scholarly journals Mulheres CEO (Chief Executive Officer) e CFO (Chief Financial Officer): influência da presença feminina na qualidade dos accruals

2021 ◽  
Vol 18 (47) ◽  
pp. 72-90
Author(s):  
Sarah Amaral Fabrício ◽  
Kátia Dalcero ◽  
Denize Demarche Minatti Ferreira ◽  
Alex Mussoi Ribeiro
Keyword(s):  
Chief Executive Officer ◽  
Chief Executive ◽  
Chief Financial Officer

A presença feminina em cargos de diretoria executiva, gerência de alto escalão e nos conselhos tem apontado influência significativa na diminuição dos accruals discricionários das companhias. O estudo parte dos pressupostos evidenciados nas hipóteses H1a e H1b de que empresas com CEO e/ou CFO do gênero feminino possuem menos accruals discricionários e, assim, uma maior qualidade dos lucros. O modelo empírico foi aplicado numa amostra de 170 empresas não financeiras listadas na B3 S/A – Brasil, Bolsa, Balcão de 2013 a 2018. Os resultados rejeitam a H1a. Já os achados não rejeitam H1b, ou seja, foi encontrada influência significativa do CFO do gênero feminino com a diminuição da discricionariedade dos accruals que resulta em uma melhor qualidade dos lucros. A pesquisa ainda observou o total de mulheres como CEOs e CFOs, sendo 25 (2,68%) e 72 (7,73%), respectivamente, totalizando 97 mulheres em ambos os cargos.

scholarly journals Female executive dan manajemen laba: Riset pada perusahaan manufaktur di Indonesia

2019 ◽  
Vol 1 (1) ◽  
pp. 18-27
Author(s):  
Anindya Setya Suciani ◽  
Hari Purnama
Keyword(s):  
Linear Regression ◽  
Earnings Management ◽  
Multiple Linear Regression ◽  
Chief Executive Officer ◽  
Stock Exchange ◽  
Chief Executive ◽  
Chief Financial Officer ◽  
Female Executives ◽  
Regression Test ◽  
Independent Variable

This study aims to test the effect of female executives on earnings management. The research was conducted at the manufacturing company listed on the Indonesia Stock Exchange in the 2015-2017 period. The purposive sampling was used 75 companies as data sample. Multiple linear regression test is used to see the effect of the independent variable on the dependent variable. The result of the analysis shows that the Female Chief Executive Officer (CEO), Female Chief Financial Officer (CFO) and Female Board of Commissioner does not influence earnings management. Whereas, the growth variable affects earnings management

scholarly journals Chief Executive Officer and Chief Financial Officer compensation relationship to company performance in state-owned entities

2017 ◽  
Vol 20 (1) ◽  
Author(s):  
Mark H.R. Bussin ◽  
Marvin Ncube
Keyword(s):  
South African ◽  
Chief Executive Officer ◽  
Positive Relationship ◽  
Global Financial Crisis ◽  
African State ◽  
Poor Performance ◽  
Chief Executive ◽  
Chief Financial Officer ◽  
Company Performance ◽  
Executive Pay

Background: Optimal contracting continues to dominate boardroom and dinner discussions worldwide in light of the 2008 global financial crisis and especially in South Africa, due to the growing income gap. Increased scrutiny is being placed on South African state-owned entities (SOEs), as a result of the seemingly poor performance of SOEs. Some of the SOEs are reported to have received financial bailouts from taxpayers’ money, while executives are raking in millions of rands in remuneration, provoking some concerns on the alignment of executive pay to company performance in SOEs.Aim: The study will assist remuneration committees and policymakers in the structuring of executive pay in SOEs to ensure alignment to company performance.Setting: The study sought to assess, based on empirical evidence, if there is a positive relationship between Chief Executive Officer (CEO) and Chief Financial Officer (CFO) remuneration and company performance in South African SOEs in the period between 2010 and 2014. All 21 Schedule 2 SOEs were included in the study.Methods: The research was a quantitative archival research methodology. Correlation and multiple regression analysis were the main statistical techniques used in this study.Results: Contrary to popular media, a positive relationship between CEO and CFO remuneration (fixed pay and short-term incentives) and company performance in SOEs was observed. Company size appears to be the key determiner of fixed pay in SOEs. The positive relationship was mainly noted on absolute profitability measurements like EBITDA (earnings before interest and tax and depreciation and amortisation) and net profit.Conclusion: SOE remuneration committees and policymakers should maintain the positive relationship; however, more emphasis should be placed on financial efficiency measurements so as to enhance efficiencies in SOEs.

Does Hiring a New CFO Change Things? An Investigation of Changes in Discretionary Accruals

2006 ◽  
Vol 81 (4) ◽  
pp. 781-809 ◽  
Author(s):  
Marshall A. Geiger ◽  
David S. North
Keyword(s):  
Empirical Evidence ◽  
Financial Reporting ◽  
Chief Executive Officer ◽  
Significant Influence ◽  
Chief Executive ◽  
Discretionary Accruals ◽  
Chief Financial Officer ◽  
Control Group ◽  
Fraudulent Financial Reporting ◽  
The U.S

The recent spate of fraudulent financial reporting in the U.S. has drawn attention to the fact that the Chief Financial Officer (CFO) has a substantial amount of control over a firm's reported financial results. This paper examines the changes in discretionary accruals surrounding the appointment of a new CFO. Using a sample of 712 companies that appointed a new CFO in the period 1994 to 2000, we find that discretionary accruals decreased significantly following the appointment of a new CFO. Our tests indicate that this reduction is significantly greater for our group of CFO-hiring firms than for a control group of non-hiring firms, and that the changes are not driven by a concurrent appointment of a new Chief Executive Officer (CEO). We also find that our results are largely driven by firms that hire a new CFO from outside the company. Our study extends earlier research by providing empirical evidence that individuals in CFO positions wield significant influence over the firm's reported financial results and that a firm's discretionary accruals are significantly reduced surrounding the appointment of a new CFO.

scholarly journals Do Companies with Female on the Board have Effects on the Earning Management? Evidence Indonesia Manufacturing Listed Firms

2021 ◽  
Vol 1 (1) ◽  
pp. 19-25
Author(s):  
Theresia Trisanti
Keyword(s):  
Earnings Management ◽  
Chief Executive Officer ◽  
Audit Committee ◽  
Management Practices ◽  
Management Practice ◽  
Chief Executive ◽  
Partial Least Square ◽  
Earning Management ◽  
Chief Financial Officer ◽  
Manufacturing Companies

This study aims to examine the influence of the presence of women on the board such as chief executive officer, chief financial officer and chief audit committee on the earning management (EM) practices and also to examine whether the educational backgrounds of women executive officials have a moderating effect on the earning management practice. The data used is secondary data from Indonesian listed manufacturing companies, hypothesis testing using regression model with partial least square test. Sampling was carried out using a purposive sampling method. The results showed that female chief executive officer and female chief financial officer did not affect earning management practice, but woman as chief audit committee affect the company's earnings management practices. Education background capable as moderating variable to strengthen the influence women as chief executive officer, chief financial officer and women as chief audit committee to earnings management practices. This research can provide contribution for users of financial statements about the possibility of differences in earnings management practices due to the presence of women in top management positions.

Chief Financial Officer Co-option and Chief Executive Officer Compensation

2020 ◽  
Author(s):  
Shane S. Dikolli ◽  
John C. Heater ◽  
William J. Mayew ◽  
Mani Sethuraman
Keyword(s):  
Chief Executive Officer ◽  
Chief Executive ◽  
Chief Financial Officer

Peregrine—Twenty Years of Fraudulent Cash Balances

2013 ◽  
Vol 29 (2) ◽  
pp. 337-348
Author(s):  
Randal J. Elder ◽  
Diane J. Janvrin ◽  
Paul Caster
Keyword(s):  
Information System ◽  
Chief Executive Officer ◽  
Accounting Information ◽  
Chief Executive ◽  
Cash Balance ◽  
Accounting Information System

ABSTRACT In July 2012, Peregrine Financial Group filed for bankruptcy following the discovery that $215 million in customer balances had been embezzled. Investigation revealed that its Chief Executive Officer, Russell Wasendorf, Sr., fooled auditors and regulators for 20 years by preparing fictitious bank statements and cash balance confirmations to hide the theft of cash. The fraud was uncovered when Peregrine's regulator, the National Futures Association (NFA), demanded that Peregrine participate in an electronic confirmation process for verification of customer accounts. This case discusses how the fraud was allowed to go undetected for 20 years, the importance of auditing cash, and how new electronic confirmation technology improves the ability to authenticate confirmation responses. The case is suitable for use in both auditing and accounting information system courses.

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