Canada Research Chair in Economic Sociology
Professor Pernell received her PhD in sociology from Harvard University and joined the Sociology Department at the University of Toronto in 2016. She teaches courses in Economic Sociology, Organizational Sociology, and Social Policy.
Her research examines the causes and consequences of risky, ineffective, and harmful behaviour in financial markets. She is currently engaged in four research projects: (1) a book and a series of articles exploring the emergence of different bank regulatory systems in Canada, the U.S., and Spain, focusing on the period leading up to the recent global financial crisis; (2) a project examining how the rise of shareholder management contributed to the explosion in bank risk-taking since the 1980s (with Jiwook Jung); (3) a project examining the effects of a new professional, the chief risk officer (CRO), on bank derivatives activity (with Jiwook Jung and Frank Dobbin); and (4) a project exploring how recent changes in the form and function of national banking systems have shaped trends in socioeconomic inequality, with an emphasis on lending to small businesses.