Academy of Management Annual Meeting Proceedings includes abstracts of all papers and symposia presented at the annual conference, plus 6-page abridged versions of the “Best Papers” accepted for inclusion in the program (approximately 10%). Papers published in the Proceedings are abridged because presenting papers at their full length could preclude subsequent journal publication. Please contact the author(s) directly for the full papers. Identifying Directors Who Can Prevent Corporate Fraud: An Initial Test of the Quad ModelChuljin Albert Park, Vilmos F. Misangyi and Donald C. HambrickChuljin Albert ParkPennsylvania State U., Vilmos F. MisangyiPennsylvania State U. and Donald C. HambrickPennsylvania State U.Published Online:30 Nov 2017https://doi.org/10.5465/ambpp.2015.10896abstractAboutSections ToolsDownload CitationsAdd to favoritesTrack Citations ShareShare onFacebookTwitterLinkedInRedditEmail AbstractWe conduct an initial empirical test of a new predictive theory, the "quad model" for assessing the monitoring effectiveness of corporate boards. According to the quad model, a corporate director needs four attributes in order to have a high likelihood of being an effective monitor: independence, expertise in the domain being monitored, bandwidth, and motivation. Extending to the board level, the presence of one quad-qualified director will reduce the likelihood of governance failures in a given domain, and the presence of two or more directors will have an especially great effect. We use the quad model to predict the incidence of corporate financial fraud, examining the boards of 66 fraud-committing firms and 66 matched- comparison firms. Using customary operationalizations of the four elements of the quad model, we do not find support for the model. However, after refining the operationalizations to reflect recent insights about director psychology, we find that the presence of two or more "tri-qualified" directors – who possess independence, bandwidth, and motivation – significantly reduces the incidence of fraud. We discuss the theoretical and practical implications of these findings. FiguresReferencesRelatedDetails Vol. 2015, No. 1 Permissions Metrics in the past 12 months History Published online 30 November 2017 Published in print 1 January 2015 InformationCopyright of Academy of Management Journal is the property of Academy of Management and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder’s express written permission. However, users may print, download, or email articles for individual use.Keywordsboard of directorsfraudmonitoring