Monash University

Embargoed and Restricted Access

Reason: Under embargo until August 2022. After this date a copy can be supplied under Section 51(2) of the Australian Copyright Act 1968 by submitting a document delivery request through your library

Two Essays on Social Ties and Economic Outcomes

posted on 2021-08-26, 03:17 authored by MEGELHEWAGE PRABASHI UPADHYA DHARMASIRI
In this dissertation, I examine the influence of social connections on economic outcomes at the firm level in the US. The first study examines how social ties between successive CEOs influence firm policy changes enacted by the incoming CEOs. The results indicate a potential criterion the nomination committee should consider when selecting new CEOs. The second study examines the impact of social ties between the audit committee chair and the external auditor on audit quality. The results collectively indicate that ties between the auditor and the client facilitate information transfers and support the potential benefits of social ties in economic decision-making.


Campus location


Principal supervisor

Chen Chen

Additional supervisor 1

Sunyoung Kim

Additional supervisor 2

Jongwon Park

Year of Award


Department, School or Centre



Doctor of Philosophy

Degree Type



Faculty of Business and Economics