Lapointe‐Antunes, Pascale
[Verfasser:in]
;
Veenstra, Kevin J.
[Sonstige Person, Familie und Körperschaft];
Brown, Kareen
[Sonstige Person, Familie und Körperschaft];
Li, Heather
[Sonstige Person, Familie und Körperschaft]
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 13, 2020 erstellt
Beschreibung:
We examine the influence of face-based judgments of CFO/CEO honesty on earnings management for the largest publicly traded companies in America. After controlling for incentives and opportunities to manage earnings, CFOs and CEOs perceived to be less honest engage in higher levels of both accruals and real earnings management. The beneficial impact of perceived honesty on earnings quality is most pronounced when both the CFO and the CEO are perceived to be honest. Findings are consistent with our conjecture that both the CFO and CEO independently contribute to a firm's reporting environment and Kahneman's (2003) findings that many aspects of person perception can be considered to be “intuitive”