Promoted minorities do not necessarily use their new position to promote other minorities; in the existing American corporate structure they often have incentives to race to the top while lifting the ladder behind them.
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Moreover, if minorities are promoted, they don't necessarily use their new position to promote other minorities. In other words, in the existing corporate structure in American, minorities often have incentives to race to the top lifting the ladder behind them.62
Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378
Holds when
existing individualistic and aggressive American corporate culture
Classification
mechanismsupport: arguedrisk-and-incentives
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