Indonesian Capital Market Review
Vol. 8, No. 1

Women in Top Management and Bank Performance: Evidence from Indonesia

Sawitri, Hunik Sri Runing (Unknown)
Untoro, Wisnu (Unknown)
Trinugroho, Irwan (Unknown)



Article Info

Publish Date
30 Jan 2016

Abstract

We investigate the impact of the presence of women in top management on bank performance controlling for bank specific factors, ownership and governance. By making use of sample of 70 Indonesian banks in a cross section study, we find strong evidence that the presence of women in the executives is negatively associated with firm performance. Moreover, we examine the moderating effect of TMT organizational tenure and TMT age. However, only little evidence is found in the effect of our moderating variables.

Copyrights © 2016






Journal Info

Abbrev

publication:icmr

Publisher

Subject

Economics, Econometrics & Finance

Description

The intent of the Editors of The Indonesian Capital Market Review is to discuss, to explore, and to disseminate the latest issues and developments in Empirical Financial Economics particularly those related to financial frictions in the Emerging Markets. The topics cover capital markets, financial ...