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13 octobre 2016
- handle: 10670/1.knux2p
- hal: hal-01450998
Mots-clés
small business earnings management accruals gender CEO characteristics IRG_AXE1 -fin]/General Finance [q-fin.GN]Sujets proches
Earnings Wage rates Wage-fund Departmental salaries Remuneration Pay Salaries Compensation Working class--Wages Businesses Firms Companies Enterprises Business organizations Organizations, BusinessCiter ce document
François Belot et al., « Earnings quality in private SMES: Do CEO demographic matter? », Archive ouverte de Sciences Po (SPIRE), ID : 10670/1.knux2p
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Résumé
This study investigates the impact of CEO demographics on earnings quality for private SMEs. Using a 2012 sample of 30,476 French firms, we first find strong empirical support for a gender effect: female-run firms engage in less earnings management than do male-run firms. This result is consistent with female CEOs being more risk-averse than their male counterparts are when making financial decisions. Second, CEO age is negatively correlated with the magnitude of discretionary accruals, and the relationship between gender and earnings quality is stronger for older CEOs. Overall, our findings suggest that CEO demographics affect the quality of accounting information.