PENGARUH BOARD DIVERSITY TERHADAP NILAI PERUSAHAAN DALAM PERSPEKTIF CORPORATE GOVERNANCE

Authors

  • Sari Kusumastuti Staf Pengajar Fakultas Ekonomi Universitas Kristen Satya Wacana, Salatiga
  • Supatmi Supatmi Staf Pengajar Fakultas Ekonomi Universitas Kristen Satya Wacana, Salatiga
  • Perdana Sastra Staf Pengajar Fakultas Ekonomi Universitas Kristen Satya Wacana, Salatiga

:

https://doi.org/10.9744/jak.9.2.pp.%2088-98

Keywords:

board diversity, corporate governance, firm value, tobin's Q

Abstract

Board diversity is one the issue related to corporate governance. Board diversity shall influence Board of Directors composition. In this research, board diversity is measured by 5 variables, i.e. women in board, minority race availability, outsider directors, age, and educational background, with board and company measurement control variables. Company value is measured by utilizing Tobin's Q ratio. The research samples are taken from 48 manufacturing companies listed at Jakarta Stock Exchange in 2005. This research shows that board diversity members influencing to company value. Abstract in Bahasa Indonesia : Persebaran anggota dewan (board diversity) merupakan salah satu isu yang terkait dengan corporate governance. Board diversity akan mempengaruhi komposisi dewan direksi yang nantinya akan mempengaruhi implementasi corporate governance. Dalam penelitian ini, board diversity diukur dengan 5 variabel, yaitu keberadaan dewan direksi wanita, keberadaan etnis Tionghoa dalam anggota dewan (sebagai proksi dari minoritas), proporsi outside directors, usia anggota dewan direksi, dan latar belakang pendidikan anggota dewan, dengan ukuran dewan dan ukuran perusahaan sebagai variabel kontrol. Sedangkan nilai perusahaan diukur dengan menggunakan rasio Tobin's Q. Sampel penelitian ini adalah 48 perusahaan manufaktur yang terdaftar di Bursa Efek Jakarta pada tahun 2005. Hasil penelitian menunjukkan bahwa persebaran anggota dewan (board diversity) berpengaruh terhadap nilai perusahaan. Kata kunci: persebaran aggota dewan, corporate governance, nilai perusahaan, tobin's Q.

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Published

2008-09-12

How to Cite

Kusumastuti, S., Supatmi, S., & Sastra, P. (2008). PENGARUH BOARD DIVERSITY TERHADAP NILAI PERUSAHAAN DALAM PERSPEKTIF CORPORATE GOVERNANCE. Jurnal Akuntansi Dan Keuangan, 9(2), pp. 88-98. https://doi.org/10.9744/jak.9.2.pp. 88-98

Issue

Vol. 9 No. 2 (2007): NOVEMBER 2007

Section

Articles

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