GENDER DIVERSITY AS THE MODERATING FACTOR
IN THE INFLUENCE OF FINANCIAL FACTORS ON THE FIRM VALUE:
A STUDY ON COMPANIES LISTED IN KOMPAS 100 INDEX in 2015-2019
Dublin Core
Title
GENDER DIVERSITY AS THE MODERATING FACTOR
IN THE INFLUENCE OF FINANCIAL FACTORS ON THE FIRM VALUE:
A STUDY ON COMPANIES LISTED IN KOMPAS 100 INDEX in 2015-2019
IN THE INFLUENCE OF FINANCIAL FACTORS ON THE FIRM VALUE:
A STUDY ON COMPANIES LISTED IN KOMPAS 100 INDEX in 2015-2019
Subject
firm value, profitability, leverage, current ratio, activity ratio, gender diversity, companies in Kompas 100 index
Description
This study aims to analyze the influence of financial factors on firm value with gender diversity as the moderating variable. Male directors tend to show risk-takers traits, whereas women directors are more risk-averse which become effective in decision-making. Gender diversity is proxied by the presence of women on the board of directors and on the board of commissioners. The samples are companies admitted in Kompas 100 index and listed on IDX from 2015 to 2019. Firm value was measured by using the Tobin's Q formula. The data were processed using Eviews 11. To determine the model for the hypothesis testing, the Chow test and Hausman test were carried out, and fixed effect model was selected. This study proves that the presence of women can weaken the relationship between profitability and firm value, and it can strengthen the relationship between activity ratio and firm value. However, the presence of women cannot strengthen or weaken the influence of leverage and liquidity on firm value. It is recommended that a company has women representation in the structure of the board because women directors have more sensitivity to risk which can compensate the character of male directors who are risk-takers.
Creator
Sri Sumira, Wiwiek Prihandini
Source
https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Date
2022
Contributor
peri irawan
Format
pdf
Language
english
Type
text
Files
Collection
Citation
Sri Sumira, Wiwiek Prihandini, “GENDER DIVERSITY AS THE MODERATING FACTOR
IN THE INFLUENCE OF FINANCIAL FACTORS ON THE FIRM VALUE:
A STUDY ON COMPANIES LISTED IN KOMPAS 100 INDEX in 2015-2019,” Repository Horizon University Indonesia, accessed April 4, 2025, https://repository.horizon.ac.id/items/show/7772.
IN THE INFLUENCE OF FINANCIAL FACTORS ON THE FIRM VALUE:
A STUDY ON COMPANIES LISTED IN KOMPAS 100 INDEX in 2015-2019,” Repository Horizon University Indonesia, accessed April 4, 2025, https://repository.horizon.ac.id/items/show/7772.