Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023

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Market Risk, Financial Distress, Board Gender Diversity, Trade Credit and Performance of Indonesia Consumer Goods Companies

Authors
Budiman Budiman1, Jose Raci Farel1, *, Sita Aisha Gemala1, Nicky Winiadi1, Farah Margaretha Leon1
1Universtias Trisakti, Jakarta, Indonesia
*Corresponding author. Email: joserfl241@gmail.com
Corresponding Author
Jose Raci Farel
Available Online 2 August 2024.
DOI
10.2991/978-2-38476-273-6_52How to use a DOI?
Keywords
Firm Performance; Market Risk; Financial Distress; Gender Diversity; Trade Credit
Abstract

The company must pay attention to factors influencing its performance. Prolonged financial distress can lead to bankruptcy, especially when market risks increase. Good corporate governance such as considering gender diversity on the board, can impact company performance. Trade credit in working capital management is related to financing and company liquidity issues. This study aims to examine the influence of financial distress, market risk, gender diversity, and trade credit on the performance of Indonesian consumer goods companies. A total of 33 samples of companies were taken using secondary data and purposive sampling method on the Indonesia Stock Exchange for consumer goods companies in Indonesia from 2018 to 2022. Data processing was done using multiple regression and Eviews 9. The findings indicate that financial distress, market risk, and trade credit positively affect company performance. Board gender diversity negatively affects company performance. This study is beneficial for companies and investors, particularly in the consumer goods sector in Indonesia, and contributes to the fields of economics and finance.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023
Series
Advances in Social Science, Education and Humanities Research
Publication Date
2 August 2024
ISBN
10.2991/978-2-38476-273-6_52
ISSN
2352-5398
DOI
10.2991/978-2-38476-273-6_52How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Budiman Budiman
AU  - Jose Raci Farel
AU  - Sita Aisha Gemala
AU  - Nicky Winiadi
AU  - Farah Margaretha Leon
PY  - 2024
DA  - 2024/08/02
TI  - Market Risk, Financial Distress, Board Gender Diversity, Trade Credit and Performance of Indonesia Consumer Goods Companies
BT  - Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023
PB  - Atlantis Press
SP  - 477
EP  - 486
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-273-6_52
DO  - 10.2991/978-2-38476-273-6_52
ID  - Budiman2024
ER  -