THE ROLE OF WOMEN ON BOARD AND FINANCIAL PERFORMANCE IN INDONESIA.

Ika Nurul, Sukma (2008) THE ROLE OF WOMEN ON BOARD AND FINANCIAL PERFORMANCE IN INDONESIA. Other thesis, Fakultas Ekonomi.

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Abstract

This study examines the presence and roles of women on board in Indonesian Public Listed Companies in the context of financial and manufacturing industries, related with their financial performance. Further, this study also investigate about more women on board comparing with less women on board, in order to identified the better one, more women or less women. The sample consists of all companies in financial and manufacturing sector industries over the period 2004-2008, which in sum 227 companies with 1155 observations. The result of this study with using Return on Equity (ROE) and Return on Sales (ROS) as the performance measurement is no positive and signrficant influence toward women on board both in financial and manufacturing sector industries. From that empirical resulL can be concluded that in Indonesia the role of women is not increasing the company's performance significantly. But, if comparing between financial and manufacturing, financial have a better result than manufacturing sector industries in the context of their women's role. And if compare more women with less women on board in financial and manufacturing sector, more women have better empirical result than less one.

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