Giri Suseno
Universitas Lancang Kuning

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The Influence of Family Control and Gender Diversity on Financial Performance: Leverage and Tangibility as Mediating Role Rizqa Anita; Giri Suseno; Muhammad Rasyid Abdillah; Aulia Rona Andira
Jurnal Akuntansi dan Bisnis Vol 23, No 1 (2023)
Publisher : Accounting Study Program, Faculty Economics and Business, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jab.v23i1.1011

Abstract

The investigation of family control in enterprises and gender diversity has emerged as a compelling area of study in several nations, such as Indonesia. This research study aims to understand how leverage and tangibility mediate between family control, gender diversity on profitability, and sales growth; using PLS-SEM tools, this quantitative investigation involved 942 companies listed on IDX from the 2019-2021 period for analysis. Sampling was carried out using a purposive sampling method. The results showed that leverage and tangibility could not significantly mediate between family control, female directors on profitability, and sales growth. These results have implications for owners, management, and directors in that supervisory board characteristics, such as heterogeneity and family control, can influence debt and asset policies and help improve company performance. The investigation of family control in enterprises and gender diversity has emerged as a compelling area of study in several nations, such as Indonesia. This research study aims to understand how leverage and tangibility mediate between family control, gender diversity on profitability, and sales growth; using PLS-SEM tools, this quantitative investigation involved 942 companies listed on IDX from the 2019-2021 period for analysis. Sampling was carried out using a purposive sampling method. The results showed that leverage and tangibility could not significantly mediate between family control, female directors on profitability, and sales growth. These results have implications for owners, management, and directors in that supervisory board characteristics, such as heterogeneity and family control, can influence debt and asset policies and help improve company performance.