GENDER DIVERSITY, FINANCIAL EXPERTISE, CEO DUALITY AND FIRM PERFORMANCE

Evidence from Indonesian Public Listed Companies

  • Agung Prasetyo Nugroho Wicaksono Universitas Muhammadiyah Malang
Keywords: Gender Diversity, FInancial Expertise, CEO Duality, Firm Performance, Principal Component Analysis

Abstract

This study aims to examine gender diversity, financial expertise, CEO duality on company performance in Indonesia. The author uses panel data testing with three years starting from 2018 - 2020 using STATA software. Panel data testing was carried out by conducting three tests: common effect model, fixed-effect model, and random effect model, including the model selection test, namely the Chow test, the Hausmann test, and the Breusch pagan LM test. The author also tested by conducting factor analysis with principal component analysis to carry out a linear transformation to change from most of the original variables used (ROA & ROE), and make them correlated into a new set of variables (firm performance). The results of this study conclude that the gender diversity variable has no effect on firm performance, but the variables of financial expertise and CEO duality affect firm performance.

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Published
2022-02-06
How to Cite
Wicaksono, A. (2022). GENDER DIVERSITY, FINANCIAL EXPERTISE, CEO DUALITY AND FIRM PERFORMANCE. Jurnal Ilmiah Bisnis Dan Ekonomi Asia, 16(1), 1-14. https://doi.org/10.32815/jibeka.v16i1.473