Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5107045 | International Business Review | 2017 | 18 Pages |
Abstract
This study examines whether and how top management internationalization is associated with accounting quality. We combine upper echelons perspectives, agency theory, human capital theory and accounting research, and demonstrate that top management internationalization mitigates the level of managerial discretion in financial reporting. By decomposing the top management team, our analysis reveals that higher levels of accounting quality are associated with the internationalization of the CFO, not the internationalization of the CEO. In particular, we find that CFO's international education and international work experience are important factors in higher accounting quality.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Tobias Dauth, Paul Pronobis, Stefan Schmid,