Women on the Executive Board and Woman CEO: Indonesia‘s Financial Firm

DOI

10.2991/aebmr.k.201212.053How to use a DOI?

Keywords

Financial firm, Firm performance, Women on the executive board, Women CEO

Abstract

The goal of this research is to understand the role of women on the executive board’s participation as a vital factor in a firm and the roles and struggles of women CEOs as the highest decision-maker in a firm that influence the performance of financial firms in Indonesia. In this research, the sample comprises 64 financial firms listed in Indonesia Stock Exchange (IDX) FactBook within the observation years (2015-2018). Weighted Least Square (WLS) is the statistical approach used in testing our hypotheses. Some of our research findings are: Women on the executive board’s participation significantly improve the performance of financial firms or increase firm value, while the contribution of women CEOs is seen as reducing the firm value. It is hoped that the result of this research can contribute to the readers by giving a new insight about the importance of women on the executive board’ participation and the role of women CEO to the firm performance or firm value, especially in financial firms in Indonesia which have very minimum participation of women on the executive board at this time.

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/).

Download article (PDF)

TY  - CONF
AU  - Elisa Tjondro
AU  - Savira Kristiany
AU  - Christy Novelia Sanjaya
PY  - 2020
DA  - 2020/12/14
TI  - Women on the Executive Board and Woman CEO: Indonesia‘s Financial Firm
BT  - Proceedings of the 5th International Conference on Tourism, Economics, Accounting, Management and Social Science (TEAMS 2020)
PB  - Atlantis Press
SP  - 374
EP  - 383
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201212.053
DO  - 10.2991/aebmr.k.201212.053
ID  - Tjondro2020
ER  -