Akuntansi dan Teknologi Informasi (Oct 2024)
Karakteristik dewan direksi dan Kinerja Perusahaan
Abstract
The growth of market capitalization value for energy sector companies is supported by the high demand for products in this sector. The board of directors' managerial function will be evident in the company's performance achievements. Based on the upper echelon theory, a perspective influenced by the personal attributes of top management is used to evaluate situations and potential decisions. This research aims to determine the influence of gender diversity, board size, and CEO tenure on company performance. The findings of this study can serve as additional references for academics and practitioners. The research population comprises energy sector companies listed on the main board of the Indonesia Stock Exchange, publishing annual reports during the period of 2012–2022. The data analysis method used is multiple linear regression with pooled ordinary least squares for panel data. Heteroskedasticity and autocorrelation-robust standard errors are employed for hypothesis testing and interpretation. Gender diversity does not have a significant impact on company performance. Board size has a positive impact on company performance. CEO tenure has a negative impact on company performance.
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