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Effects of CEO types on firms' risk of financial misreporting

Professor Dr Yuping Jia discusses her research at FS Reporters' Roundtable

(PresseBox) (Frankfurt am Main, ) What determines the risk of financial misreporting of firms? When asked, researchers have traditionally explained variations in misreporting risks by referring to the differences these corporations face in economic and operational circumstances. This explanation, however, does not tally with the common intuition that CEOs and other senior managers exert significant personal influence over reporting choices.

Taking CEOs' past fraudulent behavior (indicating cheating tendency) or testosterone level (indicating risk taking, aggressive, selfish tendency) as proxies of CEO type, based on S&P 1500 sample firms, the studies found that CEO type has a significant effect on the risks of financial misreporting. CEOs who were involved in backdating scandal are more likely to mislead the market about their true performance.

These are some of the aspects Professor Dr Yuping Jia, Assistant Professor of Accounting at Frankfurt School, will discuss with you at the FS Reporters' Roundtable on January 14, 2014 at 7.00 p.m.

Prof Dr Yuping Jia is looking forward to a lively debate in English. You will find more information on Professor Dr Jia and her specialist teaching and research activities on the Frankfurt School website at www.fs.de/jia. We cordially invite you to this topical event. Please note that the FS Reporters' Roundtable is intended solely for media representatives and is not open to the general public. The roundtable takes place on the second Tuesday of every month at 7.00 p.m. on the Frankfurt School campus in Sonnemannstrasse 9-11, 60314 Frankfurt am Main, Germany. Food and drinks are provided!