Does CFO serving as board secretary matter for information disclosure? Evidence from China’s listed companies

C-Tier
Journal: Applied Economics
Year: 2022
Volume: 54
Issue: 24
Pages: 2737-2758

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper explores whether duality in the chief financial officer’s (CFO’s) job role (i.e. also serving as board secretary) reduces information asymmetry through higher levels of information transparency, focusing on Chinese publicly listed companies from 2001 to 2018. Our findings reveal that CFOs serving as board secretaries contribute to greater information transparency. The positive effect of CFO duality on information transparency appears to be more pronounced in state-owned enterprises (SOEs) and in firms whose CFO is female and have had a longer tenure. Knowledge of these impacts is critical to building appropriate investment strategies.

Technical Details

RePEc Handle
repec:taf:applec:v:54:y:2022:i:24:p:2737-2758
Journal Field
General
Author Count
2
Added to Database
2026-01-25