Jurnal Riset Keuangan dan Akuntansi (JRKA)
Vol 10 No 2 (2024): JURNAL RISET KEUANGAN DAN AKUNTANSI (JRKA)

PENGARUH KEBERAGAMAN GENDER DEWAN DIREKSI DAN STRUKTUR KEPEMILIKAN TERHADAP FINANCIAL DISTRESS

Puspasari, Oktaviani Rita (Unknown)
Nurhandika, Arief (Unknown)
Fitriani, Chintia (Unknown)



Article Info

Publish Date
25 Aug 2024

Abstract

This research aims to examine and analyze the effect of board gender diversity and ownership structure on financial distress. Board gender diversity shows the portion of women on the board of directors and the ownership structure includes managerial ownership, institutional ownership, and public ownership. The population was a transportation service company listed on The Indonesian Stock Exchange from 2016 to 2021. The sampling technique used purposive sampling with a sample of 52 companies for six years or 312 observations. Then, hypothesis testing employed logistic regression analysis. The results of the study indicated that the managerial ownership structure and gender diversity on the board have a small but unfavourable impact on financial distress.  Financial distress is significantly impacted negatively by both public and institutional ownership structures. This research presents empirical support for agency theory and reviews the literature on the function of corporate governance practises in foretelling financial trouble in businesses in the transportation sector. This research presents empirical support for agency theory and reviews the literature on the function of corporate governance practises in foretelling financial trouble in businesses in the transportation sector. Keywords: board gender diversity, managerial ownership structure, institutional ownership structure, public ownership structure, financial distress

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Journal Info

Abbrev

jrka

Publisher

Subject

Economics, Econometrics & Finance

Description

JRKA (Jurnal Riset Keuangan dan Akuntansi) diterbitkan oleh Program Studi Akuntansi Fakultas Ekonomi Universitas Kuningan secara berkala dua kali dalam satu tahun yaitu pada bulan Februari dan Agustus. Tujuan jurnal ini adalah untuk mempublikasikan hasil riset Keuangan dan Akuntansi yang relevan ...