Date of Award
Spring 2019
Degree Name
Bachelor of Science (BS)
Advisor(s)
John shon
Abstract
Women continue to be extremely underrepresented at high levels, such as C-suite positions, in the workplace. Although progress has been made, there is still a great deal of advancement to go in the future and thus, it is essential to understand how having women in such roles can impact businesses. Existing research has begun to explore how organizations can benefit from having more females on their leadership teams. To continue to examine the impact of females in the workplace, the objective of this research is to look at the level of accounting conservatism of firms during the last financial crisis, from 2007-2009, to determine if the gender of a firm’s CFO is related to a company’s more conservative accounting practices or not. Other existing research has shown that firms benefit from accounting conservatism during a financial crisis. This research brings together the ideas that firms can benefit from more conservative accounting – particularly during an economic crisis – and from having women in positions of leadership to see if there is any connection between the two. An archival empirical research design was used to collect data and conduct the research. A multivariate regression analysis was estimated to examine what relationship, if any, exists between accounting conservatism and gender. It is expected that firms with female CFOs are more likely to have conservative accounting practices in place than firms with a male CFO during the crisis period. In other words, the relation between conservative accounting and firm value during the crisis period will be more pronounced in the presence of female CFOs.
Recommended Citation
Callan, Grace, "Accounting Conservatism and Gender During the Financial Crisis" (2019). Gabelli School of Business Honors Thesis Collection. 97.
https://research.library.fordham.edu/gabelli_thesis/97
