CFO Characteristics And Financial Fraud -Empirical Data From Listed Companies

In recent years, with the global financial scandals breaking out, the authenticity of accounting information has caused attracted nationwide attention, CFO who as a key figure had been solely responsible for the financial report was pushed to the fore. Whether related to financial fraud and the CFO who were responsible for the financial report? If relevant, which characteristics of CFO will significantly affect the listed companies in financial fraud?In order to study the issue that the relationship between the characteristics of CFO and financial fraud with the logistic model. We choose eighty-nine listed companies that were punished from 2006 to 2010 and eighty-nine listed companies that weren't controlled as samples. We draw some conclusions from the statistical tests and the regression analysis, CFO age and working at the end of the year are the positive correlation with financial fraud, but the educational background of CFO are negatively related to financial fraud. the relation between Other features of the CFO and the financial fraud is not very significant. In order to make more robust conclusions, we added the characteristic of CEO may affect financial fraud to further test. Test showed even that the characteristics of the CEO added variables, our conclusion is still valid. In other words, we've come to the conclusion that is no substantial impact, further evidence of our previous conclusions were certain stability.The author concludes the paper based on the conclusion of the study, discussion and analysis and some of the major findings in the process of empirical research and preliminary policy recommendation, concluded that the limitaions of the study and future direction of research and development.