题目：COOKING THE BOOKS OR SLEEPING AROUND? EXECUTIVE SOCIAL CAPITAL IN THE WAKE OF A SCANDAL
主讲人：Han Jiang，Assistant Professor，Eller College of Management, University of Arizona
Scholars have long recognized that executives are often dismissed after scandals. We extend this line of research by exploring the distinct implications of executives’ social capital for their dismissal following a scandal. Using firms’ financial fraud and executives’ personal indiscretion as examples, we highlight that the impact of social capital on dismissal in the wake of a scandal is largely determined by executives’ culpability. Based on a sample of public firms in China, our central finding is that while an executive’s social capital can help reduce the likelihood of being dismissed as a scapegoat following financial fraud, it becomes a liability for executives who engage in personal indiscretion, increasing the likelihood that firms will dismiss these compromised executives.
Han Jiang (PhD. Arizona State University) is an assistant professor at Eller College of Management, University of Arizona. His research interest mainly focuses on social network and social capital, corporate governance, and interfirm relationships.