Visiting Harris Teachers Discuss the Risk for Businesses if They Do Not Address Racial Inequality

John Oxtoby and Leah Yablonka, employees at Ariel Investments who have been teaching a non-credit mini-course at Harris on Environmental, Social, & Governance and Impact Investing this quarter, were featured in the Chicago Booth Review discussing how economic inequality—particularly the wealth gap between Black and white Americans—poses a major threat to US corporations.

"Bolstered by the events of 2020, there is increasing momentum in the investor community to emphasize the management of diversity-related risks and opportunities as a business imperative. Investors, as well as corporate leaders, need to understand that the risks presented by the racial wealth gap affect companies in both systemic and acute ways."

Full coverage in the Chicago Booth Review.