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Board Diversity, Sustainability Report Disclosure and Firm Value

Author

Listed:
  • Dian Agustia
  • Iman Harymawan
  • Yani Permatasari

Abstract

Based on inconsistent with previous research, this study aims to prove the effect of the board of directors’ diversity factors on the firm value through the sustainability report disclosure as the mediating variables empirically, this study aims to prove the effect of the board of director’s diversity factors on the firm value through the sustainability report disclosure as the mediating variables empirically. The multiple linear regression is performed on the financial data of 256 non-financial firms on the Indonesia Stock Exchange. The sample was determined using the purposive sampling method. This study found that sustainability report disclosure can mediate the board of directors’ effect on tenure and nationality diversity’s effect on the firm value. This study combines several boards of directors’ diversity factors into one, consisting of gender, age, tenure, educational level, and nationality, and empirically proves the theories used in this study.

Suggested Citation

  • Dian Agustia & Iman Harymawan & Yani Permatasari, 2022. "Board Diversity, Sustainability Report Disclosure and Firm Value," Global Business Review, International Management Institute, vol. 23(6), pages 1520-1543, December.
    • Handle: RePEc:sae:globus:v:23:y:2022:i:6:p:1520-1543
    DOI: 10.1177/09721509221124125
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    References listed on IDEAS

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