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Communication Dans Un Congrès Année : 2016

Earnings quality in private SMES: Do CEO demographic matter?

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.
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Dates et versions

hal-01450998 , version 1 (31-01-2017)

Identifiants

  • HAL Id : hal-01450998 , version 1

Citer

François Belot, Stéphanie Serve. Earnings quality in private SMES: Do CEO demographic matter?. SME FINANCING & GOVERNANCE: WHEN INVESTORS & FAMILIES MEET, Université Paris Ouest, Nanterre, Oct 2016, Nanterre, France. ⟨hal-01450998⟩
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