Xing, Jieli; Zhang, Yongjie; Xiong, Xiong; Li, Guangzhong - In: China journal of accounting research : CJAR 15 (2022) 4, pp. 1-19
This paper examines how independent directors' social capital, as measured by their social network, affects corporate fraud. We find that firms with well-connected independent directors are less likely to commit fraud, supporting our monitoring effect hypothesis. This result is robust to a...
