The Effect of Gender Diversity on the Board of Commissioner to Stock Liquidity of Non-Financial Firms Listed in LQ45 During 2013-2017

DOI

10.2991/aebmr.k.210628.014How to use a DOI?

Keywords

gender diversity, stock liquidity, board composition

Abstract

The purpose of this study is to investigate the effect of board composition (mainly gender diversity of the boards) on the liquidity of the non-financial firms’ stock listed on the LQ45 in 2013-2017. This study used the Ordinary Least Square Regression method to examine the effect of gender diversity (as the main variable of board composition besides Independent Director and Board Size) on stock liquidity in which is divided into three proxies: Amihud Illiquidity Index, Stock Turnover, and Liquidity Ratio. The study shows that gender diversity poses a non-significant effect on a firm’s stock liquidity. Whereas, Independent Director affects stock liquidity positively and significantly.

Copyright

© 2021, 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/).

Download article (PDF)

TY  - CONF
AU  - Muhammad Devanda
AU  - Deddy Marciano
AU  - Endang Ernawati
PY  - 2021
DA  - 2021/06/29
TI  - The Effect of Gender Diversity on the Board of Commissioner to Stock Liquidity of Non-Financial Firms Listed in LQ45 During 2013-2017
BT  - Proceedings of the 18th International Symposium on Management (INSYMA 2021)
PB  - Atlantis Press
SP  - 79
EP  - 84
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210628.014
DO  - 10.2991/aebmr.k.210628.014
ID  - Devanda2021
ER  -