Diversity Among the Board of Commissioners and Stock Return: A Study on the Influence of Nationality, Gender and Educational Background

DOI

10.2991/aebmr.k.200626.019How to use a DOI?

Keywords

Nationality, Gender, Educational Background Diversity, Board of Commissioners, Stock Return

Abstract

This study analyzes the influence of board nationality, diversity, gender, and educational background as independent and dependent variables on stock returns. Two control variables were used namely, the audit quality and company age, with secondary data obtained in the form of financial statements and annual reports from 2011 to 2017. The samples in this study were 266 companies listed on the Indonesia Stock Exchange. The results showed that the board of commissionaires’ nationality diversity and audit quality (as control variable) have negative and significant effect on stock returns, while gender, educational background, and company age do not.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Muhammad Ridwan
AU  - M. Afuan
AU  - Rio Andhika Putra
AU  - Nora Putri Ayu
PY  - 2020
DA  - 2020/06/29
TI  - Diversity Among the Board of Commissioners and Stock Return: A Study on the Influence of Nationality, Gender and Educational Background
BT  - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR
PB  - Atlantis Press
SP  - 101
EP  - 105
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.019
DO  - 10.2991/aebmr.k.200626.019
ID  - Ridwan2020
ER  -