Pengaruh Board Diversity Pada Nilai Perusahaan Dalam Perspektif Corporate Governance

Abstract

Board composition is one particular issue regarding corporate governance. This study aims to find empirical evidence regarding the effect of board diversity proxied by gender diversity, nationality diversity, educational background, and the proportion of outside directors on firm value. This research was conducted in basic industrial and chemical manufacturing companies listed on the Indonesia Stock Exchange with an observation period of 3 years, those of from 2015-2017. The method of determining the sample uses a purposive sampling. The sample of this study amounted to 39 companies with a total of 117 samples. Based on the results of the analysis, it can be concluded that gender diversity and the proportion of outside directors have no effect on firm value while there is a positive effect between nationality diversity and educational background on firm value.
 Keywords: Board diversity, corporate governance, and firm value.

Diversitas Dewan Komisaris Pada Perusahaan Digital Kreatif Dan Kinerja Keuangan

“…al., 2020;Salsabila et.al., 2021). Beberapa penelitian berpendapat perbedaan karakteristik dari dewan komisaris atau diversitas dewan memegang peranan penting dalam melakukan pengawasan terhadap tata Kelola perusahaan (corporate governance) (Rahayu dan Nugroho, 2014;Górska, 2016;Hassan dan Marimuthu, 2016;Sproten et al, 2018;Hamdani dan Hatane, 2017;Mintah dan Schadewitz, 2018;Issa et al, 2019;Saputra, 2019;Yogiswari dan Badera, 2019;Ramdhania et al, 2020;Putri, 2020;Putri, 2020;).…”

“…Akan tetapi jelas, jika dewan komisaris didominasi oleh warga negara Indonesia, akan dapat lebih mudah memahami budaya organisasi dan pola piker manajer dalam mengambil keputusan serta kebiasaan dan pola kondisi ekonomi makro yang tidak dimiliki oleh dewan komisaris asing. Hal ini membawa dampak perbedaan terhadap pola pengawasan terhadap aktivitas manajer sehingga pada akhirnya dapat berdampak pada kinerja keuangan perusahaan (Saputra, 2019, Yogiswari dan Badera, 2019. H5 : Diversitas Kebangsaan Dewan Komisaris berpengaruh signifikan pada Nilai Perusahaan.…”

The Influence of Gender, Nation, Education, and Age of Board Members on the Company’s Financial Performance

“…The meaning is the diversity in board members in terms of characteristics informing the public about their opinion [4]. NACD is of the opinion, in determining who will be elected as a board member, considering diversity in the election of board members [38]. The composition of the board of commissioners and directors' board is increasingly diverse, so there are many options for resolving issues that are happening in the company.…”

“…Board members who are foreign nationals, are diversity, offer benefits for the firm, namely the presence of board members who have broader work experience, adding more information and experience to the company, convincing investors that the company is operated professionally [38]. Therefore, the research results Estélyi and Nisar [15] are board members who are foreign nationals can improve the company's financial performance, and the proposed hypothesis is: H2: The nationality of board members has a positive effect on the company's financial performance.…”

CSR Disclosure on Earnings Management with the Presence of Women in the GCG Structure

“…Salancik & Pfeffer (1978) who developed the resource dependence theory explained the role of the board of directors and the board of commissioners. There are two views that explain the role of the board of directors and commissioners in the company, namely the environmental linkage perspective and the internal control function (Yogiswari & Badera, 2019) while the audit committee assists the board of commissioners in the financial statement oversight function. Khabibah & Suryatimur (2019) suggests that from the perspective of gender theory, a person's gender determines his behavior.…”