Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms
The purpose of this research is to determine the impact of female board members on firm performance. This study employed a purposive sampling technique with a research sample comprised of 264 non-financial companies listed on the Indonesia Stock Exchange between 2013 and 2019. As proxies for the in...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Universidad Católica de Colombia
2024-01-01
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| Series: | Revista Finanzas y Política Económica |
| Subjects: | |
| Online Access: | https://revfinypolecon.ucatolica.edu.co/article/view/4955 |
| _version_ | 1797335973299748864 |
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| author | Gatot Nazir Ahmad Dicky Iranto Edo Siregar Dianta A. Sebayang |
| author_facet | Gatot Nazir Ahmad Dicky Iranto Edo Siregar Dianta A. Sebayang |
| author_sort | Gatot Nazir Ahmad |
| collection | DOAJ |
| description |
The purpose of this research is to determine the impact of female board members on firm performance. This study employed a purposive sampling technique with a research sample comprised of 264 non-financial companies listed on the Indonesia Stock Exchange between 2013 and 2019. As proxies for the independent variable of females in the boardroom, this study examines female directors' presence, a dummy variable for female CEOs, the proportion of female directors, and female directors' business ability. The return on assets (ROA), return on equity (ROE), and Tobin's Q are all proxies for gauging corporate performance. This study's analysis technique is robust regression analysis. Female board members had the greatest influence on firm performance, according to the findings. Overall, the female CEO dummy serves as a proxy for the strength of the company's performance.
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| first_indexed | 2024-03-08T08:47:17Z |
| format | Article |
| id | doaj.art-6dcee90d76bf4672ae36ebc52ddc1b98 |
| institution | Directory Open Access Journal |
| issn | 2248-6046 2011-7663 |
| language | English |
| last_indexed | 2024-03-08T08:47:17Z |
| publishDate | 2024-01-01 |
| publisher | Universidad Católica de Colombia |
| record_format | Article |
| series | Revista Finanzas y Política Económica |
| spelling | doaj.art-6dcee90d76bf4672ae36ebc52ddc1b982024-02-01T15:22:05ZengUniversidad Católica de ColombiaRevista Finanzas y Política Económica2248-60462011-76632024-01-0116110.14718/revfinanzpolitecon.v16.n1.2024.3Female in The Boardroom and Firm Performance: An Insight of Indonesia’s FirmsGatot Nazir Ahmad0Dicky Iranto 1Edo Siregar 2Dianta A. Sebayang3Universitas Negeri JakartaUniversitas Negeri JakartaUniversitas Negeri JakartaUniversitas Negeri Jakarta The purpose of this research is to determine the impact of female board members on firm performance. This study employed a purposive sampling technique with a research sample comprised of 264 non-financial companies listed on the Indonesia Stock Exchange between 2013 and 2019. As proxies for the independent variable of females in the boardroom, this study examines female directors' presence, a dummy variable for female CEOs, the proportion of female directors, and female directors' business ability. The return on assets (ROA), return on equity (ROE), and Tobin's Q are all proxies for gauging corporate performance. This study's analysis technique is robust regression analysis. Female board members had the greatest influence on firm performance, according to the findings. Overall, the female CEO dummy serves as a proxy for the strength of the company's performance. https://revfinypolecon.ucatolica.edu.co/article/view/4955Boardroombusiness expertisefemale directorgender diversityrobust regression |
| spellingShingle | Gatot Nazir Ahmad Dicky Iranto Edo Siregar Dianta A. Sebayang Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms Revista Finanzas y Política Económica Boardroom business expertise female director gender diversity robust regression |
| title | Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms |
| title_full | Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms |
| title_fullStr | Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms |
| title_full_unstemmed | Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms |
| title_short | Female in The Boardroom and Firm Performance: An Insight of Indonesia’s Firms |
| title_sort | female in the boardroom and firm performance an insight of indonesia s firms |
| topic | Boardroom business expertise female director gender diversity robust regression |
| url | https://revfinypolecon.ucatolica.edu.co/article/view/4955 |
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