Hedged out : the reproduction of elite structures in finance

Simple item page
dc.contributor.advisorWilliams, Christine L., 1959-
dc.contributor.committeeMemberGalbraith, James
dc.contributor.committeeMemberGlass, Jennifer
dc.contributor.committeeMemberLin, Ken-Hou
dc.contributor.committeeMemberRudrappa, Sharmila
dc.creatorNeely, Megan Tobias
dc.creator.orcid0000-0001-5866-8255
dc.date.accessioned2019-09-04T17:13:05Z
dc.date.available2019-09-04T17:13:05Z
dc.date.created2017-05
dc.date.issued2017-05-05
dc.date.submittedMay 2017
dc.date.updated2019-09-04T17:13:06Z
dc.description.abstractThis dissertation is a study of how and why the “1 percent” remains a bastion of male domination. My focus is the hedge fund industry, a case study of the top earners. Women and minority men are drastically underrepresented in this industry, which is consistent with other high-paying professions. For this research, I conducted in-depth interviews with 45 hedge fund workers and field observations at over 30 workplaces and industry events over a 4-year period in Texas and New York. I find that gender and race, as systems of inequality, allow for the concentration of economic resources among financial elites in this industry. An ideology of masculinity legitimizes and organizes relationships among elite white men that largely restrict women and minority men from accessing the benefits of working in a highly lucrative industry. This helps to explain how the “old boys’ club” that dominates the upper echelons of finance becomes established and persists over time. My research demonstrates how the rising income and wealth gap is directly tied to gender and race inequality
dc.description.departmentSociology
dc.format.mimetypeapplication/pdf
dc.identifier.urihttps://hdl.handle.net/2152/75705
dc.identifier.urihttp://dx.doi.org/10.26153/tsw/2808
dc.language.isoen
dc.subjectGender
dc.subjectMasculinity
dc.subjectInequality
dc.subjectWork
dc.subjectOrganizations
dc.subjectFinance
dc.subjectRace and ethnicity
dc.subjectHedge fund industry
dc.subjectHedge fund workers
dc.subjectIdeology of masculinity
dc.subjectElite white men
dc.subjectOld boys club
dc.subjectHigh-paying professions
dc.subjectIncome gap
dc.subjectWealth gap
dc.subjectGender inequality
dc.subjectRace inequality
dc.titleHedged out : the reproduction of elite structures in finance
dc.typeThesis
dc.type.materialtext
thesis.degree.departmentSociology
thesis.degree.disciplineSociology
thesis.degree.grantorThe University of Texas at Austin
thesis.degree.levelDoctoral
thesis.degree.nameDoctor of Philosophy

Access full-text files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
NEELY-DISSERTATION-2017.pdf
Size:
1.49 MB
Format:
Adobe Portable Document Format
Download

License bundle

Now showing 1 - 2 of 2
No Thumbnail Available
Name:
PROQUEST_LICENSE.txt
Size:
4.45 KB
Format:
Plain Text
Description:
Download
No Thumbnail Available
Name:
LICENSE.txt
Size:
1.84 KB
Format:
Plain Text
Description:
Download

Collections

UT Electronic Theses and Dissertations