Board Diversity, Koneksi Politik dan Financial Distress

  • Jassica Brigita Kharis Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana, Indonesia
  • Yeterina Widi Nugrahanti Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana, Indonesia

Abstract

This study aims to determine the effect of board diversity (gender diversity, educational background, proportion of independent boards) and political connections on financial distress. Altman Z-Score is used to measure financial distress. The study was conducted on manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The data analysis technique used in this study is panel data regression using data processing software Eviews 12. The results show that gender diversity and political connections have a negative effect on financial distress. While educational background has a positive effect on financial distress. The test results also show that the proportion of independent boards has no effect on financial distress.


Keywords: Financial Distress; Boards Diversity; Political Connection; Z-Score.

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Published
2022-08-26
How to Cite
KHARIS, Jassica Brigita; NUGRAHANTI, Yeterina Widi. Board Diversity, Koneksi Politik dan Financial Distress. E-Jurnal Akuntansi, [S.l.], v. 32, n. 8, p. 1987-2003, aug. 2022. ISSN 2302-8556. Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/87367>. Date accessed: 29 mar. 2024. doi: https://doi.org/10.24843/EJA.2022.v32.i08.p03.
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