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Do social networks improve the chance of obtaining challenging assignments? Evidence from Black accounting professionals

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  • Dey, R. Mithu
  • Lim, Lucy

Abstract

Racial disparities in career advancement continue to be a challenge for employers and minority workers in the accounting profession. We examine how social networks may influence the likelihood of Black professionals being placed on challenging assignments, which contributes to career advancement. Using a survey of 381 Black accounting professionals, we find that the key factors to obtaining challenging assignments include having access to social networks, the ability to establish social networks, and having a mentor who opens the door to challenging assignments. We also find that access to social networks improves when there is an accepting and welcoming work environment, when a mentor introduces the professional to the right social networks, and when the professional defines success to include involvement in social activities with business colleagues.

Suggested Citation

  • Dey, R. Mithu & Lim, Lucy, 2023. "Do social networks improve the chance of obtaining challenging assignments? Evidence from Black accounting professionals," Advances in accounting, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:advacc:v:63:y:2023:i:c:s0882611023000366
    DOI: 10.1016/j.adiac.2023.100677
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    References listed on IDEAS

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    Cited by:

    1. Crawford, Steven & Gray, Wesley & Johnson, Bryan & Price, Richard A., 2025. "The impact of buy-side analyst social network relationships on recommendations, price discovery, and employment outcomes," Advances in accounting, Elsevier, vol. 69(C).
    2. Shahid, Ahmad Usman & Patel, Chris & Pan, Peipei, 2025. "Islamic worldview, social consciousness, and socially responsible investment," Advances in accounting, Elsevier, vol. 68(C).
    3. Li, Junming & Chen, Miaomiao & Liu, Jiayang, 2024. "Social networks, inclusive finance, and residents' well-being: An empirical study based on CFPS," Finance Research Letters, Elsevier, vol. 65(C).

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