Adri Putra Nugraha
Accounting Department Faculty Of Economics And Business Brawijaya University, Jl. M.T. Haryono 165 Malang No Telepon:08123352564, Emai:manunggal102@yahoo.com No Telepon:08566109909, Email:putra_adri@yahoo.com

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The Influence of Director Expertise and Executive Expertise on Firm Performance (An Empirical Study of the Two-tier Board System in Indonesia) Adri Putra Nugraha
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 6, No 1 (2023): February 2023
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v6i1.2177

Abstract

This research aimed to assess the influence of the expertise of boards of directors and executives on manufacturing companies' performances in Indonesia. The independent variable set was Director and Executive Expertise measured by the proportion of board members who have academic degrees (graduate and postgraduate) and professional certifications in business and finance, while the dependent variable was Firm Performance measured by Return on Assets, Return on Equity, and Tobin's Q. The objects of research were manufacturing companies in Indonesia, whose data were obtained from the website of the Indonesia Stock Exchange in 2014-2018. Separate regression analysis of data was performed for each group of board members. The study found that academic degrees and professional certifications in business or finance held by directors and executives did not affect Firm Performance across all proxies because, among others, most companies in Indonesia were family-owned. As the implications, companies can consider Director Expertise as a necessary thing for improving their performances. Members of boards who have more relevant expertise, experiences, knowledge, and skills can develop decision-making and drive more strategy in making more decisions to solve problems and improve their firms' performances.
Effects Of Environmental Performance On Firm Value With The Mediation Of Csr Disclosure (A Study on Mining Companies Listed on the Indonesia Stock Exchange in the 2020–2023 Period) Caesario, Yulian Lega; Nugraha, Adri Putra
Reviu Akuntansi, Keuangan, dan Sistem Informasi Vol. 4 No. 4 (2025): REAKSI
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study examines the effect of environmental performance on firm value, with CSR disclosure as a mediating variable. From all mining companies listed on the IDX during the 2020–2023 period, 48 companies were selected as samples using a purposive sampling technique. Data analysis using Partial Least Squares (PLS) reveals that environmental performance does not directly affect firm value but does so indirectly through CSR disclosure. This finding empirically supports stakeholder theory and legitimacy theory, particularly regarding the role of CSR disclosure in mediating the relationship between environmental performance and firm value. The study provides insights for mining companies, emphasizing that both environmental performance and CSR disclosure contribute positively to firm value.