Does gender diversity moderate the relationship between profitability and company value?

Muzanni, M. and Yuliana, Indah (2021) Does gender diversity moderate the relationship between profitability and company value? Jurnal Performance: Personalia, Financial, Operasional, Marketing dan sistem Informasi, 28 (1). pp. 15-25. ISSN P-ISSN: 1412-1212 E-ISSN: 2541-2388

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Abstract

This study aims to determine the effect of profitability on company value with gender diversity as a moderating variable. The population used is property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) during the period 2015 to 2019. The sampling technique used is a purposive sampling of 13 companies and the data analysis technique used is moderation regression analysis (MRA). Gender diversity is measured by looking at the proportion of the number of women from the total members of the board of directors. Company value is measured using Price to Book Value (PBV) and Profitability is measured using Return on Assets (ROA) and Return on Equity (ROE). The results showed that profitability had a positive and significant effect on company value and gender diversity has a positive and significant effect on company value. Besides, the results of the study also show that gender diversity can strengthen the relationship between profitability and company value.

Item Type: Journal Article
Keywords: Gender diversity, Profitability, Company Value, Signaling Theory.
Subjects: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150201 Finance
Divisions: Faculty of Economics > Department of Management
Depositing User: indah yuliana
Date Deposited: 12 Jul 2021 11:22

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