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 "text": "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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  "name": "Wulf A. Kaal",
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 "citation": "Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378",
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 "abstract": "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",
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