The DOI matches its Crossref record; 67 of the 67 references it cites were found in a registry or an index.
Board diversity and firm performance: The Indonesian evidence
Open accessAbstract
This paper examines the associations between diversity of board members and financial performance of the firms listed on the Indonesia Stock Exchange (IDX). Three demographic characteristics of board members—gender, nationality, and age—are used as the proxies for diversity. Using a sample of 169 listed firms, this study finds that both accounting and market performance have significant negative associations with gender diversity. Nationality diversity is found to have no influence on firm performance. In contrast, the proportion of young members is positively related to market performance, providing evidence that young people in the boardrooms are associated with improved financial performance.
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Cites
A Mathematical Theory of Communication
Shannon, C. E. (1948) · Bell System Technical Journal · doi:10.1002/j.1538-7305.1948.tb00917.x · Cited by 48,949
Upper Echelons: The Organization as a Reflection of Its Top Managers
Hambrick, D. C., & Mason, P. A. (1984) · The Academy of Management Review · doi:10.5465/amr.1984.4277628 · Cited by 10,220
Higher market valuation of companies with a small board of directors
Yermack, D. (1996) · Journal of Financial Economics · doi:10.1016/0304-405x(95)00844-5 · Cited by 6,603
The separation of ownership and control in East Asian Corporations
Claessens, S., Djankov, S., & Lang, L. H. P. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00067-2 · Cited by 5,754
Women in the boardroom and their impact on governance and performance☆
Adams, R. B., & Ferreira, D. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.10.007 · Cited by 5,711
Introductory Econometrics for Finance
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Corporate Governance, Board Diversity, and Firm Value
Carter, D. A., Simkins, B. J., & Simpson, W. G. (2003) · Financial Review · doi:10.1111/1540-6288.00034 · Cited by 3,353
Boards: Does one size fit all☆
COLES, J., DANIEL, N., & NAVEEN, L. (2008) · Journal of Financial Economics · doi:10.1016/j.jfineco.2006.08.008 · Cited by 3,075
Top management and innovations in banking: Does the composition of the top team make a difference?
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Cited by
Abdullah, S. N., Ismail, K. N. I. K., & Nachum, L. (2016) · Strategic Management Journal · doi:10.1002/smj.2352 · Cited by 367
Ararat, M., Aksu, M., & Tansel Cetin, A. (2015) · Corporate Governance: An International Review · doi:10.1111/corg.12103 · Cited by 282
Metadata
- Authors
- Darmadi, S.
- Venue
- Corporate Ownership and Control
- Publisher
- Virtus Interpress
- Published
- 2011
- Volume
- 8
- Issue
- 2
- Pages
- 450-466
- ISSN
- 1727-9232 (ISSN-L)
- 1810-3057
- OpenAlex
- W1844466620
- Cited by
- 318
- References
- 67
- FWCI
- 15.17
- Type
- journal article
- Language
- en
- Open access
- hybrid
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Data sources
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
