Chief financial officer demographic characteristics and fraudulent financial reporting in China

被引：52
作者：
Sun, Jinghui [1 ]
Kent, Pamela [2 ]
Qi, Baolei [1 ]
Wang, Jiwei [3 ]
机构：
[1] Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
[2] Univ Adelaide, Accounting & Finance Dept, Adelaide, SA, Australia
[3] Singapore Management Univ, Sch Accountancy, Singapore, Singapore
来源：
ACCOUNTING AND FINANCE | 2019年 / 59卷 / 04期
基金：
中国国家自然科学基金; 中国博士后科学基金;
关键词：
Fraud; CFO age; CFO gender; CFO education; CORPORATE GOVERNANCE; EARNINGS MANAGEMENT; GENDER-DIFFERENCES; UPPER ECHELONS; TOP; FIRM; CEOS; ALLOCATION; STYLE; CFOS;
D O I：
10.1111/acfi.12286
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
We investigate whether management's cognitions, values and perceptions are associated with fraud for 18 863 firm-years for Chinese listed firms from 2000 to 2014. Demographic characteristics of the chief financial officer (CFO) are used as proxies for management's cognitions, values and perceptions. We find that fraudulent financial reporting is higher when CFOs are younger, male, and have lower education backgrounds. An analysis of inflated earnings, fictitious assets, material omissions and other material misstatements provide similar results, with the exception that CFOs with higher education levels are associated with more inflated earnings.
引用
收藏
页码：2705 / 2734
页数：30
相关论文
共 88 条
[11]  
Bernard R.A., 1997, CONTEMP ACCOUNT RES, V14, P653, DOI 10.1111/j.1911-3846.1997.tb00545.x
[12]   Managing with style: The effect of managers on firm policies [J].
Bertrand, M ;
Schoar, A .
QUARTERLY JOURNAL OF ECONOMICS, 2003, 118 (04) :1169-1208
[13]   Initial conditions and moment restrictions in dynamic panel data models [J].
Blundell, R ;
Bond, S .
JOURNAL OF ECONOMETRICS, 1998, 87 (01) :115-143
[14]   Differences in the sophistication of Value-based Management - The role of top executives [J].
Burkert, Michael ;
Lueg, Rainer .
MANAGEMENT ACCOUNTING RESEARCH, 2013, 24 (01) :3-22
[15]   Women in the boardroom and fraud: Evidence from Australia [J].
Capezio, Alessandra ;
Mavisakalyan, Astghik .
AUSTRALIAN JOURNAL OF MANAGEMENT, 2016, 41 (04) :719-734
[16]   Upper echelons research revisited: Antecedents, elements, and consequences of top management team composition [J].
Carpenter, MA ;
Geletkanycz, MA ;
Sanders, WG .
JOURNAL OF MANAGEMENT, 2004, 30 (06) :749-778
[17]  
Chapple L., 2009, Journal of Forensic and Investigative Accounting, V1, P1
[18]   Corporate governance and securities class actions [J].
Chapple, Larelle ;
Clout, Victoria J. ;
Tan, David .
AUSTRALIAN JOURNAL OF MANAGEMENT, 2014, 39 (04) :525-547
[19]   It's all about me: Narcissistic chief executive officers and their effects on company strategy and performance [J].
Chatterjee, Arijit ;
Hambrick, Donald C. .
ADMINISTRATIVE SCIENCE QUARTERLY, 2007, 52 (03) :351-386
[20]   Earnings management and capital resource allocation: Evidence from China's accounting-based regulation of rights issues [J].
Chen, KCW ;
Yuan, HQ .
ACCOUNTING REVIEW, 2004, 79 (03) :645-665
123456789