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The Role of Ethnicity and Board Diversity in Corporate Performance: Cases of Kompas 100 Indexed Companies Alga Aprila Dwi Purwito; , Sutrisno
Journal of Business and Management Review Vol. 5 No. 10 (2024): (Issue-October)
Publisher : Profesional Muda Cendekia Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47153/jbmr.v5i10.1173

Abstract

Research Aims: The main objective of this study is to examine the role of ethnicity in board (EoB) on corporate performance. In addition, it also examines the effect of board diversity consisting of foreign in board (FoB), women in board (WoB), board of directors (BoD), board of commissioners (BoC), and board of independent commissioners (BoCI) on corporate performance. Corporate performance consists of financial performance as measured by return on assets (ROA) and market performance as measured by Tobin's Q. Design/methodology/approach: The population in this study were companies listed on the Kompas 100 Index on the Indonesia Stock Exchange with a sample of 55 companies taken using purposive sampling techniques. The observation period was five years (2019-2023). Hypothesis testing using panel data regression. After conducting the Chow-test, Hausman-test and LM-test, the best model was panel data regression with a fixed effect model.. Research Findings: The results of the study using the fixed effect model show that ethnic on board and women on board do not affect corporate performance, while foreign on board has a significant positive effect on corporate performance, both as measured by ROA and Tobin's Q. The results of the study also show that the board of directors does not affect corporate performance, while the board of independent commissioners has a significant positive effect on corporate performance, while the board of commissioners has a significant effect but with a negative coefficient. Theoretical Contribution/Originality: This research provides a scientific contribution that can be utilized by further researchers who focus on issues of board structure and board diversity. Keywords: ethnicity on board, women on board, foreign on board, board of director, board of independen commssionioners
The Impact of Work-Life Balance and Stress on Millennial Turnover: The Mediation of Job Satisfaction Hendi Anggoro; Tri Harsini Wahyuningsih; Alga Aprila Dwi Purwito
Telaah Bisnis Vol. 27 No. 1 (2026): July 2026
Publisher : Sekolah Tinggi Ilmu Manajemen YKPN Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35917/tb.v27i1.645

Abstract

In this study, the researchers analyse whether work-life balance and work stress affect the intention of millennial workers in the Karawang Industrial Area to quit their jobs, with job satisfaction as the factor bridging that relationship. This study conducted this research using non-probability and purposive sampling methods on all millennial workers in the Karawang Industrial Area. There were 143 participants. We collected data by distributing questionnaires. We conducted instrumental tests, normal distribution tests, and classical hypothesis tests, all of which met the criteria. This study uses regression analysis and Process 4.2, a macro analysis program for SPSS 26 developed by Andrew F. Hayes, to verify the hypothesis. This study found that both work-life balance and stress significantly and positively affect employees' intention to quit. These two factors also have a significant positive impact on employee job satisfaction, thereby reducing the intention to quit. It was also revealed that job satisfaction acts as a mediator between work-life balance and stress on the intention to quit. Overall, 70.4% of the variation in the intention to quit can be explained by work-life balance, stress, and job satisfaction, while 29.6% is influenced by other variables outside the scope of the study.