E-JURNAL AKUNTANSI
Vol 32 No 8 (2022)

Board Diversity, Koneksi Politik dan Financial Distress

Jassica Brigita Kharis (Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana, Indonesia)
Yeterina Widi Nugrahanti (Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana, Indonesia)



Article Info

Publish Date
26 Aug 2022

Abstract

This study aims to determine the effect of board diversity (gender diversity, educational background, proportion of independent boards) and political connections on financial distress. Altman Z-Score is used to measure financial distress. The study was conducted on manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The data analysis technique used in this study is panel data regression using data processing software Eviews 12. The results show that gender diversity and political connections have a negative effect on financial distress. While educational background has a positive effect on financial distress. The test results also show that the proportion of independent boards has no effect on financial distress. Keywords: Financial Distress; Boards Diversity; Political Connection; Z-Score.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...