JURNAL AKUNTANSI, EKONOMI dan MANAJEMEN BISNIS
Vol. 12 No. 2 (2024): Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis - Desember 2024

CEO Characteristics, Board Gender Diversity, and ESG Performance: Evidence from Indonesia

Rahman, Zulfa Devina (Unknown)
Samiono, Bambang Eko (Unknown)
Gemilang, Reza Putra (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

This study examines the impact of CEO characteristics and gender diversity on corporate ESG performance, focusing on Indonesian companies. The independent variables include CEO age, CEO tenure, CEO's technical or scientific expertise, female leadership in the board of directors, and female leadership in the board of commissioners. ESG performance measured by the ESG Risk Rating provided by Sustainalytics. A total of 262 samples were analyzed using a random effects panel data model (REM) with STATA 15. The results indicate that CEO age, CEO tenure, CEO's technical or scientific expertise, and female leadership in the board of directors do not significantly affect ESG performance. However, female leadership in the board of commissioners is found to have a significant impact. The findings suggest that increasing female representation on the board of commissioners can play a crucial role in reducing ESG risks, offering practical insights for policymakers and businesses aiming to enhance sustainability practices.

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Journal Info

Abbrev

JAEMB

Publisher

Subject

Economics, Econometrics & Finance

Description

Terbit dua kali setahun pada bulan Juli dan Desember: mulai Volume 6, Nomor 1, Juli 2018. Berisi tulisan yang diangkat dari hasil penelitian di bidang Akuntansi, Ekonomi, dan Manajemen ...