PENGARUH ATRIBUT DEWAN KOMISARIS TERHADAP RISIKO PERUSAHAAN (Studi pada Perusahaan Perbankan yang Terdaftar pada Bursa Efek Indonesia Periode 2014 – 2017)

Abstract

The aim of this study is to examine board of Commissioners’ atributes to firm risk. Firm risk is measured using accounting and market data. Firm risk is measures used in this study are total risk and asset return risk. The independent variable in this study is the board of commissioners’ attributes which consist of board size, the independence, gender diversity, age, tenure, attendance and frequency of audit meetings. In addition, firm size, growth, lagged performance, and financial leverage are used to control variable in this study. This study used systematic sampling to determined sample and population of this study is conventional banking companies listed on the Indonesia Stock Exchange for the period 2014-2017. Linear regression analysis is used as a hypothesis testing in this study and the sample used is 116 conventional banking companies. The result of this study showed that board size and gender diversity have a positive and significant effect on firm risk. While board age and the frequency of audit committee meetings have a negative and significant effect on firm risk.