Abstract

This study examines the relationship between corporate social responsibility (CSR) reporting, board gender diversity (BGEND) and real earnings management (REM). It also investigates how the relationship between CSR reporting and REM differs between gender-diverse and non-diverse firms. Content analysis was used to measure CSR reporting. The ordinary least square regression is used to examine the relationships for a sample of 475 firm-year observations listed on the Amman Stock Exchange during 2011–2016. The results show that CSR reporting is significantly and negatively associated with REM in the Jordanian market. Nevertheless, BGEND is negatively and significantly related to REM. More importantly, the results show that BGEND moderates the CSR-REM relationship. Further, when the sample is split into board gender-diverse and non-diverse firms, the CSR-REM significant negative relationship is evident only in the former, corroborating the moderating role of the BGEND in Jordan. This study contributes to the literature on CSR, BGEND, and REM by offering evidence for the moderating role of BGEND on the CSR-REM relationship, supporting the view that females are more sensitive to ethics. Regulators and stakeholders should be aware of the potential effect of engagement in CSR reporting and the benefits of having a gender-diverse board on financial reporting quality.

摘要

这项研究检查了企业社会责任（CSR）报告，董事会性别多元化（BGEND）和实际收益管理（REM）之间的关系。它还调查了性别多元化和非多元化企业之间的CSR报告与REM之间的关系如何不同。内容分析用于衡量CSR报告。普通最小二乘回归用于检验在2011–2016年间在安曼证券交易所上市的475个公司年观测值样本的关系。结果表明，在约旦市场中，CSR报告与REM呈显着负相关。然而，BGEND与REM负相关且显着相关。更重要的是，结果表明BGEND可以缓和CSR-REM关系。此外，当样本分为董事会性别多元化和非多元化的公司时，仅在前者中，CSR-REM显着的负相关是明显的，证实了BGEND在约旦的调节作用。这项研究通过提供证据说明BGEND在CSR-REM关系中的调节作用，为有关CSR，BGEND和REM的文献做出了贡献，支持了女性对道德更敏感的观点。监管者和利益相关者应该意识到参与企业社会责任报告的潜在影响以及建立性别多元化委员会对财务报告质量的好处。支持女性对道德更敏感的观点。监管者和利益相关者应该意识到参与企业社会责任报告的潜在影响以及建立性别多元化委员会对财务报告质量的好处。支持女性对道德更敏感的观点。监管者和利益相关者应该意识到参与企业社会责任报告的潜在影响以及建立性别多元化委员会对财务报告质量的好处。