The Effect of Board Gender Diversity, Board Size, and Capital Structure on Firm Performance Moderated by Institutional Ownership

Authors

  • Jennifer Wirawan Universitas Bunda Mulia, Jakarta, Indonesia
  • I Gusti Agung Musa Budidarma Universitas Bunda Mulia, Jakarta, Indonesia

DOI:

https://doi.org/10.38035/dijefa.v5i3.3134

Keywords:

board gender diversity, board size, capital structure, institutional ownership, firm performance

Abstract

The aim of this study was to examine the effect of board gender diversity, board size, and capital structure on firm performance in energy sector companies listed on the Indonesian Stock Exchange for the 2021–2023 period, which was moderated by institutional ownership. This study employed a purposive sampling technique, with a total sample size of 93 companies’ data. The data were analyzed using the SPSS program, specifically through moderated regression analysis. The results showed that board gender diversity and capital structure had no effect on firm performance, whereas board size had a negative effect. In addition, institutional ownership moderated the effect of board size and capital structure on firm performance; on the contrary, it did not moderate the effect of board gender diversity on firm performance.

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Published

2024-08-19

How to Cite

Wirawan, J., & Budidarma, I. G. A. M. . (2024). The Effect of Board Gender Diversity, Board Size, and Capital Structure on Firm Performance Moderated by Institutional Ownership. Dinasti International Journal of Economics, Finance &Amp; Accounting, 5(3), 2023–2032. https://doi.org/10.38035/dijefa.v5i3.3134

Issue

Vol. 5 No. 3 (2024): Dinasti International Journal of Economics, Finance & Accounting (July - August 2024)

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Copyright (c) 2024 Jennifer Wirawan, I Gusti Agung Musa Budidarma

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