The Effects of Firms’ Board Gender Diversity on Their Financial Statement Fraud by the Considering Role of State Ownership
محورهای موضوعی : Finance
رامین زراعتگری
1
,
Ali Hadavi
2
,
Masoumeh Hasanzadeh Badeli
3
1 - Assistant Professor of Accounting, Department of Accounting, Faculty of Management and Economics, University of Sistan and Baluchestan- Iran
2 - Ph.D. Student, Department of Accounting, Azad University, Sari Branch, Sari, Iran
3 - asters. Student, Department of Accounting, Azad University, Sari Branch, Sari, Iran
کلید واژه: Gender diversity, Financial statement fraud, State ownership, Woman managers. ,
چکیده مقاله :
In this paper, the effects of firms’ board gender diversity on their financial statements fraud are examined by considering the role of state ownership. Using a logistic regression model, the role of female managers in financial statement fraud is examined for Iranian listed companies from 2013 to 2022. The methodology of this study is a quantitative and ex-post and the sample of this research is related to 153 companies on the TSE. The results of research regression analysis showed that there is a negative and significant relationship between firms’ board gender diversity and their financial statements fraud. The results also showed that in the group of non-state firms, there is a negative and significant relationship between firms’ board gender diversity and their financial statements fraud, but this relationship is not significant in the group of state-owned firms. According to the research findings, legislators and corporate supervisors should pass laws to encourages corporate gender diversity or requires the minimum number of female directors. Policymakers must also consider the nature of companies' ultimate controllers; Because state control over companies has conflicting effects on the regulatory effectiveness of board gender diversity.
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