Keberagaman Gender Dewan Direksi Terhadap Kinerja Organisasi
DOI:
10.33395/owner.v8i4.2257Keywords:
Keberagaman; Dewan; KinerjaAbstract
This research aims to identify patterns in studies related to gender diversity in the composition of boards of directors and its impact on company performance for the last 10 years. The research approach used is library research, utilizing data from the Scopus database with a total of 839 articles. Data analysis was conducted using VOSviewer software version 1.6.20. The data processing results indicate that research on gender diversity and company performance often uses keywords such as industrial performance, performance, corporate governance, firm performance, diversity, and gender diversity. Frequently cited documents discuss gender diversity in boards, corporate policies, corporate risks, climate change risks, CSR, ESGD, environmental performance, innovation, workplace diversity, demographics, inclusive leadership, big data usage, empowering leadership, employee performance, work engagement, creativity, decision making unit heterogeneity, gender awareness in academia, and emotional intelligence. Documents frequently cited together in the article reference lists include those related to women in board seats and their influence on corporate governance, Agency Theory, CSR, corporate reputation, Upper Echelons Theory, and external constraints on companies. This research has implications, especially for the academic community, in understanding future research agendas. Additionally, the findings can be considered in decision making processes related to board diversity based on previous research studies. This bibliometric study provides an overview of future research opportunities related to board diversity and organizational performance.
Downloads
Plum-X Analityc
References
Alfar, A. J. K., Abuatwan, N., Elheddad, M., & Qaki, M. (2023). The Internal Determinants of Gender Diversity and Its Non-Linear Impact on Firms’ Performance: Evidence from the Listed Companies in Palestine Exchange. Journal of Risk and Financial Management, 16(28), 1–19. https://doi.org/10.3390/jrfm16010028
Ararat, M., El-Helaly, M., Lowe, A., & Shehata, N. (2021). Contingent Effect of Board Gender Diversity on Performance in Emerging Markets: Evidence from the Egyptian Revolution. Journal of Risk and Financial Management, 14(11), 1–16. https://doi.org/10.3390/jrfm14110538
Arnaboldi, F., Casu, B., Gallo, A., Kalotychou, E., & Sarkisyan, A. (2021). Gender Diversity and Bank Misconduct. Journal of Corporate Finance, 71, 101834. https://doi.org/10.1016/j.jcorpfin.2020.101834
Arvanitis, S. E., Varouchas, E. G., & Agiomirgianakis, G. M. (2022). Does Board Gender Diversity Really Improve Firm Performance? Evidence from Greek Listed Firms. Journal of Risk and Financial Management, 15(7). https://doi.org/10.3390/jrfm15070306
Bogdan, V., Popa, D. N., Belene?i, M., Rus, L., & Scor?e, C. M. (2023). Gender Diversity and Business Performance Nexus: A Synoptic Panorama Based on Bibliometric Network Analysis. Sustainability (Switzerland), 15(3), 1801. https://doi.org/10.3390/su15031801
Brahma, S., Nwafor, C., & Boateng, A. (2021). Board Gender Diversity and Firm Performance: The UK Evidence. International Journal of Finance and Economics, 26(4), 5704–5719. https://doi.org/10.1002/ijfe.2089
Chen, C., & Hassan, A. (2022). Management Gender Diversity, Executives Compensation and Firm Performance. International Journal of Accounting and Information Management, 30(1), 115–142. https://doi.org/10.1108/IJAIM-05-2021-0109
??ng, R., Houanti, L. H., Reddy, K., & Simioni, M. (2020). Does Board Gender Diversity Influence Firm Profitability? A Control Function Approach. Economic Modelling, 90, 168–181. https://doi.org/10.1016/j.econmod.2020.05.009
Darmadi, S. (2013). Do Women in Top Management Affect Firm Performance? Evidence from Indonesia. Corporate Governance, 13(3), 288–304. https://doi.org/10.1108/CG-12-2010-0096
Dwaikat, N., Qubbaj, I. S., & Queiri, A. (2021). Gender Diversity on the Board of Directors and Its Impact on the Palestinian Financial Performance of the Firm. Cogent Economics and Finance, 9(1). https://doi.org/10.1080/23322039.2021.1948659
Forbes, D., & Milliken, F. (1999). Cognition and corporate governance: Understanding boards of directors as strategic decision-making groups. The Academy of Management Review, 24(3), 489–505.
Fuentes-fuentes, M. M., Quintana-garcía, C., Benavides-chic, C. G., & Marchante-lara, M. (2023). Gender Diversity , Inclusive Innovation and Firm Performance. Sustainable Development, 31, 3622–3638. https://doi.org/10.1002/sd.2615
Gallego-Álvarez, I., García-Sánchez, I. M., & Rodríguez-Dominguez, L. (2010). The Influence of Gender Diversity on Corporate Performance. Revista de Contabilidad-Spanish Accounting Review, 13(1), 53–88. https://doi.org/10.1016/S1138-4891(10)70012-1
Galletta, S., Mazzù, S., Naciti, V., & Vermiglio, C. (2022). Gender Diversity and Sustainability Performance in the Banking Industry. Corporarate Social Responsibility Environment Management, 29, 161–174. https://doi.org/10.1002/csr.2191
Garanina, T., & Muravyev, A. (2021). The Gender Composition of Corporate Boards and Firm Performance?: Evidence from Russia. Emerging Markets Review, 48, 100772. https://doi.org/10.1016/j.ememar.2020.100772
Gomez, J. M., Lafuente, E., & Vaillant, Y. (2018). Gender Diversity in the Board , Women ’ s Leadership and Business Performance. Gender in Management?: An International Journal, 33(2), 1754–2413. https://doi.org/10.1108/GM-05-2017-0058
Alfar, A. J. K., Abuatwan, N., Elheddad, M., & Qaki, M. (2023). The Internal Determinants of Gender Diversity and Its Non-Linear Impact on Firms’ Performance: Evidence from the Listed Companies in Palestine Exchange. Journal of Risk and Financial
Management, 16(28), 1–19. https://doi.org/10.3390/jrfm16010028
Ararat, M., El-Helaly, M., Lowe, A., & Shehata, N. (2021). Contingent Effect of Board Gender Diversity on Performance in Emerging Markets: Evidence from the Egyptian Revolution. Journal of Risk and Financial Management, 14(11), 1–16. https://doi.org/10.3390/jrfm14110538
Arnaboldi, F., Casu, B., Gallo, A., Kalotychou, E., & Sarkisyan, A. (2021). Gender Diversity and Bank Misconduct. Journal of Corporate Finance, 71, 101834. https://doi.org/10.1016/j.jcorpfin.2020.101834
Arvanitis, S. E., Varouchas, E. G., & Agiomirgianakis, G. M. (2022). Does Board Gender Diversity Really Improve Firm Performance? Evidence from Greek Listed Firms. Journal of Risk and Financial Management, 15(7). https://doi.org/10.3390/jrfm15070306
Bogdan, V., Popa, D. N., Belene?i, M., Rus, L., & Scor?e, C. M. (2023). Gender Diversity and Business Performance Nexus: A Synoptic Panorama Based on Bibliometric Network Analysis. Sustainability (Switzerland), 15(3), 1801. https://doi.org/10.3390/su15031801
Brahma, S., Nwafor, C., & Boateng, A. (2021). Board Gender Diversity and Firm Performance: The UK Evidence. International Journal of Finance and Economics, 26(4), 5704–5719. https://doi.org/10.1002/ijfe.2089
Chen, C., & Hassan, A. (2022). Management Gender Diversity, Executives Compensation and Firm Performance. International Journal of Accounting and Information Management, 30(1), 115–142. https://doi.org/10.1108/IJAIM-05-2021-0109
??ng, R., Houanti, L. H., Reddy, K., & Simioni, M. (2020). Does Board Gender Diversity Influence Firm Profitability? A Control Function Approach. Economic Modelling, 90, 168–181. https://doi.org/10.1016/j.econmod.2020.05.009
Darmadi, S. (2013). Do Women in Top Management Affect Firm Performance? Evidence from Indonesia. Corporate Governance, 13(3), 288–304. https://doi.org/10.1108/CG-12-2010-0096
Dwaikat, N., Qubbaj, I. S., & Queiri, A. (2021). Gender Diversity on the Board of Directors and Its Impact on the Palestinian Financial Performance of the Firm. Cogent Economics and Finance, 9(1). https://doi.org/10.1080/23322039.2021.1948659
Forbes, D., & Milliken, F. (1999). Cognition and corporate governance: Understanding boards of directors as strategic decision-making groups. The Academy of Management Review, 24(3), 489–505.
Fuentes-fuentes, M. M., Quintana-garcía, C., Benavides-chic, C. G., & Marchante-lara, M. (2023). Gender Diversity , Inclusive Innovation and Firm Performance. Sustainable Development, 31, 3622–3638. https://doi.org/10.1002/sd.2615
Gallego-Álvarez, I., García-Sánchez, I. M., & Rodríguez-Dominguez, L. (2010). The Influence of Gender Diversity on Corporate Performance. Revista de Contabilidad-Spanish Accounting Review, 13(1), 53–88. https://doi.org/10.1016/S1138-4891(10)70012-1
Galletta, S., Mazzù, S., Naciti, V., & Vermiglio, C. (2022). Gender Diversity and Sustainability Performance in the Banking Industry. Corporarate Social Responsibility Environment Management, 29, 161–174. https://doi.org/10.1002/csr.2191
Garanina, T., & Muravyev, A. (2021). The Gender Composition of Corporate Boards and Firm Performance?: Evidence from Russia. Emerging Markets Review, 48, 100772. https://doi.org/10.1016/j.ememar.2020.100772
Gomez, J. M., Lafuente, E., & Vaillant, Y. (2018). Gender Diversity in the Board , Women ’ s Leadership and Business Performance. Gender in Management?: An International Journal, 33(2), 1754–2413. https://doi.org/10.1108/GM-05-2017-0058
Green, C. P., & Homroy, S. (2018). Female Directors , Board Committees and Firm Performance. European Economic Review, 102, 19–38. https://doi.org/10.1016/j.euroecorev.2017.12.003
Hedija, V., & N?mec, D. (2021). Gender Diversity in Leadership and Firm Performance?: Evidence from the Csech Republic. Journal of Business Economics and Management, 22(1), 156–180.
Jiang, L., Cherian, J., Sial, M. S., Wan, P., António, J., Mata, M. N., & Chen, X. (2021). The Moderating Role of CSR in Board Gender Diversity and Firm Financial Performance?: Empirical Evidence from an Emerging Economy. Economic Research-Ekonomska Istraživanja, 34(1), 2354–2373. https://doi.org/10.1080/1331677X.2020.1863829
Julizaerma, M. K., & Mohamad, Z. (2012). Gender Diversity in the Boardroom and Firm Performance of Malaysian Public Listed Companies . Procedia - Social and Behavioral Sciences, 65, 1077–1085. https://doi.org/10.1016/j.sbspro.2012.11.374
Khan, A. W., & Subhan, Q. A. (2019). Impact of Board Diversity and Audit on Firm Performance. Cogent Business & Management, 6, 1–16. https://doi.org/10.1080/23311975.2019.1611719
Khunkaew, R., Wichianrak, J., & Suttipun, M. (2023). Sustainability Reporting , Gender Diversity , Firm Value and Corporate Performance in ASEAN Region. Cogent Business & Management, 10, 1–24. https://doi.org/10.1080/23311975.2023.2200608
Kramaric, T. P., & Miletic, M. (2022). Does Board Gender Diversity Play Significant Role in Determining Firm Performance? The Case of Croatian Largest Manufacturers. Original Scientific Paper, 10(1), 1–19.
Kyaw, K., Olugbode, M., & Petracci, B. (2017). Can Board Gender Diversity Promote Corporate Social Performance?? Corporate Governance, 17(5), 789–802. https://doi.org/10.1108/CG-09-2016-0183
Lee-kuen, I. Y., Sok-gee, C., & Zainudin, R. (2017). Gender Diversity and Firms’ Financial Performance in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 13(1), 41–62.
Loh, L., Nguyen, T. T., & Singh, A. (2022). The Impact of Leadership Diversity on Firm Performance in Singapore. Sustainability, 14, 1–14.
Mahsina, & Agustia, D. (2023). Does Green Innovation Play an Important Role in the Effect Board Gender Diversity Has on Firm Performance?? Intangible Capital, 19(2), 146–164.
Marinova, J., Plantenga, J., & Remery, C. (2016). Gender Diversity and Firm Performance?: Evidence from Dutch and Danish Boardrooms. The International Journal of Human Resource Management, 27(15), 1777–1790. https://doi.org/10.1080/09585192.2015.1079229
Marquez-Cardenas, V., Gonzalez-Ruiz, J. D., & Duque-Grisales, E. (2022). Board gender Diversity and Firm Performance: Evidence from Latin America. Journal of Sustainable Finance and Investment, 12(3), 785–808. https://doi.org/10.1080/20430795.2021.2017256
Mohd Amin, S. I., Rahmat, M. M., & Mohd Asri, A. K. (2019). Board Diversity, Industry Specificity, and Firm Performance. Journal of Nusantara Studies (JONUS), 4(2), 45–69. https://doi.org/10.24200/jonus.vol4iss2pp45-69
Nguyen, D. T., Hoang, T. G., Minh Phi, N. T., & Truong, T. H. H. (2023). Do ESG Ratings Mediate the Relationship between Board Gender Diversity and Firm Financial Performance?? Evidence from the U . S . Market. The Economics and Finance Letters, 10(2), 163–171. https://doi.org/10.18488/29.v10i2.3396
Nyeadi, J. D., Kamasa, K., & Kpinpuo, S. (2021). Female in Top Management and Firm Performance Nexus?: Empirical Evidence from Ghana. Cogent Economics & Finance, 9, 1–19. https://doi.org/10.1080/23322039.2021.1921323
Rubino, F. E., Tenuta, P., & Cambrea, D. R. (2021). Five Shades of Women?: Evidence from Italian Listed Firms. Meditari Accountancy Research, 29(7), 54–74. https://doi.org/10.1108/MEDAR-10-2020-1057
Saha, R., & Maji, S. G. (2022). Board Gender Diversity and Firm Performance?: Evidence from Family-Owned Firms in India. Indonesian Journal of Sustainability Accounting and Management, 6(2), 291–301. https://doi.org/10.28992/ijsam.v6i2.595
Sial, M. S., Zheng, C., Cherian, J., Gulzar, M. A., Thu, P. A., Khan, T., & Khuong, N. V. (2018). Does Corporate Social Responsibility Mediate the Relation between Boardroom Gender Diversity and Firm Performance of Chinese Listed Companies?? Sustainability, 10, 1–18. https://doi.org/10.3390/su10103591
Sieweke, J., Bostandzic, D., & Smolinski, S. (2023). The Influence of Top Management Team Gender Diversity on Firm Performance during Stable Periods and Economic Crises?: An Instrumental Variable Analysis. The Leadership Quarterly, 34, 101703. https://doi.org/10.1016/j.leaqua.2023.101703
Simionescu, L. N., Gherghina, ?. C., Tawil, H., & Sheikha, Z. (2021). Does Board Gender Diversity Affect Firm Performance?? Empirical Evidence from Standard & Poor ’ s 500 Information Technology Sector. Financial Innovation, 7(52), 1–45. https://doi.org/10.1186/s40854-021-00265-x
Wiley, C., & Monllor-tormos, M. (2018). Board Gender Diversity in the STEM & F Sectors?: The Critical Mass Required to Drive Firm Performance. Journal of Leadership & Organizational Studies, 25(3), 290–308. https://doi.org/10.1177/1548051817750535
Wu, Y. L., Shao, B., Newman, A., & Schwarz, G. (2021). Crisis Leadership?: A Review and Future Research Agenda. The Leadership Quarterly, 32(6), 101518. https://doi.org/10.1016/j.leaqua.2021.101518
Zaccone, M. C., & Argiolas, A. (2023). Is a Critical Mass of Women Always Enough to Improve Firm Performance?? The Importance of the Institutional Context. Corporate Governance. https://doi.org/10.1108/CG-02-2023-0058
Zhang, L. (2020). Organization Science An Institutional Approach to Gender Diversity and Firm Performance. Organization Science, 1–19.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Rieswandha Dio Primasatya, Tri Sangga Prestiani, Muhammad Irsyad Elfin Mujtaba, Like Lorensa
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.