Abstracts
Résumé
Nous étudions l’impact du genre du directeur administratif et financier sur le conservatisme comptable. Utilisant un échantillon de 361 firmes françaises entre 2010-2017 nous analysons les flux opérationnels et les accruals afin de déterminer s’il existe une asymétrie dans la reconnaissance des pertes et des gains, preuve de conservatisme. Nos résultats confirment que les femmes adoptent des politiques plus prudentes dans leurs rapports financiers. Elles reconnaissent plus rapidement les pertes contribuant à la constitution d’accruals négatifs représentatifs du conservatisme. L’impact des femmes sur la qualité des rapports financiers milite en faveur de leur participation plus large aux espaces de décision.
Mots-clés :
- Genre,
- Conservatisme comptable,
- Prudence,
- Accruals,
- Directeur Administratif et Financier,
- France
Abstract
In this study, we examine the relationship between CFO gender and accounting conservatism. Using a sample of 361 French companies between 2010 and 2017, we focus on the interaction between operational cash flows and accruals to reflect a more timely loss recognition in firms’ reported earnings. Our results confirm that women CFO adopt more conservative accounting policies. They report more bad news into earnings which indicates higher level of accounting conservatism in firms with female CFO. The impact of CFO gender on earnings quality is therefore important and argues for a broader representation of women in senior decision-making positions.
Keywords:
- Gender,
- Accounting conservatism,
- Prudence,
- Accruals,
- Chief Financial Officer,
- France
Resumen
Examinamos el impacto del género del director administrativo y financiero sobre el conservadurismo contable. Utilizando un panel de 361 firmas francesas entre 2010 y 2017, analizamos los flujos operacionales y los accruals para identificar una asimetría en el reconocimiento de las pérdidas y de las ganancias. Nuestros resultados confirman que las mujeres adoptan políticas más prudentes en sus relaciones financieras. Reconocen más rápidamente las pérdidas, contribuyendo a la constitución de accruals negativos representativos del conservadurismo. El impacto de las mujeres sobre la calidad de las relaciones financieras aboga a favor de su participación más amplia en los ámbitos de decisión.
Palabras clave:
- Género,
- Conservadurismo contable,
- Prudencia,
- Accruals,
- Director administrativo y financiero,
- Francia
Appendices
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