Female managers believe that compensation laws can be effective in restoring a sense of confidence, so attention is paid to the issue of compensation for managers; Accordingly, the main purpose of this study is to investigate the role of female managers in the relationship between earnings management and CEO compensation in companies listed on the Tehran Stock Exchange. This research is of an applied type, semi-experimental in terms of research approach, and descriptive-correlation in terms of cognitive method. The statistical population of this study included companies listed on the Tehran Stock Exchange for the period 2013 to 2018. The number of study samples was determined to be 129 companies. Regression and correlation analysis were used to analyze the hypotheses, and Eviews software was used for statistical calculations. The results of the study showed that there is a negative and significant relationship between earnings management and CEO compensation. On the other hand, female managers negatively and significantly moderate the relationship between earnings management and CEO compensation.