e-ISSN 2231-8542
ISSN 1511-3701

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Board of Directors' Gender, Managerial Ownership and Corporate Risk-taking: Evidence from Indonesia

Lana Meutia Firdaus and Desi Adhariani

Pertanika Journal of Tropical Agricultural Science, Volume 25, Issue S, November 2017

Keywords: Board of directors, corporate risk-taking, gender diversity, managerial ownership, ownership structure

Published on: 7 May 2018

This study examined the influence of gender diversity among company boards of directors and managerial ownership on corporate risk-taking. The sample was manufacturing companies listed on the Indonesian Stock Exchange from 2010 to 2013 selected using the purposive sampling method. Data was examined using multiple regression methods. The results showed that gender diversity on a board of directors (BOD) and managerial ownership have no significant effect on corporate risk-taking. This is likely due to the relatively low percentage of both variables in Indonesia, thus, they do not tend to affect corporate risk-taking decisions. The study recommends increasing gender diversity and managerial ownership in the corporate risk-taking process towards sustainable business practices.

ISSN 1511-3701

e-ISSN 2231-8542

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