Determinan Kinerja Keuangan Perusahaan: Pengaruh Proporsi Direksi Wanita, Proporsi Komisaris Wanita, Ukuran Direksi, dan Likuiditas pada Perusahaan Indeks IDX30 Periode 2020–2024
Article Sidebar
Main Article Content
Abstract
The intensifying business competition requires companies to continuously improve their financial performance for the company to continue make business. Studies has found new strategies in the execution of strong corporate governance practices, particularly regarding the composition of the board of directors and liquidity oversight. However, awareness of the potential of women’s leadership in Indonesia remains relatively limited, resulting in suboptimal findings, thereby underscoring the importance of further academic research. Therefore, this research purpose is to examine the impact of the proportion of female directors and commissioners, board size, and liquidity on company profitabily performance—proxied by ROA and ROE—using regression analysis. The data derived from list of business in the IDX30 index during the 2020–2024 period. The findings indicate that the proportion of female directors has a positive effect on ROA and ROE. Conversely, the proportion of female commissioners does not show a significant effect on ROA but has a positive effect on ROE. Board size shows a negative relationship with ROA and ROE, while liquidity does not have an impact on either of these performance metrics. These results underscore the important role of board composition in shaping corporate performance.
Article Details
Jurnal Riset Pendidikan Ekonomi is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. The copyright of the received article once accepted for publication shall be assigned to the journal as the publisher.
References
Andreas Rudiwantoro. (2022). Pengaruh Independensi Dewan Komisaris, Ukuran Dewan Direksi, Komite Audit Dan Ukuran Perusahaan Terhadap Kinerja Keuanganpengaruh Independensi Dewan Komisaris, Ukuran Dewan Direksi, Komite Audit Dan Ukuran Perusahaan Terhadap Kinerja Keuangan. Jurnal Akuntansi Dan Bisnis Indonesia, 3(1). Https://Doi.Org/Https://Doi.Org/10.55122/Jabisi.V3i1.413
Anggraini, F., Annisa, A., & Zefriyenni, Z. (2023). Pengaruh Keragaman Gender Dewan, Dan Earnings Management Terhadap Kinerja Keuangan Perusahaan. Jurnal Proaksi, 10(4), 437–449. Https://Doi.Org/10.32534/Jpk.V10i4.4534
Intan Baiduri, Nabilatul Hasanah, Fadjar Maulana, & Mochammad Isa Anshori. (2023). Gender Dan Kepemimpinan : Sebuah Kajian Literatur. Jurnal Ilmu Manajemen, Ekonomi Dan Kewirausahaan, 3(2), 179–204. Https://Doi.Org/10.55606/Jimek.V3i2.1782
Darwin Warisi, & Riski Kurniawan. (2024). Pengaruh Rasio Likuiditas, Solvabilitas, Dan Efisiensi Terhadap Kinerja Keuangan Perbankan Konvensional Periode 2019-2022. Jurnal Penelitian Ekonomi Manajemen Dan Bisnis, 3(2), 28–39. Https://Doi.Org/10.55606/Jekombis.V3i2.3470
Devi Linda Fitriya, Widya Ayu Astutik, & Rudi Sanjaya. (2024). Analisis Likuiditas, Leverage Dan Ukuran Perusahaan Sebagai Determinasi Kinerja Keuangan Perusahaan (Literature Review). Jurnal Manajemen Kewirausahaan Dan Teknologi, 1(4), 127–136. Https://Doi.Org/10.61132/Jumaket.V1i4.399
Hambrick, D. C., & Mason, P. A. (1984). Upper Echelons: The Organization As A Reflection Of Its Top Managers. The Academy Of Management Review, 9(2), 193. Https://Doi.Org/10.2307/258434
Eliya, S., & Suprapto, Y. (2022). Pengaruh Keberagaman Gender Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Barang Konsumsi Publik Di Indonesia. Seiko : Journal Of Management & Business, 5(2), 2022–2045. Https://Doi.Org/10.37531/Sejaman.V5i1.2024
Fajri, F., Akram, & Mariadi, Y. (2022). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Bumn Sektor Keuangan. Jurnal Riset Mahasiswa Akuntansi, 2(2), 307–320. Https://Doi.Org/10.29303/Risma.V2i2.229
Jensen, M. C., & Meckling, W. H. (1976). Theory Of The Firm: Managerial Behavior, Agency Costs And Ownership Structure. Journal Of Financial Economics, 3(4), 305–360. Https://Doi.Org/10.1016/0304-405x(76)90026-X
Na’ilah Roihanah, N., Syaiful Akbar, F., Ekonomi, F., Bisnis, D., Pembangunan, U., Veteran, N. ", & Timur, J. (2024). The Influence Of The Board Of Commissioners, Board Of Directors, Gender Diversity Of The Board Of Commissioners And Company Size On Corporate Financial Performance (Study On Lq45 Companies Listed On The Idx. Https://Doi.Org/Https://Doi.Org/10.31539/Costing.V7i5.11810
Nasution, N. S., Putri, E. A., & Suseno, G. (2025). Pengaruh Anggota Dewan Direksi Perempuan Dan Perusahaan Keluarga Dalam Meningkatkan Kinerja Perusahaan. Jurnal Daya Saing, 11(1), 9–15. Https://Doi.Org/10.35446/Dayasaing.V11i1.2034
Nguyen, Q. M., & Nguyen, C. V. (2024). Corporate Governance, Audit Quality And Firm Performance–An Empirical Evidence. Cogent Economics And Finance, 12(1). Https://Doi.Org/10.1080/23322039.2024.2334128
Haryani, N. I., & Susilawati, C. (2023). Pengaruh Ukuran Dewan Komisaris, Ukuran Dewan Direksi, Ukuran Perusahaan, Kepemilikan Institusional, Dan Komisaris Independen Terhadap Kinerja Keuangan. Journal Of Economic, Bussines And Accounting (Costing), 6(2), 2425–2435. Https://Doi.Org/10.31539/Costing.V6i2.5992
Pradipta, P., Khairunnisa, A., Yudistira, O., & Baradja, L. (2022). Pengaruh Sustainability Report, Ukuran Dewan Direksi, Ukuran Perusahaan Serta Leverage Terhadap Kinerja Keuangan Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Pada Tahun 2018-2020. Jurnal Ekonomi Trisakti, 2(2), 1517–1528. Https://Doi.Org/10.25105/Jet.V2i2.14944
Purwanti, D. (2021). Determinasi Kinerja Keuangan Perusahaan : Analisis Likuiditas, Leverage Dan Ukuran Perusahaan (Literature Review Manajemen Keuangan). Jurnal Ilmu Manajemen Terapan, 2(5), 692–698. Https://Doi.Org/10.31933/Jimt.V2i5.593
Puteri, S. A., Wiyono, G., & Rinofah, R. (2023). Pengaruh Good Corporate Governance Dan Corporate Social Responbility Terhadap Kinerja Keuangan Pada Perbankan Yang Terdaftar Di Bei Periode 2017-2020. Ekonomis: Journal Of Economics And Business, 7(1), 343. Https://Doi.Org/10.33087/Ekonomis.V7i1.745
Rahmanto, B. T., & Daara, S. R. (2020). Diversitas Gender Dan Kinerja Keuangan Sektor Farmasi Di Indonesia. Jurnal Proaksi, 7(2), 183–193. Https://Doi.Org/10.32534/Jpk.V7i2.1290
Rimbawan, T., Susantiaji, A., & Hermanyanti, A. W. (2023). Pengaruh Pemimpin Perempuan Terhadap Kinerja Keuangan Perusahaan. Permana : Jurnal Perpajakan, Manajemen, Dan Akuntansi, 15(1), 49–63. Https://Doi.Org/10.24905/Permana.V15i1.261
Rizki Anindita, N., Andi, Y., Noegroho, K., Ekonomika, F., Bisnis, D., & Wacana, K. S. (N.D.). The Effect Of Liquidity On Company Performance In Manufacturing Companies Listed On The Indonesia Stock Exchange (Idx) For The 2017-2019 Period. Https://Doi.Org/Https://Doi.Org/10.31539/Costing.V5i1.2314
Robi Nurwahyudi, M., Mudasetia, Dan D., Program Studi Manajemen, A., Tinggi Ilmu Ekonomi Widya Wiwaha Program Studi Akuntansi, S., & Tinggi Ilmu Ekonomi Widya Wiwaha, S. (2020). Pengaruh Gender Wanita Dalam Dewan Direksi Terhadap Kinerja Keuangan Studi Pada Perusahaan Yang Masuk Index Kompas 100 Tahun 2014-2015. Edisi Elektronik), 12(2). Https://Doi.Org/10.33747
Vivian, V., Candy, C., & Robin, R. (2022). Pentingkah Perilaku Wanita? Studi Kebijakan Dividen. Owner, 6(2), 1852–1866. Https://Doi.Org/10.33395/Owner.V6i2.812