Podknife - Five-star reviews, one-star profits: The devaluation of businesses in Black communities by Events from the Brookings Institution

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Five-star reviews, one-star profits: The devaluation of businesses in Black communities

Podcast |: Events from the Brookings Institution
Publisher |: The Brookings Institution
Media Type |: audio
Podknife tags |: Business,; Economics,; News & Politics,; Society & Culture
Categories Via RSS |: Business,; News,; Non-Profit,; Politics
Publication Date |: Feb 20, 2020
Episode Duration |: 02:03:45

On Wednesday, February 19, Brookings Metro hosted an event exploring a report conducted by the program and Gallup titled: “Five-star reviews, one-star profits: The devaluation of businesses in Black communities,” which finds that highly rated businesses in Black neighborhoods (measured by Yelp ratings) experience slower revenue growth than poorly rated businesses in otherwise similar neighborhoods. Following a presentation on the research, thought leaders on two panels, including investors and business owners, examined how racial segregation and discrimination can distort markets; in particular, the practices and policies that cause the devaluation of businesses.

Subscribe to Brookings Events on iTunes, send feedback email to events@brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. To learn more about upcoming events, visit our website. Brookings Events is part of the Brookings Podcast Network.

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