Age diversity of audit committee financial experts, ownership structure and earnings management: Evidence from China

The extant literature has shown the impact of demographic characteristics such as gender audit committee members on earnings management but ignored importance board room's age diversity. Going beyond prior literature, our study aims to examine how diversity financial experts (ACFEs) influences reporting quality Chinese non-financial firms. We found a negative relationship between ACFEs' and earning management. Our findings also show that younger ACFEs mitigate compared older ACFEs. further examined this among state-owned enterprises (SOEs) privately owned in China confirmed differently. However, working SOEs mitigates than their counterpart companies. result maintains its robustness after controlling for endogeneity employing different measure relevance selecting committee's overall composition, showing including will ensure more efficient control firms' This finding is relevant policymakers, especially regulators, offering them insight into promoting effectiveness.