STRUKTUR KEPEMILIKAN DAN DIVERSITAS GENDER DALAM KINERJA PERUSAHAAN

• Main Author: EKA SHELVIANI (Student ID: 2901428), KICKY
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/22830
• Institution: Institut Teknologi Bandung

People who are interested and concerned in investment will look for companies that show high performance. The firm performance is the important aspect that investor need to evaluate. It can be a consideration for investors to decide whether invest their money to the company or not. There are many variables that can affect the firm performance, such as gender diversity and ownership structure. The connection between ownership structure, gender diversity, and firm performance has been the subject of an important and ongoing debate in the corporate finance literature. <br /> <br /> <br /> The present study investigates the influence of board member diversity and concentration ownership of the Indonesian listed firms on financial performance, which is measured by Tobin’s q, as the market-based performance measure. This study uses insider ownership, institutional ownership, and the largest shareholder as proxy for ownership structure and gender as proxy for diversity. The data comprises non-financial companies listed on the Indonesia Stock Exchange (IDX) for the period 2009-2014. The hypothesis is tested by panel data method. <br /> <br /> <br /> The findings of this study indicated that each of the variables tested had different effects on each sector. There were the same variables that had significant relationship even on the different sector. Gender diversity only has significant relationship with firm performance at the agricultural, miscellaneous industry sector, and the property, real estate, and building construction sector. Ownership structure only has significant relationship with firm performance at the miscellaneous industry, consumer goods industry and the infrastructure, utilities, and transportation sector.