Dinamika Kinerja Perusahaan: Peran kritis Diversitas Gender Sebagai Variabel Moderasi
DOI:
https://doi.org/10.31851/jmwe.v21i1.14513Keywords:
Gender Diversity, Firm Perfomance, Board Size, National Diversity, Multiple DirectorshipAbstract
ABSTRAK
Fenomena diversitas gender dalam tata kelola perusahaan menjadi sebuah hal yang menarik untuk diamati, terutama di indonesia. Penelitian ini dilakukan guna menguji pengaruh ukuran dewan, usia dewan, keragaman kebangsaan dan rangkap jabatan terhadap kinerja perusahaan serta analisa dampak dimoderasi oleh diversitas gender. Pemilihan sampel dilakukan dengan teknik purposive sampling menghasilkan 301 perusahan non keuangan yang terdaftar di BEI dengan periode data 5 tahun sehingga berjumlah 1,503 data. Pengujian data dilakukan dengan analisis linear berganda. Hasil penelitian memperlihatkan kalau ukuran dewan, usia dewan, keragaman kebangsaan dan rangkap jabatan mempengaruhi kinerja perusahaan. Diversitas gender mampu memperkuat hubungan usia dewan terhadap kinerja perusahaan serta memperkuat hubungan keragaman kebangsaan terhadap kinerja perusahaan.
Kata Kunci: Diversitas Gender, Kinerja Perusahaan, Ukuran Dewan, Keragaman Kebangsaan, Rangkap Jabatan.
ABSTRACT
The phenomenon of gender diversity in corporate governance is an interesting thing to observe, especially in Indonesia. This study aimed to examine the effect of board size, board age, nationality diversity and concurrent positions on firm performance and analyse the impact moderated by gender diversity. The sample selection was conducted using the purposive sampling techniques resulting in 301 non-financial companies listed on the IDX with a 5-year data period totalling 1,503 data. The data were analyzed using multiple linear regression analysis. The results showed that board size, board age, nationality diversity and concurrent positions affect firm performance. Gender diversity is able to strengthen the relationship of board age to firm performance and strengthen the relationship of nationality diversity to firm performance.
Keywords : Gender Diversity, Firm Perfomance, Board Size, National Diversity, Multiple Directorship.
References
Adyani, N. (2022). Pengaruh Gender Diversity Dalam Dewan Direksi, Dewan Komisaris, Dan Komite Audit Terhadap Pengungkapan Sustainability Report Dengan Ukuran Perusahaan ….
Al Farooque, O., Buachoom, W., & Sun, L. (2020). Board, audit committee, ownership and financial performance – emerging trends from Thailand. Pacific Accounting Review, 32(1), 54–81. https://doi.org/10.1108/PAR-10-2018-0079
Alqatan, A. (2019). The association between board diversity, earnings management and firm performance in Kuwait: A research agenda. 254–274. https://doi.org/10.22495/cpr19p14
Arvanitis, S. E., Varouchas, E. G., & Agiomirgianakis, G. M. (2022). Does Board Gender Diversity Really Improve Firm Performance? Evidence from Greek Listed Firms. Journal of Risk and Financial Management, 15(7). https://doi.org/10.3390/jrfm15070306
Darmadi, S. (2011). Board diversity and Firm Performance: The Indonesian Evidence. Corporate Ownership and Control, 9(1 F), 524–539.
Diepen, N. Van. (2015). The effect of gender, age and nationality diversity on company performance - Evidence from the Netherlands. 5th IBA Bachelor Thesis Conference, 1–12.
Eriandani, R., & Kuswanto, C. (2016). Apakah komposisi dewan direksi dan dewan komisaris mempengaruhi pengungkapan corporate social responsibility (CSR). Ekspansi, 8(2), 213–227.
Fariza, J. I. (2010). Analisis Pengaruh Rangkap Jabatan Dewan Komisaris dan Direksi Serta Jumalah Komisaris terhadap Kinerja Perusahaan(Studi Empiris Pada Perusahaan Publik Yang Terdaftar di BEI).
Harymawan, I. (2022). Keragaman Gender Dewan dan Inovasi Perusahaan. Https://Unair.Ac.Id/Keragaman-Gender-Dewan-Dan-Inovasi-Perusahaan/.
IBCWE. (2022). Jumlah Perempuan dalam Posisi Eksekutif di 200 Perusahaan Tercatat Masih Minim. Https://Www.Ibcwe.Id/Event/Dets/261.
Ionascu, M. (2018). Women on Boards and Financial Performance : Evidence from a European Emerging Market. Sustainability, 10. https://doi.org/10.3390/su10051644
Isidro, H., & Sobral, M. (2015). The Effects of Women on Corporate Boards on Firm Value, Financial Performance, and Ethical and Social Compliance. Journal of Business Ethics, 132(1), 1–19. https://doi.org/10.1007/s10551-014-2302-9
Jaafar, A., & El-Shawa, M. (2009). Ownership Concetration, Board Characteristics and Perfomance: Evidence from Jordan Aziz Jaafar* and Mahmoud El-Shawa**. Business, https://pa.
Jao, R., Randa, F., Holly, A., & Gohari, L. (2021). Pengaruh Karakteristik Dewan Direksi Terhadap Kinerja Keuangan Perusahaan Non Keuangan Yang Terdaftar di Bursa Efek Indonesia. AkMen Jurnal Ilmiah, 18(2), 123–134. https://doi.org/10.37476/akmen.v18i2.1427
Kemenpppa (2018). Statistik Gender Tematik Tahun 2018. Https://Www.Kemenpppa.Go.Id/Index.Php/Page/Read/41/2539/Statistik-Gender-Tematik-Tahun-2018.
Kesaulya, F. A., & Febriany, N. (2019). Pengaruh Diversitas Kebangsaan Board of Director dan Kepemilikan Blockholders terhadap Nilai Perusahaan: Studi pada Perusahaan Publik di Indonesia. Kompartemen: Jurnal Ilmiah Akuntansi, 16(2), 60–68. https://doi.org/10.30595/kompartemen.v16i2.2797
Kirana, A. D., & Prasetyo, A. B. (2021). Analyzing Board Characteristics, Ownership Structure and Company Characteristic to CSR Disclosure. Accounting Analysis Journal, 10(1), 62–70. https://doi.org/10.15294/aaj.v10i1.41944
Krisnando. (2019). Pengaruh Return On Asset Terhadap Nilai Perusahaan Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi. Jurnal STEI Ekonomi, 28(01), 97–121. https://doi.org/10.36406/jemi.v28i01.262
Kristina, I. G. A. R., & Wiratmaja, I. D. N. (2018). Pengaruh Board Diversity dan Intellectual Capital pada Nilai Perusahaan. E-Jurnal Akuntansi, 22, 2313. https://doi.org/10.24843/eja.2018.v22.i03.p25
Kurniati, H. (2017). Pengaruh Board Size, Leverage, dan Kualitas Audit terhadap Nilai Perusahaan. Jurnal Keuangan Dan Perbankan, 12(2), 110. https://doi.org/10.35384/jkp.v12i2.22
Li, H., & Chen, P. (2018). Board gender diversity and firm performance: The moderating role of firm size. Business Ethics, 27(4), 294–308. https://doi.org/10.1111/beer.12188
Lückerath-Rovers, M. (2013). Women on boards and firm performance. Journal of Management and Governance, 17(2), 491–509. https://doi.org/10.1007/s10997-011-9186-1
Maghfiroh, V. D., & Utomo, D. C. (2019). Pengaruh Diversitas Gender pada Struktur Dewan terhadap Kinerja Keuangan Perusahaan. Diponegoro Journal of Accounting, 8(3), 1–9.
Mattiara, N. s, Saerang, I. S., & Tulung, J. E. (2020). Pengaruh Kepemilikan Institusional, Board Size Dan Leverage Terhadap Kinerja Keuangan Pada Industri Keuangan Non Bank Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2018. Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 8(3), 306–316.
Panggabean, L. A., Ginting, B., & Sukarja, D. (2023). Aspek Hukum Rangkap Jabatan Direksi Dan Komisaris Pada Perseroan Terbatas Ditinjau Dari Prinsip Good Corporate Governance (GCG). Recht Studiosum Law Review, 02(02), 2985–9867. https://talenta.usu.ac.id/rslr
Rahma, S. N., & Mawardi, W. (2023). Pengaruh Board Diversity Terhadap Kinerja Perusahaan Dengan Kepemilikan Institusional Sebagai Variabel Moderating. Diponegoro Journal of Management, 12(1), 1–14. http://ejournal-s1.undip.ac.id/index.php/dbr
Ramdhania, D. L., Yulia, E., & Leon, F. M. (2020). Pengaruh Gender Diversity Dewan Direksi dan CEO terhadap Nilai Perusahaan Sektor Property, Real Estate dan Pembangunan Di Indonesia. Jurnal Wacana Ekonomi, 19(02), 085–097. https://journal.uniga.ac.id/index.php/JA/article/view/891
Roika, R., Salim, U., & Sumiati, S. (2019). Pengaruh Keragaman Dewan Direksi Terhadap Kinerja Keuangan Perusahaan. 15(2), 115–128.
Rompis, N. K., Worang, F. G., & Tulung, J. E. (2018). Pengaruh Ukuran Dewan, Keberagaman Usia Dan Keberagaman Gender Terhadap Kinerja Keuangan Bank Pembangunan Daerah Di Seluruh Indonesia Buku 2 Tahun 2014-2016. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 6(4), 2628–2637. https://ejournal.unsrat.ac.id/index.php/emba/article/view/21037/20748
Sadou, A., Alom, F., & Laluddin, H. (2017). Corporate social responsibility disclosures in Malaysia: Evidence from large companies. Social Responsibility Journal, 13(1), 177–202. https://doi.org/10.1108/SRJ-06-2016-0104
Thams, Y., Bendell, B. L., & Terjesen, S. (2018). Explaining women’s presence on corporate boards: The institutionalization of progressive gender-related policies. Journal of Business Research, 86(December 2016), 130–140. https://doi.org/10.1016/j.jbusres.2018.01.043
Thoomaszen, S. P., & Hidayat, W. (2020). Keberagaman Gender Dewan Komisaris dan Direksi terhadap Kinerja Perusahaan. E-Jurnal Akuntansi, 30(8), 2040. https://doi.org/10.24843/eja.2020.v30.i08.p11
Utomo, M. N., Kaujan, K., Syahran, S., & Ulum, A. S. (2022). Peran gender diversity dewan perusahaan dalam menentukan kebijakan dividen di Indonesia. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 5(1), 86–93. https://doi.org/10.32670/fairvalue.v5i1.1677
Widyati, & Maria, F. (1 C.E.). Pengaruh Dewan Direksi, Komisaris Independen, Komite Audit, Kepemilikan Manajerial, dan Kepemilikan Institusional Terhadap Kinerja Keuangan. Jurnal Ilmu Manajemen (JIM) , 1(265–98), 15–19.
Winasis, S. E., Nur, E., & Yuyetta, A. (2017). Pengaruh Gender Diversity Eksekutif Terhadap Nilai Perusahaan, Tax Avoidance Sebagai Variabel Intervening : Studi Kasus Pada Perusahaan Pertambangan Yang Terdaftar Di Bei Tahun 2012-2015. Diponegoro Journal of Accounting, 6(1), 1–14. http://ejournal-s1.undip.ac.id/index.php/accounting
Yelvita, F. S. (2023). Pengaruh Keberagaman Gender, Kualitas Laba, dan CEO Duality Terhadap Kinerja Keuangan. Kumpulan Executive Summary Mahasiswa Prodi Akuntansi Wisuda Ke 80 Tahun 2023, 23.
Yopie, S., & Aw, F. (2021). Diversitas Dewan Direksi dan Profitabilitas pada Perusahaan Terdaftar di Bursa Efek Indonesia. E-Jurnal Akuntansi, 31(10), 2415. https://doi.org/10.24843/eja.2021.v31.i10.p01
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Jurnal Media Wahana Ekonomika
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The copyright of the received article shall be assigned to the publisher of the journal licensed under a Creative Commons Attribution-NonCommercial 4.0 International License in line with the license, authors and any users (readers and other researchers) are allowed to share and adapt the material only for non-commercial purposes. In addition, the material must be given appropriate credit, provided with a link to the license, and indicated if changes were made. If authors remix, transform or build upon the material, authors must distribute their contributions under the same license as the original.
