Female Executives And Accounting Conservatism

Reuse in today's career women are daily on the rise,women are gradually going into the category of leadership and management,and into the line of sight of public concern.From the most famous female executives in silicon valley Sandberg to the appointment of the world's top school for the first woman president,women are free themselves from the family into the workplace,and promote competition with men,which period of history is now a long struggle for freedom in blowout leap.More women as a leader will still be a long journey.In the 1880s,the Wall Street journal for the first time to use the "glass ceiling" to describe women workers facing the invisible barriers in the career development path,which in women limit problems still exist in today's promotion path.This inequality is bound to lead to certain economic consequences.Fortunately,more and more companies are increasingly aware of the importance of management diversity,and pay attention to the gender balance better,and improve the strong link between productivity and performance,while the addition of women in senior management personnel to effectively cope with the limitations of executives behind the homogeneity problem.Especially many developed countries have started from the Angle of legislation to help women to obtain rights and respect.The German parliament in March 2015 by the "historic" legislation-about "equality between men and women",which requires large enterprise senior team accounted for no less than 30%of women.In today's China's economy is facing a very serious challenge and choice.How to deal with the challenge is to realize the economic growth mode transformation in conclusion.For the "three to one drop one filling" to increase production capacity,and compress cost in the process,the role of accounting is crucial,but it should be in keeping the robustness under the major premise.In market economy circumstances,enterprises can't avoid potential pitfalls in the process of operation,while accounting conservatism principle can maximum reduce the happening of the risk and prevention.Accounting conservatism is the important characteristics of accounting standards,and an important principle of accounting recognition and measurement,so the important quality characteristics of financial reports to position the key role of accounting practice will no doubt.According to Bliss,accounting conservatism refers to all possible expected losses ahead to plan for possible expected earnings are not included,which is included in the cost and the cost in time,for the income and assets included in the to be based on the principle of caution.Basu interpreted financial reports directly to the reaction to the "bad news"more than "good news" timely.This is by a surplus of asymmetric timeliness affect accounting option,and can reflect the company executives to accounting judgment and choice of accounting policy,which can be from the reaction of investors to judge the situation of the company.In special development situation of China,with a completely new perspective of thinking focused on the role of senior women in accounting conservatism,can affect the reality of experience can is the enterprise needs to face up.So the study of female executives and accounting conservatism,especially the effectiveness of the former to the latter analysis is very necessary and meaningful.So based on it,this paper set out to study the relationship between female executives and the effectiveness of accounting conservatism,through deeply analyzing its existence of the female executives in our company,and their background,characteristics and the accountant's core leadership position.This article selects 2011-2015,the Shanghai and Shenzhen two city board of total a-share listed companies as research samples,with the existence of female executives companies as samples.Using Basu's surplus-stock compensation measurement(AT)as the basic model,and using the control variable and keep adding interaction way to return after the deformation.Return to get the following conclusions:First,China's listed companies in accounting conservatism;Second,the existence of the female executives and proportion and robustness were significantly positively related to accounting;Third,senior women's age,education,time in accounting conservatism is related,but significantly different levels;Fourth,female CEOs and accounting conservatism positive association,women's CFO and accounting conservatism negative correlation,but not dramatically.Further tested for robustness and the regression results show that the empirical process of this study is steady,the conclusion is verifiability.To sum up,this thesis set out to the direction of the female executives,and studies the effect of its robustness to the accountant,in order to improve the quality of earnings management and the enterprise management performance,in order to rich female executives and robustness of the accounting theory research.Combined with more subtle empirical analysis,and expanded the two factor theory of value and the study fields,which has very important significance in theory research and practical guiding value.