The Effect of CEO Social Influence Pressure and CFO Accounting Experience on CFO Financial Reporting Decisions
研究CEO不当社会影响压力（请求或命令）和CFO会计经验如何影响CFO修改财务报告以达成盈利目标的决策，发现两种压力均显著增加CFO修改意愿，但CFO经验越丰富越少修改。
SUMMARY The purpose of this study is to test the effects of inappropriate CEO social influence pressure and CFO accounting experience on CFOs' reporting judgments and decisions. Specifically, we use a sample of 69 highly experienced public company CFOs to evaluate the extent that inappropriate compliance or obedience pressure from the CEO to revise financial reporting to meet an earnings target affects CFO revision decisions. The results indicate that compliance pressure (a request) and obedience pressure (an order) from the CEO significantly (and similarly) increase CFO willingness to revise their initial inventory adjustments. Although both types of pressure from CEOs impact CFOs' financial reporting decisions, compliance pressure did not create increased levels of perceived pressure. The results also reveal an inverse relation between CFO accounting experience and revision of the initial estimate. Finally, CFOs who acquiesce to CEO pressure maintain their personal responsibility for the adjustment, contrary to obedience theory, but consistent with the intent of SOX Section 302 certification requirements.