Woman Director and Firm Performance

Abstract

This study seeks to assess the impact of the ratio of women directors and their educational qualifications on corporate performance. The research employs 78 samples from mining firms listed on the Indonesia Stock Exchange from 2021 to 2023. This research analyzes critical criteria such as firm success, the percentage of women directors, and their educational attainment. This study employed multiple linear regression for data analysis. The results indicate that the inclusion of women directors on the board positively influences corporate success. An increase in women directors is deemed to promote innovation, hence enhancing firm performance. Nevertheless, the findings suggest that the educational attainment of women directors does not significantly influence firm success. These findings underscore the significant impact of women directors in mining businesses, despite the industry's prevailing male dominance. Diverse leadership can offer wider viewpoints in decision-making, therefore improving the quality of company strategy.