Citation

Understanding African American Wealth Attainment: Implications for Leaders

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Abstract:

ABSTRACT
Research has shown that when compared to whites, African Americans have lower levels of wealth attainment. In addition to the lower levels of wealth attainment experienced by African Americans, there is also a significant difference in the ways in which African Americans accumulate wealth. This research examines the relationship between factors that contribute to wealth attainment in African Americans, their perceptions of wealth, and the possible relationships among their perceptions, attributions, and wealth attainment. Eliminating wealth disparities within the African American community is a major goal of those seeking justice-based reforms. If community, spiritual and business leaders are to design and implement successful innovations for African American wealth attainment, they must seek to understand how this population perceives wealth, and how these perceptions influence their attributions and actual attainment patterns.
Logistic regression was used to analyze data to determine whether there are differences in the predictors of wealth attainment for African Americans, and whether certain beliefs about wealth mediate this relationship. Empirical findings of this study indicate that the only significant relationship was between educational attainment and wealth attainment (owning property/land). Qualitative data from focus groups indicated that family and educational institutions such as colleges and universities were factors that primarily influenced African Americans’ beliefs and actual wealth attainment.
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Association:
Name: 95th Annual Convention
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http://www.asalh.org


Citation:
URL: http://citation.allacademic.com/meta/p436444_index.html
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MLA Citation:

Johnson, Andrea. "Understanding African American Wealth Attainment: Implications for Leaders" Paper presented at the annual meeting of the 95th Annual Convention, Raleigh Convention Center, Raleigh, North Carolina, Sep 29, 2010 <Not Available>. 2014-11-27 <http://citation.allacademic.com/meta/p436444_index.html>

APA Citation:

Johnson, A. N. , 2010-09-29 "Understanding African American Wealth Attainment: Implications for Leaders" Paper presented at the annual meeting of the 95th Annual Convention, Raleigh Convention Center, Raleigh, North Carolina <Not Available>. 2014-11-27 from http://citation.allacademic.com/meta/p436444_index.html

Publication Type: Individual Paper
Review Method: Peer Reviewed
Abstract: ABSTRACT
Research has shown that when compared to whites, African Americans have lower levels of wealth attainment. In addition to the lower levels of wealth attainment experienced by African Americans, there is also a significant difference in the ways in which African Americans accumulate wealth. This research examines the relationship between factors that contribute to wealth attainment in African Americans, their perceptions of wealth, and the possible relationships among their perceptions, attributions, and wealth attainment. Eliminating wealth disparities within the African American community is a major goal of those seeking justice-based reforms. If community, spiritual and business leaders are to design and implement successful innovations for African American wealth attainment, they must seek to understand how this population perceives wealth, and how these perceptions influence their attributions and actual attainment patterns.
Logistic regression was used to analyze data to determine whether there are differences in the predictors of wealth attainment for African Americans, and whether certain beliefs about wealth mediate this relationship. Empirical findings of this study indicate that the only significant relationship was between educational attainment and wealth attainment (owning property/land). Qualitative data from focus groups indicated that family and educational institutions such as colleges and universities were factors that primarily influenced African Americans’ beliefs and actual wealth attainment.


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African Americans’ and White Americans’ Understanding of the Relationship between Religion and Health Behaviors


 
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