管理階層性別差異與盈餘管理選擇之影響

本文旨在探討中國上市公司之管理階層性別差異是否有不同之盈餘管理選擇偏好，並另探討審計產業專家之影響。本研究以2008年至2015年之中國上市公司為研究對象，實證結果發現，高階主管（總裁、總經理）性別差異部分，男性高階主管與應計項目盈餘管理呈顯著負相關。而管理階層之性別比例對於盈餘管理之選擇偏好有顯著之影響；當管理階層中女性所佔比例越高時，企業較會傾向使用應計項目盈餘管理，較不會使用實質盈餘管理；當管理階層中男性所佔比例越高時則相反。審計產業專家方面，與女性高階主管之交乘項無顯著相關，而與女性管理階層所佔比例之交乘項，與實質盈餘管理呈顯著負相關；與男性高階主管及男性管理階層所佔比例之交乘項皆與實質盈餘管理呈顯著正相關，顯示男女性別差異確實會影響其所選擇之盈餘管理行為。希冀藉由本文研究結果提供未來相關研究，關於性別差異係為高階主管及管理階層盈餘管理選擇之重要影響因素。

關鍵字

管理階層；性別差異；應計項目盈餘管理；實質盈餘管理

並列摘要

The objective of this study was to determine whether gender differences exist in the management of listed firms in China with regard to earnings management and examine the influence of auditor industry specialization. This study investigated listed firms in China from 2008 to 2015. The empirical results revealed a significant negative correlation between male executives (presidents and general managers) and accrual-based earnings management. The gender proportions of the management also exerted a significant influence on preferences in earnings management; firms with a management team comprising mostly of females tended to choose accrual-based earnings management rather than real earnings management, while firms with a management team comprising mostly of males showed the opposite. With regard to auditor industry specialization, the interaction of auditor industry specialization and female executives showed no significant correlation, while the interaction of auditor industry specialization and the proportion of females in management displayed a significant negative correlation with real earnings management. In contrast, the interactions of auditor industry specialization with male executives and the proportion of males in management displayed significant positive correlation with real earnings management, which indicates that the earnings management behavior chosen indeed varies with gender. The results of this study show that the genders of executives and managers are crucial factors that influence earnings management choices and should be taken into consideration in future research.

並列關鍵字

Management stratum ； Gender differences ； Accrual-based earnings management ； Real earnings management

參考文獻

謝宛庭與吳清在，2015，會計裁量與實質交易之權衡與時點：台灣上市櫃公司之盈餘管理研究。臺大管理論叢，第26卷1期，1-32。

Kuo, M. H., N. F. Kuo, Y. C. Chiu, and P. H. Fan. 2005. Gender and investment behavior: On taiwanese individual investors. Journal of Financial Studies 13 (2): 1-28.

Adams, R., and D. Ferreira. 2009. Women in the boardroom and their impact on governance and performance. Journal of Financial Economics 94 (2): 291–309.

Bartov, E. 1993. The timing of asset sales and earnings manipulation. The Accounting Review 68 (4): 840-55.

Byrnes, J. P., D. C. Miller, and W. D. Schafer. 1999. Gender differences in risk taking: A meta-analysis. Psychological Bulletin 125 (3):367-383.

國際替代計量

管理階層性別差異與盈餘管理選擇之影響

全文下載

主題瀏覽