Board diversity and financial statement comparability: evidence from China

被引：8
|
作者：
Ning, Ding [1 ]
Irfan-Ullah [1 ]
Majeed, Muhammad Ansar [2 ]
Zeb, Aurang [3 ]
机构：
[1] Dongbei Univ Finance & Econ, Sch Finance, Dalian, Peoples R China
[2] Zhejiang Gongshang Univ, Int Business Sch, Hangzhou, Peoples R China
[3] Univ Peshawar, Khyber Pakhtunkhwa, Pakistan
来源：
EURASIAN BUSINESS REVIEW | 2022年 / 12卷 / 04期
关键词：
Financial statement comparability; Relation diversity; Task diversity; China; ACCOUNTING COMPARABILITY; INSTITUTIONAL INVESTORS; GENDER DIVERSITY; CORPORATE GOVERNANCE; EARNINGS MANAGEMENT; ETHNIC DIVERSITY; INTERGROUP CONTACT; TENURE DIVERSITY; DECISION-MAKING; LISTED FIRMS;
D O I：
10.1007/s40821-022-00214-3
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We investigate the relationship between board diversity (relation-oriented diversity, task-oriented diversity, and overall board diversity) and financial statement comparability. We find that diverse boards are positively associated with financial statement comparability, suggesting that board diversity improves governance mechanisms by alleviating agency conflicts, leading to higher comparability than homogenous boards. We also find that institutional ownership positively affects the association between board diversity and financial statement comparability. Furthermore, the positive effect of diversity, institutional ownership, and comparability are more pronounced in non-state-owned firms and non-crisis periods. Our findings remain consistent with a battery of econometric techniques and measures of comparability. This study provides new insights regarding the role of boardroom diversity in shaping the qualitative aspect of financial reporting, i.e., financial statement comparability.
引用
收藏
页码：743 / 801
页数：59
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