THE EFFECTS OF FEMALE PARTICIPATION ON THE BOARD OF DIRECTORS AND FAMILY CONTROL ON REAL EARNINGS MANAGEMENT
DOI :
https://doi.org/10.4270/ruc.2025107Mots-clés :
Female Representation on the Board of Directors, Family Control, Real Earnings ManagementRésumé
Evidence suggests that the board of directors represents a crucial instrument for reducing real earnings management practices. In this scenario, this study aims to analyze the relationship between female participation on the board of directors and the level of Real Earnings Management in Brazilian companies listed on the Brazil Stock Exchange - B3 from 2010 to 2024. The literature shows that family businesses tend to be influenced beyond corporate interests, aligning more closely with the dynamics of family relationships. Therefore, the presence of women is beneficial for governance and the reduction of financial earnings management. In this sense, the study assumed that these female directors could act, from their family roles, as positive influences on the board of directors. The findings confirm that, in family-controlled companies, female participation on the board of directors is associated with a reduction in real earnings management practices. This finding indicates that, when women assume leadership roles in these organizations, they have a positive impact on strategic decisions, particularly in matters related to ethics and transparency. These results highlight the importance of gender diversity in the corporate governance of family firms, promoting greater credibility and integrity in accounting practices. Therefore, this research contributes to a broader understanding of the Brazilian corporate landscape regarding gender diversity and its effects on earnings management practices.
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