The Impact of Top Management Team Characteristics on the Choice of Earnings Management Strategies: Evidence from China

Autor:	Hua Christine Xin Lewis, Baolei Qi, Jerry W. Lin, Gaoliang Tian
Rok vydání:	2017
Předmět:	Team composition 050208 finance business.industry Accrual media_common.quotation_subject 05 social sciences Accounting Sample (statistics) 050201 accounting Affect (psychology) Work experience Earnings management 0502 economics and business Quality (business) Business China media_common
Zdroj:	Accounting Horizons. 32:143-164
ISSN:	1558-7975 0888-7993
Popis:	SYNOPSIS Using a sample of Chinese A-share listed firms from 2000 to 2015, we investigate the association between a firm's use of earnings management strategies and the characteristics of its top management team. Our findings suggest that several demographic characteristics (i.e., age, gender, educational level, and financial work experience) of the entire team, as well as of the CEO/CFO and other team members separately, are significantly associated with both accrual-based and real-activities-based earnings management; these, in turn, may affect the quality of the firm's financial reporting. Our results are consistent with the predictions of the upper echelons theory and have implications for various stakeholders in corporate financial reporting, as well as providing insights to those responsible for selecting and developing upper-level executives. JEL Classifications: M40; M41. Data Availability: The data used in this paper are derived from public sources.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::6a3236db4dba7b8fc5286fa5b4aaecb2 https://doi.org/10.2308/acch-51938 Zobrazit plný text záznamu