SHANIA, FRANSISCA and ANDRIANI, PAMELA and Soetanto, Tessa Vanina (2023) BOARD DIVERSITY AND CORPORATE RISK: EVIDENCE FROM INDONESIAN LISTED MANUFACTURING COMPANIES IN 2016-2019. [UNSPECIFIED]
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Abstract
Recently, board diversity has become an essential part of the modern business environment. Its awareness rises since it affects how the board carries out its duties, the boards efficacy, and the risk-taking behavior, leading to companies outcomes and value. Therefore, the researchers conducted the study to know the impact of board diversity, precisely, the Board of Commissioner and corporate risk with the diversity of gender, age, nationality, education, and tenure. Board size, market to book ratio, tangibility, leverage, and profitability were used as control variables. This study focused on Indonesias manufacturing companies listed in the IDX during 2016-2019, with 300 sample data collected from 75 companies. The data gathered were further analyzed using multiple linear regression. As a result, nationality diversity, tangibility, leverage, and profitability significantly affect corporate risk. Inversely, diversity of gender, age, education, tenure, the board size, and market-to-book ratio do not significantly affect corporate risk.
Item Type: | UNSPECIFIED |
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Uncontrolled Keywords: | Gender Diversity, Age Diversity; Nationality Diversity; Education Diversity; Tenure Diversity; Corporate Risk. |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
Divisions: | Faculty of Economic > International Business Management Program |
Depositing User: | Admin |
Date Deposited: | 05 Feb 2023 23:49 |
Last Modified: | 06 Feb 2023 23:06 |
URI: | https://repository.petra.ac.id/id/eprint/19910 |
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