scholarly journals The effect of the board diversity on firm performance: An empirical study on the UK

2021 ◽  
Vol 18 (3, special issue) ◽  
pp. 337-347
Author(s):  
Rehab EmadEldeen ◽  
Ahmed F. Elbayoumi ◽  
Mohamed A. K. Basuony ◽  
Ehab K. A. Mohamed
Keyword(s):  
Firm Performance ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Cross Sectional ◽  
Board Diversity ◽  
Age Diversity ◽  
The Board Of Directors ◽  
Negative Effect ◽  
The Uk ◽  
Positive Effect

This study aims at filling existing research by examining the effect of board composition specially board diversity on firm performance using cross-sectional data from London Stock Exchange (FTSE 350) of non-financial companies with a total observations 3961 companies for the years 2000–2016. To the best of our knowledge, the contribution of this paper is to examine the effect of board diversity (age, gender, education, and nationality) of FTSE 100 and FTSE 250 on firm performance. Our results indicate that age diversity has a negative effect on firm performance, which means that young board members enhance and increase firm performance. Furthermore, education diversity has a negative effect on firm performance. On the other hand, gender diversity has positive effect on firm performance, so if companies increase the number of females in the board of directors, firm performance will increase. Ultimately, our result reveals that nationality diversity has a positive effect on firm performance.

scholarly journals Keberagaman Gender Dewan Komisaris dan Direksi terhadap Kinerja Perusahaan

2020 ◽  
Vol 30 (8) ◽  
pp. 2040
Author(s):  
Sinye Polani Thoomaszen ◽  
Widi Hidayat
Keyword(s):  
Stock Exchange ◽  
Gender Diversity ◽  
Panel Regression ◽  
Company Performance ◽  
Quantitative Methodology ◽  
Analysis Techniques ◽  
The Board Of Directors ◽  
Negative Effect ◽  
Board Gender Diversity ◽  
Positive Effect

This study examined the influence of board gender diversity on the firm performance.the research sample use property and health companies listed in Indonesia stock exchange 2015-2018. total 30 companies. use quantitative methodology with panel regression data analysis techniques were used in this study. The results showed that the gender diversity of the board of commissioners did not have a positive effect on company performance (H1 was rejected) while the gender diversity of the board of directors had a negative effect on company performance (H2 rejected). SIZE and ID control variables also showed significant effect on company performance. For further research it is recommended to use two other methods such as Dummy or gender proportion to measure gender diversity so that the results can be compared, as well as more research data. Keywords: Board Gender Diversity; Firm Performance; Size; Independen Director.

scholarly journals Influence Of Gender Of The Board Of Directors On Firm Performance With The Intensity Of Innovation As Moderate Variable

2021 ◽  
Vol 15 (2) ◽  
pp. 198-216
Author(s):  
Hidayati Nur Rochmah ◽  
Hayyu Rachma Annisa ◽  
Wisudanto Mas Soeroto
Keyword(s):  
Firm Performance ◽  
Board Of Directors ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Secondary Data ◽  
Company Performance ◽  
Board Diversity ◽  
Creative Solutions ◽  
The Board Of Directors ◽  
Innovation Intensity

ABSTRACT This study aims to examine the role of innovation intensity in moderating the influence of board gender on company performance. This study uses quantitative data with data sources in secondary data, which will be processed using SPSS 22 software. This study's population are non-financial companies listed on the Indonesia Stock Exchange for the period 2014-2018 with 690 observations. This study found that board diversity has a positive effect on company performance. The higher the level of board diversity in this case the gender in a board, the higher the level of firm performance. The gender of the board of directors can help in making decisions because there are different perspectives on the discussion. Different perspectives will create a sense of caution which can help prevent risks. Besides, this study also found that the intensity of innovation could strengthen or moderate the effect of board diversity on firm performance. The company's intensity of innovation is higher when there are women on its board of directors. This is because various perspectives are important to be able to provide creative solutions, such as innovation. The intensity of innovation can increase when there is gender diversity on the board of directors to make firm performance increase.

scholarly journals The Effect of Board Diversity on Real Earnings Management: Empirical Evidence From Jordan

2019 ◽  
Vol 10 (5) ◽  
pp. 495
Author(s):  
Ahmad Almashaqbeh ◽  
Hasnah Shaari ◽  
Hijattulah Abdul-Jabbar
Keyword(s):  
Earnings Management ◽  
Stock Exchange ◽  
Real Earnings Management ◽  
Standard Errors ◽  
Board Members ◽  
Quantitative Methodology ◽  
Board Diversity ◽  
Age Diversity ◽  
Amman Stock Exchange ◽  
The Board Of Directors

This study considers the effect of foreign board members and age diversity on real earnings management (REM), by controlling the firm size, leverage and growth. This study employed quantitative methodology and longitudinal data for non-financial business firms, quoted on the Amman Stock Exchange from 2011 to 2015. Data were analysed using descriptive statistics and Panel Corrected Standard Errors (PCSE) regression. This study found that foreign boards member, age diversity, leverage and growth had negative and significant associations with REM. Based on the results, a firm should appoint young members to the board in addition to older members to pave the way to cross-ideology that can deter REM activities. At least one foreign director should exist within the board of directors because a foreign board member has different qualifications and experiences that may help to deter REM practices.

Determinan Kinerja Keuangan Yang Ditinjau Dari Good Corporate Governance, Leverage dan Ukuran Perusahaan (Sub. Sector Perusahaan BUMN yang Terdaftar Di BEI tahun 2013-2018)

Owner ◽  
2020 ◽  
Vol 4 (2) ◽  
pp. 336
Author(s):  
Lola Dwi Antikasari ◽  
Rosa Nikmatul Fajri ◽  
Riana R Dewi
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Linear Regression Method ◽  
Good Corporate Governance ◽  
The Board Of Directors ◽  
Negative Effect ◽  
Positive Effect

Financial performance as a benchmark for the success of the company's work in a certain period. Financial performance is also used as a basis for determining the company's strategy in the future. The purpose of this study is to analyze the effect of good corporate governance (board size), leverage (DER) and company size on financial performance (ROA). This study uses a population of 120 data from SOE companies listed on the Indonesia Stock Exchange in 2013-2018. And produced a sample of 78 company data. The sampling technique uses purposive sampling. The research instrument in the form of documentation (taking company financial statements). Data analysis method used is multiple linear regression method. The results showed that the size of the board of directors had a positive effect on financial performance. The leverage variable has a negative effect on financial performance. While the size of the company has no effect on financial performance. The benefits of this study are as a reference for further research. Besides that, it can be used as a management guideline in analyzing the company's financial performance.

scholarly journals Gender Diversity, Board Composition, Intellectual Capital and Its Effect on Firm Performance

2021 ◽  
Vol 10 (1) ◽  
pp. 62-76
Author(s):  
Rehgita Ayu Lestari
Keyword(s):  
Firm Performance ◽  
Board Of Directors ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Fixed Effect Model ◽  
Political Connection ◽  
Effect Model ◽  
The Board Of Directors ◽  
Model Approach

The purpose of this study was to analyze the influence of gender diversity, board of directors, board of commissioner, independent commissioner, and intellectual capital on firm performance. The population in this study is all consumer goods industry sector companies listed on the Indonesia Stock exchange for the period 2014-2018. Sampling in this study using purposive sampling, as many as 40 companies were selected as samples with a total 200 observation. The analysis method used in this research is regression analysis with fixed effect model approach and hypothesis testing. The result showed that the board of directors, the proportion of independent commissioner, and intellectual capital have positve and significant effect on firm performance. Menwhile, gender diversity and the board of commissioner have no effect on firm performance. The advice provide is for investors and companies to pay attention and conside the variables that effect on firm performance such as the board of directors, the proportion of independent commissioners and intellectual capital as a consideration to assess the firm performance. As forfurther research, the gender diversity variable can be measured using other proxies such as the blau index or so on. Firthermore, researcher are also expected to add other independent variables that affect on firm performance such as political connection, firm size, and manajerial ownership

scholarly journals Analisis Pengaruh Diversitas Gender, Kepemilikan Institusional, dan Ukuran Perusahaan terhadap Kinerja Keuangan

2018 ◽  
Vol 16 (1) ◽  
pp. 64 ◽  
Author(s):  
Dewi Sri ◽  
Lisaime .
Keyword(s):  
Financial Performance ◽  
Board Of Directors ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Institutional Ownership ◽  
Manufacturing Companies ◽  
The Board Of Directors ◽  
Positive Effect

Research on the analysis of the effect of gender diversity, institutional ownership, and firm size on financial performance using the population of manufacturing companies listed on the Indonesia Stock Exchange (IDX). Sampling was done by purposive sampling method as many as 65 companies. This study wants to see the effect of gender diversity, institutional ownership, and firm size on financial performance. Based on the results of testing the hypothesis obtained that Ha is accepted, namely institutional ownership has a positive effect on financial performance. While the hypothesis for the gender of the board of directors, the gender of the board of directors and the size of the company shows that H0 is accepted, namely the gender of the board of directors, the gender of the board of directors, and the size of the company does not have a positive effect on financial performance

scholarly journals EKSPLORASI DIVIDEND SMOOTHING DAN BOARD DIVERSTY PADA NILAI PERUSAHAAN TERDAFTAR DI BURSA EFEK INDONESIA

2020 ◽  
pp. 41
Author(s):  
NI Wayan Yuniasih ◽  
Ni Putu Ayu Kusumawati
Keyword(s):  
Stock Prices ◽  
Firm Value ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Free Cash Flow ◽  
Company Size ◽  
Board Diversity ◽  
Public Companies ◽  
Dividend Smoothing ◽  
Negative Effect

This study aims to test the signaling effect of dividend smoothing policies and board diversity in public companies in Indonesia. Board diversity in this study is seen from the gender diversity and nationality of members of the board of directors and commissioners. Public companies are chosen because investor responses can be reflected in stock prices. To get valid results, this study adds company size and industry type as control variables. This is to avoid differences in research results due to differences in company size and type of industry in the Indonesian capital market. This research was conducted on 125 companies listed on the Indonesia Stock Exchange during the 2014-2016 periods. Samples were selected with several criteria, namely the company distributing dividends during the observation period and have complete data in accordance with research needs. Hypothesis testing will be carried out by the multiple regression method that is preceded by testing the classical assumptions. The test results found that dividend smoothing, gender, and company size had a positive effect on firm value. On the other hand, the type of industry has a negative effect on firm value. Only one variable, namely the presence of foreign board members does not affect the value of the company. If seen from the adjusted R2 value of 0.159, all these variables are only able to explain 15.9% of the company's value variables. This means that there are other variables that also affect the value of the company that are not included in this study. Therefore further research can add other variables that might affect the value of the company such as corporate social responsibility or free cash flow.

scholarly journals Corporate Governance dan Kinerja Keuangan pada BUMN yang terdaftar di BEI

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Nur Hidayah Al Amin ◽  
Samsul Rosadi
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Board Of Directors ◽  
Stock Exchange ◽  
T Test ◽  
Board Meeting ◽  
Independent Variables ◽  
The Board Of Directors ◽  
Negative Effect ◽  
Positive Effect

his study aims to examine the effect of Corporate Governance on financial performance by state-owned companies listed on the Indonesia Stock Exchange in 2014-2017. The aspects of Corporate Governance in this study are represented by the size of the board of commissioners, the proportion of independent commissioners, board of commissioners meetings, the size of the board of directors, and board of directors meetings. The results of the F test show that all independent variables simultaneously influence financial performance. Based on the results of the t test it can be concluded that the size of the board of commissioners has a negative effect on financial performance. The number of board meetings is reported to have a positive effect on financial performance. While the board of commissioners meeting, the size of the board of commissioners has no effect on financial performance. Keywords: board of commissioners size, board of commissioners meeting, board size, board meeting, financial performance

scholarly journals Pengaruh struktur kepemilikan terhadap kinerja perusahaan manufaktur yang terdaftar di bursa efek Indonesia

2020 ◽  
Vol 2 (4) ◽  
pp. 186
Author(s):  
Neneng Wahida ◽  
Rahmiati Rahmiati ◽  
Yolandafitri Zulvia
Keyword(s):  
Firm Performance ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Negative Effect ◽  
Positive Effect

The purpose of this study is to examine the effect of ownership structure on the firm performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX).  This research is a causative study. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange for the period 2013-2018. This study uses secondary data published in the Indonesian Stock Exchange (IDX). Based on data collection, a sample of 75 companies from 144 listed manufacturing companies was obtained. The analytical method used is Multiple Regression using SPSS 24 data processing applications. The results of this study conclude (1) Family Ownership does not have a significant positive effect on firm performance (2) Managerial Ownership has a significant negative effect on firm performance (3) Institutional Ownership has a significant positive effect on firm performance (4) Foreign ownership does not have a significant positive effect on firm performance.  Keywords: Ownership structure, firm performance, Indonesia Stock Exchange.

Types of director, board diversity and firm performance

2020 ◽  
Vol 20 (2) ◽  
pp. 324-342 ◽  
Author(s):  
Miguel A. Fernández-Temprano ◽  
Fernando Tejerina-Gaite
Keyword(s):  
Firm Performance ◽  
Gender Diversity ◽  
Performance Impact ◽  
Board Diversity ◽  
Content Type ◽  
Performance Effect ◽  
Negative Effect ◽  
And Performance ◽  
The One ◽  
The Impact

Purpose The purpose of this paper is to investigate the effect of board diversity on firm performance. Design/methodology/approach From different theories perspective and based on data collected about the composition of board of directors in Spanish non-financial firms, the paper determines statistically the relationship between board diversity and performance for the period 2005-2015. Findings The results reveal differences between inside and outside board members in terms of the performance impact of board diversity. Thus, while age diversity has a positive effect on firm performance in both, insider and outsider directors, nationality mix is associated with higher performance levels just in the case of insiders. In addition, educational diversity seems to have a negative effect on performance for supervisory directors. On the contrary, the authors do not find any evidence about a possible influence of gender diversity on performance. Research limitations/implications The authors are just taking some board’s attributes, but the concept of board diversity is a very wide one. In this regard, less traditional methodologies that do not rely on extant archival databases may be necessary to get a deeper understanding of the impact of boards on firm’s performance. Practical implications This study demonstrates that the claim of “one size fits all” often implicitly stated by regulators and advisors is misleading. Board’s attributes analysis over the boardroom as a whole turns out in too simplistic conclusions. This is particularly important for regulators: a rigorous analysis should be performed before including general recommendations about, for instance, the age or the board tenure in corporate governance codes. Social implications As diverse boards contribute to a greater social value, the paper analyses the performance consequences of demographic diversity. Originality/value The paper analyses the firm performance impact of diversity among insider directors, on the one hand, and outsider directors, on the other. Although there is a clear difference between the roles assigned to insider and outsider directors, to the authors’ knowledge, there has been no analysis of the firm performance effect of the diversity of each type of director using the same sample and methodology.

Sign in / Sign up

Export Citation Format

Share Document