Aerosol direct effects (ADEs) can modulate shortwave radiation as well as atmospheric dynamics and air quality. As the key absorbing component of aerosol, the black carbon (BC) largely determines the aerosol optical properties. Therefore, it is expected that BC emission controls might gain...

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...