Female leadership and earnings management in politically connected and family firms

被引：2

作者：

Ismail, Ismaanzira ^{[1
]}

How, Janice ^{[2
]}

Shafie, Rohami ^{[3
]}

Ku Ismail, Ku Nor Izah ^{[3
]}

Wahab, Effiezal Aswadi Abdul ^{[4
]}

机构：

[1] Univ Sains Malaysia, Sch Management, George Town, Penang, Malaysia

[2] Queensland Univ Technol, Fac Business & Law, Sch Econ & Finance, Brisbane, Australia

[3] Univ Utara Malaysia, Coll Business, Tunku Puteri Intan Safinaz Sch Accountancy, Kedah, Malaysia

[4] Curtin Univ, Fac Business & Law, Sch Accounting Econ & Finance, Bentley, Australia

来源：

ACCOUNTING FORUM | 2024年

关键词：

Gender diversity; earnings management; female executives; politically connected firms; family firms; J16; M41; AUDIT COMMITTEE CHARACTERISTICS; CORPORATE GOVERNANCE; WOMEN DIRECTORS; CFO GENDER; PERFORMANCE; OWNERSHIP; QUALITY; GUANXI; CEOS; TOP;

D O I：

10.1080/01559982.2024.2416742

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines the role of female CEOs and CFOs in relation to earnings management in politically connected and family firms in Malaysia, utilising a unique dataset spanning 2016-2018. The results show female CFOs are associated with reduced earnings management in politically connected firms, potentially due to their risk-averse and ethical approach. However, no significant relationship is observed between female executives and earnings management in family firms, possibly due to entrenched dynamics and governance structures within these firms. The results are robust to potential self-selection bias and sub-sampling issues. Our findings support policies promoting female representation in corporate leadership, highlighting that female executives can enhance financial reporting quality in specific organisational contexts.HIGHLIGHTSFemale CFOs are associated with reduced earnings management in politically connected firms.No significant relationship is observed between female executives and earnings management in family firms.The results are robust to potential self-selection bias and subsampling issues.

引用

页数：31

共 110 条

[11]

[Anonymous], 2021, Malaysian Code on Corporate Governance

[12] Female directors, board committees, and firm performance: Time-series evidence from Turkey [J].

Ararat, Melsa ;

Yurtoglu, B. Burcin .

EMERGING MARKETS REVIEW, 2021, 48

[13] Women and CSR budgeting and spending: Does ownership enhance their CSR role? [J].

Baatwah, Saeed Rabea ;

Wahab, Effiezal Aswadi Abdul .

BUSINESS ETHICS THE ENVIRONMENT & RESPONSIBILITY, 2023, 32 (04) :1277-1296

[14] CFO Gender and Accruals Quality [J].

Barua, Abhijit ;

Davidson, Lewis F. ;

Rama, Dasaratha V. ;

Thiruvadi, Sheela .

ACCOUNTING HORIZONS, 2010, 24 (01) :25-39

[15] Political Connections and Accounting Quality under High Expropriation Risk [J].

Batta, George ;

Sucre Heredia, Ricardo ;

Weidenmier, Marc .

EUROPEAN ACCOUNTING REVIEW, 2014, 23 (04) :485-517

[16]

BENEISH MessodD., 2001, Managerial Finance, V27, P3, DOI DOI 10.1108/03074350110767411

[17] Are female leaders more efficient in family firms than in non-family firms? [J].

Bjuggren, Per-Olof ;

Nordstrom, Louise ;

Palmberg, Johanna .

CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2018, 18 (02) :185-205

[18] Political institutions, connectedness, and corporate risk-taking [J].

Boubakri, Narjess ;

Mansi, Sattar A. ;

Saffar, Walid .

JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2013, 44 (03) :195-215

[19] Accrual-based and real earnings management and political connections [J].

Braam, Geert ;

Nandy, Monomita ;

Weitzel, Utz ;

Lodh, Suman .

INTERNATIONAL JOURNAL OF ACCOUNTING, 2015, 50 (02) :111-141

[20] Female Representation on Boards and Corporate Ethical Behavior in Latin American Companies [J].

Briano-Turrent, Guadalupe del Carmen .

CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2022, 30 (01) :80-95

← 1 2 3 4 5 6 7 8 9 10 →