Female Executives and Earnings Management

Female directors and earnings management: Evidence from UK companies

“…The findings of pooled OLS regression reveal that a number of female directors on the board constrain the level of earnings management. These findings are consistent with the previous studies of Gavious et al (2012); Peni and Vähämaa (2010); and Krishnan and Parsons (2008), who found that firms with a higher number of women on the board are less likely to manipulate earnings. The key research questions are: (1) is there an association between the number of female directors and earnings management?…”

“…For instance, Barua et al (2011) investigated the association between CFO gender and earnings management and found that firms with female CFOs have lower discretionary accruals than firms with male CFOs. Similar findings were provided by Peni and Vähämaa (2010), who examined the association between CFO and CEO gender and earnings management, and found that firms with female CFOs have income-decreasing discretionary accruals, indicating that female CFOs are following more conservative financial reporting rules and standards. However, they found no association between earnings management and CEO gender.…”

“…These findings are consistent with the study of Gavious et al (2012) who find that Israel firms with female and independent female dirctors on the boards are more like to engage in less earnings management. Peni and Vähämaa (2010) found that the presence of female executives in the US companies is associated with income-decreasing earnings management. Our results also confirmed this trend, but further show that CFO manager does not impact the practise of earnings management.…”

Yöneti̇m Kurulu Yapisi Ve Kâr Yöneti̇mi̇ Uygulamalari: Bist İmalat Sektörü Örneği̇

“…Bu kapsamda yaygın olarak kullanılan ve kâr yönetimini farklı varsayım ve bakış açılarıyla tahmin eden dört farklı kâr yönetimi modeli kullanılmıştır (Dechow & Dichev, 2002;Dechow vd., 1995;McNichols, 2002;Stubben, 2010). Kullanıla n modeller vasıtasıyla elde edilen kâr yönetimi metrik değerleri ve firma yönetim kurulu arasındaki ilişkinin incelenmesinde de yine literatürde kullanılan modellerden yararlanılmıştır (Peni & Vähämaa, 2010).…”

“…Bu (Peni & Vähämaa, 2010;Sun vd., 2011;Xie vd., 2003). Model 5 vasıtasıyla test edilen hipotezlere ait sonuçlar Tablo 4'de raporlanmıştır.…”