Women Board of Directors and Financial Performance: Mining Sector Companies Listed in Indonesia Stock Exchange

Abstract

This study aimed to examine the existence of female directors and their impact on the company's financial performance of Mining sector companies listed on Indonesian Stock Exchange which had information about Female Directors, ROA and control variables such as size, leverage and age during 2017-2019. The type of data from this research was secondary data. Data source for women directors was obtained from idx.co.id and data on ROA, size, leverage and age was obtained from Thomson & Reuters. The data analysis technique in this study used path analysis with SPSS. The results showed that the presence of female directors had no effect on the performance of the mining sector financial companies listed on the IDX as well as the control variables except size.

Keywords: Agency Problem, Female Directors, Financial Performance

DOI: 10.7176/RJFA/12-10-11

Publication date:May 31^st 2021