Although social capital has been often debated in the last 20 years, there is a widely accepted definition missing and the approaches to measure its size are not very developed. Therefore, the definitions of social capital are stated and analysed, whether they are appropriately designed also for...

We investigate whether the levels of social capital in US counties, as captured by strength of civic norms and density of social networks in the counties, are systematically related to tax avoidance activities of corporations with headquarters located in the counties. We find strong negative...

How is it possible that British policy makers resisted market-based measurement for decades while financial economic concepts of decision-making and valuation still gained widespread acceptance as a justification for accounting standard-setting? This study introduces the concept of...

The purpose of this paper is to put forward the relevant role that socioeconomic factors play as an incentive to increase the quality of accounting information. Although accounting regulation has traditionally been considered as the main determinant of the quality of corporate disclosures,...

We investigate whether the levels of social capital in U.S. counties, as captured by strength of civic norms and density of social networks in the counties, are systematically related to tax avoidance activities of corporations with headquarters located in the counties. We find strong negative...

Prevailing models of capital markets capture a limited form of social influence and information transmission, in which the beliefs and behavior of an investor affect others only through market price, information transmission and processing is simple (without thoughts and feelings), and there is...

Previous literature demonstrates that local cultural values influence the corporate decisions and outcomes of companies headquartered in those locations. Based on this premise, the findings of the current study demonstrate that the conservatism levels of provinces of company headquarters of...

The current study focuses on the conservatism levels of provinces of birth of company chairmen to investigate whether public companies quoted at the Borsa Istanbul between the 2009 and 2017 engage in earnings management with an informative intent. Turkey provides a unique setting to investigate...

A larger CEO network can reduce the cost of equity by reducing information asymmetry between the firm and outsiders, and by increasing trust between the firm and stakeholders. Alternatively, a larger CEO network can increase the cost of equity because higher CEO connectedness encourages greater...