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

• Published in: Advances in accounting Vol. 63; p. 100677
• Main Authors: Dey, R. Mithu, Lim, Lucy
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01-12-2023
• Subjects: Black professionals; Challenging assignments; Human capital theory; Mentoring; Social capital theory; Social networks; Social capital theory; Social networks; Challenging assignments; Black professionals; Mentoring; Human capital theory
• ISSN: 0882-6110; 2590-1699
• DOI: 10.1016/j.adiac.2023.100677

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.