THE EFFECT OF FEMALE COMMISSIONERS, FEMALE DIRECTORS, FEMALE AUDIT COMMITTEES, AND LIQUIDITY ON THE FINANCIAL PERFORMANCE OF CONVENTIONAL COMMERCIAL BANKS LISTED ON THE INDONESIA STOCK EXCHANGE
Keywords:
Female Audit Committees, Female Commissioners, Female Directors, Financial Performance, Liquidity
Abstract
This research aims to analyze the influence of female boards of commissioners, female boards of directors, female audit committees, and liquidity on the financial performance of conventional commercial banks listed on the Indonesia Stock Exchange (IDX). The banking industry plays a crucial role in maintaining national financial stability, strict regulatory standards, and active involvement in the implementation of good corporate governance standards. Purposive sampling was used to obtain 23 banking samples for the period 2019–2024. The analysis process was applied using the STATA 17 method through panel data linear regression. The results show that female commissioners and female directors have a positive but insignificant effect on financial performance, while liquidity shows a significant positive effect. The findings imply that gender diversity and financial management contribute to improving bank performance.
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References
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Adhimukti, M. R., & Lestari, H. S. (2022). Pengaruh Struktur Kepemilikan dan Karakteristik Dewan Direksi terhadap Kebijakan Pembayaran Dividen Perusahaan Manufaktur di Indonesia. J-MAS (Jurnal Manajemen dan Sains), 7(2), 577-581. doi:http://dx.doi.org/10.33087/jmas.v7i2.461
Assa, V., & Loindong, S. S. (2023). Analisis Pengaruh Risiko Kredit, Kecukupan Modal dan Likuiditas Terhadap Kinerja Keuangan Pada Bank BUMN di Bursa Efek Indonesia (BEI). Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 11(4), 1048-1057. doi:https://doi.org/10.35794/emba.v11i4.51747
Brahma, S., Nwafor, C., & Boateng, A. (2021). Board Gender Diversity and Firm Performance: The Uk Evidence. International Journal of Finance & Economics, 26(4), 5704-5719. doi:https://doi.org/10.1002/ijfe.2089
Din, N. U., Cheng, X., Ahmad, B., Sheikh, M. F., Adedigba, O. G., Zhao, Y., & Nazneen, S. (2021). Gender Diversity in the Audit Committee and the Efficiency of Internal Control and Financial Reporting Quality. Economic research-Ekonomska istraživanja, 34(1), 1170-1189. doi:https://doi.org/10.1080/1331677x.2020.1820357
Faruq, U., & Setiawan, R. (2020). The Composition of Boards of Commissioners and Bank Profitability. International Journal of Innovation, Creativity and Change, 13(8), 1175-1187.
Fauziah, F. E. (2018). Diversitas Gender Dan Nilai Perusahaan Dengan Corporate Social Responsibility Sebagai Variabel Intervening. Media Ekonomi dan Manajemen, 33(2), 187-204. doi:https://doi.org/10.24856/mem.v33i2.668
Fitroni, N. A., & Feliana, Y. K. (2022). Pengaruh Keragaman Gender pada Dewan Komisaris, Dewan Direksi, Dan Komite Audit Terhadap Manajemen Laba. Akuntansi dan Teknologi Informasi, 15(1), 8-21. doi:https://doi.org/10.24123/jati.v15i1.4575
Gautama Siregar, B., Lubis, A., & Salman, M. (2023). Efisiensi Operasional Bank Umum Syariah. Jurnal Penelitian Ekonomi Akuntansi (JENSI), 7(2), 264-278. doi:https://doi.org/10.33059/jensi.v7i2.8571
Gunawan, B. V., & Wijaya, H. (2021). Pengaruh Dewan Komisaris Perempuan, Dewan Direksi Perempuan, dan Komite Audit Perempuan terhadap Kinerja Perusahaan Manufaktur Pada 2016-2018. Jurnal Ilmiah Mahasiswa Akuntansi, 10(2), 61-69. doi:https://doi.org/10.33508/jima.v10i2.3563
Hery. (2023). Analisis Laporan Keuangan: Intergrated and Comperhesive Edtion. Jakarta: PT Grasindo.
Jensen, M. C., & Meckling, W. H. (2019). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. In R. I. Tricker (Ed.), Corporate Governance: Values, Ethics and Leadership (pp. 77-132). London: Gower Publishing.
Lalonsang, J. T., & Karamoy, H. (2024). Analisis Kinerja Keuangan Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia dengan Menggunakan Metode Multi Attribute Decision Making (MADM). Manajemen Bisnis Dan Keuangan Korporat, 2(2), 190-203. doi:https://doi.org/10.58784/mbkk.168
Mastella, M., Vancin, D., Perlin, M., & Kirch, G. (2021). Board Gender Diversity: Performance and Risk of Brazilian Firms. Gender in Management: An International Journal, 36(4), 498-518. doi:https://doi.org/10.1108/gm-06-2019-0088
Ningsih, S. D., & Ilhami, S. (2023). Analisis Pengaruh Kecukupan Modal (CAR) dan Likuiditas (LDR) terhadap Kinerja Keuangan (ROA) Keuangan Bank Swasta Nasional Tahun 2014-2018 (Studi pada Bei Bank Swasta Nasional). JAMIN: Jurnal Aplikasi Manajemen dan Inovasi Bisnis, 5(2), 190-204. doi:https://doi.org/10.47201/jamin.v5i2.142
Nugrahani, W. P., & Yuniarti, R. (2021). Pengaruh Board Gender, Dewan Komisaris Independen, Komite Audit dan Kepemilikan Institusional Terhadap Kinerja Keuangan Perusahaan. Jurnal Bisnis, Ekonomi, dan Sains, 1(1), 59-68. doi:https://doi.org/10.33197/bes.vol1.iss1.2021.652
Putri, W., Kesaulya, F. A., & Khairunnisa, K. (2021). Pengaruh Non-Performing Loan (NPL) dan Loan to Deposit Ratio (LDR) terhadap Kinerja Keuangan Perbankan. Global Financial Accounting Journal, 5(2), 148-158. doi:https://doi.org/10.37253/gfa.v5i2.6087
Raharjanti, R., Murtiasri, E., Eviyanti, N., Asrori, M., & Haris, M. (2023). Keberagaman Gender, Struktur Kepemilikan serta Kinerja Perusahaan Real Estate di Indonesia. Monex: Journal of Accounting Research, 12(1), 75-84. doi:https://doi.org/10.30591/monex.v12i1.4286
Ramadhan, M. M., & Larasati, A. Y. (2022). Pengaruh Leverage (DER) dan Liquidity (CR) Terhadap Profitabilitas (ROA) Pada Perusahaan Otomotif Dan Komponen. Portofolio: Jurnal Ekonomi, Bisnis, Manajemen, Dan Akuntansi, 19(2), 154-162. doi:https://doi.org/10.26874/portofolio.v19i2.268
Rosliputri, A., & Hudaya, R. (2024). The Influence of Board Gender Diversity on Financial Performance of Manufacturing Companies Listed on the IDX. International Journal of Business and Quality Research, 2(1), 78-91. doi:https://doi.org/10.63922/ijbqr.v2i01.691
Saidat, Z., Seaman, C., Silva, M., Al-Haddad, L., & Marashdeh, Z. (2019). Female directors, family ownership and firm performance in Jordan. International Journal of Financial Research, 11(1), 206-219. doi:https://doi.org/10.5430/ijfr.v11n1p206
Satria, Y., Mahadwartha, P., & Ernawati, E. (2020). The Effect of Gender Diversity on Company Financial Performance. 17th International Symposium on Management (INSYMA 2020), 470-475. doi:https://doi.org/10.2991/aebmr.k.200127.094
Silitonga, R. N., & Manda, G. S. (2022). Pengaruh Risiko Kredit dan Risiko Likuiditas terhadap Kinerja Keuangan pada Bank BUMN Periode 2015-2020. Jurnal Maksipreneur: Manajemen, Koperasi, Dan Entrepreneurship, 12(1), 22-32. doi:https://doi.org/10.30588/jmp.v12i1.948
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
Wahyudi, H., & Silpayana. (2022). Pertumbuhan Ekonomi Pulau Sumatera. Jurnal Studi Pemerintahan dan Akuntabilitas, 1(2), 111-124. doi:https://doi.org/10.35912/jastaka.v1i2.1408
Widyaningsih, N., & Sampurno, R. D. (2022). Analisis Pengaruh CAR, NIM, BOPO, NPL dan LDR Terhadap Kinerja Keuangan Perbankan Selama Pandemi Covid-19 (Studi Pada Bank Umum yang terdaftar di Bursa Efek Indonesia Periode 2019-2021). Diponegoro Journal of Management, 11(5).
Winantisan, R. N. N. (2024). Pengaruh Keberagaman Usia dan Gender pada Dewan Komisaris dan Direksi terhadap Kinerja Keuangan Perbankan di Indonesia Periode 2018-2022. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 12(1), 1-12.
Published
2025-07-30
How to Cite
Luthfiasari, P., & Putra, V. (2025, July 30). THE EFFECT OF FEMALE COMMISSIONERS, FEMALE DIRECTORS, FEMALE AUDIT COMMITTEES, AND LIQUIDITY ON THE FINANCIAL PERFORMANCE OF CONVENTIONAL COMMERCIAL BANKS LISTED ON THE INDONESIA STOCK EXCHANGE. Jurnal Akuntansi Dan Keuangan (JAK), 30(2), 162-172. https://doi.org/https://doi.org/10.23960/jak.v30i2.4207
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