女性高管比例会影响会计稳健性吗？——基于企业社会责任信息披露的中介效应检验

高管性别在企业社会信息披露和会计行为选择中扮演着重要的角色。2013—2018年深沪A股上市公司企业社会责任信息等相关数据，为对我国上市公司的高管性别特征、企业社会责任信息披露与公司会计稳健性的关系提供了研究依据。研究结果显示：女性高管占比较高的公司会计稳健性更高，并且更倾向于披露社会责任信息；企业社会责任信息披露在女性高管占比与会计稳健性之间的关系中起到中介作用；女性高管能够让社会责任披露质量更高；国有企业和民营企业中社会责任信息披露对会计稳健性均产生显著正向影响。因此要提高会计稳健性，完善公司治理机制，促进资本市场健康发展，一方面政府监管机构需要完善信息披露制度，另一方面企业应充分发挥女性高管的优势，建立科学完善的人才选拔和任命机制。

Will the Proportion of Female Executives Affect Accounting Conservatism?—Test of Intermediary Effect Based on Corporate Social Responsibility Information Disclosure

Executive gender plays an important role in corporate social information disclosure and accounting behavior.Based on the relevant data of corporate social responsibility information of Shenzhen and Shanghai A-share listed companies from 2013 to 2018,this paper studies the relationship between senior executives' gender characteristics,corporate social responsibility information disclosure and corporate accounting conservatism of listed companies in China.The results show that companies with a higher proportion of female executives have higher accounting conservatism and are more inclined to increase the disclosure of social responsibility information.In the theoretical analysis,it is confirmed that corporate social responsibility information disclosure plays an intermediary role in the relationship between the proportion of female executives and accounting conservatism.Further research found that in companies that disclose social responsibility information,female executives can make higher quality of social responsibility disclosure.Social responsibility information disclosure in both the state-owned enterprises and private enterprises has a significant positive impact on accounting conservatism,despite the differences between them.Therefore,it is necessary to improve the conservatism of accounting,improve the corporate governance mechanism,and promote the healthy development of the capital market.On the one hand,government regulators need to improve the information disclosure system;on the other hand,enterprises should give full play to the advantages of female executives and establish a scientific and sound talent selection and appointment mechanism.