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Lisic, L.L., Neal, T.L., Zhang, I.X., et al. (2016) CEO Power, Internal Control Quality, and Audit Committee Effectiveness in Substance versus in Form. Contemporary Accounting Research, 33, 1199-1237.
https://doi.org/10.1111/1911-3846.12177

has been cited by the following article:

• TITLE: CEO/CFO Relevance and Corporate Earnings Management

  AUTHORS: Mengzhen Wu

  KEYWORDS: CEO-CFO Connectedness, Corporate Earnings Management, CEO Duality, Equity Incentive, CEO Overconfidence

  JOURNAL NAME: Modern Economy, Vol.10 No.3, March 21, 2019

  ABSTRACT: It’s a fact that the CEO-CFO connection will be tighter if they have appointment relationships, which may lead to the disfunction of CFOs in regulating and supervising corporate financial activities. In order to explore the actual influence of CEO-CFO connections, we studied the correlation between CEO-CFO connectedness and the degree of corporate earnings management using the China listed company data from year 2005 to 2014. Results showed that CEO-CFO connections will increase corporate earnings management after considering the year fixed effect and the industry fixed effect. We control for corporate operation, CEO background and corporate governance factors. Further regressions are done using grouped samples divided by company size and ownership structure. The findings remain solid even after considering of numbers of robustness tests. Besides, we find that CEO duality and equity incentive will enhance the positive relationship.