Industrial Policy

    162
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    Appendix A. SURVEY PARTICIPANTS

    171
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    Appendix B. NEGRO BANKING

    175
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    Appendix C. LEGISLATIVE AND REGULATORY HISTORY AFFECTING BANKS

    200
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    Index

    207
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    Frontmatter 2

    III
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    TABLE OF CONTENTS

    V
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    LIST OF TABLES

    VIII
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    APPENDIX TABLES

    X
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  • Part Two. THE NEGRO IN THE INSURANCE INDUSTRY
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    CHAPTER I. Introduction

    1
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    CHAPTER II. The Structure of the Insurance Industry

    5
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    CHAPTER III. Negro Employment Prior to 1967

    36
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    CHAPTER IV. Negro Employment in the Insurance Industry in 1967

    52
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    CHAPTER V. Factors Influencing Negro Employment in the Insurance Industry

    92
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    CHAPTER VI. Concluding Observations

    118
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    Appendix A. HISTORY OF NEGRO LIFE INSURANCE COMPANIES

    124
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    Appendix B. Basic Statistical Tables, 1964 and 1966

    130
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    Appendix C. Basic Statistical Tables, 1966, 1967

    147
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    Index

    177
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    Frontmatter 3

    I
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    TABLE OF CONTENTS

    III
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    LIST OF TABLES

    IV
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  • Part Three. CONCLUDING ANALYSIS
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    Concluding Analysis

    1
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    NATURE OF THE INDUSTRY

    2
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    NATURE OF THE WORK

    8
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    NATURE OF MANAGEMENT

    14
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    NATURE OF INDUSTRIAL ENVIRONMENT

    15
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    FINAL COMMENT

    18
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    Backmatter

    423
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
January 11, 2017
eBook ISBN:
9781512820003
Edition:
Reprint 2016
Pages and Images/Illustrations in book
Main content:
408
View content
https://doi.org/10.9783/9781512820003
eBook ISBN: 9781512820003
Keywords for this book
Economics; Business
Audience(s) for this book
For universities and colleges of further and higher education
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