Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia
Gender diversity of boards and reporting of earnings are two most debated issues in the corporate world.In this context, the paper explores how the presence of women directors on the corporate board influence real earnings management through accretive buyback programs. Using a sample of 601 firms’ o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Macrothink Institute
2017
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| Online Access: | https://repo.uum.edu.my/id/eprint/23628/1/AJFA%209%202%202017%2048%2059.pdf |
| _version_ | 1803628573574037504 |
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| author | Alquhaif, Abdulsalam Saad Abdul Latif, Rohaida Chandren, Sitraselvi |
| author_facet | Alquhaif, Abdulsalam Saad Abdul Latif, Rohaida Chandren, Sitraselvi |
| author_sort | Alquhaif, Abdulsalam Saad |
| collection | UUM |
| description | Gender diversity of boards and reporting of earnings are two most debated issues in the corporate world.In this context, the paper explores how the presence of women directors on the corporate board influence real earnings management through accretive buyback programs. Using a sample of 601 firms’ observations that engage in accretive share buyback from 2010-2015, the findings reveal that existence of women directors on the board is associated with less engagement in accretive share buyback activities. We further find that firms with a higher number of independent directors are less likely to practice real earnings management through accretive buyback programs.Our paper contributes to the debate on gender diversity on boards and its influence on the utilisation of accretive buyback programs as a tool to real earnings management. |
| first_indexed | 2024-07-04T06:24:06Z |
| format | Article |
| id | uum-23628 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:24:06Z |
| publishDate | 2017 |
| publisher | Macrothink Institute |
| record_format | dspace |
| spelling | uum-236282018-03-15T01:33:17Z https://repo.uum.edu.my/id/eprint/23628/ Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia Alquhaif, Abdulsalam Saad Abdul Latif, Rohaida Chandren, Sitraselvi HF5601 Accounting Gender diversity of boards and reporting of earnings are two most debated issues in the corporate world.In this context, the paper explores how the presence of women directors on the corporate board influence real earnings management through accretive buyback programs. Using a sample of 601 firms’ observations that engage in accretive share buyback from 2010-2015, the findings reveal that existence of women directors on the board is associated with less engagement in accretive share buyback activities. We further find that firms with a higher number of independent directors are less likely to practice real earnings management through accretive buyback programs.Our paper contributes to the debate on gender diversity on boards and its influence on the utilisation of accretive buyback programs as a tool to real earnings management. Macrothink Institute 2017 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/23628/1/AJFA%209%202%202017%2048%2059.pdf Alquhaif, Abdulsalam Saad and Abdul Latif, Rohaida and Chandren, Sitraselvi (2017) Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia. Asian Journal of Finance & Accounting, 9 (2). p. 48. ISSN 1946-052X http://doi.org/10.5296/ajfa.v9i2.11752 doi:10.5296/ajfa.v9i2.11752 doi:10.5296/ajfa.v9i2.11752 |
| spellingShingle | HF5601 Accounting Alquhaif, Abdulsalam Saad Abdul Latif, Rohaida Chandren, Sitraselvi Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title | Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title_full | Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title_fullStr | Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title_full_unstemmed | Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title_short | Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia |
| title_sort | women in board of directors and real earnings management accretive share buyback in malaysia |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/23628/1/AJFA%209%202%202017%2048%2059.pdf |
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