The impact of nationality diversity on financial performance among manufacturing companies listed on the Indonesia Stock Exchange

  • Umi Mardiyati Faculty of Economics State University of Jakarta, Indonesia
  • M Edo Suryawan Siregar Faculty of Economics Universitas Negeri Jakarta, Indonesia

Abstract

This study aimed to determine the effect of commissioner nationality on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange from 2015–2017. The results (after controlling for gender, board size, firm size, leverage, and liquidity) show that the presence of foreign commissioners on the board of commissioners does not significantly affect companies’ financial performance. A robustness test confirmed the regression results.

Published
2022-04-01
How to Cite
Mardiyati, U., & Siregar, M. E. S. (2022). The impact of nationality diversity on financial performance among manufacturing companies listed on the Indonesia Stock Exchange. Global Advances in Business Studies, 1(1), 27-33. https://doi.org/10.55584/Gabs001.01.3