This dissertation examines the profitability and management of public US corporations since the 1950s. I argue that a shift in their ability to turn a profit helps us understand why today’s corporations are run more as portfolios of assets than as organic wholes. Even while aggregate corporate...

In this paper, we document the historically low rate of hiring of women in the venture capital sector. We find that the high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference-in-differences regressions, we find that the rate of hiring...

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We explore co-ethnic hiring among new ventures using U.S. administrative data. Co-ethnic hiring is ubiquitous among immigrant groups, averaging about 22.5% and ranging from <2% to >40%. Co-ethnic hiring grows with the size of the local ethnic workforce, greater linguistic distance to English, lower...</2%>