Bringing clients back in: Homophily preferences and inequality on Wall Street

Research output: Contribution to journalArticlepeer-review

14 Scopus citations

Abstract

Using qualitative data from a cohort sample of 76 current or former Wall Street professionals, I argue that the perception that clients prefer homophily with their service providers shapes Wall Street careers and contributes to gender inequality. I also reveal how some women on Wall Street partially insulate themselves from biases against them by deliberately avoiding positions that are most dependent on client relationships. I hypothesize that the strength of client preferences for homophily in service providers in the Wall Street context is related to the high status of this service profession and its clients.

Original languageEnglish (US)
Pages (from-to)613-635
Number of pages23
JournalSociological Quarterly
Volume45
Issue number4
DOIs
StatePublished - Sep 1 2004

ASJC Scopus subject areas

  • Sociology and Political Science

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