Publication Type
Journal Article
Version
submittedVersion
Publication Date
12-2019
Abstract
We investigate whether management's cognitions, values and perceptions are associated with fraud for 18 863 firm-years for Chinese listed firms from 2000 to 2014. Demographic characteristics of the chief financial officer (CFO) are used as proxies for management's cognitions, values and perceptions. We find that fraudulent financial reporting is higher when CFOs are younger, male, and have lower education backgrounds. An analysis of inflated earnings, fictitious assets, material omissions and other material misstatements provide similar results, with the exception that CFOs with higher education levels are associated with more inflated earnings. Accounting and Finance
Keywords
CFO age, CFO education, CFO gender, Fraud
Discipline
Accounting | Corporate Finance | Finance and Financial Management
Research Areas
Corporate Reporting and Disclosure
Publication
Accounting and Finance
Volume
59
Issue
4
First Page
2705
Last Page
2734
ISSN
0810-5391
Identifier
10.1111/acfi.12286
Publisher
Wiley: 24 months
Citation
SUN, Jinghui; KENT, Pamela; QI, Baolei; and WANG, Jiwei.
Chief financial officer demographic characteristics and fraudulent financial reporting in China. (2019). Accounting and Finance. 59, (4), 2705-2734.
Available at: https://ink.library.smu.edu.sg/soa_research/1639
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1111/acfi.12286